Exchange rate, new LCU per USD extended backward, period average in Iceland

Iceland: Exchange rate, new LCU per USD extended backward, period average was 123.91 in 2026. ▲ Rising

Latest (2026)
123.91
Change on year
down 3.5%
World rank
64th
of 181 countries
All-time high
137.96
in 2024
All-time low
41.03
in 1987
Years of data
40
1987–2026

Exchange rate, new LCU per USD extended backward, period average in Iceland, 1987–2026

4060801001201401987200620261987: 411988: 45.61989: 60.51990: 61.81991: 62.61992: 60.71993: 67.71994: 701995: 64.71996: 66.51997: 70.81998: 711999: 72.42000: 78.82001: 97.72002: 91.62003: 76.72004: 70.22005: 62.92006: 69.92007: 64.12008: 88.12009: 123.72010: 122.22011: 1162012: 125.12013: 122.22014: 116.72015: 131.82016: 120.92017: 106.82018: 108.22019: 122.62020: 135.32021: 1272022: 135.32023: 137.92024: 1382025: 128.42026: 123.9

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

Iceland recorded 123.91 for exchange rate, new lcu per usd extended backward, period average in 2026.

That represents a change of down 3.5% on the previous year and up 2.5% over ten years.

Over the whole period, exchange rate, new lcu per usd extended backward, period average in Iceland peaked at 137.96 in 2024 and was at its lowest, 41.03, in 1987.

That places Iceland 64th out of 181 countries with data for 2026, putting it in the middle of the range.

The long-run direction has been consistently rising across the 40 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 49.06 41.03 60.51 3
1990s 66.82 60.74 72.39 10
2000s 82.36 62.88 123.67 10
2010s 119.24 106.76 131.79 10
2020s 132.25 123.91 137.96 7

Countries ranked near Iceland

  1. 61 Haiti 131.04 compare
  2. 62 Algeria 130.36 compare
  3. 63 Kenya 129.12 compare
  4. 65 Bangladesh 122.37 compare
  5. 66 Vanuatu 119.66 compare
  6. 67 Venezuela 118.47 compare

See the full ranking of 192 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is exchange rate, new lcu per usd extended backward, period average in Iceland?
Exchange rate, new lcu per usd extended backward, period average in Iceland was 123.91 in 2026, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest exchange rate, new lcu per usd extended backward, period average recorded in Iceland?
The highest recorded value was 137.96 in 2024.
What is the lowest exchange rate, new lcu per usd extended backward, period average recorded in Iceland?
The lowest recorded value was 41.03 in 1987.
How does Iceland rank for exchange rate, new lcu per usd extended backward, period average?
Iceland ranks 64th out of 181 countries with data for 2026.
Is exchange rate, new lcu per usd extended backward, period average rising or falling in Iceland?
Over the last ten years it is up 2.5%. The long-run trend across the full record is rising.
Where does this Iceland data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Exchange rate, new LCU per USD extended backward, period average. Statizoid updates them automatically from the source API.

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About this data

Indicator
Exchange rate, new LCU per USD extended backward, period average
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 7,481 data points, 1987–2026
Last refreshed

Local currency units (LCU) per U.S. dollar, with values prior to the currency's introduction presented in the new currency's terms