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

Latvia: 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
0.4808 LCU per US$, period average
in 2008
Years of data
33
1992–2024

Official exchange rate in Latvia, 1992–2024

00.20.40.60.811992200820241992: 0.736 LCU per US$, period average1993: 0.675 LCU per US$, period average1994: 0.56 LCU per US$, period average1995: 0.528 LCU per US$, period average1996: 0.551 LCU per US$, period average1997: 0.581 LCU per US$, period average1998: 0.59 LCU per US$, period average1999: 0.585 LCU per US$, period average2000: 0.607 LCU per US$, period average2001: 0.628 LCU per US$, period average2002: 0.618 LCU per US$, period average2003: 0.571 LCU per US$, period average2004: 0.54 LCU per US$, period average2005: 0.565 LCU per US$, period average2006: 0.56 LCU per US$, period average2007: 0.514 LCU per US$, period average2008: 0.481 LCU per US$, period average2009: 0.506 LCU per US$, period average2010: 0.53 LCU per US$, period average2011: 0.501 LCU per US$, period average2012: 0.547 LCU per US$, period average2013: 0.529 LCU per US$, period average2014: 0.753 LCU per US$, period average2015: 0.901 LCU per US$, period average2016: 0.903 LCU per US$, period average2017: 0.885 LCU per US$, period average2018: 0.847 LCU per US$, period average2019: 0.893 LCU per US$, period average2020: 0.876 LCU per US$, period average2021: 0.845 LCU per US$, period average2022: 0.95 LCU per US$, period average2023: 0.925 LCU per US$, period average2024: 0.924 LCU per US$, period average

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

Analysis

In 2024, official exchange rate in Latvia stood at 0.9239 LCU per US$, period average.

That represents a change of down 0.1% on the previous year and up 22.7% over ten years.

Over the whole period, official exchange rate in Latvia peaked at 0.9496 LCU per US$, period average in 2022 and was at its lowest, 0.4808 LCU per US$, period average, in 2008.

Latvia ranks 178th of 209 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 33 years of available data.

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

Year LCU per US$, period average Change
1992 0.7365 LCU per US$, period average —
1993 0.6753 LCU per US$, period average -8.3%
1994 0.5597 LCU per US$, period average -17.1%
1995 0.5276 LCU per US$, period average -5.7%
1996 0.5507 LCU per US$, period average +4.4%
1997 0.5809 LCU per US$, period average +5.5%
1998 0.5898 LCU per US$, period average +1.5%
1999 0.5852 LCU per US$, period average -0.8%
2000 0.6065 LCU per US$, period average +3.6%
2001 0.6279 LCU per US$, period average +3.5%
2002 0.6182 LCU per US$, period average -1.5%
2003 0.5715 LCU per US$, period average -7.6%
2004 0.5402 LCU per US$, period average -5.5%
2005 0.5647 LCU per US$, period average +4.5%
2006 0.5604 LCU per US$, period average -0.8%
2007 0.5138 LCU per US$, period average -8.3%
2008 0.4808 LCU per US$, period average -6.4%
2009 0.5056 LCU per US$, period average +5.1%
2010 0.5305 LCU per US$, period average +4.9%
2011 0.5012 LCU per US$, period average -5.5%
2012 0.5469 LCU per US$, period average +9.1%
2013 0.5294 LCU per US$, period average -3.2%
2014 0.7527 LCU per US$, period average +42.2%
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%

Latvia compared with similar countries

  • Latvia'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)
  • Latvia'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)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.6007 LCU per US$, period average 0.5276 LCU per US$, period average 0.7365 LCU per US$, period average 8
2000s 0.559 LCU per US$, period average 0.4808 LCU per US$, period average 0.6279 LCU per US$, period average 10
2010s 0.7291 LCU per US$, period average 0.5012 LCU per US$, 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 Latvia

  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 Cyprus 0.9239 LCU per US$, period average compare
  6. 178 Germany 0.9239 LCU per US$, period average compare
  7. 178 Spain 0.9239 LCU per US$, period average compare
  8. 178 Estonia 0.9239 LCU per US$, period average compare
  9. 178 Finland 0.9239 LCU per US$, period average compare
  10. 178 France 0.9239 LCU per US$, period average compare
  11. 178 Greece 0.9239 LCU per US$, period average compare
  12. 178 Croatia 0.9239 LCU per US$, period average compare
  13. 178 Ireland 0.9239 LCU per US$, period average compare
  14. 178 Italy 0.9239 LCU per US$, period average compare
  15. 178 Lithuania 0.9239 LCU per US$, period average compare
  16. 178 Luxembourg 0.9239 LCU per US$, 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 Latvia

All data for Latvia →

Frequently asked questions

What is official exchange rate in Latvia?
Official exchange rate in Latvia was 0.9239 LCU per US$, period average in 2024, according to UNESCO Institute for Statistics.
What is the highest official exchange rate recorded in Latvia?
The highest recorded value was 0.9496 LCU per US$, period average in 2022.
What is the lowest official exchange rate recorded in Latvia?
The lowest recorded value was 0.4808 LCU per US$, period average in 2008.
How does Latvia rank for official exchange rate?
Latvia ranks 178th out of 209 countries with data for 2024.
Is official exchange rate rising or falling in Latvia?
Over the last ten years it is up 22.7%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from UNESCO Institute for Statistics, published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.

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Official exchange rate in Latvia. 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/latvia/

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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