Official exchange rate in Iceland

Iceland: Official exchange rate was 137.96 LCU per US$, period average in 2024. β—† Volatile

Latest (2024)
137.96 LCU per US$, period average
Change on year
up 0.0%
World rank
58th
of 206 countries
All-time high
137.96 LCU per US$, 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

050100150197019972024

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 58th of 206 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 55 Liberia 174.96 LCU per US$, period average compare
  2. 56 Jamaica 156.44 LCU per US$, period average compare
  3. 57 Japan 151.37 LCU per US$, period average compare
  4. 59 Kenya 134.82 LCU per US$, period average compare
  5. 60 Algeria 134.05 LCU per US$, period average compare
  6. 61 Nepal 133.73 LCU per US$, period average compare

See the full ranking of 209 places β†’

More population data for Iceland

All data for Iceland β†’

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$, period average in 1970.
How does Iceland rank for official exchange rate?
Iceland ranks 58th out of 206 countries with data for 2024.
Is official exchange rate rising or falling in Iceland?
Over the last ten years it is up 18.1%. The long-run trend across the full record is volatile.
Where does this Iceland data come from?
The figures come from UNESCO Institute for Statistics, published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

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Official exchange rate in Iceland. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/official-exchange-rate-lcu-per-us-period-average-2/iceland/

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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