Malawi vs Rwanda: Official exchange rate

Malawi
1,161 LCU per US$, period average
in 2023
Rwanda
1,318 LCU per US$, period average
in 2024
Malawi rank
28th
Rwanda rank
26th

Official exchange rate over time

  • Malawi
  • Rwanda
05001.0k1.5k197019972024

How they compare

Rwanda currently reports 1,318 LCU per US$, period average against 1,161 LCU per US$, period average in Malawi, a difference of 157 LCU per US$, period average.

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

The two have swapped places 1 time across 54 shared years of data; in 1970 it was Rwanda ahead.

Malawi ranks 28th and Rwanda ranks 26th of 206 countries.

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

Head to head by decade

Decade Malawi Rwanda Difference Ahead
1970s 0.8467 LCU per US$, period average 92.94 LCU per US$, period average 92.1 LCU per US$, period average Rwanda
1980s 1.65 LCU per US$, period average 88.75 LCU per US$, period average 87.1 LCU per US$, period average Rwanda
1990s 14.45 LCU per US$, period average 214.45 LCU per US$, period average 200.01 LCU per US$, period average Rwanda
2000s 109.08 LCU per US$, period average 519.48 LCU per US$, period average 410.39 LCU per US$, period average Rwanda
2010s 477.12 LCU per US$, period average 722.59 LCU per US$, period average 245.47 LCU per US$, period average Rwanda
2020s 916.39 LCU per US$, period average 1,031 LCU per US$, period average 114.19 LCU per US$, period average Rwanda

Averages of every year both report within each decade.

Frequently asked questions

Which has higher official exchange rate, Malawi or Rwanda?
Rwanda, at 1,318 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 Malawi and Rwanda?
157 LCU per US$, period average, with Rwanda ahead.
How many years of comparable data are there for Malawi and Rwanda?
54 years are reported by both, from 1970 to 2023.
How do Malawi and Rwanda rank globally for official exchange rate?
Malawi ranks 28th and Rwanda ranks 26th of 206 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Official exchange rate (LCU per US$, period average). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Malawi vs Rwanda: Official exchange rate. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 17 August 2026, from https://population.statizoid.com/compare/official-exchange-rate-lcu-per-us-period-average-2/malawi/rwanda/

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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