Official exchange rate in Madagascar
Madagascar: Official exchange rate was 4,530 LCU per US$, period average in 2025. ◆ Volatile
Official exchange rate in Madagascar, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.
Analysis
The most recent figure for official exchange rate in Madagascar is 4,530 LCU per US$, period average, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 0.1% on the previous year and up 54.4% over ten years.
Over the whole period, official exchange rate in Madagascar peaked at 4,530 LCU per US$, period average in 2025 and was at its lowest, 42.26 LCU per US$, period average, in 1980.
Madagascar ranks 11th of 214 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 49.63 LCU per US$, period average | 49.37 LCU per US$, period average | 51.94 LCU per US$, period average | 10 |
| 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$, period average | 10 |
| 2020s | 4,200 LCU per US$, period average | 3,788 LCU per US$, period average | 4,530 LCU per US$, period average | 6 |
Countries ranked near Madagascar
- 8 Guinea 9,565 LCU per US$, period average compare
- 9 Paraguay 7,545 LCU per US$, period average compare
- 10 Turkmenistan 5,200 LCU per US$, period average compare
- 12 Colombia 4,053 LCU per US$, period average compare
- 13 Cambodia 4,013 LCU per US$, period average compare
- 14 Uganda 3,603 LCU per US$, period average compare
More financial sector data for Madagascar
- Net migration -2,227 (2025)
- Total reserves in months of imports 5.5 (2024)
- Net domestic credit 17.77 trillion current LCU (2024)
- Domestic credit to private sector by banks 16.3% (2024)
- Broad money 27.3% (2024)
- Net foreign assets 10.30 trillion current LCU (2024)
- Monetary Sector credit to private sector 16.5% (2024)
- Domestic credit to private sector 16.5% (2024)
- Claims on central government, etc. 5.7% (2024)
- Claims on central government 6.1% (2024)
Frequently asked questions
- What is official exchange rate in Madagascar?
- Official exchange rate in Madagascar was 4,530 LCU per US$, period average in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest official exchange rate recorded in Madagascar?
- The highest recorded value was 4,530 LCU per US$, period average in 2025.
- What is the lowest official exchange rate recorded in Madagascar?
- The lowest recorded value was 42.26 LCU per US$, period average in 1980.
- How does Madagascar rank for official exchange rate?
- Madagascar ranks 11th out of 214 countries with data for 2025.
- Is official exchange rate rising or falling in Madagascar?
- Over the last ten years it is up 54.4%. The long-run trend across the full record is volatile.
- Where does this Madagascar data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, 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.