Home/Countries/Somalia, Fed. Rep./Official Exchange Rate (per USD)

Somalia, Fed. Rep.—Official Exchange Rate (per USD)

Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Series years: 2009–2017
Latest Value
23,097.99
2017
YoY Change
+0.2%
2016 → 2017
Maximum
31,558.91
2009
Minimum
19,283.8
2013
CAGR
-3.8%
9 years
Last
23,097.99
Previous
23,061.78
Highest
31,558.91
Lowest
19,283.8
Unit
LCU per US dollars, period average
Source
World Bank World Development Indicators

Somalia, Fed. Rep.'s official exchange rate (per USD) was 23,097.99 in 2017. This represents a +0.2% change from 2016. Over the past 9 years, the highest recorded value was 31,558.91 (2009) and the lowest was 19,283.8 (2013). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
201723,097.99+0.2%
201623,061.78+3.6%
201522,254.24+10.0%
201420,230.93+4.9%
201319,283.8-14.4%
201222,516-24.9%
201129,966.84-4.2%
201031,269.66-0.9%
200931,558.91

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About This Indicator

Definition

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.

Methodology

Data compiled by International Financial Statistics database, International Monetary Fund (IMF).

Unit

LCU per US dollars, period average

Source: World Bank (World Development Indicators)Available series: 2009–2017View original source →