Official exchange rate, LCU per USD, period average in Latvia
Latvia: Official exchange rate, LCU per USD, period average was 0.6046 in 2026. ▬ Flat
Official exchange rate, LCU per USD, period average in Latvia, 1992–2026
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Latvia recorded 0.6046 for official exchange rate, lcu per usd, period average in 2026.
The figure is down 3.0% on the previous year and down 4.9% over ten years.
Over the whole period, official exchange rate, lcu per usd, period average in Latvia peaked at 0.6931 in 1992 and was at its lowest, 0.4804, in 2008.
Latvia ranks 190th of 195 countries on this measure, in the bottom quarter.
Official exchange rate, LCU per USD, period average in Latvia, year by year
| Year | Value | Change |
|---|---|---|
| 1992 | 0.6931 | — |
| 1993 | 0.6828 | -1.5% |
| 1994 | 0.5655 | -17.2% |
| 1995 | 0.5351 | -5.4% |
| 1996 | 0.5515 | +3.1% |
| 1997 | 0.5808 | +5.3% |
| 1998 | 0.5898 | +1.5% |
| 1999 | 0.5864 | -0.6% |
| 2000 | 0.606 | +3.3% |
| 2001 | 0.6267 | +3.4% |
| 2002 | 0.6173 | -1.5% |
| 2003 | 0.5666 | -8.2% |
| 2004 | 0.5352 | -5.5% |
| 2005 | 0.5603 | +4.7% |
| 2006 | 0.5549 | -1.0% |
| 2007 | 0.5115 | -7.8% |
| 2008 | 0.4804 | -6.1% |
| 2009 | 0.5077 | +5.7% |
| 2010 | 0.5352 | +5.4% |
| 2011 | 0.5078 | -5.1% |
| 2012 | 0.5425 | +6.8% |
| 2013 | 0.5283 | -2.6% |
| 2014 | 0.5298 | +0.3% |
| 2015 | 0.6331 | +19.5% |
| 2016 | 0.6356 | +0.4% |
| 2017 | 0.6233 | -1.9% |
| 2018 | 0.5952 | -4.5% |
| 2019 | 0.6277 | +5.5% |
| 2020 | 0.6167 | -1.8% |
| 2021 | 0.594 | -3.7% |
| 2022 | 0.6684 | +12.5% |
| 2023 | 0.6499 | -2.8% |
| 2024 | 0.6497 | -0.0% |
| 2025 | 0.6235 | -4.0% |
| 2026 | 0.6046 | -3.0% |
Latvia compared with similar countries
- Latvia's 0.6046 is below the median for high income countries, which is 4.1, 15% of the median. (70 countries reporting)
- Latvia's 0.6046 is below the median for Europe & Central Asia, which is 9.49, 6% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5981 | 0.5351 | 0.6931 | 8 |
| 2000s | 0.5567 | 0.4804 | 0.6267 | 10 |
| 2010s | 0.5759 | 0.5078 | 0.6356 | 10 |
| 2020s | 0.6295 | 0.594 | 0.6684 | 7 |
Countries ranked near Latvia
More reference data data for Latvia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.128 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0503 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4657 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0673 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4657 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4291 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2986 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.2679 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.27 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3666 (2050)
Frequently asked questions
- What is official exchange rate, lcu per usd, period average in Latvia?
- Official exchange rate, lcu per usd, period average in Latvia was 0.6046 in 2026, 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 Latvia?
- The highest recorded value was 0.6931 in 1992.
- What is the lowest official exchange rate, lcu per usd, period average recorded in Latvia?
- The lowest recorded value was 0.4804 in 2008.
- How does Latvia rank for official exchange rate, lcu per usd, period average?
- Latvia ranks 190th out of 195 countries with data for 2026.
- Is official exchange rate, lcu per usd, period average rising or falling in Latvia?
- Over the last ten years it is down 4.9%. The long-run trend across the full record is flat.
- Where does this Latvia 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).