Official exchange rate, LCU per USD, period average in Maldives
Maldives: Official exchange rate, LCU per USD, period average was 15.35 in 2026. ▲ Rising
Official exchange rate, LCU per USD, period average in Maldives, 1987–2026
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2026, official exchange rate, lcu per usd, period average in Maldives stood at 15.35.
That represents a change of up 0.1% on the previous year and up 0.0% over ten years.
Over the whole period, official exchange rate, lcu per usd, period average in Maldives peaked at 15.49 in 2018 and was at its lowest, 8.75, in 1988.
Maldives ranks 113th of 195 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 40 years of available data.
Official exchange rate, LCU per USD, period average in Maldives, year by year
| Year | Value | Change |
|---|---|---|
| 1987 | 9.18 | — |
| 1988 | 8.75 | -4.8% |
| 1989 | 9 | +2.9% |
| 1990 | 9.51 | +5.7% |
| 1991 | 10.21 | +7.3% |
| 1992 | 10.52 | +3.1% |
| 1993 | 10.91 | +3.7% |
| 1994 | 11.54 | +5.7% |
| 1995 | 11.72 | +1.6% |
| 1996 | 11.72 | +0.0% |
| 1997 | 11.73 | +0.1% |
| 1998 | 11.77 | +0.3% |
| 1999 | 11.42 | -2.9% |
| 2000 | 11.7 | +2.4% |
| 2001 | 11.74 | +0.3% |
| 2002 | 11.94 | +1.7% |
| 2003 | 12.69 | +6.2% |
| 2004 | 12.8 | +0.9% |
| 2005 | 12.81 | +0.1% |
| 2006 | 12.8 | -0.1% |
| 2007 | 12.8 | +0.0% |
| 2008 | 12.8 | +0.0% |
| 2009 | 12.8 | +0.0% |
| 2010 | 12.8 | +0.0% |
| 2011 | 14.46 | +12.9% |
| 2012 | 15.37 | +6.3% |
| 2013 | 15.37 | -0.0% |
| 2014 | 15.37 | +0.0% |
| 2015 | 15.27 | -0.6% |
| 2016 | 15.35 | +0.5% |
| 2017 | 15.4 | +0.3% |
| 2018 | 15.49 | +0.5% |
| 2019 | 15.43 | -0.4% |
| 2020 | 15.38 | -0.3% |
| 2021 | 15.36 | -0.2% |
| 2022 | 15.36 | -0.0% |
| 2023 | 15.34 | -0.1% |
| 2024 | 15.33 | -0.0% |
| 2025 | 15.33 | +0.0% |
| 2026 | 15.35 | +0.1% |
Maldives compared with similar countries
- Maldives's 15.35 is below the median for upper middle income countries, which is 28.19, 54% of the median. (54 countries reporting)
- Maldives's 15.35 is below the median for South Asia, which is 108.25, 14% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.98 | 8.75 | 9.18 | 3 |
| 1990s | 11.11 | 9.51 | 11.77 | 10 |
| 2000s | 12.49 | 11.7 | 12.81 | 10 |
| 2010s | 15.03 | 12.8 | 15.49 | 10 |
| 2020s | 15.35 | 15.33 | 15.38 | 7 |
Countries ranked near Maldives
More reference data data for Maldives
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0011 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0011 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0044 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.0044 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 1.16 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 0.012 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Burning - Crop 0.0004 (2050)
Frequently asked questions
- What is official exchange rate, lcu per usd, period average in Maldives?
- Official exchange rate, lcu per usd, period average in Maldives was 15.35 in 2026, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest official exchange rate, lcu per usd, period average recorded in Maldives?
- The highest recorded value was 15.49 in 2018.
- What is the lowest official exchange rate, lcu per usd, period average recorded in Maldives?
- The lowest recorded value was 8.75 in 1988.
- How does Maldives rank for official exchange rate, lcu per usd, period average?
- Maldives ranks 113th out of 195 countries with data for 2026.
- Is official exchange rate, lcu per usd, period average rising or falling in Maldives?
- Over the last ten years it is up 0.0%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Official exchange rate, LCU per USD, period average. Statizoid updates them automatically from the source API.
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About this data
Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).