Official exchange rate in Maldives
Maldives: Official exchange rate was 15.42 LCU per US$, period average in 2025. ▲ Rising
Latest (2025)
15.42 LCU per US$, period average
Change on year
up 0.2%
World rank
102nd
of 215 countries
All-time high
15.42 LCU per US$, period average
in 2025
All-time low
3.93 LCU per US$, period average
in 1974
Years of data
66
1960–2025
Official exchange rate in Maldives, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.
Analysis
The most recent figure for official exchange rate in Maldives is 15.42 LCU per US$, period average, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 0.2% on the previous year and up 0.3% over ten years.
Over the whole period, official exchange rate in Maldives peaked at 15.42 LCU per US$, period average in 2025 and was at its lowest, 3.93 LCU per US$, period average, in 1974.
Maldives ranks 102nd of 215 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Official exchange rate in Maldives, year by year
| Year | LCU per US$, period average | Change |
|---|---|---|
| 1960 | 4.76 LCU per US$, period average | — |
| 1961 | 4.76 LCU per US$, period average | +0.0% |
| 1962 | 4.76 LCU per US$, period average | +0.0% |
| 1963 | 4.76 LCU per US$, period average | +0.0% |
| 1964 | 4.76 LCU per US$, period average | +0.0% |
| 1965 | 4.76 LCU per US$, period average | +0.0% |
| 1966 | 4.76 LCU per US$, period average | +0.0% |
| 1967 | 4.76 LCU per US$, period average | -0.0% |
| 1968 | 4.75 LCU per US$, period average | -0.2% |
| 1969 | 4.75 LCU per US$, period average | +0.0% |
| 1970 | 4.75 LCU per US$, period average | +0.0% |
| 1971 | 4.73 LCU per US$, period average | -0.3% |
| 1972 | 4.38 LCU per US$, period average | -7.6% |
| 1973 | 3.99 LCU per US$, period average | -8.9% |
| 1974 | 3.93 LCU per US$, period average | -1.4% |
| 1975 | 5.76 LCU per US$, period average | +46.7% |
| 1976 | 8.36 LCU per US$, period average | +45.1% |
| 1977 | 8.77 LCU per US$, period average | +4.8% |
| 1978 | 8.97 LCU per US$, period average | +2.3% |
| 1979 | 7.49 LCU per US$, period average | -16.5% |
| 1980 | 7.55 LCU per US$, period average | +0.8% |
| 1981 | 7.55 LCU per US$, period average | +0.0% |
| 1982 | 7.17 LCU per US$, period average | -5.0% |
| 1983 | 7.05 LCU per US$, period average | -1.7% |
| 1984 | 7.05 LCU per US$, period average | +0.0% |
| 1985 | 7.1 LCU per US$, period average | +0.7% |
| 1986 | 7.15 LCU per US$, period average | +0.7% |
| 1987 | 9.22 LCU per US$, period average | +29.0% |
| 1988 | 8.78 LCU per US$, period average | -4.8% |
| 1989 | 9.04 LCU per US$, period average | +2.9% |
| 1990 | 9.55 LCU per US$, period average | +5.7% |
| 1991 | 10.25 LCU per US$, period average | +7.3% |
| 1992 | 10.57 LCU per US$, period average | +3.1% |
| 1993 | 10.96 LCU per US$, period average | +3.7% |
| 1994 | 11.59 LCU per US$, period average | +5.7% |
| 1995 | 11.77 LCU per US$, period average | +1.6% |
| 1996 | 11.77 LCU per US$, period average | +0.0% |
| 1997 | 11.77 LCU per US$, period average | +0.0% |
| 1998 | 11.77 LCU per US$, period average | +0.0% |
| 1999 | 11.77 LCU per US$, period average | +0.0% |
| 2000 | 11.77 LCU per US$, period average | +0.0% |
| 2001 | 12.24 LCU per US$, period average | +4.0% |
| 2002 | 12.8 LCU per US$, period average | +4.6% |
| 2003 | 12.8 LCU per US$, period average | +0.0% |
| 2004 | 12.8 LCU per US$, period average | +0.0% |
| 2005 | 12.8 LCU per US$, period average | +0.0% |
| 2006 | 12.8 LCU per US$, period average | +0.0% |
| 2007 | 12.8 LCU per US$, period average | +0.0% |
| 2008 | 12.8 LCU per US$, period average | +0.0% |
| 2009 | 12.8 LCU per US$, period average | +0.0% |
| 2010 | 12.8 LCU per US$, period average | +0.0% |
| 2011 | 14.6 LCU per US$, period average | +14.1% |
| 2012 | 15.36 LCU per US$, period average | +5.2% |
| 2013 | 15.37 LCU per US$, period average | +0.0% |
| 2014 | 15.38 LCU per US$, period average | +0.1% |
| 2015 | 15.37 LCU per US$, period average | -0.1% |
| 2016 | 15.37 LCU per US$, period average | +0.0% |
| 2017 | 15.39 LCU per US$, period average | +0.1% |
| 2018 | 15.39 LCU per US$, period average | +0.0% |
| 2019 | 15.38 LCU per US$, period average | -0.1% |
| 2020 | 15.38 LCU per US$, period average | -0.0% |
| 2021 | 15.37 LCU per US$, period average | -0.1% |
| 2022 | 15.39 LCU per US$, period average | +0.1% |
| 2023 | 15.39 LCU per US$, period average | +0.0% |
| 2024 | 15.39 LCU per US$, period average | +0.0% |
| 2025 | 15.42 LCU per US$, period average | +0.2% |
Maldives compared with similar countries
- Maldives's 15.42 LCU per US$, period average is below the median for upper middle income countries, which is 17.38 LCU per US$, period average, 89% of the median. (59 countries reporting)
- Maldives's 15.42 LCU per US$, period average is below the median for South Asia, which is 104.54 LCU per US$, period average, 15% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Official exchange rate in Maldives changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +46.7% | 3.93 LCU per US$, period average | 5.76 LCU per US$, period average |
| 1976 | +45.1% | 5.76 LCU per US$, period average | 8.36 LCU per US$, period average |
| 1987 | +29.0% | 7.15 LCU per US$, period average | 9.22 LCU per US$, period average |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.76 LCU per US$, period average | 4.75 LCU per US$, period average | 4.76 LCU per US$, period average | 10 |
| 1970s | 6.11 LCU per US$, period average | 3.93 LCU per US$, period average | 8.97 LCU per US$, period average | 10 |
| 1980s | 7.77 LCU per US$, period average | 7.05 LCU per US$, period average | 9.22 LCU per US$, period average | 10 |
| 1990s | 11.18 LCU per US$, period average | 9.55 LCU per US$, period average | 11.77 LCU per US$, period average | 10 |
| 2000s | 12.64 LCU per US$, period average | 11.77 LCU per US$, period average | 12.8 LCU per US$, period average | 10 |
| 2010s | 15.04 LCU per US$, period average | 12.8 LCU per US$, period average | 15.39 LCU per US$, period average | 10 |
| 2020s | 15.39 LCU per US$, period average | 15.37 LCU per US$, period average | 15.42 LCU per US$, period average | 6 |
Countries ranked near Maldives
More financial sector data for Maldives
- 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 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 12.42 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 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.07 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 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 12.42 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 Maldives?
- Official exchange rate in Maldives was 15.42 LCU per US$, period average in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest official exchange rate recorded in Maldives?
- The highest recorded value was 15.42 LCU per US$, period average in 2025.
- What is the lowest official exchange rate recorded in Maldives?
- The lowest recorded value was 3.93 LCU per US$, period average in 1974.
- How does Maldives rank for official exchange rate?
- Maldives ranks 102nd out of 215 countries with data for 2025.
- Is official exchange rate rising or falling in Maldives?
- Over the last ten years it is up 0.3%. The long-run trend across the full record is rising.
- Where does this Maldives data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 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.