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Official exchange rate in Latvia

Latvia: Official exchange rate was 0.885 LCU per US$, period average in 2025. ▲ Rising

Latest (2025)
0.885 LCU per US$, period average
Change on year
down 4.2%
World rank
181st
of 214 countries
All-time high
0.9496 LCU per US$, period average
in 2022
All-time low
0.4808 LCU per US$, period average
in 2008
Years of data
34
1992–2025

Official exchange rate in Latvia, 1992–2025

00.20.40.60.811992200820251992: 0.736 LCU per US$, period average1993: 0.675 LCU per US$, period average1994: 0.56 LCU per US$, period average1995: 0.528 LCU per US$, period average1996: 0.551 LCU per US$, period average1997: 0.581 LCU per US$, period average1998: 0.59 LCU per US$, period average1999: 0.585 LCU per US$, period average2000: 0.607 LCU per US$, period average2001: 0.628 LCU per US$, period average2002: 0.618 LCU per US$, period average2003: 0.571 LCU per US$, period average2004: 0.54 LCU per US$, period average2005: 0.565 LCU per US$, period average2006: 0.56 LCU per US$, period average2007: 0.514 LCU per US$, period average2008: 0.481 LCU per US$, period average2009: 0.506 LCU per US$, period average2010: 0.53 LCU per US$, period average2011: 0.501 LCU per US$, period average2012: 0.547 LCU per US$, period average2013: 0.529 LCU per US$, period average2014: 0.753 LCU per US$, period average2015: 0.901 LCU per US$, period average2016: 0.903 LCU per US$, period average2017: 0.885 LCU per US$, period average2018: 0.847 LCU per US$, period average2019: 0.893 LCU per US$, period average2020: 0.876 LCU per US$, period average2021: 0.845 LCU per US$, period average2022: 0.95 LCU per US$, period average2023: 0.925 LCU per US$, period average2024: 0.924 LCU per US$, period average2025: 0.885 LCU per US$, period average

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.

Analysis

Latvia recorded 0.885 LCU per US$, period average for official exchange rate in 2025.

The figure is down 4.2% on the previous year and down 1.8% over ten years.

Over the whole period, official exchange rate in Latvia peaked at 0.9496 LCU per US$, period average in 2022 and was at its lowest, 0.4808 LCU per US$, period average, in 2008.

That places Latvia 181st out of 214 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 34 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.6007 LCU per US$, period average 0.5276 LCU per US$, period average 0.7365 LCU per US$, period average 8
2000s 0.559 LCU per US$, period average 0.4808 LCU per US$, period average 0.6279 LCU per US$, period average 10
2010s 0.7291 LCU per US$, period average 0.5012 LCU per US$, period average 0.9034 LCU per US$, period average 10
2020s 0.9007 LCU per US$, period average 0.8455 LCU per US$, period average 0.9496 LCU per US$, period average 6

Countries ranked near Latvia

  1. 181 Austria 0.885 LCU per US$, period average compare
  2. 181 Belgium 0.885 LCU per US$, period average compare
  3. 181 Croatia 0.885 LCU per US$, period average compare
  4. 181 Cyprus 0.885 LCU per US$, period average compare
  5. 181 Estonia 0.885 LCU per US$, period average compare
  6. 181 Finland 0.885 LCU per US$, period average compare
  7. 181 France 0.885 LCU per US$, period average compare
  8. 181 Germany 0.885 LCU per US$, period average compare
  9. 181 Greece 0.885 LCU per US$, period average compare
  10. 181 Ireland 0.885 LCU per US$, period average compare
  11. 181 Italy 0.885 LCU per US$, period average compare
  12. 181 Lithuania 0.885 LCU per US$, period average compare
  13. 181 Luxembourg 0.885 LCU per US$, period average compare
  14. 181 Malta 0.885 LCU per US$, period average compare
  15. 181 Monaco 0.885 LCU per US$, period average compare
  16. 181 Netherlands 0.885 LCU per US$, period average compare
  17. 181 Portugal 0.885 LCU per US$, period average compare
  18. 181 Slovakia 0.885 LCU per US$, period average compare
  19. 181 Slovenia 0.885 LCU per US$, period average compare
  20. 181 Spain 0.885 LCU per US$, period average compare
  21. 181 Saint Martin (French part) 0.885 LCU per US$, period average compare

See the full ranking of 215 places →

More financial sector data for Latvia

All data for Latvia →

Frequently asked questions

What is official exchange rate in Latvia?
Official exchange rate in Latvia was 0.885 LCU per US$, period average in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest official exchange rate recorded in Latvia?
The highest recorded value was 0.9496 LCU per US$, period average in 2022.
What is the lowest official exchange rate recorded in Latvia?
The lowest recorded value was 0.4808 LCU per US$, period average in 2008.
How does Latvia rank for official exchange rate?
Latvia ranks 181st out of 214 countries with data for 2025.
Is official exchange rate rising or falling in Latvia?
Over the last ten years it is down 1.8%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.

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About this data

Indicator
Official exchange rate (LCU per US$, period average)
Unit
LCU per US$, period average
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 12,630 data points, 1960–2025
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. 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.