Marshall Islands - Official exchange rate

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

The value for Official exchange rate (LCU per US$, period average) in Marshall Islands was 1.000 as of 2021. As the graph below shows, over the past 21 years this indicator reached a maximum value of 1.000 in 2021 and a minimum value of 1.000 in 2000.

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
2000 1.000
2001 1.000
2002 1.000
2003 1.000
2004 1.000
2005 1.000
2006 1.000
2007 1.000
2008 1.000
2009 1.000
2010 1.000
2011 1.000
2012 1.000
2013 1.000
2014 1.000
2015 1.000
2016 1.000
2017 1.000
2018 1.000
2019 1.000
2020 1.000
2021 1.000

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices