Iceland vs Russian Federation: Annual Purchasing Power Parities and exchange rates — Exchange rates

Iceland
128.44 National currency per US dollar
in 2025
Russian Federation
92.55 National currency per US dollar
in 2024
Iceland rank
11th
Russian Federation rank
14th

Annual Purchasing Power Parities and exchange rates — Exchange rates over time

  • Iceland
  • Russian Federation
050100150195019872025

How they compare

Iceland currently reports 128.44 National currency per US dollar against 92.55 National currency per US dollar in Russian Federation, a difference of 35.89 National currency per US dollar.

That makes Iceland's figure about 1.4 times Russian Federation's.

Across all 32 years both countries report, Iceland has been ahead every year.

Iceland ranks 11th and Russian Federation ranks 14th of 53 countries.

Iceland has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iceland Russian Federation Difference Ahead
1990s 68.99 National currency per US dollar 7.57 National currency per US dollar 61.42 National currency per US dollar Iceland
2000s 82.34 National currency per US dollar 28.58 National currency per US dollar 53.76 National currency per US dollar Iceland
2010s 119.27 National currency per US dollar 47.45 National currency per US dollar 71.82 National currency per US dollar Iceland
2020s 134.72 National currency per US dollar 78.39 National currency per US dollar 56.33 National currency per US dollar Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher annual purchasing power parities and exchange rates — exchange rates, Iceland or Russian Federation?
Iceland, at 128.44 National currency per US dollar against 92.55 National currency per US dollar in Russian Federation as of 2025.
What is the difference in annual purchasing power parities and exchange rates — exchange rates between Iceland and Russian Federation?
35.89 National currency per US dollar, with Iceland ahead.
How many years of comparable data are there for Iceland and Russian Federation?
32 years are reported by both, from 1993 to 2024.
How do Iceland and Russian Federation rank globally for annual purchasing power parities and exchange rates — exchange rates?
Iceland ranks 11th and Russian Federation ranks 14th of 53 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Annual Purchasing Power Parities and exchange rates — Exchange rates, average. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Russian Federation: Annual Purchasing Power Parities and exchange rates — Exchange rates. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 21 August 2026, from https://reference.statizoid.com/compare/annual-purchasing-power-parities-and-exchange-rates-exchange-rates-average/iceland/russian-federation/

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About this data

Indicator
Annual Purchasing Power Parities and exchange rates — Exchange rates, average
Unit
National currency per US dollar
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
68 places, 4,358 data points, 1950–2025
Last refreshed

This table shows annual Purchasing Power Parities (PPPs) for Gross Domestic Product (GDP), household final consumption expenditure and actual individual consumption. It also shows exchange rates (annual averages and end of period), sourced from the International Monetary Fund's database on International Financial Statistics. Final consumption expenditure is the expenditure of resident households on consumption goods or services, while individual consumption is the sum of household consumption plus the individual (not collective) consumption of the non-profit institutions serving households (NPISH) and General Government sectors. These indicators were presented in the previous dissemination system in the SNA_TABLE4 dataset. For further information on (PPPs) please check the following link: Purchasing Power Parities and more precisely FAQ 2: Purchasing power parities OECD statistics contact: STAT.Contact@oecd.org