Official exchange rate in Cyprus
Cyprus: Official exchange rate was 0.885 LCU per US$, period average in 2025. ▲ Rising
Latest (2025)
0.885 LCU per US$, period average
Change on year
down 4.2%
World rank
182nd
of 215 countries
All-time high
0.9496 LCU per US$, period average
in 2022
All-time low
0.3499 LCU per US$, period average
in 1973
Years of data
66
1960–2025
Official exchange rate in Cyprus, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.
Analysis
The most recent figure for official exchange rate in Cyprus is 0.885 LCU per US$, period average, measured in 2025.
That represents a change of down 4.2% on the previous year and down 1.8% over ten years.
Over the whole period, official exchange rate in Cyprus peaked at 0.9496 LCU per US$, period average in 2022 and was at its lowest, 0.3499 LCU per US$, period average, in 1973.
That places Cyprus 182nd out of 215 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Official exchange rate in Cyprus, year by year
| Year | LCU per US$, period average | Change |
|---|---|---|
| 1960 | 0.3571 LCU per US$, period average | — |
| 1961 | 0.3571 LCU per US$, period average | +0.0% |
| 1962 | 0.3571 LCU per US$, period average | +0.0% |
| 1963 | 0.3571 LCU per US$, period average | +0.0% |
| 1964 | 0.3571 LCU per US$, period average | +0.0% |
| 1965 | 0.3571 LCU per US$, period average | +0.0% |
| 1966 | 0.3571 LCU per US$, period average | +0.0% |
| 1967 | 0.3621 LCU per US$, period average | +1.4% |
| 1968 | 0.4167 LCU per US$, period average | +15.1% |
| 1969 | 0.4167 LCU per US$, period average | +0.0% |
| 1970 | 0.4167 LCU per US$, period average | +0.0% |
| 1971 | 0.4107 LCU per US$, period average | -1.4% |
| 1972 | 0.3836 LCU per US$, period average | -6.6% |
| 1973 | 0.3499 LCU per US$, period average | -8.8% |
| 1974 | 0.3647 LCU per US$, period average | +4.2% |
| 1975 | 0.3689 LCU per US$, period average | +1.2% |
| 1976 | 0.4105 LCU per US$, period average | +11.3% |
| 1977 | 0.4081 LCU per US$, period average | -0.6% |
| 1978 | 0.3735 LCU per US$, period average | -8.5% |
| 1979 | 0.3544 LCU per US$, period average | -5.1% |
| 1980 | 0.3531 LCU per US$, period average | -0.4% |
| 1981 | 0.4214 LCU per US$, period average | +19.4% |
| 1982 | 0.4754 LCU per US$, period average | +12.8% |
| 1983 | 0.5266 LCU per US$, period average | +10.8% |
| 1984 | 0.5884 LCU per US$, period average | +11.7% |
| 1985 | 0.6126 LCU per US$, period average | +4.1% |
| 1986 | 0.5181 LCU per US$, period average | -15.4% |
| 1987 | 0.4811 LCU per US$, period average | -7.1% |
| 1988 | 0.4666 LCU per US$, period average | -3.0% |
| 1989 | 0.4946 LCU per US$, period average | +6.0% |
| 1990 | 0.4581 LCU per US$, period average | -7.4% |
| 1991 | 0.4644 LCU per US$, period average | +1.4% |
| 1992 | 0.4495 LCU per US$, period average | -3.2% |
| 1993 | 0.4974 LCU per US$, period average | +10.6% |
| 1994 | 0.4922 LCU per US$, period average | -1.0% |
| 1995 | 0.4524 LCU per US$, period average | -8.1% |
| 1996 | 0.4663 LCU per US$, period average | +3.1% |
| 1997 | 0.5139 LCU per US$, period average | +10.2% |
| 1998 | 0.5178 LCU per US$, period average | +0.8% |
| 1999 | 0.5429 LCU per US$, period average | +4.9% |
| 2000 | 0.6224 LCU per US$, period average | +14.6% |
| 2001 | 0.6431 LCU per US$, period average | +3.3% |
| 2002 | 0.6107 LCU per US$, period average | -5.0% |
| 2003 | 0.5174 LCU per US$, period average | -15.3% |
| 2004 | 0.4686 LCU per US$, period average | -9.4% |
| 2005 | 0.4641 LCU per US$, period average | -1.0% |
| 2006 | 0.4589 LCU per US$, period average | -1.1% |
| 2007 | 0.4261 LCU per US$, period average | -7.1% |
| 2008 | 0.6799 LCU per US$, period average | +59.6% |
| 2009 | 0.717 LCU per US$, period average | +5.4% |
| 2010 | 0.7543 LCU per US$, period average | +5.2% |
| 2011 | 0.7184 LCU per US$, period average | -4.8% |
| 2012 | 0.7783 LCU per US$, period average | +8.3% |
| 2013 | 0.7529 LCU per US$, period average | -3.3% |
| 2014 | 0.7527 LCU per US$, period average | -0.0% |
| 2015 | 0.9013 LCU per US$, period average | +19.7% |
| 2016 | 0.9034 LCU per US$, period average | +0.2% |
| 2017 | 0.8852 LCU per US$, period average | -2.0% |
| 2018 | 0.8468 LCU per US$, period average | -4.3% |
| 2019 | 0.8933 LCU per US$, period average | +5.5% |
| 2020 | 0.8755 LCU per US$, period average | -2.0% |
| 2021 | 0.8455 LCU per US$, period average | -3.4% |
| 2022 | 0.9496 LCU per US$, period average | +12.3% |
| 2023 | 0.9248 LCU per US$, period average | -2.6% |
| 2024 | 0.9239 LCU per US$, period average | -0.1% |
| 2025 | 0.885 LCU per US$, period average | -4.2% |
Cyprus compared with similar countries
- Cyprus's 0.885 LCU per US$, period average is below the median for high income countries, which is 1 LCU per US$, period average, 88% of the median. (84 countries reporting)
- Cyprus's 0.885 LCU per US$, period average is below the median for Europe & Central Asia, which is 0.8871 LCU per US$, period average, 100% of the median. (57 countries reporting)
Biggest year-on-year movements
Years where Official exchange rate in Cyprus changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +59.6% | 0.4261 LCU per US$, period average | 0.6799 LCU per US$, period average |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3695 LCU per US$, period average | 0.3571 LCU per US$, period average | 0.4167 LCU per US$, period average | 10 |
| 1970s | 0.3841 LCU per US$, period average | 0.3499 LCU per US$, period average | 0.4167 LCU per US$, period average | 10 |
| 1980s | 0.4938 LCU per US$, period average | 0.3531 LCU per US$, period average | 0.6126 LCU per US$, period average | 10 |
| 1990s | 0.4855 LCU per US$, period average | 0.4495 LCU per US$, period average | 0.5429 LCU per US$, period average | 10 |
| 2000s | 0.5608 LCU per US$, period average | 0.4261 LCU per US$, period average | 0.717 LCU per US$, period average | 10 |
| 2010s | 0.8187 LCU per US$, period average | 0.7184 LCU per US$, period average | 0.9034 LCU per US$, period average | 10 |
| 2020s | 0.9007 LCU per US$, period average | 0.8455 LCU per US$, period average | 0.9496 LCU per US$, period average | 6 |
Countries ranked near Cyprus
- 182 Austria 0.885 LCU per US$, period average compare
- 182 Belgium 0.885 LCU per US$, period average compare
- 182 Croatia 0.885 LCU per US$, period average compare
- 182 Estonia 0.885 LCU per US$, period average compare
- 182 Finland 0.885 LCU per US$, period average compare
- 182 France 0.885 LCU per US$, period average compare
- 182 Germany 0.885 LCU per US$, period average compare
- 182 Greece 0.885 LCU per US$, period average compare
- 182 Ireland 0.885 LCU per US$, period average compare
- 182 Italy 0.885 LCU per US$, period average compare
- 182 Latvia 0.885 LCU per US$, period average compare
- 182 Lithuania 0.885 LCU per US$, period average compare
- 182 Luxembourg 0.885 LCU per US$, period average compare
- 182 Malta 0.885 LCU per US$, period average compare
- 182 Monaco 0.885 LCU per US$, period average compare
- 182 Netherlands 0.885 LCU per US$, period average compare
- 182 Portugal 0.885 LCU per US$, period average compare
- 182 Slovakia 0.885 LCU per US$, period average compare
- 182 Slovenia 0.885 LCU per US$, period average compare
- 182 Spain 0.885 LCU per US$, period average compare
- 182 Saint Martin (French Part) 0.885 LCU per US$, period average compare
More financial sector data for Cyprus
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 84.99 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 62.06 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0028 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 84.99 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is official exchange rate in Cyprus?
- Official exchange rate in Cyprus was 0.885 LCU per US$, period average in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest official exchange rate recorded in Cyprus?
- The highest recorded value was 0.9496 LCU per US$, period average in 2022.
- What is the lowest official exchange rate recorded in Cyprus?
- The lowest recorded value was 0.3499 LCU per US$, period average in 1973.
- How does Cyprus rank for official exchange rate?
- Cyprus ranks 182nd out of 215 countries with data for 2025.
- Is official exchange rate rising or falling in Cyprus?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.
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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.