Official exchange rate, LCU per USD, period average in Faroe Islands

Faroe Islands: Official exchange rate, LCU per USD, period average was 6.66 in 2025. ▬ Flat

Latest (2025)
6.66
Change on year
down 3.4%
World rank
131st
of 193 countries
All-time high
8.32
in 2001
All-time low
5.1
in 2008
Years of data
39
1987–2025

Official exchange rate, LCU per USD, period average in Faroe Islands, 1987–2025

024681987200620251987: 6.81988: 6.71989: 7.31990: 6.21991: 6.41992: 61993: 6.51994: 6.41995: 5.61996: 5.81997: 6.61998: 6.71999: 72000: 8.12001: 8.32002: 7.92003: 6.62004: 62005: 62006: 5.92007: 5.42008: 5.12009: 5.42010: 5.62011: 5.42012: 5.82013: 5.62014: 5.62015: 6.72016: 6.72017: 6.62018: 6.32019: 6.72020: 6.52021: 6.32022: 7.12023: 6.92024: 6.92025: 6.7

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

Analysis

The most recent figure for official exchange rate, lcu per usd, period average in Faroe Islands is 6.66, measured in 2025.

The figure is down 3.4% on the previous year and down 1.0% over ten years.

Over the whole period, official exchange rate, lcu per usd, period average in Faroe Islands peaked at 8.32 in 2001 and was at its lowest, 5.1, in 2008.

That places Faroe Islands 131st out of 193 countries with data for 2025, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1980s 6.96 6.73 7.31 3
1990s 6.31 5.6 6.98 10
2000s 6.47 5.1 8.32 10
2010s 6.11 5.37 6.73 10
2020s 6.73 6.29 7.08 6

Countries ranked near Faroe Islands

  1. 128 Bolivia 6.88 compare
  2. 129 Greenland 6.82 compare
  3. 130 Trinidad and Tobago 6.74 compare
  4. 132 Croatia 6.44 compare
  5. 133 Denmark 6.38 compare
  6. 134 France 5.6 compare

See the full ranking of 194 places →

More reference data data for Faroe Islands

All data for Faroe Islands →

Frequently asked questions

What is official exchange rate, lcu per usd, period average in Faroe Islands?
Official exchange rate, lcu per usd, period average in Faroe Islands was 6.66 in 2025, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest official exchange rate, lcu per usd, period average recorded in Faroe Islands?
The highest recorded value was 8.32 in 2001.
What is the lowest official exchange rate, lcu per usd, period average recorded in Faroe Islands?
The lowest recorded value was 5.1 in 2008.
How does Faroe Islands rank for official exchange rate, lcu per usd, period average?
Faroe Islands ranks 131st out of 193 countries with data for 2025.
Is official exchange rate, lcu per usd, period average rising or falling in Faroe Islands?
Over the last ten years it is down 1.0%. The long-run trend across the full record is flat.
Where does this Faroe Islands data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Official exchange rate, LCU per USD, period average. Statizoid updates them automatically from the source API.

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About this data

Indicator
Official exchange rate, LCU per USD, 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
194 places, 7,533 data points, 1987–2026
Last refreshed

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).