Cyprus vs Latvia: Official exchange rate

Cyprus
0.885 LCU per US$, period average
in 2025
Latvia
0.885 LCU per US$, period average
in 2025
Cyprus rank
181st
Latvia rank
181st

Official exchange rate over time

  • Cyprus
  • Latvia
00.20.40.60.81196019922025

How they compare

Cyprus currently reports 0.885 LCU per US$, period average against 0.885 LCU per US$, period average in Latvia, a difference of 0 LCU per US$, period average.

The two have swapped places 4 times across 34 shared years of data; in 1992 it was Latvia ahead.

Cyprus ranks 181st and Latvia ranks 181st of 213 countries.

Across the 4 decades both report, Cyprus averaged higher in 2 and Latvia in 1.

Head to head by decade

Decade Cyprus Latvia Difference Ahead
1990s 0.4916 LCU per US$, period average 0.6007 LCU per US$, period average 0.1092 LCU per US$, period average Latvia
2000s 0.5608 LCU per US$, period average 0.559 LCU per US$, period average 0.0019 LCU per US$, period average Cyprus
2010s 0.8187 LCU per US$, period average 0.7291 LCU per US$, period average 0.0896 LCU per US$, period average Cyprus
2020s 0.9007 LCU per US$, period average 0.9007 LCU per US$, period average 0 LCU per US$, period average

Averages of every year both report within each decade.

Frequently asked questions

Which has higher official exchange rate, Cyprus or Latvia?
Cyprus, at 0.885 LCU per US$, period average against 0.885 LCU per US$, period average in Latvia as of 2025.
What is the difference in official exchange rate between Cyprus and Latvia?
0 LCU per US$, period average, with Cyprus ahead.
How many years of comparable data are there for Cyprus and Latvia?
34 years are reported by both, from 1992 to 2025.
How do Cyprus and Latvia rank globally for official exchange rate?
Cyprus ranks 181st and Latvia ranks 181st of 213 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, period average). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cyprus vs Latvia: Official exchange rate. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 24 August 2026, from https://financial-sector.statizoid.com/compare/official-exchange-rate-lcu-per-us-period-average/cyprus/latvia/

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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.