Somalia - Official exchange rate

Official exchange rate (LCU per US$, period average)

The value for Official exchange rate (LCU per US$, period average) in Somalia was 23,097.99 as of 2017. As the graph below shows, over the past 57 years this indicator reached a maximum value of 31,558.91 in 2009 and a minimum value of 6.28 in 1973.

Definition: 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).

Source: International Monetary Fund, International Financial Statistics.

See also:

Year Value
1960 7.14
1961 7.14
1962 7.14
1963 7.14
1964 7.14
1965 7.14
1966 7.14
1967 7.14
1968 7.14
1969 7.14
1970 7.14
1971 7.13
1972 6.98
1973 6.28
1974 6.30
1975 6.30
1976 6.30
1977 6.30
1978 6.30
1979 6.30
1980 6.30
1981 6.30
1982 10.75
1983 15.79
1984 20.02
1985 39.49
1986 72.00
1987 105.18
1988 170.45
1989 490.68
2009 31,558.91
2010 31,269.66
2011 29,966.84
2012 22,516.00
2013 19,283.80
2014 20,230.93
2015 22,254.24
2016 23,061.79
2017 23,097.99

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices