Annual Purchasing Power Parities and exchange rates — Exchange rates in Latvia

Latvia: Annual Purchasing Power Parities and exchange rates — Exchange rates was 0.885 National currency per US dollar in 2025. ▬ Flat

Latest (2025)
0.885 National currency per US dollar
Change on year
down 4.2%
Rank
2nd
of 6 regions
All-time high
1.05 National currency per US dollar
in 1992
All-time low
0.6841 National currency per US dollar
in 2008
Years of data
34
1992–2025

Annual Purchasing Power Parities and exchange rates — Exchange rates in Latvia, 1992–2025

00.250.50.7511992200820251992: 1 National currency per US dollar1993: 0.961 National currency per US dollar1994: 0.796 National currency per US dollar1995: 0.751 National currency per US dollar1996: 0.784 National currency per US dollar1997: 0.827 National currency per US dollar1998: 0.839 National currency per US dollar1999: 0.833 National currency per US dollar2000: 0.863 National currency per US dollar2001: 0.893 National currency per US dollar2002: 0.88 National currency per US dollar2003: 0.813 National currency per US dollar2004: 0.769 National currency per US dollar2005: 0.804 National currency per US dollar2006: 0.797 National currency per US dollar2007: 0.731 National currency per US dollar2008: 0.684 National currency per US dollar2009: 0.719 National currency per US dollar2010: 0.755 National currency per US dollar2011: 0.713 National currency per US dollar2012: 0.778 National currency per US dollar2013: 0.753 National currency per US dollar2014: 0.753 National currency per US dollar2015: 0.901 National currency per US dollar2016: 0.903 National currency per US dollar2017: 0.885 National currency per US dollar2018: 0.847 National currency per US dollar2019: 0.893 National currency per US dollar2020: 0.876 National currency per US dollar2021: 0.845 National currency per US dollar2022: 0.95 National currency per US dollar2023: 0.925 National currency per US dollar2024: 0.924 National currency per US dollar2025: 0.885 National currency per US dollar

Source: Organisation for Economic Co-operation and Development. Measured in National currency per US dollar.

Analysis

In 2025, annual purchasing power parities and exchange rates — exchange rates in Latvia stood at 0.885 National currency per US dollar.

Compared with earlier readings it is down 4.2% on the previous year and down 1.8% over ten years.

Over the whole period, annual purchasing power parities and exchange rates — exchange rates in Latvia peaked at 1.05 National currency per US dollar in 1992 and was at its lowest, 0.6841 National currency per US dollar, in 2008.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.8548 National currency per US dollar 0.7507 National currency per US dollar 1.05 National currency per US dollar 8
2000s 0.7953 National currency per US dollar 0.6841 National currency per US dollar 0.8934 National currency per US dollar 10
2010s 0.8182 National currency per US dollar 0.7132 National currency per US dollar 0.9034 National currency per US dollar 10
2020s 0.9007 National currency per US dollar 0.8455 National currency per US dollar 0.9496 National currency per US dollar 6

Countries ranked near Latvia

  1. 1 Indonesia 16,478 National currency per US dollar compare
  2. 2 Colombia 4,053 National currency per US dollar compare
  3. 3 Argentina 1,241 National currency per US dollar compare
  4. 4 Chile 951.33 National currency per US dollar compare
  5. 5 Cameroon 581.93 National currency per US dollar compare
  6. 5 Senegal 581.93 National currency per US dollar compare

See the full ranking of 68 places →

More reference data data for Latvia

All data for Latvia →

Frequently asked questions

What is annual purchasing power parities and exchange rates — exchange rates in Latvia?
Annual purchasing power parities and exchange rates — exchange rates in Latvia was 0.885 National currency per US dollar in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest annual purchasing power parities and exchange rates — exchange rates recorded in Latvia?
The highest recorded value was 1.05 National currency per US dollar in 1992.
What is the lowest annual purchasing power parities and exchange rates — exchange rates recorded in Latvia?
The lowest recorded value was 0.6841 National currency per US dollar in 2008.
How does Latvia rank for annual purchasing power parities and exchange rates — exchange rates?
Latvia ranks 2nd out of 6 regions with data for 2025.
Is annual purchasing power parities and exchange rates — exchange rates rising or falling in Latvia?
Over the last ten years it is down 1.8%. The long-run trend across the full record is flat.
Where does this Latvia data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Annual Purchasing Power Parities and exchange rates — Exchange rates, average. Statizoid updates them automatically from the source API.

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Annual Purchasing Power Parities and exchange rates — Exchange rates in Latvia. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://reference.statizoid.com/stat/annual-purchasing-power-parities-and-exchange-rates-exchange-rates-average/latvia-2/

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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