Euro area vs Iran, Islamic Republic of: Official exchange rate
Official exchange rate over time
- Euro area
- Iran, Islamic Republic of
How they compare
Iran, Islamic Republic of currently reports 42,000 LCU per US$, period average against 0.885 LCU per US$, period average in Euro area, a difference of 41,999 LCU per US$, period average.
Across all 25 years both countries report, Iran, Islamic Republic of has been ahead every year.
Euro area ranks 1st and Iran, Islamic Republic of ranks 2nd of 2 groups.
Iran, Islamic Republic of has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Euro area | Iran, Islamic Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.9383 LCU per US$, period average | 1,753 LCU per US$, period average | 1,752 LCU per US$, period average | Iran, Islamic Republic of |
| 2000s | 0.8672 LCU per US$, period average | 7,394 LCU per US$, period average | 7,393 LCU per US$, period average | Iran, Islamic Republic of |
| 2010s | 0.8187 LCU per US$, period average | 25,342 LCU per US$, period average | 25,341 LCU per US$, period average | Iran, Islamic Republic of |
| 2020s | 0.8989 LCU per US$, period average | 42,000 LCU per US$, period average | 41,999 LCU per US$, period average | Iran, Islamic Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Euro area or Iran, Islamic Republic of?
- Iran, Islamic Republic of, at 42,000 LCU per US$, period average against 0.885 LCU per US$, period average in Euro area as of 2023.
- What is the difference in official exchange rate between Euro area and Iran, Islamic Republic of?
- 41,999 LCU per US$, period average, with Iran, Islamic Republic of ahead.
- How many years of comparable data are there for Euro area and Iran, Islamic Republic of?
- 25 years are reported by both, from 1999 to 2023.
- How do Euro area and Iran, Islamic Republic of rank globally for official exchange rate?
- Euro area ranks 1st and Iran, Islamic Republic of ranks 2nd of 2 groups.
- 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.