Bangladesh vs Iceland: Official exchange rate
Official exchange rate over time
- Bangladesh
- Iceland
How they compare
Iceland currently reports 128.44 LCU per US$, period average against 121.92 LCU per US$, period average in Bangladesh, a difference of 6.52 LCU per US$, period average.
That makes Iceland's figure about 1.1 times Bangladesh's.
The two have swapped places 5 times across 55 shared years of data; in 1971 it was Bangladesh ahead.
Bangladesh ranks 63rd and Iceland ranks 62nd of 215 countries.
Across the 6 decades both report, Bangladesh averaged higher in 1 and Iceland in 5.
Head to head by decade
| Decade | Bangladesh | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 11.69 LCU per US$, period average | 1.69 LCU per US$, period average | 9.99 LCU per US$, period average | Bangladesh |
| 1980s | 25.89 LCU per US$, period average | 30.23 LCU per US$, period average | 4.34 LCU per US$, period average | Iceland |
| 1990s | 41.19 LCU per US$, period average | 65.78 LCU per US$, period average | 24.59 LCU per US$, period average | Iceland |
| 2000s | 62.33 LCU per US$, period average | 82.34 LCU per US$, period average | 20.01 LCU per US$, period average | Iceland |
| 2010s | 78.62 LCU per US$, period average | 119.27 LCU per US$, period average | 40.65 LCU per US$, period average | Iceland |
| 2020s | 100.92 LCU per US$, period average | 133.67 LCU per US$, period average | 32.75 LCU per US$, period average | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Bangladesh or Iceland?
- Iceland, at 128.44 LCU per US$, period average against 121.92 LCU per US$, period average in Bangladesh as of 2025.
- What is the difference in official exchange rate between Bangladesh and Iceland?
- 6.52 LCU per US$, period average, with Iceland ahead.
- How many years of comparable data are there for Bangladesh and Iceland?
- 55 years are reported by both, from 1971 to 2025.
- How do Bangladesh and Iceland rank globally for official exchange rate?
- Bangladesh ranks 63rd and Iceland ranks 62nd of 215 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, period average). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.