Official exchange rate, LCU per USD, period average in Greenland
Greenland: Official exchange rate, LCU per USD, period average was 6.82 in 2017. ▼ Falling
Official exchange rate, LCU per USD, period average in Greenland, 1987–2017
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Greenland recorded 6.82 for official exchange rate, lcu per usd, period average in 2017.
That represents a change of up 1.3% on the previous year and up 25.2% over ten years.
Over the whole period, official exchange rate, lcu per usd, period average in Greenland peaked at 8.32 in 2001 and was at its lowest, 5.1, in 2008.
Greenland ranks 131st of 195 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Official exchange rate, LCU per USD, period average in Greenland, year by year
| Year | Value | Change |
|---|---|---|
| 1987 | 6.84 | — |
| 1988 | 6.73 | -1.6% |
| 1989 | 7.31 | +8.6% |
| 1990 | 6.19 | -15.3% |
| 1991 | 6.4 | +3.4% |
| 1992 | 6.04 | -5.6% |
| 1993 | 6.48 | +7.4% |
| 1994 | 6.36 | -1.9% |
| 1995 | 5.6 | -11.9% |
| 1996 | 5.8 | +3.5% |
| 1997 | 6.6 | +13.9% |
| 1998 | 6.7 | +1.5% |
| 1999 | 6.98 | +4.1% |
| 2000 | 8.08 | +15.9% |
| 2001 | 8.32 | +3.0% |
| 2002 | 7.89 | -5.1% |
| 2003 | 6.59 | -16.6% |
| 2004 | 5.99 | -9.1% |
| 2005 | 6 | +0.1% |
| 2006 | 5.95 | -0.8% |
| 2007 | 5.44 | -8.5% |
| 2008 | 5.1 | -6.3% |
| 2009 | 5.36 | +5.2% |
| 2010 | 5.62 | +4.9% |
| 2011 | 5.37 | -4.5% |
| 2012 | 5.79 | +7.9% |
| 2013 | 5.62 | -3.0% |
| 2014 | 5.61 | -0.1% |
| 2015 | 6.73 | +19.9% |
| 2016 | 6.73 | +0.1% |
| 2017 | 6.82 | +1.3% |
Greenland compared with similar countries
- Greenland's 6.82 is above the median for high income countries, which is 4.1, 1.7× the median. (70 countries reporting)
- Greenland's 6.82 is below the median for Europe & Central Asia, which is 9.49, 72% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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 | 6.04 | 5.37 | 6.82 | 8 |
Countries ranked near Greenland
More reference data data for Greenland
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 0.0986 (2019)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0.0041 (2019)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0.1141 (2019)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0004 (2019)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 0.2128 (2019)
- Annual precipitation, annual growth rate 7.26 % change on previous year (2025)
- Seafood production: wild fish catch vs. aquaculture, per unit of GDP 0 metric tons per US$ of GDP (2023)
- Seafood production: wild fish catch vs. aquaculture, per capita 0.0005 metric tons per person (2024)
- Share of men expected to survive to the age of 65 68.7% (2024)
- Wealth share of the richest 1% 27.3% (2024)
Frequently asked questions
- What is official exchange rate, lcu per usd, period average in Greenland?
- Official exchange rate, lcu per usd, period average in Greenland was 6.82 in 2017, 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 Greenland?
- The highest recorded value was 8.32 in 2001.
- What is the lowest official exchange rate, lcu per usd, period average recorded in Greenland?
- The lowest recorded value was 5.1 in 2008.
- How does Greenland rank for official exchange rate, lcu per usd, period average?
- Greenland ranks 131st out of 195 countries with data for 2017.
- Is official exchange rate, lcu per usd, period average rising or falling in Greenland?
- Over the last ten years it is up 25.2%. The long-run trend across the full record is falling.
- Where does this Greenland 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
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).