Faroe Islands vs Greenland: Official exchange rate, LCU per USD, period average
Faroe Islands
6.66
in 2025
Greenland
6.82
in 2017
Faroe Islands rank
131st
Greenland rank
129th
Official exchange rate, LCU per USD, period average over time
- Faroe Islands
- Greenland
How they compare
Greenland currently reports 6.82 against 6.66 in Faroe Islands, a difference of 0.16.
Across all 31 years both countries report, Greenland has been ahead every year.
Faroe Islands ranks 131st and Greenland ranks 129th of 193 countries.
Greenland has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Faroe Islands | Greenland | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 6.96 | 6.96 | 0 | — |
| 1990s | 6.31 | 6.31 | 0 | — |
| 2000s | 6.47 | 6.47 | 0 | — |
| 2010s | 6.01 | 6.04 | 0.0269 | Greenland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, lcu per usd, period average, Faroe Islands or Greenland?
- Greenland, at 6.82 against 6.66 in Faroe Islands as of 2017.
- What is the difference in official exchange rate, lcu per usd, period average between Faroe Islands and Greenland?
- 0.16, with Greenland ahead.
- How many years of comparable data are there for Faroe Islands and Greenland?
- 31 years are reported by both, from 1987 to 2017.
- How do Faroe Islands and Greenland rank globally for official exchange rate, lcu per usd, period average?
- Faroe Islands ranks 131st and Greenland ranks 129th of 193 countries.
- Where does this data come from?
- World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as Official exchange rate, LCU per USD, period average. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).