Nigeria vs Syrian Arab Republic: Official exchange rate
Official exchange rate over time
- Nigeria
- Syrian Arab Republic
How they compare
Syrian Arab Republic currently reports 2,506 LCU per US$, period average against 1,518 LCU per US$, period average in Nigeria, a difference of 988 LCU per US$, period average.
That makes Syrian Arab Republic's figure about 1.7 times Nigeria's.
The two have swapped places 4 times across 63 shared years of data; in 1960 it was Syrian Arab Republic ahead.
Nigeria ranks 21st and Syrian Arab Republic ranks 19th of 215 countries.
Across the 7 decades both report, Nigeria averaged higher in 2 and Syrian Arab Republic in 5.
Head to head by decade
| Decade | Nigeria | Syrian Arab Republic | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.7143 LCU per US$, period average | 3.76 LCU per US$, period average | 3.04 LCU per US$, period average | Syrian Arab Republic |
| 1970s | 0.6499 LCU per US$, period average | 3.83 LCU per US$, period average | 3.18 LCU per US$, period average | Syrian Arab Republic |
| 1980s | 2.19 LCU per US$, period average | 5.38 LCU per US$, period average | 3.2 LCU per US$, period average | Syrian Arab Republic |
| 1990s | 25.92 LCU per US$, period average | 11.22 LCU per US$, period average | 14.69 LCU per US$, period average | Nigeria |
| 2000s | 124.88 LCU per US$, period average | 11.22 LCU per US$, period average | 113.65 LCU per US$, period average | Nigeria |
| 2010s | 214.23 LCU per US$, period average | 244.99 LCU per US$, period average | 30.77 LCU per US$, period average | Syrian Arab Republic |
| 2020s | 395.31 LCU per US$, period average | 1,547 LCU per US$, period average | 1,151 LCU per US$, period average | Syrian Arab Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Nigeria or Syrian Arab Republic?
- Syrian Arab Republic, at 2,506 LCU per US$, period average against 1,518 LCU per US$, period average in Nigeria as of 2022.
- What is the difference in official exchange rate between Nigeria and Syrian Arab Republic?
- 988 LCU per US$, period average, with Syrian Arab Republic ahead.
- How many years of comparable data are there for Nigeria and Syrian Arab Republic?
- 63 years are reported by both, from 1960 to 2022.
- How do Nigeria and Syrian Arab Republic rank globally for official exchange rate?
- Nigeria ranks 21st and Syrian Arab Republic ranks 19th of 215 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, 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.