Micronesia: Dollar exchange rate
(measure: local currency units per dollar; Source: The International Monetary Fund)
* indicates monthly or quarterly data series
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Micronesia: Exchange rate: local currency units per U.S. dollar: For that indicator, The International Monetary Fund provides data for Micronesia from 1960 to 2013. The average value for Micronesia during that period was 1 local currency units per dollar with a minumum of 1 local currency units per dollar in 1960 and a maximum of 1 local currency units per dollar in 1960. See the global rankings for that indicator or use the country comparator to compare trends over time.
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).