Annual Purchasing Power Parities and exchange rates — Exchange rates in Iceland
Iceland: Annual Purchasing Power Parities and exchange rates — Exchange rates was 125.2 National currency per US dollar in 2025. ◆ Volatile
Latest (2025)
125.2 National currency per US dollar
Change on year
down 9.4%
World rank
8th
of 43 countries
All-time high
142.04 National currency per US dollar
in 2022
All-time low
0.1632 National currency per US dollar
in 1950
Years of data
76
1950–2025
Annual Purchasing Power Parities and exchange rates — Exchange rates in Iceland, 1950–2025
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 Iceland stood at 125.2 National currency per US dollar.
The figure is down 9.4% on the previous year and down 3.4% over ten years.
Over the whole period, annual purchasing power parities and exchange rates — exchange rates in Iceland peaked at 142.04 National currency per US dollar in 2022 and was at its lowest, 0.1632 National currency per US dollar, in 1950.
That places Iceland 8th out of 43 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual Purchasing Power Parities and exchange rates — Exchange rates in Iceland, year by year
| Year | National currency per US dollar | Change |
|---|---|---|
| 1950 | 0.1632 National currency per US dollar | — |
| 1951 | 0.1632 National currency per US dollar | +0.0% |
| 1952 | 0.1632 National currency per US dollar | +0.0% |
| 1953 | 0.1632 National currency per US dollar | +0.0% |
| 1954 | 0.1632 National currency per US dollar | +0.0% |
| 1955 | 0.1632 National currency per US dollar | +0.0% |
| 1956 | 0.1632 National currency per US dollar | +0.0% |
| 1957 | 0.1632 National currency per US dollar | +0.0% |
| 1958 | 0.1632 National currency per US dollar | +0.0% |
| 1959 | 0.1632 National currency per US dollar | +0.0% |
| 1960 | 0.381 National currency per US dollar | +133.5% |
| 1961 | 0.4306 National currency per US dollar | +13.0% |
| 1962 | 0.4306 National currency per US dollar | +0.0% |
| 1963 | 0.4306 National currency per US dollar | +0.0% |
| 1964 | 0.4306 National currency per US dollar | +0.0% |
| 1965 | 0.4306 National currency per US dollar | +0.0% |
| 1966 | 0.4306 National currency per US dollar | +0.0% |
| 1967 | 0.5707 National currency per US dollar | +32.5% |
| 1968 | 0.881 National currency per US dollar | +54.4% |
| 1969 | 0.881 National currency per US dollar | +0.0% |
| 1970 | 0.881 National currency per US dollar | +0.0% |
| 1971 | 0.8742 National currency per US dollar | -0.8% |
| 1972 | 0.979 National currency per US dollar | +12.0% |
| 1973 | 0.84 National currency per US dollar | -14.2% |
| 1974 | 1.19 National currency per US dollar | +41.1% |
| 1975 | 1.71 National currency per US dollar | +44.1% |
| 1976 | 1.9 National currency per US dollar | +11.1% |
| 1977 | 2.13 National currency per US dollar | +12.3% |
| 1978 | 3.18 National currency per US dollar | +49.3% |
| 1979 | 3.95 National currency per US dollar | +24.1% |
| 1980 | 6.24 National currency per US dollar | +58.0% |
| 1981 | 8.17 National currency per US dollar | +31.0% |
| 1982 | 16.62 National currency per US dollar | +103.4% |
| 1983 | 28.67 National currency per US dollar | +72.5% |
| 1984 | 40.55 National currency per US dollar | +41.4% |
| 1985 | 42.06 National currency per US dollar | +3.7% |
| 1986 | 40.24 National currency per US dollar | -4.3% |
| 1987 | 35.66 National currency per US dollar | -11.4% |
| 1988 | 46.22 National currency per US dollar | +29.6% |
| 1989 | 61.17 National currency per US dollar | +32.3% |
| 1990 | 55.39 National currency per US dollar | -9.4% |
| 1991 | 55.62 National currency per US dollar | +0.4% |
| 1992 | 63.92 National currency per US dollar | +14.9% |
| 1993 | 72.73 National currency per US dollar | +13.8% |
| 1994 | 68.3 National currency per US dollar | -6.1% |
| 1995 | 65.23 National currency per US dollar | -4.5% |
| 1996 | 66.89 National currency per US dollar | +2.5% |
| 1997 | 72.18 National currency per US dollar | +7.9% |
| 1998 | 69.32 National currency per US dollar | -4.0% |
| 1999 | 72.55 National currency per US dollar | +4.7% |
| 2000 | 84.7 National currency per US dollar | +16.7% |
| 2001 | 102.95 National currency per US dollar | +21.5% |
| 2002 | 80.58 National currency per US dollar | -21.7% |
| 2003 | 70.99 National currency per US dollar | -11.9% |
| 2004 | 61.04 National currency per US dollar | -14.0% |
| 2005 | 62.98 National currency per US dollar | +3.2% |
| 2006 | 71.66 National currency per US dollar | +13.8% |
| 2007 | 61.85 National currency per US dollar | -13.7% |
| 2008 | 120.58 National currency per US dollar | +95.0% |
| 2009 | 124.9 National currency per US dollar | +3.6% |
| 2010 | 115.05 National currency per US dollar | -7.9% |
| 2011 | 122.71 National currency per US dollar | +6.7% |
| 2012 | 128.99 National currency per US dollar | +5.1% |
| 2013 | 115.55 National currency per US dollar | -10.4% |
| 2014 | 126.9 National currency per US dollar | +9.8% |
| 2015 | 129.59 National currency per US dollar | +2.1% |
| 2016 | 112.82 National currency per US dollar | -12.9% |
| 2017 | 104.42 National currency per US dollar | -7.4% |
| 2018 | 116.33 National currency per US dollar | +11.4% |
| 2019 | 121.1 National currency per US dollar | +4.1% |
| 2020 | 127.21 National currency per US dollar | +5.0% |
| 2021 | 130.38 National currency per US dollar | +2.5% |
| 2022 | 142.04 National currency per US dollar | +8.9% |
| 2023 | 136.2 National currency per US dollar | -4.1% |
| 2024 | 138.2 National currency per US dollar | +1.5% |
| 2025 | 125.2 National currency per US dollar | -9.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 0.1632 National currency per US dollar | 0.1632 National currency per US dollar | 0.1632 National currency per US dollar | 10 |
| 1960s | 0.5297 National currency per US dollar | 0.381 National currency per US dollar | 0.881 National currency per US dollar | 10 |
| 1970s | 1.76 National currency per US dollar | 0.84 National currency per US dollar | 3.95 National currency per US dollar | 10 |
| 1980s | 32.56 National currency per US dollar | 6.24 National currency per US dollar | 61.17 National currency per US dollar | 10 |
| 1990s | 66.21 National currency per US dollar | 55.39 National currency per US dollar | 72.73 National currency per US dollar | 10 |
| 2000s | 84.22 National currency per US dollar | 61.04 National currency per US dollar | 124.9 National currency per US dollar | 10 |
| 2010s | 119.35 National currency per US dollar | 104.42 National currency per US dollar | 129.59 National currency per US dollar | 10 |
| 2020s | 133.21 National currency per US dollar | 125.2 National currency per US dollar | 142.04 National currency per US dollar | 6 |
Countries ranked near Iceland
- 5 Costa Rica 498.6 National currency per US dollar compare
- 6 Hungary 328.42 National currency per US dollar compare
- 7 Japan 156.3 National currency per US dollar compare
- 9 Russian Federation 101.68 National currency per US dollar compare
- 10 India 89.92 National currency per US dollar compare
- 11 North Macedonia 52.3 National currency per US dollar compare
More reference data data for Iceland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0288 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0708 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1854 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1854 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0964 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.062 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2576 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7664 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0005 (2050)
Frequently asked questions
- What is annual purchasing power parities and exchange rates — exchange rates in Iceland?
- Annual purchasing power parities and exchange rates — exchange rates in Iceland was 125.2 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 Iceland?
- The highest recorded value was 142.04 National currency per US dollar in 2022.
- What is the lowest annual purchasing power parities and exchange rates — exchange rates recorded in Iceland?
- The lowest recorded value was 0.1632 National currency per US dollar in 1950.
- How does Iceland rank for annual purchasing power parities and exchange rates — exchange rates?
- Iceland ranks 8th out of 43 countries with data for 2025.
- Is annual purchasing power parities and exchange rates — exchange rates rising or falling in Iceland?
- Over the last ten years it is down 3.4%. The long-run trend across the full record is volatile.
- Where does this Iceland 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, end of period. 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