Norway vs Venezuela, Bolivarian Republic of: Official exchange rate
Official exchange rate over time
- Norway
- Venezuela, Bolivarian Republic of
How they compare
Norway currently reports 10.4 LCU per US$, period average against 9.97 LCU per US$, period average in Venezuela, Bolivarian Republic of, a difference of 0.43 LCU per US$, period average.
The two have swapped places 3 times across 58 shared years of data; in 1960 it was Norway ahead.
Norway ranks 107th and Venezuela, Bolivarian Republic of ranks 109th of 213 countries.
Norway has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Norway | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 7.14 LCU per US$, period average | 0.004 LCU per US$, period average | 7.14 LCU per US$, period average | Norway |
| 1970s | 5.84 LCU per US$, period average | 0.0043 LCU per US$, period average | 5.84 LCU per US$, period average | Norway |
| 1980s | 6.87 LCU per US$, period average | 0.0103 LCU per US$, period average | 6.86 LCU per US$, period average | Norway |
| 1990s | 6.83 LCU per US$, period average | 0.2646 LCU per US$, period average | 6.57 LCU per US$, period average | Norway |
| 2000s | 7.02 LCU per US$, period average | 1.67 LCU per US$, period average | 5.35 LCU per US$, period average | Norway |
| 2010s | 6.8 LCU per US$, period average | 6.13 LCU per US$, period average | 0.6712 LCU per US$, period average | Norway |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher official exchange rate, Norway or Venezuela, Bolivarian Republic of?
- Norway, at 10.4 LCU per US$, period average against 9.97 LCU per US$, period average in Venezuela, Bolivarian Republic of as of 2025.
- What is the difference in official exchange rate between Norway and Venezuela, Bolivarian Republic of?
- 0.43 LCU per US$, period average, with Norway ahead.
- How many years of comparable data are there for Norway and Venezuela, Bolivarian Republic of?
- 58 years are reported by both, from 1960 to 2017.
- How do Norway and Venezuela, Bolivarian Republic of rank globally for official exchange rate?
- Norway ranks 107th and Venezuela, Bolivarian Republic of ranks 109th 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.