Official exchange rate (LCU per US$, period average) (International) in Ethiopia
Ethiopia: Official exchange rate (LCU per US$, period average) (International) was 82.6 LCU per US$, period average in 2024. ◆ Volatile
Latest (2024)
82.6 LCU per US$, period average
Change on year
up 51.3%
World rank
74th
of 215 countries
All-time high
82.6 LCU per US$, period average
in 2024
All-time low
2.07 LCU per US$, period average
in 1974
Years of data
65
1960–2024
Official exchange rate in Ethiopia, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.
Analysis
In 2024, official exchange rate in Ethiopia stood at 82.6 LCU per US$, period average. That is the highest value across all 65 years on record.
The figure is up 51.3% on the previous year and up 321.7% over ten years.
Over the whole period, official exchange rate in Ethiopia peaked at 82.6 LCU per US$, period average in 2024 and was at its lowest, 2.07 LCU per US$, period average, in 1974.
That places Ethiopia 74th out of 215 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Official exchange rate (LCU per US$, period average) (International) in Ethiopia, year by year
| Year | LCU per US$, period average | Change |
|---|---|---|
| 1960 | 2.48 LCU per US$, period average | — |
| 1961 | 2.48 LCU per US$, period average | +0.0% |
| 1962 | 2.48 LCU per US$, period average | +0.0% |
| 1963 | 2.48 LCU per US$, period average | +0.0% |
| 1964 | 2.5 LCU per US$, period average | +0.6% |
| 1965 | 2.5 LCU per US$, period average | +0.0% |
| 1966 | 2.5 LCU per US$, period average | +0.0% |
| 1967 | 2.5 LCU per US$, period average | +0.0% |
| 1968 | 2.5 LCU per US$, period average | +0.0% |
| 1969 | 2.5 LCU per US$, period average | +0.0% |
| 1970 | 2.5 LCU per US$, period average | +0.0% |
| 1971 | 2.49 LCU per US$, period average | -0.3% |
| 1972 | 2.3 LCU per US$, period average | -7.8% |
| 1973 | 2.1 LCU per US$, period average | -8.7% |
| 1974 | 2.07 LCU per US$, period average | -1.4% |
| 1975 | 2.07 LCU per US$, period average | +0.0% |
| 1976 | 2.07 LCU per US$, period average | +0.0% |
| 1977 | 2.07 LCU per US$, period average | +0.0% |
| 1978 | 2.07 LCU per US$, period average | +0.0% |
| 1979 | 2.07 LCU per US$, period average | +0.0% |
| 1980 | 2.07 LCU per US$, period average | +0.0% |
| 1981 | 2.07 LCU per US$, period average | +0.0% |
| 1982 | 2.07 LCU per US$, period average | +0.0% |
| 1983 | 2.07 LCU per US$, period average | +0.0% |
| 1984 | 2.07 LCU per US$, period average | +0.0% |
| 1985 | 2.07 LCU per US$, period average | +0.0% |
| 1986 | 2.07 LCU per US$, period average | +0.0% |
| 1987 | 2.07 LCU per US$, period average | +0.0% |
| 1988 | 2.07 LCU per US$, period average | +0.0% |
| 1989 | 2.07 LCU per US$, period average | +0.0% |
| 1990 | 2.07 LCU per US$, period average | +0.0% |
| 1991 | 2.07 LCU per US$, period average | +0.0% |
| 1992 | 2.8 LCU per US$, period average | +35.4% |
| 1993 | 5 LCU per US$, period average | +78.4% |
| 1994 | 5.46 LCU per US$, period average | +9.3% |
| 1995 | 6.16 LCU per US$, period average | +12.7% |
| 1996 | 6.35 LCU per US$, period average | +3.1% |
| 1997 | 6.71 LCU per US$, period average | +5.6% |
| 1998 | 7.12 LCU per US$, period average | +6.1% |
| 1999 | 7.94 LCU per US$, period average | +11.6% |
| 2000 | 8.22 LCU per US$, period average | +3.5% |
| 2001 | 8.46 LCU per US$, period average | +2.9% |
| 2002 | 8.57 LCU per US$, period average | +1.3% |
| 2003 | 8.6 LCU per US$, period average | +0.4% |
| 2004 | 8.64 LCU per US$, period average | +0.4% |
| 2005 | 8.67 LCU per US$, period average | +0.4% |
| 2006 | 8.7 LCU per US$, period average | +0.4% |
| 2007 | 8.97 LCU per US$, period average | +3.1% |
| 2008 | 9.6 LCU per US$, period average | +7.1% |
| 2009 | 11.78 LCU per US$, period average | +22.7% |
| 2010 | 14.41 LCU per US$, period average | +22.3% |
| 2011 | 16.9 LCU per US$, period average | +17.3% |
| 2012 | 17.7 LCU per US$, period average | +4.8% |
| 2013 | 18.63 LCU per US$, period average | +5.2% |
| 2014 | 19.59 LCU per US$, period average | +5.1% |
| 2015 | 20.58 LCU per US$, period average | +5.1% |
| 2016 | 21.73 LCU per US$, period average | +5.6% |
| 2017 | 23.87 LCU per US$, period average | +9.8% |
| 2018 | 27.43 LCU per US$, period average | +14.9% |
| 2019 | 29.07 LCU per US$, period average | +6.0% |
| 2020 | 34.93 LCU per US$, period average | +20.1% |
| 2021 | 43.73 LCU per US$, period average | +25.2% |
| 2022 | 51.76 LCU per US$, period average | +18.3% |
| 2023 | 54.6 LCU per US$, period average | +5.5% |
| 2024 | 82.6 LCU per US$, period average | +51.3% |
Ethiopia compared with similar countries
- Ethiopia's 82.6 LCU per US$, period average is below the median for low income countries, which is 581.93 LCU per US$, period average, 14% of the median. (24 countries reporting)
- Ethiopia's 82.6 LCU per US$, period average is below the median for Sub-Saharan Africa, which is 581.93 LCU per US$, period average, 14% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Official exchange rate (LCU per US$, period average) (International) in Ethiopia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +78.4% | 2.8 LCU per US$, period average | 5 LCU per US$, period average |
| 2024 | +51.3% | 54.6 LCU per US$, period average | 82.6 LCU per US$, period average |
| 1992 | +35.4% | 2.07 LCU per US$, period average | 2.8 LCU per US$, period average |
| 2021 | +25.2% | 34.93 LCU per US$, period average | 43.73 LCU per US$, period average |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.49 LCU per US$, period average | 2.48 LCU per US$, period average | 2.5 LCU per US$, period average | 10 |
| 1970s | 2.18 LCU per US$, period average | 2.07 LCU per US$, period average | 2.5 LCU per US$, period average | 10 |
| 1980s | 2.07 LCU per US$, period average | 2.07 LCU per US$, period average | 2.07 LCU per US$, period average | 10 |
| 1990s | 5.17 LCU per US$, period average | 2.07 LCU per US$, period average | 7.94 LCU per US$, period average | 10 |
| 2000s | 9.02 LCU per US$, period average | 8.22 LCU per US$, period average | 11.78 LCU per US$, period average | 10 |
| 2010s | 20.99 LCU per US$, period average | 14.41 LCU per US$, period average | 29.07 LCU per US$, period average | 10 |
| 2020s | 53.52 LCU per US$, period average | 34.93 LCU per US$, period average | 82.6 LCU per US$, period average | 5 |
Countries ranked near Ethiopia
- 72 Albania 86.8 LCU per US$, period average compare
- 73 Russia 83.65 LCU per US$, period average compare
- 75 Afghanistan 76.81 LCU per US$, period average compare
- 76 Gambia 71.29 LCU per US$, period average compare
- 77 Mozambique 63.91 LCU per US$, period average compare
More financial sector data for Ethiopia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0759 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0554 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0759 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is official exchange rate in Ethiopia?
- Official exchange rate in Ethiopia was 82.6 LCU per US$, period average in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest official exchange rate recorded in Ethiopia?
- The highest recorded value was 82.6 LCU per US$, period average in 2024.
- What is the lowest official exchange rate recorded in Ethiopia?
- The lowest recorded value was 2.07 LCU per US$, period average in 1974.
- How does Ethiopia rank for official exchange rate?
- Ethiopia ranks 74th out of 215 countries with data for 2024.
- Is official exchange rate rising or falling in Ethiopia?
- Over the last ten years it is up 321.7%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.