Nigeria vs Rwanda: Official exchange rate

Nigeria
1,518 LCU per US$, period average
in 2025
Rwanda
1,428 LCU per US$, period average
in 2025
Nigeria rank
21st
Rwanda rank
22nd

Official exchange rate over time

  • Nigeria
  • Rwanda
05001.0k1.5k196019922025

How they compare

Nigeria currently reports 1,518 LCU per US$, period average against 1,428 LCU per US$, period average in Rwanda, a difference of 90 LCU per US$, period average.

That makes Nigeria's figure about 1.1 times Rwanda's.

The two have swapped places 1 time across 66 shared years of data; in 1960 it was Rwanda ahead.

Nigeria ranks 21st and Rwanda ranks 22nd of 213 countries.

Rwanda has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Nigeria Rwanda Difference Ahead
1960s 0.7143 LCU per US$, period average 68.75 LCU per US$, period average 68.04 LCU per US$, period average Rwanda
1970s 0.6499 LCU per US$, period average 92.94 LCU per US$, period average 92.29 LCU per US$, period average Rwanda
1980s 2.19 LCU per US$, period average 88.75 LCU per US$, period average 86.56 LCU per US$, period average Rwanda
1990s 25.92 LCU per US$, period average 214.45 LCU per US$, period average 188.53 LCU per US$, period average Rwanda
2000s 124.88 LCU per US$, period average 519.48 LCU per US$, period average 394.6 LCU per US$, period average Rwanda
2010s 214.23 LCU per US$, period average 722.59 LCU per US$, period average 508.37 LCU per US$, period average Rwanda
2020s 804.75 LCU per US$, period average 1,145 LCU per US$, period average 340.07 LCU per US$, period average Rwanda

Averages of every year both report within each decade.

Frequently asked questions

Which has higher official exchange rate, Nigeria or Rwanda?
Nigeria, at 1,518 LCU per US$, period average against 1,428 LCU per US$, period average in Rwanda as of 2025.
What is the difference in official exchange rate between Nigeria and Rwanda?
90 LCU per US$, period average, with Nigeria ahead.
How many years of comparable data are there for Nigeria and Rwanda?
66 years are reported by both, from 1960 to 2025.
How do Nigeria and Rwanda rank globally for official exchange rate?
Nigeria ranks 21st and Rwanda ranks 22nd of 213 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, period average). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Nigeria vs Rwanda: Official exchange rate. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 23 August 2026, from https://financial-sector.statizoid.com/compare/official-exchange-rate-lcu-per-us-period-average/nigeria/rwanda/

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About this data

Indicator
Official exchange rate (LCU per US$, period average)
Unit
LCU per US$, period average
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 12,630 data points, 1960–2025
Last refreshed

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.