Ethiopia vs Gambia: Official exchange rate
Official exchange rate over time
- Ethiopia
- Gambia
How they compare
Ethiopia currently reports 82.6 LCU per US$, period average against 71.29 LCU per US$, period average in Gambia, a difference of 11.31 LCU per US$, period average.
That makes Ethiopia's figure about 1.2 times Gambia's.
The two have swapped places 4 times across 65 shared years of data; in 1960 it was Ethiopia ahead.
Ethiopia ranks 74th and Gambia ranks 76th of 213 countries.
Across the 7 decades both report, Ethiopia averaged higher in 2 and Gambia in 5.
Head to head by decade
| Decade | Ethiopia | Gambia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2.49 LCU per US$, period average | 1.85 LCU per US$, period average | 0.6436 LCU per US$, period average | Ethiopia |
| 1970s | 2.18 LCU per US$, period average | 1.99 LCU per US$, period average | 0.1959 LCU per US$, period average | Ethiopia |
| 1980s | 2.07 LCU per US$, period average | 4.44 LCU per US$, period average | 2.37 LCU per US$, period average | Gambia |
| 1990s | 5.17 LCU per US$, period average | 9.58 LCU per US$, period average | 4.41 LCU per US$, period average | Gambia |
| 2000s | 9.02 LCU per US$, period average | 23.73 LCU per US$, period average | 14.71 LCU per US$, period average | Gambia |
| 2010s | 20.99 LCU per US$, period average | 39.79 LCU per US$, period average | 18.8 LCU per US$, period average | Gambia |
| 2020s | 53.52 LCU per US$, period average | 57.33 LCU per US$, period average | 3.81 LCU per US$, period average | Gambia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Ethiopia or Gambia?
- Ethiopia, at 82.6 LCU per US$, period average against 71.29 LCU per US$, period average in Gambia as of 2024.
- What is the difference in official exchange rate between Ethiopia and Gambia?
- 11.31 LCU per US$, period average, with Ethiopia ahead.
- How many years of comparable data are there for Ethiopia and Gambia?
- 65 years are reported by both, from 1960 to 2024.
- How do Ethiopia and Gambia rank globally for official exchange rate?
- Ethiopia ranks 74th and Gambia ranks 76th of 213 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, period average). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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. This indicator represents the ratio of Local Currency Units relative to United States dollars.This indicator is derived as an average over the reference period.