Official exchange rate in Iran
Iran: Official exchange rate was 42,000 LCU per US$, period average in 2023. ◆ Volatile
Official exchange rate in Iran, 1960–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.
Analysis
The most recent figure for official exchange rate in Iran is 42,000 LCU per US$, period average, measured in 2023. That is the highest value across all 64 years on record.
The figure is up 128.1% over ten years.
Over the whole period, official exchange rate in Iran peaked at 42,000 LCU per US$, period average in 2019 and was at its lowest, 65.57 LCU per US$, period average, in 1992.
That places Iran 2nd out of 214 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 75.75 LCU per US$, period average | 75.75 LCU per US$, period average | 75.75 LCU per US$, period average | 10 |
| 1970s | 71.33 LCU per US$, period average | 67.64 LCU per US$, period average | 75.75 LCU per US$, period average | 10 |
| 1980s | 79.11 LCU per US$, period average | 68.7 LCU per US$, period average | 91.07 LCU per US$, period average | 10 |
| 1990s | 1,198 LCU per US$, period average | 65.57 LCU per US$, period average | 1,753 LCU per US$, period average | 10 |
| 2000s | 7,394 LCU per US$, period average | 1,754 LCU per US$, period average | 9,864 LCU per US$, period average | 10 |
| 2010s | 25,342 LCU per US$, period average | 10,254 LCU per US$, period average | 42,000 LCU per US$, period average | 10 |
| 2020s | 42,000 LCU per US$, period average | 42,000 LCU per US$, period average | 42,000 LCU per US$, period average | 4 |
Countries ranked near Iran
More financial sector data for Iran
- Net migration 116,786 (2025)
- Total reserves in months of imports 5.82 (1982)
- Net domestic credit 10,211.70 trillion current LCU (2016)
- Domestic credit to private sector by banks 57.8% (2016)
- Broad money 79.1% (2016)
- Net foreign assets 2,473.74 trillion current LCU (2016)
- Monetary Sector credit to private sector 57.8% (2016)
- Domestic credit to private sector 57.8% (2016)
- Claims on central government, etc. 8.2% (2016)
- Claims on central government 5.7% (2016)
Frequently asked questions
- What is official exchange rate in Iran?
- Official exchange rate in Iran was 42,000 LCU per US$, period average in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest official exchange rate recorded in Iran?
- The highest recorded value was 42,000 LCU per US$, period average in 2019.
- What is the lowest official exchange rate recorded in Iran?
- The lowest recorded value was 65.57 LCU per US$, period average in 1992.
- How does Iran rank for official exchange rate?
- Iran ranks 2nd out of 214 countries with data for 2023.
- Is official exchange rate rising or falling in Iran?
- Over the last ten years it is up 128.1%. The long-run trend across the full record is volatile.
- Where does this Iran data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, 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. This indicator represents the ratio of Local Currency Units relative to United States dollars.This indicator is derived as an average over the reference period.