Official exchange rate in Madagascar

Madagascar: Official exchange rate was 4,525 LCU per US$, period average in 2024. β—† Volatile

Latest (2024)
4,525 LCU per US$, period average
Change on year
up 2.2%
World rank
11th
of 206 countries
All-time high
4,525 LCU per US$, period average
in 2024
All-time low
42.26 LCU per US$, period average
in 1980
Years of data
55
1970–2024

Official exchange rate in Madagascar, 1970–2024

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Source: UNESCO Institute for Statistics. Measured in LCU per US$, period average.

Analysis

The most recent figure for official exchange rate in Madagascar is 4,525 LCU per US$, period average, measured in 2024. That is the highest value across all 55 years on record.

The figure is up 2.2% on the previous year and up 87.4% over ten years.

Over the whole period, official exchange rate in Madagascar peaked at 4,525 LCU per US$, period average in 2024 and was at its lowest, 42.26 LCU per US$, period average, in 1980.

Madagascar ranks 11th of 206 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 48.16 LCU per US$, period average 42.54 LCU per US$, period average 55.54 LCU per US$, period average 10
1980s 145.17 LCU per US$, period average 42.26 LCU per US$, period average 320.69 LCU per US$, period average 10
1990s 706.35 LCU per US$, period average 298.83 LCU per US$, period average 1,257 LCU per US$, period average 10
2000s 1,683 LCU per US$, period average 1,238 LCU per US$, period average 2,142 LCU per US$, period average 10
2010s 2,711 LCU per US$, period average 2,025 LCU per US$, period average 3,618 LCU per US$, period average 10
2020s 4,134 LCU per US$, period average 3,788 LCU per US$, period average 4,525 LCU per US$, period average 5

Countries ranked near Madagascar

  1. 8 Guinea 9,565 LCU per US$, period average compare
  2. 9 Paraguay 7,560 LCU per US$, period average compare
  3. 10 Turkmenistan 5,200 LCU per US$, period average compare
  4. 12 Colombia 4,074 LCU per US$, period average compare
  5. 13 Cambodia 4,072 LCU per US$, period average compare
  6. 14 Uganda 3,757 LCU per US$, period average compare

See the full ranking of 209 places β†’

More population data for Madagascar

All data for Madagascar β†’

Frequently asked questions

What is official exchange rate in Madagascar?
Official exchange rate in Madagascar was 4,525 LCU per US$, period average in 2024, according to UNESCO Institute for Statistics.
What is the highest official exchange rate recorded in Madagascar?
The highest recorded value was 4,525 LCU per US$, period average in 2024.
What is the lowest official exchange rate recorded in Madagascar?
The lowest recorded value was 42.26 LCU per US$, period average in 1980.
How does Madagascar rank for official exchange rate?
Madagascar ranks 11th out of 206 countries with data for 2024.
Is official exchange rate rising or falling in Madagascar?
Over the last ten years it is up 87.4%. The long-run trend across the full record is volatile.
Where does this Madagascar data come from?
The figures come from UNESCO Institute for Statistics, published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

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Official exchange rate in Madagascar. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/official-exchange-rate-lcu-per-us-period-average-2/madagascar/

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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