Myanmar vs Nigeria: Official exchange rate
Official exchange rate over time
- Myanmar
- Nigeria
How they compare
Nigeria currently reports 1,518 LCU per US$, period average against 1,382 LCU per US$, period average in Myanmar, a difference of 136 LCU per US$, period average.
That makes Nigeria's figure about 1.1 times Myanmar's.
The two have swapped places 2 times across 61 shared years of data; in 1960 it was Myanmar ahead.
Myanmar ranks 24th and Nigeria ranks 21st of 213 countries.
Across the 7 decades both report, Myanmar averaged higher in 5 and Nigeria in 2.
Head to head by decade
| Decade | Myanmar | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 4.76 LCU per US$, period average | 0.7143 LCU per US$, period average | 4.05 LCU per US$, period average | Myanmar |
| 1970s | 5.83 LCU per US$, period average | 0.6499 LCU per US$, period average | 5.18 LCU per US$, period average | Myanmar |
| 1980s | 7.33 LCU per US$, period average | 2.19 LCU per US$, period average | 5.14 LCU per US$, period average | Myanmar |
| 1990s | 6.13 LCU per US$, period average | 25.92 LCU per US$, period average | 19.79 LCU per US$, period average | Nigeria |
| 2000s | 6.01 LCU per US$, period average | 124.88 LCU per US$, period average | 118.86 LCU per US$, period average | Nigeria |
| 2010s | 927.56 LCU per US$, period average | 214.23 LCU per US$, period average | 713.33 LCU per US$, period average | Myanmar |
| 2020s | 1,382 LCU per US$, period average | 358.81 LCU per US$, period average | 1,023 LCU per US$, period average | Myanmar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Myanmar or Nigeria?
- Nigeria, at 1,518 LCU per US$, period average against 1,382 LCU per US$, period average in Myanmar as of 2025.
- What is the difference in official exchange rate between Myanmar and Nigeria?
- 136 LCU per US$, period average, with Nigeria ahead.
- How many years of comparable data are there for Myanmar and Nigeria?
- 61 years are reported by both, from 1960 to 2020.
- How do Myanmar and Nigeria rank globally for official exchange rate?
- Myanmar ranks 24th and Nigeria ranks 21st of 213 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, 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.