Cuba - Official exchange rate
Official exchange rate (LCU per US$, period average)
The value for Official exchange rate (LCU per US$, period average) in Cuba was 0.822 as of 1974. As the graph below shows, over the past 14 years this indicator reached a maximum value of 1.000 in 1971 and a minimum value of 0.822 in 1974.
Definition: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
Source: International Monetary Fund, International Financial Statistics.
See also:
| Year | Value |
|---|---|
| 1960 | 1.000 |
| 1961 | 1.000 |
| 1962 | 1.000 |
| 1963 | 1.000 |
| 1964 | 1.000 |
| 1965 | 1.000 |
| 1966 | 1.000 |
| 1967 | 1.000 |
| 1968 | 1.000 |
| 1969 | 1.000 |
| 1970 | 1.000 |
| 1971 | 1.000 |
| 1972 | 0.921 |
| 1973 | 0.837 |
| 1974 | 0.822 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices
