Official exchange rate in Ethiopia
Ethiopia: Official exchange rate was 82.6 LCU per US$, period average in 2024. ◆ Volatile
Official exchange rate in Ethiopia, 1960–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.
Analysis
In 2024, official exchange rate in Ethiopia stood at 82.6 LCU per US$, period average. That is the highest value across all 65 years on record.
The figure is up 51.3% on the previous year and up 321.7% over ten years.
Over the whole period, official exchange rate in Ethiopia peaked at 82.6 LCU per US$, period average in 2024 and was at its lowest, 2.07 LCU per US$, period average, in 1974.
That places Ethiopia 74th out of 214 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.49 LCU per US$, period average | 2.48 LCU per US$, period average | 2.5 LCU per US$, period average | 10 |
| 1970s | 2.18 LCU per US$, period average | 2.07 LCU per US$, period average | 2.5 LCU per US$, period average | 10 |
| 1980s | 2.07 LCU per US$, period average | 2.07 LCU per US$, period average | 2.07 LCU per US$, period average | 10 |
| 1990s | 5.17 LCU per US$, period average | 2.07 LCU per US$, period average | 7.94 LCU per US$, period average | 10 |
| 2000s | 9.02 LCU per US$, period average | 8.22 LCU per US$, period average | 11.78 LCU per US$, period average | 10 |
| 2010s | 20.99 LCU per US$, period average | 14.41 LCU per US$, period average | 29.07 LCU per US$, period average | 10 |
| 2020s | 53.52 LCU per US$, period average | 34.93 LCU per US$, period average | 82.6 LCU per US$, period average | 5 |
Countries ranked near Ethiopia
- 71 Bhutan 87.16 LCU per US$, period average compare
- 71 India 87.16 LCU per US$, period average compare
- 73 Kyrgyzstan 87.15 LCU per US$, period average compare
- 75 Afghanistan 76.81 LCU per US$, period average compare
- 76 Gambia 71.29 LCU per US$, period average compare
- 77 Mozambique 63.91 LCU per US$, period average compare
More financial sector data for Ethiopia
- Net migration 24,054 (2025)
- Total reserves in months of imports 1.78 (2024)
- Net domestic credit 92.23 billion current LCU (2008)
- Domestic credit to private sector by banks 17.6% (2008)
- Broad money 34.0% (2008)
- Net foreign assets 13.12 billion current LCU (2008)
- Monetary Sector credit to private sector 17.7% (2008)
- Domestic credit to private sector 17.7% (2008)
- Claims on central government, etc. 14.8% (2008)
- Claims on central government 2.5% (2008)
Frequently asked questions
- What is official exchange rate in Ethiopia?
- Official exchange rate in Ethiopia was 82.6 LCU per US$, period average in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest official exchange rate recorded in Ethiopia?
- The highest recorded value was 82.6 LCU per US$, period average in 2024.
- What is the lowest official exchange rate recorded in Ethiopia?
- The lowest recorded value was 2.07 LCU per US$, period average in 1974.
- How does Ethiopia rank for official exchange rate?
- Ethiopia ranks 74th out of 214 countries with data for 2024.
- Is official exchange rate rising or falling in Ethiopia?
- Over the last ten years it is up 321.7%. The long-run trend across the full record is volatile.
- Where does this Ethiopia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.
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About this data
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.