Iraq vs Malawi: Official exchange rate
Official exchange rate over time
- Iraq
- Malawi
How they compare
Iraq currently reports 1,300 LCU per US$, period average against 1,161 LCU per US$, period average in Malawi, a difference of 139 LCU per US$, period average.
That makes Iraq's figure about 1.1 times Malawi's.
The two have swapped places 1 time across 63 shared years of data; in 1960 it was Malawi ahead.
Iraq ranks 26th and Malawi ranks 28th of 213 countries.
Across the 7 decades both report, Iraq averaged higher in 6 and Malawi in 1.
Head to head by decade
| Decade | Iraq | Malawi | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.3571 LCU per US$, period average | 0.7391 LCU per US$, period average | 0.3819 LCU per US$, period average | Malawi |
| 1970s | 1,645 LCU per US$, period average | 0.8467 LCU per US$, period average | 1,644 LCU per US$, period average | Iraq |
| 1980s | 1,974 LCU per US$, period average | 1.65 LCU per US$, period average | 1,973 LCU per US$, period average | Iraq |
| 1990s | 2,002 LCU per US$, period average | 14.45 LCU per US$, period average | 1,988 LCU per US$, period average | Iraq |
| 2000s | 1,558 LCU per US$, period average | 110.38 LCU per US$, period average | 1,447 LCU per US$, period average | Iraq |
| 2010s | 1,174 LCU per US$, period average | 477.12 LCU per US$, period average | 696.51 LCU per US$, period average | Iraq |
| 2020s | 1,351 LCU per US$, period average | 916.39 LCU per US$, period average | 434.74 LCU per US$, period average | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Iraq or Malawi?
- Iraq, at 1,300 LCU per US$, period average against 1,161 LCU per US$, period average in Malawi as of 2024.
- What is the difference in official exchange rate between Iraq and Malawi?
- 139 LCU per US$, period average, with Iraq ahead.
- How many years of comparable data are there for Iraq and Malawi?
- 63 years are reported by both, from 1960 to 2023.
- How do Iraq and Malawi rank globally for official exchange rate?
- Iraq ranks 26th and Malawi ranks 28th of 213 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, 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.