Guinea-Bissau vs Malawi: Official exchange rate
Official exchange rate over time
- Guinea-Bissau
- Malawi
How they compare
Malawi currently reports 1,161 LCU per US$, period average against 581.93 LCU per US$, period average in Guinea-Bissau, a difference of 579.07 LCU per US$, period average.
That makes Malawi's figure about 2.0 times Guinea-Bissau's.
The two have swapped places 1 time across 64 shared years of data; in 1960 it was Guinea-Bissau ahead.
Guinea-Bissau ranks 31st and Malawi ranks 28th of 213 countries.
Across the 7 decades both report, Guinea-Bissau averaged higher in 6 and Malawi in 1.
Head to head by decade
| Decade | Guinea-Bissau | Malawi | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 246.98 LCU per US$, period average | 0.7391 LCU per US$, period average | 246.24 LCU per US$, period average | Guinea-Bissau |
| 1970s | 240.47 LCU per US$, period average | 0.8467 LCU per US$, period average | 239.62 LCU per US$, period average | Guinea-Bissau |
| 1980s | 334.26 LCU per US$, period average | 1.65 LCU per US$, period average | 332.61 LCU per US$, period average | Guinea-Bissau |
| 1990s | 445.72 LCU per US$, period average | 14.45 LCU per US$, period average | 431.28 LCU per US$, period average | Guinea-Bissau |
| 2000s | 568.82 LCU per US$, period average | 109.08 LCU per US$, period average | 459.73 LCU per US$, period average | Guinea-Bissau |
| 2010s | 537.01 LCU per US$, period average | 477.12 LCU per US$, period average | 59.89 LCU per US$, period average | Guinea-Bissau |
| 2020s | 590.11 LCU per US$, period average | 916.39 LCU per US$, period average | 326.28 LCU per US$, period average | Malawi |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Guinea-Bissau or Malawi?
- Malawi, at 1,161 LCU per US$, period average against 581.93 LCU per US$, period average in Guinea-Bissau as of 2023.
- What is the difference in official exchange rate between Guinea-Bissau and Malawi?
- 579.07 LCU per US$, period average, with Malawi ahead.
- How many years of comparable data are there for Guinea-Bissau and Malawi?
- 64 years are reported by both, from 1960 to 2023.
- How do Guinea-Bissau and Malawi rank globally for official exchange rate?
- Guinea-Bissau ranks 31st and Malawi ranks 28th of 213 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, 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.