Annual Purchasing Power: Exchange rates, average in Latvia
Latvia: Annual Purchasing Power: Exchange rates, average was 0.885 National currency per US dollar in 2025. ▬ Flat
Annual Purchasing Power Parities and exchange rates — Exchange rates in Latvia, 1992–2025
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.
Annual Purchasing Power: Exchange rates, average in Latvia, year by year
| Year | National currency per US dollar | Change |
|---|---|---|
| 1992 | 1.05 National currency per US dollar | — |
| 1993 | 0.9609 National currency per US dollar | -8.3% |
| 1994 | 0.7965 National currency per US dollar | -17.1% |
| 1995 | 0.7507 National currency per US dollar | -5.7% |
| 1996 | 0.7836 National currency per US dollar | +4.4% |
| 1997 | 0.8266 National currency per US dollar | +5.5% |
| 1998 | 0.8393 National currency per US dollar | +1.5% |
| 1999 | 0.8326 National currency per US dollar | -0.8% |
| 2000 | 0.863 National currency per US dollar | +3.6% |
| 2001 | 0.8934 National currency per US dollar | +3.5% |
| 2002 | 0.8796 National currency per US dollar | -1.5% |
| 2003 | 0.8131 National currency per US dollar | -7.6% |
| 2004 | 0.7687 National currency per US dollar | -5.5% |
| 2005 | 0.8035 National currency per US dollar | +4.5% |
| 2006 | 0.7974 National currency per US dollar | -0.8% |
| 2007 | 0.7311 National currency per US dollar | -8.3% |
| 2008 | 0.6841 National currency per US dollar | -6.4% |
| 2009 | 0.7193 National currency per US dollar | +5.1% |
| 2010 | 0.7548 National currency per US dollar | +4.9% |
| 2011 | 0.7132 National currency per US dollar | -5.5% |
| 2012 | 0.7781 National currency per US dollar | +9.1% |
| 2013 | 0.7533 National currency per US dollar | -3.2% |
| 2014 | 0.7527 National currency per US dollar | -0.1% |
| 2015 | 0.9013 National currency per US dollar | +19.7% |
| 2016 | 0.9034 National currency per US dollar | +0.2% |
| 2017 | 0.8852 National currency per US dollar | -2.0% |
| 2018 | 0.8468 National currency per US dollar | -4.3% |
| 2019 | 0.8933 National currency per US dollar | +5.5% |
| 2020 | 0.8755 National currency per US dollar | -2.0% |
| 2021 | 0.8455 National currency per US dollar | -3.4% |
| 2022 | 0.9496 National currency per US dollar | +12.3% |
| 2023 | 0.9248 National currency per US dollar | -2.6% |
| 2024 | 0.9239 National currency per US dollar | -0.1% |
| 2025 | 0.885 National currency per US dollar | -4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | 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 Madagascar 4,530 National currency per US dollar compare
- 1 Indonesia 16,478 National currency per US dollar compare
- 1 Türkiye 39.45 National currency per US dollar compare
- 2 Poland 3.76 National currency per US dollar compare
- 2 Colombia 4,053 National currency per US dollar compare
- 3 Netherlands 0.885 National currency per US dollar compare
- 3 Slovenia 0.885 National currency per US dollar compare
- 3 Lithuania 0.885 National currency per US dollar compare
- 3 Estonia 0.885 National currency per US dollar compare
- 3 Cabo Verde 97.86 National currency per US dollar compare
- 3 Argentina 1,241 National currency per US dollar compare
- 4 Croatia 0.885 National currency per US dollar compare
- 4 Chile 951.33 National currency per US dollar compare
- 5 Cameroon 581.93 National currency per US dollar compare
- 5 Senegal 581.93 National currency per US dollar compare
More reference data data for Latvia
- Cooling and heating degree days by NUTS 2 regions - annual data 4.98 % change on previous year (2025)
- Cooling and heating degree days by NUTS 2 regions - monthly data -2.4 % change on previous year (2025)
- Exposure to extreme precipitation — Annual precipitation change 65.46 Millimetres per year (2023)
- Exposure to extreme temperature — Annual temperature change 1.43 Degrees celsius (2023)
- Cooling and heating degree days by NUTS 3 region - monthly data 505.67 (2025)
- Cooling and heating degree days by NUTS 3 region - annual data 3,617 (2025)
- IPAC Dashboard indicators — Geothermal 0 Index (2025)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 4.99 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 19.46 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 41.31 Percentage of GDP (2022)
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 3rd out of 10 countries 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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About this data
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