Norway vs Sweden: Official exchange rate
Official exchange rate over time
- Norway
- Sweden
How they compare
Norway currently reports 10.4 LCU per US$, period average against 9.82 LCU per US$, period average in Sweden, a difference of 0.58 LCU per US$, period average.
That makes Norway's figure about 1.1 times Sweden's.
The two have swapped places 6 times across 66 shared years of data; in 1960 it was Norway ahead.
Norway ranks 107th and Sweden ranks 110th of 213 countries.
Across the 7 decades both report, Norway averaged higher in 4 and Sweden in 3.
Head to head by decade
| Decade | Norway | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 7.14 LCU per US$, period average | 5.17 LCU per US$, period average | 1.97 LCU per US$, period average | Norway |
| 1970s | 5.84 LCU per US$, period average | 4.57 LCU per US$, period average | 1.27 LCU per US$, period average | Norway |
| 1980s | 6.87 LCU per US$, period average | 6.62 LCU per US$, period average | 0.2585 LCU per US$, period average | Norway |
| 1990s | 6.83 LCU per US$, period average | 7.1 LCU per US$, period average | 0.2664 LCU per US$, period average | Sweden |
| 2000s | 7.02 LCU per US$, period average | 8.05 LCU per US$, period average | 1.03 LCU per US$, period average | Sweden |
| 2010s | 7.13 LCU per US$, period average | 7.75 LCU per US$, period average | 0.6236 LCU per US$, period average | Sweden |
| 2020s | 9.89 LCU per US$, period average | 9.82 LCU per US$, period average | 0.0709 LCU per US$, period average | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Norway or Sweden?
- Norway, at 10.4 LCU per US$, period average against 9.82 LCU per US$, period average in Sweden as of 2025.
- What is the difference in official exchange rate between Norway and Sweden?
- 0.58 LCU per US$, period average, with Norway ahead.
- How many years of comparable data are there for Norway and Sweden?
- 66 years are reported by both, from 1960 to 2025.
- How do Norway and Sweden rank globally for official exchange rate?
- Norway ranks 107th and Sweden ranks 110th of 213 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Official exchange rate (LCU per US$, 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.