China vs Faroe Islands: Official exchange rate
Official exchange rate over time
- China
- Faroe Islands
How they compare
China currently reports 7.19 LCU per US$, period average against 6.62 LCU per US$, period average in Faroe Islands, a difference of 0.57 LCU per US$, period average.
That makes China's figure about 1.1 times Faroe Islands's.
The two have swapped places 7 times across 66 shared years of data; in 1960 it was Faroe Islands ahead.
China ranks 116th and Faroe Islands ranks 119th of 213 countries.
Across the 7 decades both report, China averaged higher in 4 and Faroe Islands in 3.
Head to head by decade
| Decade | China | Faroe Islands | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2.46 LCU per US$, period average | 7.03 LCU per US$, period average | 4.57 LCU per US$, period average | Faroe Islands |
| 1970s | 2 LCU per US$, period average | 6.26 LCU per US$, period average | 4.26 LCU per US$, period average | Faroe Islands |
| 1980s | 2.7 LCU per US$, period average | 8.02 LCU per US$, period average | 5.32 LCU per US$, period average | Faroe Islands |
| 1990s | 7.15 LCU per US$, period average | 6.31 LCU per US$, period average | 0.8366 LCU per US$, period average | China |
| 2000s | 7.89 LCU per US$, period average | 6.47 LCU per US$, period average | 1.42 LCU per US$, period average | China |
| 2010s | 6.5 LCU per US$, period average | 6.11 LCU per US$, period average | 0.3978 LCU per US$, period average | China |
| 2020s | 6.93 LCU per US$, period average | 6.72 LCU per US$, period average | 0.2078 LCU per US$, period average | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, China or Faroe Islands?
- China, at 7.19 LCU per US$, period average against 6.62 LCU per US$, period average in Faroe Islands as of 2025.
- What is the difference in official exchange rate between China and Faroe Islands?
- 0.57 LCU per US$, period average, with China ahead.
- How many years of comparable data are there for China and Faroe Islands?
- 66 years are reported by both, from 1960 to 2025.
- How do China and Faroe Islands rank globally for official exchange rate?
- China ranks 116th and Faroe Islands ranks 119th of 213 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, 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.