Madagascar vs Turkmenistan: Official exchange rate
Official exchange rate over time
- Madagascar
- Turkmenistan
How they compare
Turkmenistan currently reports 5,200 LCU per US$, period average against 4,530 LCU per US$, period average in Madagascar, a difference of 670 LCU per US$, period average.
That makes Turkmenistan's figure about 1.1 times Madagascar's.
The two have swapped places 1 time across 8 shared years of data; in 1994 it was Madagascar ahead.
Madagascar ranks 11th and Turkmenistan ranks 10th of 213 countries.
Turkmenistan has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Madagascar | Turkmenistan | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 940.34 LCU per US$, period average | 2,937 LCU per US$, period average | 1,997 LCU per US$, period average | Turkmenistan |
| 2000s | 1,336 LCU per US$, period average | 5,200 LCU per US$, period average | 3,864 LCU per US$, period average | Turkmenistan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Madagascar or Turkmenistan?
- Turkmenistan, at 5,200 LCU per US$, period average against 4,530 LCU per US$, period average in Madagascar as of 2001.
- What is the difference in official exchange rate between Madagascar and Turkmenistan?
- 670 LCU per US$, period average, with Turkmenistan ahead.
- How many years of comparable data are there for Madagascar and Turkmenistan?
- 8 years are reported by both, from 1994 to 2001.
- How do Madagascar and Turkmenistan rank globally for official exchange rate?
- Madagascar ranks 11th and Turkmenistan ranks 10th 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.