Solomon Islands vs Venezuela, Bolivarian Republic of: Official exchange rate
Official exchange rate over time
- Solomon Islands
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 9.97 LCU per US$, period average against 8.33 LCU per US$, period average in Solomon Islands, a difference of 1.64 LCU per US$, period average.
That makes Venezuela, Bolivarian Republic of's figure about 1.2 times Solomon Islands's.
The two have swapped places 1 time across 58 shared years of data; in 1960 it was Solomon Islands ahead.
Solomon Islands ranks 112th and Venezuela, Bolivarian Republic of ranks 109th of 213 countries.
Solomon Islands has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Solomon Islands | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.8929 LCU per US$, period average | 0.004 LCU per US$, period average | 0.8889 LCU per US$, period average | Solomon Islands |
| 1970s | 0.8238 LCU per US$, period average | 0.0043 LCU per US$, period average | 0.8194 LCU per US$, period average | Solomon Islands |
| 1980s | 1.47 LCU per US$, period average | 0.0103 LCU per US$, period average | 1.46 LCU per US$, period average | Solomon Islands |
| 1990s | 3.5 LCU per US$, period average | 0.2646 LCU per US$, period average | 3.23 LCU per US$, period average | Solomon Islands |
| 2000s | 7.07 LCU per US$, period average | 1.67 LCU per US$, period average | 5.4 LCU per US$, period average | Solomon Islands |
| 2010s | 7.69 LCU per US$, period average | 6.13 LCU per US$, period average | 1.56 LCU per US$, period average | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Solomon Islands or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 9.97 LCU per US$, period average against 8.33 LCU per US$, period average in Solomon Islands as of 2017.
- What is the difference in official exchange rate between Solomon Islands and Venezuela, Bolivarian Republic of?
- 1.64 LCU per US$, period average, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Solomon Islands and Venezuela, Bolivarian Republic of?
- 58 years are reported by both, from 1960 to 2017.
- How do Solomon Islands and Venezuela, Bolivarian Republic of rank globally for official exchange rate?
- Solomon Islands ranks 112th and Venezuela, Bolivarian Republic of 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.