Kuwait - Official exchange rate

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

The value for Official exchange rate (LCU per US$, period average) in Kuwait was 0.302 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 0.357 in 1970 and a minimum value of 0.269 in 2008.

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 0.357
1961 0.357
1962 0.357
1963 0.357
1964 0.357
1965 0.357
1966 0.357
1967 0.357
1968 0.357
1969 0.357
1970 0.357
1971 0.356
1972 0.329
1973 0.297
1974 0.293
1975 0.290
1976 0.292
1977 0.287
1978 0.275
1979 0.276
1980 0.270
1981 0.279
1982 0.288
1983 0.291
1984 0.296
1985 0.301
1986 0.291
1987 0.279
1988 0.279
1989 0.294
1990 0.288
1991 0.284
1992 0.293
1993 0.302
1994 0.297
1995 0.298
1996 0.299
1997 0.303
1998 0.305
1999 0.304
2000 0.307
2001 0.307
2002 0.304
2003 0.298
2004 0.295
2005 0.292
2006 0.290
2007 0.284
2008 0.269
2009 0.288
2010 0.287
2011 0.276
2012 0.280
2013 0.284
2014 0.285
2015 0.301
2016 0.302
2017 0.303
2018 0.302
2019 0.304
2020 0.306
2021 0.302

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices