Euro area vs Somalia: Official exchange rate
Euro area
0.885 LCU per US$, period average
in 2025
Somalia
23,098 LCU per US$, period average
in 2017
Euro area rank
1st
Somalia rank
4th
Official exchange rate over time
- Euro area
- Somalia
How they compare
Somalia currently reports 23,098 LCU per US$, period average against 0.885 LCU per US$, period average in Euro area, a difference of 23,097 LCU per US$, period average.
Across all 9 years both countries report, Somalia has been ahead every year.
Euro area ranks 1st and Somalia ranks 4th of 2 groups.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Euro area | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.717 LCU per US$, period average | 31,559 LCU per US$, period average | 31,558 LCU per US$, period average | Somalia |
| 2010s | 0.8058 LCU per US$, period average | 23,960 LCU per US$, period average | 23,959 LCU per US$, period average | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Euro area or Somalia?
- Somalia, at 23,098 LCU per US$, period average against 0.885 LCU per US$, period average in Euro area as of 2017.
- What is the difference in official exchange rate between Euro area and Somalia?
- 23,097 LCU per US$, period average, with Somalia ahead.
- How many years of comparable data are there for Euro area and Somalia?
- 9 years are reported by both, from 2009 to 2017.
- How do Euro area and Somalia rank globally for official exchange rate?
- Euro area ranks 1st and Somalia ranks 4th of 2 groups.
- 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.