Guinea vs Madagascar: Official exchange rate
Official exchange rate over time
- Guinea
- Madagascar
How they compare
Guinea currently reports 9,565 LCU per US$, period average against 4,530 LCU per US$, period average in Madagascar, a difference of 5,035 LCU per US$, period average.
That makes Guinea's figure about 2.1 times Madagascar's.
The two have swapped places 1 time across 61 shared years of data; in 1960 it was Madagascar ahead.
Guinea ranks 8th and Madagascar ranks 11th of 213 countries.
Across the 7 decades both report, Guinea averaged higher in 5 and Madagascar in 2.
Head to head by decade
| Decade | Guinea | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 24.68 LCU per US$, period average | 49.63 LCU per US$, period average | 24.94 LCU per US$, period average | Madagascar |
| 1970s | 21.53 LCU per US$, period average | 48.16 LCU per US$, period average | 26.62 LCU per US$, period average | Madagascar |
| 1980s | 196.17 LCU per US$, period average | 145.17 LCU per US$, period average | 51 LCU per US$, period average | Guinea |
| 1990s | 996.31 LCU per US$, period average | 706.35 LCU per US$, period average | 289.96 LCU per US$, period average | Guinea |
| 2000s | 3,230 LCU per US$, period average | 1,683 LCU per US$, period average | 1,547 LCU per US$, period average | Guinea |
| 2010s | 7,703 LCU per US$, period average | 2,711 LCU per US$, period average | 4,992 LCU per US$, period average | Guinea |
| 2020s | 9,565 LCU per US$, period average | 3,788 LCU per US$, period average | 5,777 LCU per US$, period average | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Guinea or Madagascar?
- Guinea, at 9,565 LCU per US$, period average against 4,530 LCU per US$, period average in Madagascar as of 2020.
- What is the difference in official exchange rate between Guinea and Madagascar?
- 5,035 LCU per US$, period average, with Guinea ahead.
- How many years of comparable data are there for Guinea and Madagascar?
- 61 years are reported by both, from 1960 to 2020.
- How do Guinea and Madagascar rank globally for official exchange rate?
- Guinea ranks 8th and Madagascar ranks 11th of 213 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, 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.