Iraq vs Malawi: Official exchange rate

Iraq
1,300 LCU per US$, period average
in 2024
Malawi
1,161 LCU per US$, period average
in 2023
Iraq rank
26th
Malawi rank
28th

Official exchange rate over time

  • Iraq
  • Malawi
05001.0k1.5k2.0k196019922024

How they compare

Iraq currently reports 1,300 LCU per US$, period average against 1,161 LCU per US$, period average in Malawi, a difference of 138.91 LCU per US$, period average.

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

The two have swapped places 1 time across 63 shared years of data; in 1960 it was Malawi ahead.

Globally, Iraq ranks 26th and Malawi ranks 28th of 214 countries.

Individual pages

About this data

Indicator
Official exchange rate (LCU per US$, period average)
Unit
LCU per US$, period average
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 12,630 data points, 1960–2025
Last refreshed

Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. This indicator represents the ratio of Local Currency Units relative to United States dollars.This indicator is derived as an average over the reference period.