Official exchange rate in Malawi

Malawi: Official exchange rate was 1,161 LCU per US$, period average in 2023. β—† Volatile

Latest (2023)
1,161 LCU per US$, period average
Change on year
up 22.3%
World rank
28th
of 206 countries
All-time high
1,161 LCU per US$, period average
in 2023
All-time low
0.8016 LCU per US$, period average
in 1972
Years of data
54
1970–2023

Official exchange rate in Malawi, 1970–2023

02505007501.0k1.2k197019962023

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

Analysis

The most recent figure for official exchange rate in Malawi is 1,161 LCU per US$, period average, measured in 2023. That is the highest value across all 54 years on record.

Compared with earlier readings it is up 22.3% on the previous year and up 218.6% over ten years.

Over the whole period, official exchange rate in Malawi peaked at 1,161 LCU per US$, period average in 2023 and was at its lowest, 0.8016 LCU per US$, period average, in 1972.

That places Malawi 28th out of 206 countries with data for 2023, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.8467 LCU per US$, period average 0.8016 LCU per US$, period average 0.913 LCU per US$, period average 10
1980s 1.65 LCU per US$, period average 0.8121 LCU per US$, period average 2.76 LCU per US$, period average 10
1990s 14.45 LCU per US$, period average 2.73 LCU per US$, period average 44.09 LCU per US$, period average 10
2000s 109.08 LCU per US$, period average 59.54 LCU per US$, period average 141.17 LCU per US$, period average 10
2010s 477.12 LCU per US$, period average 150.49 LCU per US$, period average 745.54 LCU per US$, period average 10
2020s 916.39 LCU per US$, period average 749.53 LCU per US$, period average 1,161 LCU per US$, period average 4

Countries ranked near Malawi

  1. 25 Yemen 1,355 LCU per US$, period average compare
  2. 26 Rwanda 1,318 LCU per US$, period average compare
  3. 27 Iraq 1,300 LCU per US$, period average compare
  4. 29 Chile 943.57 LCU per US$, period average compare
  5. 30 Argentina 914.7 LCU per US$, period average compare
  6. 31 Angola 869.85 LCU per US$, period average compare

See the full ranking of 209 places β†’

More population data for Malawi

All data for Malawi β†’

Frequently asked questions

What is official exchange rate in Malawi?
Official exchange rate in Malawi was 1,161 LCU per US$, period average in 2023, according to UNESCO Institute for Statistics.
What is the highest official exchange rate recorded in Malawi?
The highest recorded value was 1,161 LCU per US$, period average in 2023.
What is the lowest official exchange rate recorded in Malawi?
The lowest recorded value was 0.8016 LCU per US$, period average in 1972.
How does Malawi rank for official exchange rate?
Malawi ranks 28th out of 206 countries with data for 2023.
Is official exchange rate rising or falling in Malawi?
Over the last ten years it is up 218.6%. The long-run trend across the full record is volatile.
Where does this Malawi data come from?
The figures come from UNESCO Institute for Statistics, published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 54 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

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Official exchange rate in Malawi. 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/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