Faroe Islands vs Greenland: Official exchange rate

Faroe Islands
6.89 LCU per US$, period average
in 2024
Greenland
6.89 LCU per US$, period average
in 2024
Faroe Islands rank
118th
Greenland rank
118th

Official exchange rate over time

  • Faroe Islands
  • Greenland
02.557.510197019972024

How they compare

Faroe Islands currently reports 6.89 LCU per US$, period average against 6.89 LCU per US$, period average in Greenland, a difference of 0 LCU per US$, period average.

The two have swapped places 2 times across 55 shared years of data; in 1970 it was Greenland ahead.

Faroe Islands ranks 118th and Greenland ranks 118th of 209 countries.

Faroe Islands has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Faroe Islands Greenland Difference Ahead
1970s 6.26 LCU per US$, period average 6.26 LCU per US$, period average 0.0009 LCU per US$, period average Faroe Islands
1980s 8.02 LCU per US$, period average 8.02 LCU per US$, period average 0 LCU per US$, period average
1990s 6.31 LCU per US$, period average 6.31 LCU per US$, period average 0 LCU per US$, period average
2000s 6.47 LCU per US$, period average 6.47 LCU per US$, period average 0 LCU per US$, period average
2010s 6.11 LCU per US$, period average 6.11 LCU per US$, period average 0 LCU per US$, period average
2020s 6.74 LCU per US$, period average 6.74 LCU per US$, period average 0 LCU per US$, period average

Averages of every year both report within each decade.

Frequently asked questions

Which has higher official exchange rate, Faroe Islands or Greenland?
Faroe Islands, at 6.89 LCU per US$, period average against 6.89 LCU per US$, period average in Greenland as of 2024.
What is the difference in official exchange rate between Faroe Islands and Greenland?
0 LCU per US$, period average, with Faroe Islands ahead.
How many years of comparable data are there for Faroe Islands and Greenland?
55 years are reported by both, from 1970 to 2024.
How do Faroe Islands and Greenland rank globally for official exchange rate?
Faroe Islands ranks 118th and Greenland ranks 118th of 209 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Official exchange rate (LCU per US$, period average). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Faroe Islands vs Greenland: Official exchange rate. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 27 August 2026, from https://population.statizoid.com/compare/official-exchange-rate-lcu-per-us-period-average-2/faroe-islands/greenland/

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About this data

Indicator
Official exchange rate (LCU per US$, period average)
Unit
LCU per US$, period average
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
209 places, 10,484 data points, 1970–2024
Last refreshed

February 2026 Data Release