Iceland vs Venezuela: Official exchange rate, LCU per USD, period average
Iceland
123.74
in 2026
Venezuela
118.47
in 2025
Iceland rank
71st
Venezuela rank
74th
Official exchange rate, LCU per USD, period average over time
- Iceland
- Venezuela
How they compare
Iceland currently reports 123.74 against 118.47 in Venezuela, a difference of 5.27.
The two have swapped places 2 times across 39 shared years of data; in 1987 it was Iceland ahead.
Iceland ranks 71st and Venezuela ranks 74th of 195 countries.
Across the 5 decades both report, Iceland averaged higher in 3 and Venezuela in 2.
Head to head by decade
| Decade | Iceland | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 49.06 | 0.0181 | 49.04 | Iceland |
| 1990s | 66.82 | 0.2625 | 66.56 | Iceland |
| 2000s | 82.36 | 1.68 | 80.68 | Iceland |
| 2010s | 119.24 | 34,470 | 34,351 | Venezuela |
| 2020s | 133.64 | 72,204 | 72,071 | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, lcu per usd, period average, Iceland or Venezuela?
- Iceland, at 123.74 against 118.47 in Venezuela as of 2026.
- What is the difference in official exchange rate, lcu per usd, period average between Iceland and Venezuela?
- 5.27, with Iceland ahead.
- How many years of comparable data are there for Iceland and Venezuela?
- 39 years are reported by both, from 1987 to 2025.
- How do Iceland and Venezuela rank globally for official exchange rate, lcu per usd, period average?
- Iceland ranks 71st and Venezuela ranks 74th of 195 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).