Official exchange rate (LCU per US$, period average) (UNESCO) in Madagascar
Madagascar: Official exchange rate (LCU per US$, period average) (UNESCO) was 4,525 LCU per US$, period average in 2024. ◆ Volatile
Latest (2024)
4,525 LCU per US$, period average
Change on year
up 2.2%
World rank
11th
of 209 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
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 209 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Official exchange rate (LCU per US$, period average) (UNESCO) in Madagascar, year by year
| Year | LCU per US$, period average | Change |
|---|---|---|
| 1970 | 55.54 LCU per US$, period average | — |
| 1971 | 55.43 LCU per US$, period average | -0.2% |
| 1972 | 50.41 LCU per US$, period average | -9.1% |
| 1973 | 44.58 LCU per US$, period average | -11.6% |
| 1974 | 48.14 LCU per US$, period average | +8.0% |
| 1975 | 42.86 LCU per US$, period average | -11.0% |
| 1976 | 47.79 LCU per US$, period average | +11.5% |
| 1977 | 49.14 LCU per US$, period average | +2.8% |
| 1978 | 45.13 LCU per US$, period average | -8.2% |
| 1979 | 42.54 LCU per US$, period average | -5.7% |
| 1980 | 42.26 LCU per US$, period average | -0.7% |
| 1981 | 54.35 LCU per US$, period average | +28.6% |
| 1982 | 69.95 LCU per US$, period average | +28.7% |
| 1983 | 86.09 LCU per US$, period average | +23.1% |
| 1984 | 115.33 LCU per US$, period average | +34.0% |
| 1985 | 132.5 LCU per US$, period average | +14.9% |
| 1986 | 135.27 LCU per US$, period average | +2.1% |
| 1987 | 213.84 LCU per US$, period average | +58.1% |
| 1988 | 281.42 LCU per US$, period average | +31.6% |
| 1989 | 320.69 LCU per US$, period average | +14.0% |
| 1990 | 298.83 LCU per US$, period average | -6.8% |
| 1991 | 367.07 LCU per US$, period average | +22.8% |
| 1992 | 372.79 LCU per US$, period average | +1.6% |
| 1993 | 382.76 LCU per US$, period average | +2.7% |
| 1994 | 613.47 LCU per US$, period average | +60.3% |
| 1995 | 853.13 LCU per US$, period average | +39.1% |
| 1996 | 812.25 LCU per US$, period average | -4.8% |
| 1997 | 1,018 LCU per US$, period average | +25.4% |
| 1998 | 1,088 LCU per US$, period average | +6.9% |
| 1999 | 1,257 LCU per US$, period average | +15.5% |
| 2000 | 1,354 LCU per US$, period average | +7.7% |
| 2001 | 1,318 LCU per US$, period average | -2.6% |
| 2002 | 1,366 LCU per US$, period average | +3.7% |
| 2003 | 1,238 LCU per US$, period average | -9.4% |
| 2004 | 1,869 LCU per US$, period average | +50.9% |
| 2005 | 2,003 LCU per US$, period average | +7.2% |
| 2006 | 2,142 LCU per US$, period average | +7.0% |
| 2007 | 1,874 LCU per US$, period average | -12.5% |
| 2008 | 1,708 LCU per US$, period average | -8.8% |
| 2009 | 1,956 LCU per US$, period average | +14.5% |
| 2010 | 2,090 LCU per US$, period average | +6.8% |
| 2011 | 2,025 LCU per US$, period average | -3.1% |
| 2012 | 2,195 LCU per US$, period average | +8.4% |
| 2013 | 2,207 LCU per US$, period average | +0.5% |
| 2014 | 2,415 LCU per US$, period average | +9.4% |
| 2015 | 2,934 LCU per US$, period average | +21.5% |
| 2016 | 3,177 LCU per US$, period average | +8.3% |
| 2017 | 3,116 LCU per US$, period average | -1.9% |
| 2018 | 3,335 LCU per US$, period average | +7.0% |
| 2019 | 3,618 LCU per US$, period average | +8.5% |
| 2020 | 3,788 LCU per US$, period average | +4.7% |
| 2021 | 3,830 LCU per US$, period average | +1.1% |
| 2022 | 4,096 LCU per US$, period average | +6.9% |
| 2023 | 4,430 LCU per US$, period average | +8.1% |
| 2024 | 4,525 LCU per US$, period average | +2.2% |
Madagascar compared with similar countries
- Madagascar's 4,525 LCU per US$, period average is above the median for low income countries, which is 606.35 LCU per US$, period average, 7.5× the median. (24 countries reporting)
- Madagascar's 4,525 LCU per US$, period average is above the median for Sub-Saharan Africa, which is 606.35 LCU per US$, period average, 7.5× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 48.16 LCU per US$, 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$, period average | 5 |
Countries ranked near Madagascar
- 8 Guinea 9,565 LCU per US$, period average compare
- 9 Paraguay 7,560 LCU per US$, period average compare
- 10 Turkmenistan 5,200 LCU per US$, period average compare
- 12 Colombia 4,074 LCU per US$, period average compare
- 13 Cambodia 4,072 LCU per US$, period average compare
- 14 Uganda 3,757 LCU per US$, period average compare
More population data for Madagascar
- Population regions with projections, annual growth rate 0.445 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.153 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.445 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.463 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.2896 % change on previous year (2100)
- Population growth rate 0.436 (2100)
- Population density 146.69 (2100)
- Projected population under age 5 6.06 million (2100)
- Population growth rate by level of development 0.436 (2100)
- Urbanization vs gdp, annual growth rate 1.44 % change on previous year (2025)
Frequently asked questions
- What is official exchange rate in Madagascar?
- Official exchange rate in Madagascar was 4,525 LCU per US$, 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 209 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.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release