Marshall Islands's official exchange rate (LCU per US$, period average) was US$1 in 2025, the latest year in the World Bank's World Development Indicators. That is unchanged at from US$1 in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1 | 2025 |
| Five years earlier | US$1 | 2020 |
| Ten years earlier | US$1 | 2015 |
| Highest | US$1 | 1960 |
| Lowest | US$1 | 1960 |
| Average since 2016 | US$1 | 2016–2025 |
| First recorded | US$1 | 1960 |
What the numbers say
From 2016 to 2025 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Marshall Islands had the 142nd highest value of the 193 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Marshall Islands in the 2025 ranking
- Ecuador — 145th of 193: US$1
- El Salvador — 146th of 193: US$1
- Guam — 147th of 193: US$1
- Micronesia, Fed. Sts. — 149th of 193: US$1
- Northern Mariana Islands — 150th of 193: US$1
- Palau — 151st of 193: US$1
What this measures
Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. This indicator represents the ratio of Local Currency Units relative to United States dollars.This indicator is derived as an average over the reference period.
Limitations: Official or market exchange rates are often used to convert economic statistics in local currencies to a common currency in order to make comparisons across countries. Since market rates reflect at best the relative prices of tradable goods, the volume of goods and services that a U.S. dollar buys in the United States may not correspond to what a U.S. dollar converted to another country's currency at the official exchange rate would buy in that country, particularly when nontradable goods and services account for a significant share of a country's output.
All 66 values
| Year | Official exchange rate (LCU per US$, period average) |
|---|---|
| 2025 | 1 |
| 2024 | 1 |
| 2023 | 1 |
| 2022 | 1 |
| 2021 | 1 |
| 2020 | 1 |
| 2019 | 1 |
| 2018 | 1 |
| 2017 | 1 |
| 2016 | 1 |
| 2015 |
Official exchange rate (LCU per US$, period average) in nearby economies
- American Samoa — US$1 (2025)
- Australia — US$1.55 (2025)
- Brunei Darussalam — US$1.31 (2025)
- Cambodia — US$4,013 (2025)
- China — US$7.19 (2025)
- Fiji — US$2.3 (2025)
- French Polynesia — US$105.86 (2025)
- Guam — US$1 (2025)
- Hong Kong SAR, China — US$7.8 (2025)
- Indonesia
More financial sector data for Marshall Islands
- GDP deflator (base year varies by country) — 137.5 (2025)
- DEC alternative conversion factor (LCU per US$) — US$1 (2025)
- Inflation, GDP deflator (annual % growth) — 5.66% (2025)
- Inflation, GDP deflator, linked series (annual % growth) — 5.66% (2025)
- GDP deflator, linked series (base year varies by country) — 137.5 (2025)
- Commercial bank branches (per 100,000 adults) — 32.52 (2024)
- Automated teller machines (ATMs) (per 100,000 adults) — 12.19 (2024)
Every indicator for Marshall Islands is on the Marshall Islands data page.
Reading data like this
Questions people ask
- What is Marshall Islands's official exchange rate (LCU per US$, period average)?
- US$1 in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is unchanged at from US$1 in 1960. The highest value was US$1 in 1960 and the lowest US$1 in 1960.
- How does Marshall Islands rank?
- 142nd highest of 193 economies with data for 2025.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF).
Source
World Bank, World Development Indicators, indicator PA.NUS.FCRF, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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