Malawi vs Niger: Official exchange rate
Official exchange rate over time
- Malawi
- Niger
How they compare
Malawi currently reports 1,161 LCU per US$, period average against 581.93 LCU per US$, period average in Niger, a difference of 579.07 LCU per US$, period average.
That makes Malawi's figure about 2.0 times Niger's.
The two have swapped places 1 time across 64 shared years of data; in 1960 it was Niger ahead.
Malawi ranks 28th and Niger ranks 31st of 214 countries.
Across the 7 decades both report, Malawi averaged higher in 1 and Niger in 6.
Head to head by decade
| Decade | Malawi | Niger | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.7391 LCU per US$, period average | 246.98 LCU per US$, period average | 246.24 LCU per US$, period average | Niger |
| 1970s | 0.8467 LCU per US$, period average | 240.47 LCU per US$, period average | 239.62 LCU per US$, period average | Niger |
| 1980s | 1.65 LCU per US$, period average | 334.26 LCU per US$, period average | 332.61 LCU per US$, period average | Niger |
| 1990s | 14.45 LCU per US$, period average | 445.72 LCU per US$, period average | 431.28 LCU per US$, period average | Niger |
| 2000s | 109.08 LCU per US$, period average | 568.82 LCU per US$, period average | 459.73 LCU per US$, period average | Niger |
| 2010s | 477.12 LCU per US$, period average | 537.01 LCU per US$, period average | 59.89 LCU per US$, period average | Niger |
| 2020s | 916.39 LCU per US$, period average | 590.11 LCU per US$, period average | 326.28 LCU per US$, period average | Malawi |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Malawi or Niger?
- Malawi, at 1,161 LCU per US$, period average against 581.93 LCU per US$, period average in Niger as of 2023.
- What is the difference in official exchange rate between Malawi and Niger?
- 579.07 LCU per US$, period average, with Malawi ahead.
- How many years of comparable data are there for Malawi and Niger?
- 64 years are reported by both, from 1960 to 2023.
- How do Malawi and Niger rank globally for official exchange rate?
- Malawi ranks 28th and Niger ranks 31st of 214 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, 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.