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Official exchange rate (LCU per US$, period average) (UNESCO) in Cyprus

Cyprus: Official exchange rate (LCU per US$, period average) (UNESCO) was 0.9239 LCU per US$, period average in 2024. ▲ Rising

Latest (2024)
0.9239 LCU per US$, period average
Change on year
down 0.1%
World rank
178th
of 209 countries
All-time high
0.9496 LCU per US$, period average
in 2022
All-time low
0.3499 LCU per US$, period average
in 1973
Years of data
55
1970–2024

Official exchange rate in Cyprus, 1970–2024

00.20.40.60.81197019972024

Source: UNESCO Institute for Statistics. Measured in LCU per US$, period average.

Analysis

The most recent figure for official exchange rate in Cyprus is 0.9239 LCU per US$, period average, measured in 2024.

The figure is down 0.1% on the previous year and up 22.7% over ten years.

Over the whole period, official exchange rate in Cyprus peaked at 0.9496 LCU per US$, period average in 2022 and was at its lowest, 0.3499 LCU per US$, period average, in 1973.

That places Cyprus 178th out of 209 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 55 years of available data.

Official exchange rate (LCU per US$, period average) (UNESCO) in Cyprus, year by year

Year LCU per US$, period average Change
1970 0.4167 LCU per US$, period average —
1971 0.4107 LCU per US$, period average -1.4%
1972 0.3836 LCU per US$, period average -6.6%
1973 0.3499 LCU per US$, period average -8.8%
1974 0.3647 LCU per US$, period average +4.2%
1975 0.3689 LCU per US$, period average +1.2%
1976 0.4105 LCU per US$, period average +11.3%
1977 0.4081 LCU per US$, period average -0.6%
1978 0.3735 LCU per US$, period average -8.5%
1979 0.3544 LCU per US$, period average -5.1%
1980 0.353 LCU per US$, period average -0.4%
1981 0.4214 LCU per US$, period average +19.4%
1982 0.4754 LCU per US$, period average +12.8%
1983 0.5266 LCU per US$, period average +10.8%
1984 0.5884 LCU per US$, period average +11.7%
1985 0.6126 LCU per US$, period average +4.1%
1986 0.5181 LCU per US$, period average -15.4%
1987 0.4811 LCU per US$, period average -7.1%
1988 0.4666 LCU per US$, period average -3.0%
1989 0.4946 LCU per US$, period average +6.0%
1990 0.4581 LCU per US$, period average -7.4%
1991 0.4644 LCU per US$, period average +1.4%
1992 0.4496 LCU per US$, period average -3.2%
1993 0.4974 LCU per US$, period average +10.6%
1994 0.4922 LCU per US$, period average -1.0%
1995 0.4524 LCU per US$, period average -8.1%
1996 0.4663 LCU per US$, period average +3.1%
1997 0.5139 LCU per US$, period average +10.2%
1998 0.5178 LCU per US$, period average +0.8%
1999 0.543 LCU per US$, period average +4.9%
2000 0.6224 LCU per US$, period average +14.6%
2001 0.6431 LCU per US$, period average +3.3%
2002 0.6107 LCU per US$, period average -5.0%
2003 0.5174 LCU per US$, period average -15.3%
2004 0.4686 LCU per US$, period average -9.4%
2005 0.4641 LCU per US$, period average -1.0%
2006 0.4589 LCU per US$, period average -1.1%
2007 0.4261 LCU per US$, period average -7.1%
2008 0.6799 LCU per US$, period average +59.6%
2009 0.717 LCU per US$, period average +5.4%
2010 0.7543 LCU per US$, period average +5.2%
2011 0.7184 LCU per US$, period average -4.8%
2012 0.7783 LCU per US$, period average +8.3%
2013 0.753 LCU per US$, period average -3.3%
2014 0.7527 LCU per US$, period average -0.0%
2015 0.9013 LCU per US$, period average +19.7%
2016 0.9034 LCU per US$, period average +0.2%
2017 0.8852 LCU per US$, period average -2.0%
2018 0.8468 LCU per US$, period average -4.3%
2019 0.8933 LCU per US$, period average +5.5%
2020 0.8755 LCU per US$, period average -2.0%
2021 0.8455 LCU per US$, period average -3.4%
2022 0.9496 LCU per US$, period average +12.3%
2023 0.9248 LCU per US$, period average -2.6%
2024 0.9239 LCU per US$, period average -0.1%

Cyprus compared with similar countries

  • Cyprus's 0.9239 LCU per US$, period average is below the median for high income countries, which is 1 LCU per US$, period average, 92% of the median. (82 countries reporting)
  • Cyprus's 0.9239 LCU per US$, period average is below the median for Europe & Central Asia, which is 1.75 LCU per US$, period average, 53% of the median. (54 countries reporting)

Biggest year-on-year movements

Years where Official exchange rate (LCU per US$, period average) (UNESCO) in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2008 +59.6% 0.4261 LCU per US$, period average 0.6799 LCU per US$, period average

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.3841 LCU per US$, period average 0.3499 LCU per US$, period average 0.4167 LCU per US$, period average 10
1980s 0.4938 LCU per US$, period average 0.353 LCU per US$, period average 0.6126 LCU per US$, period average 10
1990s 0.4855 LCU per US$, period average 0.4496 LCU per US$, period average 0.543 LCU per US$, period average 10
2000s 0.5608 LCU per US$, period average 0.4261 LCU per US$, period average 0.717 LCU per US$, period average 10
2010s 0.8187 LCU per US$, period average 0.7184 LCU per US$, period average 0.9034 LCU per US$, period average 10
2020s 0.9039 LCU per US$, period average 0.8455 LCU per US$, period average 0.9496 LCU per US$, period average 5

Countries ranked near Cyprus

  1. 176 Montenegro 0.9244 LCU per US$, period average compare
  2. 176 San Marino 0.9244 LCU per US$, period average compare
  3. 178 Austria 0.9239 LCU per US$, period average compare
  4. 178 Belgium 0.9239 LCU per US$, period average compare
  5. 178 Germany 0.9239 LCU per US$, period average compare
  6. 178 Spain 0.9239 LCU per US$, period average compare
  7. 178 Estonia 0.9239 LCU per US$, period average compare
  8. 178 Finland 0.9239 LCU per US$, period average compare
  9. 178 France 0.9239 LCU per US$, period average compare
  10. 178 Greece 0.9239 LCU per US$, period average compare
  11. 178 Croatia 0.9239 LCU per US$, period average compare
  12. 178 Ireland 0.9239 LCU per US$, period average compare
  13. 178 Italy 0.9239 LCU per US$, period average compare
  14. 178 Lithuania 0.9239 LCU per US$, period average compare
  15. 178 Luxembourg 0.9239 LCU per US$, period average compare
  16. 178 Latvia 0.9239 LCU per US$, period average compare
  17. 178 Saint Martin (French Part) 0.9239 LCU per US$, period average compare
  18. 178 Monaco 0.9239 LCU per US$, period average compare
  19. 178 Malta 0.9239 LCU per US$, period average compare
  20. 178 Netherlands 0.9239 LCU per US$, period average compare
  21. 178 Portugal 0.9239 LCU per US$, period average compare
  22. 178 Slovakia 0.9239 LCU per US$, period average compare
  23. 178 Slovenia 0.9239 LCU per US$, period average compare

See the full ranking of 209 places →

More population data for Cyprus

All data for Cyprus →

Frequently asked questions

What is official exchange rate in Cyprus?
Official exchange rate in Cyprus was 0.9239 LCU per US$, period average in 2024, according to UNESCO Institute for Statistics.
What is the highest official exchange rate recorded in Cyprus?
The highest recorded value was 0.9496 LCU per US$, period average in 2022.
What is the lowest official exchange rate recorded in Cyprus?
The lowest recorded value was 0.3499 LCU per US$, period average in 1973.
How does Cyprus rank for official exchange rate?
Cyprus ranks 178th out of 209 countries with data for 2024.
Is official exchange rate rising or falling in Cyprus?
Over the last ten years it is up 22.7%. The long-run trend across the full record is rising.
Where does this Cyprus data come from?
The figures come from UNESCO Institute for Statistics, published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.

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Official exchange rate in Cyprus. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/official-exchange-rate-lcu-per-us-period-average-2/cyprus/

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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