Lesotho
maloti per US dollar - 10.54 (2002), 8.61 (2001), 6.94
(2000), 6.11 (1999), 5.53 (1998)

Liberia
Liberian dollars per US dollar - NA (2002), 48.58 (2001),
40.95 (2000), 41.9 (1999), 41.51 (1998)
note: until December 1997, rates were based on a fixed relationship
with the US dollar; beginning in January 1998, rates are market
determined

Libya
Libyan dinars per US dollar - 1.2 (2003), 0.6 (2002), 0.51
(2001), 0.5 (2000), 0.39 (1999)

Liechtenstein
Swiss francs per US dollar - 1.5586 (2002), 1.6876
(2001), 1.6888 (2000), 1.5022 (1999), 1.4498 (1998)

Lithuania
litai per US dollar - 3.68 (2002), 4 (2001), 4 (2000), 4
(1999), 4 (1998)

Luxembourg
euros per US dollar - 1.06 (2002), 1.12 (2001), 1.09
(2000), 0.94 (1999)

Macau
patacas per US dollar - 8.03 (2002), 8.03 (2001), 8.03 (2000),
7.99 (1999), 7.98 (1998)

Macedonia, The Former Yugoslav Republic of
Macedonian denars per US
dollar - 64.35 (2002), 68.04 (2001), 65.9 (2000), 56.9 (1999), 54.46
(1998)

Madagascar
Malagasy francs per US dollar - 6,831.96 (2002), 6,588.49
(2001), 6,767.48 (2000), 6,283.77 (1999), 5,441.4 (1998)

Malawi
Malawian kwachas per US dollar - 76.69 (2002), 72.2 (2001),
59.54 (2000), 44.09 (1999), 31.07 (1998)