Economy > Currency > Official exchange rate > LCU per US$, period average: Countries Compared
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DEFINITION:
Official exchange rate (LCU per US$, period average). Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
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Interesting observations about Economy > Currency > Official exchange rate > LCU per US$, period average
- Ecuador ranked first for currency > official exchange rate > LCU per US$, period average amongst Hot countries in 2006.
- Iran ranked first for currency > official exchange rate > LCU per US$, period average amongst Muslim countries in 2012.
- Sierra Leone ranked first for currency > official exchange rate > LCU per US$, period average amongst Former British colonies in 2012.
- Indonesia ranked first for currency > official exchange rate > LCU per US$, period average amongst Emerging markets in 2012.
- Vietnam ranked second for currency > official exchange rate > LCU per US$, period average globally in 2012.
- Paraguay ranked second for currency > official exchange rate > LCU per US$, period average amongst Christian countries in 2012.
- Kuwait has ranked last for currency > official exchange rate > LCU per US$, period average since 2003.
- Colombia ranked first for currency > official exchange rate > LCU per US$, period average amongst Religious countries in 2012.
- Sao Tome and Principe ranked first for currency > official exchange rate > LCU per US$, period average amongst Sub-Saharan Africa in 2012.
- Belarus ranked first for currency > official exchange rate > LCU per US$, period average amongst Landlocked countries in 2012.