FX Transparency Tracker

Measuring the purchasing power gap between UN operational exchange rates and market rates across 32 crisis-affected countries.

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Humanitarian funding from the largest donor fell 88% from its 2022 peak. Across the countries we track, an average of $61,805 per million dollars converted is lost to the gap between UN operational rates and in-country market rates.

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Countries Tracked

32

across 28 currencies

Avg. Gap per $1M

$61,805

UN Rate vs stablecoin

Largest Gap per $1M

$237,170

Venezuela →

Theoretical Gain

$380M

2025 funding × live FX gap

Largest purchasing power gaps

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CountryGap30d Trend
Venezuela VES31¢ +31.1%
Ethiopia ETB20¢ +20.3%
Sudan SDG20¢ +19.7%
Mozambique MZN18¢ +18.2%
Iraq IQD17¢ +16.7%
Iran IRR15¢ -14.6%
Yemen YER12¢ +12.5%
Haiti HTG9.2¢ +9.2%
DRC CDF7.1¢ +7.1%
Afghanistan AFN6.8¢ +6.8%
Data pipeline status
parallel_rates 46d ago Forex 5h ago spot_fx_backfill 45d ago Spreads 4h ago spreads_backfill 45d ago UN Rate 5h ago unore_historical 45d ago USDT 4h ago usdt_p2p_binance 47d ago