Morocco vs Venezuela: Official exchange rate
Official exchange rate over time
- Morocco
- Venezuela
How they compare
Venezuela currently reports 9.97 LCU per US$, period average against 9.35 LCU per US$, period average in Morocco, a difference of 0.62 LCU per US$, period average.
That makes Venezuela's figure about 1.1 times Morocco's.
The two have swapped places 1 time across 58 shared years of data; in 1960 it was Morocco ahead.
Morocco ranks 111th and Venezuela ranks 109th of 213 countries.
Morocco has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Morocco | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 5.06 LCU per US$, period average | 0.004 LCU per US$, period average | 5.06 LCU per US$, period average | Morocco |
| 1970s | 4.42 LCU per US$, period average | 0.0043 LCU per US$, period average | 4.42 LCU per US$, period average | Morocco |
| 1980s | 7.53 LCU per US$, period average | 0.0103 LCU per US$, period average | 7.52 LCU per US$, period average | Morocco |
| 1990s | 9.02 LCU per US$, period average | 0.2646 LCU per US$, period average | 8.75 LCU per US$, period average | Morocco |
| 2000s | 9.31 LCU per US$, period average | 1.67 LCU per US$, period average | 7.63 LCU per US$, period average | Morocco |
| 2010s | 8.9 LCU per US$, period average | 6.13 LCU per US$, period average | 2.78 LCU per US$, period average | Morocco |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Morocco or Venezuela?
- Venezuela, at 9.97 LCU per US$, period average against 9.35 LCU per US$, period average in Morocco as of 2017.
- What is the difference in official exchange rate between Morocco and Venezuela?
- 0.62 LCU per US$, period average, with Venezuela ahead.
- How many years of comparable data are there for Morocco and Venezuela?
- 58 years are reported by both, from 1960 to 2017.
- How do Morocco and Venezuela rank globally for official exchange rate?
- Morocco ranks 111th and Venezuela ranks 109th 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.