Norway vs Venezuela, Bolivarian Republic of: Official exchange rate

Norway
10.75 LCU per US$, period average
in 2024
Venezuela, Bolivarian Republic of
9.97 LCU per US$, period average
in 2017
Norway rank
108th
Venezuela, Bolivarian Republic of rank
110th

Official exchange rate over time

  • Norway
  • Venezuela, Bolivarian Republic of
02.557.510197019972024

How they compare

Norway currently reports 10.75 LCU per US$, period average against 9.97 LCU per US$, period average in Venezuela, Bolivarian Republic of, a difference of 0.78 LCU per US$, period average.

That makes Norway's figure about 1.1 times Venezuela, Bolivarian Republic of's.

The two have swapped places 3 times across 48 shared years of data; in 1970 it was Norway ahead.

Norway ranks 108th and Venezuela, Bolivarian Republic of ranks 110th of 209 countries.

Norway has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Norway Venezuela, Bolivarian Republic of Difference Ahead
1970s 5.84 LCU per US$, period average 0.0043 LCU per US$, period average 5.84 LCU per US$, period average Norway
1980s 6.87 LCU per US$, period average 0.0103 LCU per US$, period average 6.86 LCU per US$, period average Norway
1990s 6.83 LCU per US$, period average 0.2646 LCU per US$, period average 6.57 LCU per US$, period average Norway
2000s 7.02 LCU per US$, period average 1.67 LCU per US$, period average 5.35 LCU per US$, period average Norway
2010s 6.8 LCU per US$, period average 6.13 LCU per US$, period average 0.6712 LCU per US$, period average Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher official exchange rate, Norway or Venezuela, Bolivarian Republic of?
Norway, at 10.75 LCU per US$, period average against 9.97 LCU per US$, period average in Venezuela, Bolivarian Republic of as of 2024.
What is the difference in official exchange rate between Norway and Venezuela, Bolivarian Republic of?
0.78 LCU per US$, period average, with Norway ahead.
How many years of comparable data are there for Norway and Venezuela, Bolivarian Republic of?
48 years are reported by both, from 1970 to 2017.
How do Norway and Venezuela, Bolivarian Republic of rank globally for official exchange rate?
Norway ranks 108th and Venezuela, Bolivarian Republic of ranks 110th of 209 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as Official exchange rate (LCU per US$, period average). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Norway vs Venezuela, Bolivarian Republic of: Official exchange rate. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 26 August 2026, from https://population.statizoid.com/compare/official-exchange-rate-lcu-per-us-period-average-2/norway/venezuela-rb/

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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