Laos vs Somalia: Official exchange rate (LCU per US$, period average) (International)
Official exchange rate (LCU per US$, period average) (International) over time
- Laos
- Somalia
How they compare
Somalia currently reports 23,098 LCU per US$, period average against 20,444 LCU per US$, period average in Laos, a difference of 2,654 LCU per US$, period average.
That makes Somalia's figure about 1.1 times Laos's.
The two have swapped places 1 time across 39 shared years of data; in 1960 it was Laos ahead.
Laos ranks 5th and Somalia ranks 4th of 215 countries.
Across the 5 decades both report, Laos averaged higher in 3 and Somalia in 2.
Head to head by decade
| Decade | Laos | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 176 LCU per US$, period average | 7.14 LCU per US$, period average | 168.86 LCU per US$, period average | Laos |
| 1970s | 424.5 LCU per US$, period average | 6.53 LCU per US$, period average | 417.97 LCU per US$, period average | Laos |
| 1980s | 146.6 LCU per US$, period average | 93.69 LCU per US$, period average | 52.91 LCU per US$, period average | Laos |
| 2000s | 8,511 LCU per US$, period average | 31,559 LCU per US$, period average | 23,048 LCU per US$, period average | Somalia |
| 2010s | 8,083 LCU per US$, period average | 23,960 LCU per US$, period average | 15,877 LCU per US$, period average | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Laos or Somalia?
- Somalia, at 23,098 LCU per US$, period average against 20,444 LCU per US$, period average in Laos as of 2017.
- What is the difference in official exchange rate between Laos and Somalia?
- 2,654 LCU per US$, period average, with Somalia ahead.
- How many years of comparable data are there for Laos and Somalia?
- 39 years are reported by both, from 1960 to 2017.
- How do Laos and Somalia rank globally for official exchange rate?
- Laos ranks 5th and Somalia ranks 4th of 215 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, 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.