EconData

Official exchange rate (LCU per US$, period average)

Exchange rate

Countries

214

Series

214

Providers

1

About This Indicator

Definition

The official exchange rate determined by national authorities or in the legally sanctioned exchange market.

Plain English

The official exchange rate tells you how many units of a country's currency you need to buy one US dollar. Changes in this rate affect the price of imports and exports and can signal shifts in economic competitiveness.

Details

UnitLCU per US$
FrequencyAnnual
Core indicator

Data Providers

World Bank