Iraq vs Malawi: Official exchange rate

Iraq
1,300 LCU per US$, period average
in 2024
Malawi
1,161 LCU per US$, period average
in 2023
Iraq rank
27th
Malawi rank
28th

Official exchange rate over time

  • Iraq
  • Malawi
05001.0k1.5k2.0k197019972024

How they compare

Iraq currently reports 1,300 LCU per US$, period average against 1,161 LCU per US$, period average in Malawi, a difference of 139 LCU per US$, period average.

That makes Iraq's figure about 1.1 times Malawi's.

The two have swapped places 1 time across 53 shared years of data; in 1970 it was Malawi ahead.

Iraq ranks 27th and Malawi ranks 28th of 209 countries.

Iraq has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Iraq Malawi Difference Ahead
1970s 1,645 LCU per US$, period average 0.8467 LCU per US$, period average 1,644 LCU per US$, period average Iraq
1980s 1,974 LCU per US$, period average 1.65 LCU per US$, period average 1,973 LCU per US$, period average Iraq
1990s 2,002 LCU per US$, period average 14.45 LCU per US$, period average 1,988 LCU per US$, period average Iraq
2000s 1,558 LCU per US$, period average 110.38 LCU per US$, period average 1,447 LCU per US$, period average Iraq
2010s 1,174 LCU per US$, period average 477.12 LCU per US$, period average 696.51 LCU per US$, period average Iraq
2020s 1,351 LCU per US$, period average 916.39 LCU per US$, period average 434.74 LCU per US$, period average Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher official exchange rate, Iraq or Malawi?
Iraq, at 1,300 LCU per US$, period average against 1,161 LCU per US$, period average in Malawi as of 2024.
What is the difference in official exchange rate between Iraq and Malawi?
139 LCU per US$, period average, with Iraq ahead.
How many years of comparable data are there for Iraq and Malawi?
53 years are reported by both, from 1970 to 2023.
How do Iraq and Malawi rank globally for official exchange rate?
Iraq ranks 27th and Malawi ranks 28th of 209 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Official exchange rate (LCU per US$, period average). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs Malawi: Official exchange rate. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 19 August 2026, from https://population.statizoid.com/compare/official-exchange-rate-lcu-per-us-period-average-2/iraq/malawi/

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About this data

Indicator
Official exchange rate (LCU per US$, period average)
Unit
LCU per US$, period average
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
209 places, 10,484 data points, 1970–2024
Last refreshed

February 2026 Data Release