Iceland vs Japan: Official exchange rate
Iceland
137.96 LCU per US$, period average
in 2024
Japan
151.37 LCU per US$, period average
in 2024
Iceland rank
59th
Japan rank
58th
Official exchange rate over time
- Iceland
- Japan
How they compare
Japan currently reports 151.37 LCU per US$, period average against 137.96 LCU per US$, period average in Iceland, a difference of 13.41 LCU per US$, period average.
That makes Japan's figure about 1.1 times Iceland's.
The two have swapped places 4 times across 55 shared years of data; in 1970 it was Japan ahead.
Iceland ranks 59th and Japan ranks 58th of 209 countries.
Across the 6 decades both report, Iceland averaged higher in 2 and Japan in 4.
Head to head by decade
| Decade | Iceland | Japan | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.61 LCU per US$, period average | 286.91 LCU per US$, period average | 285.29 LCU per US$, period average | Japan |
| 1980s | 30.23 LCU per US$, period average | 198.92 LCU per US$, period average | 168.69 LCU per US$, period average | Japan |
| 1990s | 65.78 LCU per US$, period average | 118.82 LCU per US$, period average | 53.04 LCU per US$, period average | Japan |
| 2000s | 82.34 LCU per US$, period average | 112 LCU per US$, period average | 29.66 LCU per US$, period average | Japan |
| 2010s | 119.27 LCU per US$, period average | 101.24 LCU per US$, period average | 18.03 LCU per US$, period average | Iceland |
| 2020s | 134.72 LCU per US$, period average | 127.98 LCU per US$, period average | 6.74 LCU per US$, period average | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Iceland or Japan?
- Japan, at 151.37 LCU per US$, period average against 137.96 LCU per US$, period average in Iceland as of 2024.
- What is the difference in official exchange rate between Iceland and Japan?
- 13.41 LCU per US$, period average, with Japan ahead.
- How many years of comparable data are there for Iceland and Japan?
- 55 years are reported by both, from 1970 to 2024.
- How do Iceland and Japan rank globally for official exchange rate?
- Iceland ranks 59th and Japan ranks 58th 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.
Individual pages
About this data
February 2026 Data Release