Official exchange rate in Papua New Guinea

Papua New Guinea: Official exchange rate was 3.85 LCU per US$, period average in 2024. ◆ Volatile

Latest (2024)
3.85 LCU per US$, period average
Change on year
up 7.3%
World rank
127th
of 209 countries
All-time high
3.9 LCU per US$, period average
in 2002
All-time low
0.671 LCU per US$, period average
in 1980
Years of data
55
1970–2024

Official exchange rate in Papua New Guinea, 1970–2024

1234197019972024

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 124 Romania 4.6 LCU per US$, period average compare
  2. 125 Malaysia 4.58 LCU per US$, period average compare
  3. 126 Poland 3.98 LCU per US$, period average compare
  4. 128 Peru 3.75 LCU per US$, period average compare
  5. 129 Saudi Arabia 3.75 LCU per US$, period average compare
  6. 130 Israel 3.7 LCU per US$, period average compare

See the full ranking of 209 places →

More population data for Papua New Guinea

All data for Papua New Guinea →

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.

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Official exchange rate in Papua New Guinea. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 22 August 2026, from https://population.statizoid.com/stat/official-exchange-rate-lcu-per-us-period-average-2/papua-new-guinea/

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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