Official exchange rate (LCU per US$, period average) (UNESCO) in Papua New Guinea
Papua New Guinea: Official exchange rate (LCU per US$, period average) (UNESCO) was 3.85 LCU per US$, period average in 2024. ◆ Volatile
Official exchange rate in Papua New Guinea, 1970–2024
Source: UNESCO Institute for Statistics. Measured in LCU per US$, period average.
Analysis
The most recent figure for official exchange rate in Papua New Guinea is 3.85 LCU per US$, period average, measured in 2024.
That represents a change of up 7.3% on the previous year and up 56.5% over ten years.
Over the whole period, official exchange rate in Papua New Guinea peaked at 3.9 LCU per US$, period average in 2002 and was at its lowest, 0.671 LCU per US$, period average, in 1980.
Papua New Guinea ranks 127th of 209 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Official exchange rate (LCU per US$, period average) (UNESCO) in Papua New Guinea, year by year
| Year | LCU per US$, period average | Change |
|---|---|---|
| 1970 | 0.8929 LCU per US$, period average | — |
| 1971 | 0.8828 LCU per US$, period average | -1.1% |
| 1972 | 0.835 LCU per US$, period average | -5.4% |
| 1973 | 0.7041 LCU per US$, period average | -15.7% |
| 1974 | 0.6967 LCU per US$, period average | -1.1% |
| 1975 | 0.7639 LCU per US$, period average | +9.6% |
| 1976 | 0.7928 LCU per US$, period average | +3.8% |
| 1977 | 0.7914 LCU per US$, period average | -0.2% |
| 1978 | 0.7089 LCU per US$, period average | -10.4% |
| 1979 | 0.7118 LCU per US$, period average | +0.4% |
| 1980 | 0.671 LCU per US$, period average | -5.7% |
| 1981 | 0.673 LCU per US$, period average | +0.3% |
| 1982 | 0.7385 LCU per US$, period average | +9.7% |
| 1983 | 0.8361 LCU per US$, period average | +13.2% |
| 1984 | 0.8985 LCU per US$, period average | +7.5% |
| 1985 | 1 LCU per US$, period average | +11.3% |
| 1986 | 0.9714 LCU per US$, period average | -2.9% |
| 1987 | 0.9079 LCU per US$, period average | -6.5% |
| 1988 | 0.867 LCU per US$, period average | -4.5% |
| 1989 | 0.8588 LCU per US$, period average | -1.0% |
| 1990 | 0.955 LCU per US$, period average | +11.2% |
| 1991 | 0.9517 LCU per US$, period average | -0.3% |
| 1992 | 0.9647 LCU per US$, period average | +1.4% |
| 1993 | 0.9782 LCU per US$, period average | +1.4% |
| 1994 | 1.01 LCU per US$, period average | +3.4% |
| 1995 | 1.28 LCU per US$, period average | +26.5% |
| 1996 | 1.32 LCU per US$, period average | +3.1% |
| 1997 | 1.44 LCU per US$, period average | +9.0% |
| 1998 | 2.07 LCU per US$, period average | +44.2% |
| 1999 | 2.57 LCU per US$, period average | +24.0% |
| 2000 | 2.78 LCU per US$, period average | +8.2% |
| 2001 | 3.39 LCU per US$, period average | +21.8% |
| 2002 | 3.9 LCU per US$, period average | +14.9% |
| 2003 | 3.56 LCU per US$, period average | -8.5% |
| 2004 | 3.22 LCU per US$, period average | -9.6% |
| 2005 | 3.1 LCU per US$, period average | -3.7% |
| 2006 | 3.06 LCU per US$, period average | -1.5% |
| 2007 | 2.97 LCU per US$, period average | -3.0% |
| 2008 | 2.7 LCU per US$, period average | -8.9% |
| 2009 | 2.76 LCU per US$, period average | +2.0% |
| 2010 | 2.72 LCU per US$, period average | -1.3% |
| 2011 | 2.37 LCU per US$, period average | -12.8% |
| 2012 | 2.08 LCU per US$, period average | -12.1% |
| 2013 | 2.24 LCU per US$, period average | +7.7% |
| 2014 | 2.46 LCU per US$, period average | +9.7% |
| 2015 | 2.77 LCU per US$, period average | +12.5% |
| 2016 | 3.13 LCU per US$, period average | +13.2% |
| 2017 | 3.19 LCU per US$, period average | +1.8% |
| 2018 | 3.29 LCU per US$, period average | +3.3% |
| 2019 | 3.39 LCU per US$, period average | +2.9% |
| 2020 | 3.46 LCU per US$, period average | +2.1% |
| 2021 | 3.51 LCU per US$, period average | +1.4% |
| 2022 | 3.52 LCU per US$, period average | +0.3% |
| 2023 | 3.59 LCU per US$, period average | +2.0% |
| 2024 | 3.85 LCU per US$, period average | +7.3% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 3.85 LCU per US$, period average is below the median for lower middle income countries, which is 117.39 LCU per US$, period average, 3% of the median. (46 countries reporting)
- Papua New Guinea's 3.85 LCU per US$, period average is below the median for East Asia & Pacific, which is 4.58 LCU per US$, period average, 84% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.778 LCU per US$, period average | 0.6967 LCU per US$, period average | 0.8929 LCU per US$, period average | 10 |
| 1980s | 0.8423 LCU per US$, period average | 0.671 LCU per US$, period average | 1 LCU per US$, period average | 10 |
| 1990s | 1.35 LCU per US$, period average | 0.9517 LCU per US$, period average | 2.57 LCU per US$, period average | 10 |
| 2000s | 3.14 LCU per US$, period average | 2.7 LCU per US$, period average | 3.9 LCU per US$, period average | 10 |
| 2010s | 2.77 LCU per US$, period average | 2.08 LCU per US$, period average | 3.39 LCU per US$, period average | 10 |
| 2020s | 3.59 LCU per US$, period average | 3.46 LCU per US$, period average | 3.85 LCU per US$, period average | 5 |
Countries ranked near Papua New Guinea
- 124 Romania 4.6 LCU per US$, period average compare
- 125 Malaysia 4.58 LCU per US$, period average compare
- 126 Poland 3.98 LCU per US$, period average compare
- 128 Peru 3.75 LCU per US$, period average compare
- 129 Saudi Arabia 3.75 LCU per US$, period average compare
- 130 Israel 3.7 LCU per US$, period average compare
More population data for Papua New Guinea
- Population regions with projections, annual growth rate 0.0564 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -0.3478 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.0564 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.0669 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 14,910 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.58 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.5424 % change on previous year (2100)
- Population growth rate 0.048 (2100)
- Population density 41.16 (2100)
- Projected population under age 5 1.15 million (2100)
Frequently asked questions
- What is official exchange rate in Papua New Guinea?
- Official exchange rate in Papua New Guinea was 3.85 LCU per US$, period average in 2024, according to UNESCO Institute for Statistics.
- What is the highest official exchange rate recorded in Papua New Guinea?
- The highest recorded value was 3.9 LCU per US$, period average in 2002.
- What is the lowest official exchange rate recorded in Papua New Guinea?
- The lowest recorded value was 0.671 LCU per US$, period average in 1980.
- How does Papua New Guinea rank for official exchange rate?
- Papua New Guinea ranks 127th out of 209 countries with data for 2024.
- Is official exchange rate rising or falling in Papua New Guinea?
- Over the last ten years it is up 56.5%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Official exchange rate (LCU per US$, 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