DEC alternative conversion factor in Iceland
Iceland: DEC alternative conversion factor was 128.44 LCU per US$ in 2025. ◆ Volatile
DEC alternative conversion factor in Iceland, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$.
Analysis
In 2025, dec alternative conversion factor in Iceland stood at 128.44 LCU per US$.
That represents a change of down 6.9% on the previous year and down 2.6% over ten years.
Over the whole period, dec alternative conversion factor in Iceland peaked at 137.96 LCU per US$ in 2024 and was at its lowest, 0.3619 LCU per US$, in 1960.
That places Iceland 61st out of 214 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.4856 LCU per US$ | 0.3619 LCU per US$ | 0.88 LCU per US$ | 10 |
| 1970s | 1.61 LCU per US$ | 0.88 LCU per US$ | 3.53 LCU per US$ | 10 |
| 1980s | 30.23 LCU per US$ | 4.8 LCU per US$ | 57.04 LCU per US$ | 10 |
| 1990s | 65.78 LCU per US$ | 57.55 LCU per US$ | 72.34 LCU per US$ | 10 |
| 2000s | 82.34 LCU per US$ | 62.98 LCU per US$ | 123.64 LCU per US$ | 10 |
| 2010s | 119.27 LCU per US$ | 106.84 LCU per US$ | 131.92 LCU per US$ | 10 |
| 2020s | 133.67 LCU per US$ | 126.99 LCU per US$ | 137.96 LCU per US$ | 6 |
Countries ranked near Iceland
More economy & growth data for Iceland
- Net secondary income (Net current transfers from abroad) -52.84 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -383.05 million current US$ (2024)
- Taxes less subsidies on products 498.69 billion current LCU (2025)
- Taxes less subsidies on products 3.88 billion current US$ (2025)
- Net primary income (Net income from abroad) -40.83 billion current LCU (2024)
- Net primary income (Net income from abroad) -295.94 million current US$ (2024)
- GNI per capita 12.60 million current LCU (2025)
- GNI per capita, Atlas method 89,220 current US$ (2025)
- GNI 4.94 trillion current LCU (2025)
- GNI 38.50 billion current US$ (2025)
Frequently asked questions
- What is dec alternative conversion factor in Iceland?
- Dec alternative conversion factor in Iceland was 128.44 LCU per US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest dec alternative conversion factor recorded in Iceland?
- The highest recorded value was 137.96 LCU per US$ in 2024.
- What is the lowest dec alternative conversion factor recorded in Iceland?
- The lowest recorded value was 0.3619 LCU per US$ in 1960.
- How does Iceland rank for dec alternative conversion factor?
- Iceland ranks 61st out of 214 countries with data for 2025.
- Is dec alternative conversion factor rising or falling in Iceland?
- Over the last ten years it is down 2.6%. The long-run trend across the full record is volatile.
- Where does this Iceland data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.
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About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.