Official exchange rate (LCU per US$, period average) (UNESCO) in Iceland
Iceland: Official exchange rate (LCU per US$, period average) (UNESCO) was 137.96 LCU per US$, period average in 2024. ◆ Volatile
Latest (2024)
137.96 LCU per US$, period average
Change on year
up 0.0%
World rank
59th
of 209 countries
All-time high
137.96 LCU per US$, period average
in 2024
All-time low
0.88 LCU per US$, period average
in 1970
Years of data
55
1970–2024
Official exchange rate in Iceland, 1970–2024
Source: UNESCO Institute for Statistics. Measured in LCU per US$, period average.
Analysis
The most recent figure for official exchange rate in Iceland is 137.96 LCU per US$, period average, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 18.1% over ten years.
Over the whole period, official exchange rate in Iceland peaked at 137.96 LCU per US$, period average in 2024 and was at its lowest, 0.88 LCU per US$, period average, in 1970.
Iceland ranks 59th of 209 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Official exchange rate (LCU per US$, period average) (UNESCO) in Iceland, year by year
| Year | LCU per US$, period average | Change |
|---|---|---|
| 1970 | 0.88 LCU per US$, period average | — |
| 1971 | 0.88 LCU per US$, period average | +0.0% |
| 1972 | 0.8826 LCU per US$, period average | +0.3% |
| 1973 | 0.9013 LCU per US$, period average | +2.1% |
| 1974 | 0.9995 LCU per US$, period average | +10.9% |
| 1975 | 1.54 LCU per US$, period average | +53.8% |
| 1976 | 1.82 LCU per US$, period average | +18.5% |
| 1977 | 1.99 LCU per US$, period average | +9.2% |
| 1978 | 2.71 LCU per US$, period average | +36.3% |
| 1979 | 3.53 LCU per US$, period average | +30.1% |
| 1980 | 4.8 LCU per US$, period average | +36.1% |
| 1981 | 7.22 LCU per US$, period average | +50.6% |
| 1982 | 12.35 LCU per US$, period average | +71.0% |
| 1983 | 24.84 LCU per US$, period average | +101.1% |
| 1984 | 31.69 LCU per US$, period average | +27.6% |
| 1985 | 41.51 LCU per US$, period average | +31.0% |
| 1986 | 41.1 LCU per US$, period average | -1.0% |
| 1987 | 38.68 LCU per US$, period average | -5.9% |
| 1988 | 43.01 LCU per US$, period average | +11.2% |
| 1989 | 57.04 LCU per US$, period average | +32.6% |
| 1990 | 58.28 LCU per US$, period average | +2.2% |
| 1991 | 59 LCU per US$, period average | +1.2% |
| 1992 | 57.55 LCU per US$, period average | -2.5% |
| 1993 | 67.6 LCU per US$, period average | +17.5% |
| 1994 | 69.94 LCU per US$, period average | +3.5% |
| 1995 | 64.69 LCU per US$, period average | -7.5% |
| 1996 | 66.5 LCU per US$, period average | +2.8% |
| 1997 | 70.9 LCU per US$, period average | +6.6% |
| 1998 | 70.96 LCU per US$, period average | +0.1% |
| 1999 | 72.34 LCU per US$, period average | +1.9% |
| 2000 | 78.62 LCU per US$, period average | +8.7% |
| 2001 | 97.42 LCU per US$, period average | +23.9% |
| 2002 | 91.66 LCU per US$, period average | -5.9% |
| 2003 | 76.71 LCU per US$, period average | -16.3% |
| 2004 | 70.19 LCU per US$, period average | -8.5% |
| 2005 | 62.98 LCU per US$, period average | -10.3% |
| 2006 | 70.18 LCU per US$, period average | +11.4% |
| 2007 | 64.06 LCU per US$, period average | -8.7% |
| 2008 | 87.95 LCU per US$, period average | +37.3% |
| 2009 | 123.64 LCU per US$, period average | +40.6% |
| 2010 | 122.24 LCU per US$, period average | -1.1% |
| 2011 | 115.95 LCU per US$, period average | -5.1% |
| 2012 | 125.08 LCU per US$, period average | +7.9% |
| 2013 | 122.18 LCU per US$, period average | -2.3% |
| 2014 | 116.77 LCU per US$, period average | -4.4% |
| 2015 | 131.92 LCU per US$, period average | +13.0% |
| 2016 | 120.81 LCU per US$, period average | -8.4% |
| 2017 | 106.84 LCU per US$, period average | -11.6% |
| 2018 | 108.3 LCU per US$, period average | +1.4% |
| 2019 | 122.61 LCU per US$, period average | +13.2% |
| 2020 | 135.42 LCU per US$, period average | +10.5% |
| 2021 | 126.99 LCU per US$, period average | -6.2% |
| 2022 | 135.28 LCU per US$, period average | +6.5% |
| 2023 | 137.94 LCU per US$, period average | +2.0% |
| 2024 | 137.96 LCU per US$, period average | +0.0% |
Iceland compared with similar countries
- Iceland's 137.96 LCU per US$, period average is above the median for high income countries, which is 1 LCU per US$, period average, 138.0× the median. (82 countries reporting)
- Iceland's 137.96 LCU per US$, period average is above the median for Europe & Central Asia, which is 1.75 LCU per US$, period average, 78.7× the median. (54 countries reporting)
Biggest year-on-year movements
Years where Official exchange rate (LCU per US$, period average) (UNESCO) in Iceland 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.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +101.1% | 12.35 LCU per US$, period average | 24.84 LCU per US$, period average |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.61 LCU per US$, period average | 0.88 LCU per US$, period average | 3.53 LCU per US$, period average | 10 |
| 1980s | 30.23 LCU per US$, period average | 4.8 LCU per US$, period average | 57.04 LCU per US$, period average | 10 |
| 1990s | 65.78 LCU per US$, period average | 57.55 LCU per US$, period average | 72.34 LCU per US$, period average | 10 |
| 2000s | 82.34 LCU per US$, period average | 62.98 LCU per US$, period average | 123.64 LCU per US$, period average | 10 |
| 2010s | 119.27 LCU per US$, period average | 106.84 LCU per US$, period average | 131.92 LCU per US$, period average | 10 |
| 2020s | 134.72 LCU per US$, period average | 126.99 LCU per US$, period average | 137.96 LCU per US$, period average | 5 |
Countries ranked near Iceland
- 56 Liberia 174.96 LCU per US$, period average compare
- 57 Jamaica 156.44 LCU per US$, period average compare
- 58 Japan 151.37 LCU per US$, period average compare
- 60 Kenya 134.82 LCU per US$, period average compare
- 61 Algeria 134.05 LCU per US$, period average compare
- 62 Nepal 133.73 LCU per US$, period average compare
More population data for Iceland
- Population regions with projections, annual growth rate -0.4984 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -5.08 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.4984 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.2688 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 408.78 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.4806 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.6617 % change on previous year (2100)
- Population growth rate -0.502 (2100)
- Population density 3.6 (2100)
- Projected population under age 5 13,661 (2100)
Frequently asked questions
- What is official exchange rate in Iceland?
- Official exchange rate in Iceland was 137.96 LCU per US$, period average in 2024, according to UNESCO Institute for Statistics.
- What is the highest official exchange rate recorded in Iceland?
- The highest recorded value was 137.96 LCU per US$, period average in 2024.
- What is the lowest official exchange rate recorded in Iceland?
- The lowest recorded value was 0.88 LCU per US$, period average in 1970.
- How does Iceland rank for official exchange rate?
- Iceland ranks 59th out of 209 countries with data for 2024.
- Is official exchange rate rising or falling in Iceland?
- Over the last ten years it is up 18.1%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release