Iceland vs Liberia: Official exchange rate

Iceland
137.96 LCU per US$, period average
in 2024
Liberia
174.96 LCU per US$, period average
in 2023
Iceland rank
59th
Liberia rank
56th

Official exchange rate over time

  • Iceland
  • Liberia
050100150200197019972024

How they compare

Liberia currently reports 174.96 LCU per US$, period average against 137.96 LCU per US$, period average in Iceland, a difference of 37 LCU per US$, period average.

That makes Liberia's figure about 1.3 times Iceland's.

The two have swapped places 2 times across 54 shared years of data; in 1970 it was Liberia ahead.

Iceland ranks 59th and Liberia ranks 56th of 209 countries.

Across the 6 decades both report, Iceland averaged higher in 3 and Liberia in 3.

Head to head by decade

Decade Iceland Liberia Difference Ahead
1970s 1.61 LCU per US$, period average 25.99 LCU per US$, period average 24.38 LCU per US$, period average Liberia
1980s 30.23 LCU per US$, period average 46.44 LCU per US$, period average 16.21 LCU per US$, period average Liberia
1990s 65.78 LCU per US$, period average 46.28 LCU per US$, period average 19.49 LCU per US$, period average Iceland
2000s 82.34 LCU per US$, period average 57.34 LCU per US$, period average 25 LCU per US$, period average Iceland
2010s 119.27 LCU per US$, period average 100.24 LCU per US$, period average 19.03 LCU per US$, period average Iceland
2020s 133.91 LCU per US$, period average 171.39 LCU per US$, period average 37.48 LCU per US$, period average Liberia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher official exchange rate, Iceland or Liberia?
Liberia, at 174.96 LCU per US$, period average against 137.96 LCU per US$, period average in Iceland as of 2023.
What is the difference in official exchange rate between Iceland and Liberia?
37 LCU per US$, period average, with Liberia ahead.
How many years of comparable data are there for Iceland and Liberia?
54 years are reported by both, from 1970 to 2023.
How do Iceland and Liberia rank globally for official exchange rate?
Iceland ranks 59th and Liberia ranks 56th of 209 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Official exchange rate (LCU per US$, period average). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Liberia: Official exchange rate. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 24 August 2026, from https://population.statizoid.com/compare/official-exchange-rate-lcu-per-us-period-average-2/iceland/liberia/

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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