Guinea vs Lao People's Democratic Republic: Official exchange rate
Official exchange rate over time
- Guinea
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports 20,167 LCU per US$, period average against 9,565 LCU per US$, period average in Guinea, a difference of 10,602 LCU per US$, period average.
That makes Lao People's Democratic Republic's figure about 2.1 times Guinea's.
The two have swapped places 7 times across 61 shared years of data; in 1960 it was Lao People's Democratic Republic ahead.
Guinea ranks 8th and Lao People's Democratic Republic ranks 5th of 213 countries.
Across the 7 decades both report, Guinea averaged higher in 2 and Lao People's Democratic Republic in 5.
Head to head by decade
| Decade | Guinea | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 24.68 LCU per US$, period average | 176 LCU per US$, period average | 151.32 LCU per US$, period average | Lao People's Democratic Republic |
| 1970s | 21.53 LCU per US$, period average | 424.5 LCU per US$, period average | 402.97 LCU per US$, period average | Lao People's Democratic Republic |
| 1980s | 196.17 LCU per US$, period average | 146.6 LCU per US$, period average | 49.57 LCU per US$, period average | Guinea |
| 1990s | 996.31 LCU per US$, period average | 1,695 LCU per US$, period average | 698.27 LCU per US$, period average | Lao People's Democratic Republic |
| 2000s | 3,230 LCU per US$, period average | 9,572 LCU per US$, period average | 6,342 LCU per US$, period average | Lao People's Democratic Republic |
| 2010s | 7,703 LCU per US$, period average | 8,174 LCU per US$, period average | 471.45 LCU per US$, period average | Lao People's Democratic Republic |
| 2020s | 9,565 LCU per US$, period average | 9,046 LCU per US$, period average | 519.29 LCU per US$, period average | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Guinea or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at 20,167 LCU per US$, period average against 9,565 LCU per US$, period average in Guinea as of 2024.
- What is the difference in official exchange rate between Guinea and Lao People's Democratic Republic?
- 10,602 LCU per US$, period average, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Guinea and Lao People's Democratic Republic?
- 61 years are reported by both, from 1960 to 2020.
- How do Guinea and Lao People's Democratic Republic rank globally for official exchange rate?
- Guinea ranks 8th and Lao People's Democratic Republic ranks 5th of 213 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, 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.