Official exchange rate (LCU per US$, period average) (International) in Iran
Iran: Official exchange rate (LCU per US$, period average) (International) was 42,000 LCU per US$, period average in 2023. ◆ Volatile
Latest (2023)
42,000 LCU per US$, period average
Change on year
unchanged
World rank
2nd
of 215 countries
All-time high
42,000 LCU per US$, period average
in 2019
All-time low
65.57 LCU per US$, period average
in 1992
Years of data
64
1960–2023
Official exchange rate in Iran, 1960–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.
Analysis
The most recent figure for official exchange rate in Iran is 42,000 LCU per US$, period average, measured in 2023. That is the highest value across all 64 years on record.
The figure is up 128.1% over ten years.
Over the whole period, official exchange rate in Iran peaked at 42,000 LCU per US$, period average in 2019 and was at its lowest, 65.57 LCU per US$, period average, in 1992.
That places Iran 2nd out of 215 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Official exchange rate (LCU per US$, period average) (International) in Iran, year by year
| Year | LCU per US$, period average | Change |
|---|---|---|
| 1960 | 75.75 LCU per US$, period average | — |
| 1961 | 75.75 LCU per US$, period average | +0.0% |
| 1962 | 75.75 LCU per US$, period average | +0.0% |
| 1963 | 75.75 LCU per US$, period average | +0.0% |
| 1964 | 75.75 LCU per US$, period average | +0.0% |
| 1965 | 75.75 LCU per US$, period average | +0.0% |
| 1966 | 75.75 LCU per US$, period average | +0.0% |
| 1967 | 75.75 LCU per US$, period average | +0.0% |
| 1968 | 75.75 LCU per US$, period average | +0.0% |
| 1969 | 75.75 LCU per US$, period average | +0.0% |
| 1970 | 75.75 LCU per US$, period average | +0.0% |
| 1971 | 75.75 LCU per US$, period average | +0.0% |
| 1972 | 75.75 LCU per US$, period average | +0.0% |
| 1973 | 68.89 LCU per US$, period average | -9.1% |
| 1974 | 67.64 LCU per US$, period average | -1.8% |
| 1975 | 67.65 LCU per US$, period average | +0.0% |
| 1976 | 70.24 LCU per US$, period average | +3.8% |
| 1977 | 70.63 LCU per US$, period average | +0.6% |
| 1978 | 70.49 LCU per US$, period average | -0.2% |
| 1979 | 70.49 LCU per US$, period average | +0.0% |
| 1980 | 70.63 LCU per US$, period average | +0.2% |
| 1981 | 78.35 LCU per US$, period average | +10.9% |
| 1982 | 83.62 LCU per US$, period average | +6.7% |
| 1983 | 86.38 LCU per US$, period average | +3.3% |
| 1984 | 90.05 LCU per US$, period average | +4.3% |
| 1985 | 91.07 LCU per US$, period average | +1.1% |
| 1986 | 78.78 LCU per US$, period average | -13.5% |
| 1987 | 71.48 LCU per US$, period average | -9.3% |
| 1988 | 68.7 LCU per US$, period average | -3.9% |
| 1989 | 72.03 LCU per US$, period average | +4.9% |
| 1990 | 68.11 LCU per US$, period average | -5.4% |
| 1991 | 67.52 LCU per US$, period average | -0.9% |
| 1992 | 65.57 LCU per US$, period average | -2.9% |
| 1993 | 1,268 LCU per US$, period average | +1834.0% |
| 1994 | 1,749 LCU per US$, period average | +37.9% |
| 1995 | 1,748 LCU per US$, period average | -0.0% |
| 1996 | 1,751 LCU per US$, period average | +0.2% |
| 1997 | 1,753 LCU per US$, period average | +0.1% |
| 1998 | 1,752 LCU per US$, period average | -0.1% |
| 1999 | 1,753 LCU per US$, period average | +0.1% |
| 2000 | 1,765 LCU per US$, period average | +0.7% |
| 2001 | 1,754 LCU per US$, period average | -0.6% |
| 2002 | 6,907 LCU per US$, period average | +293.8% |
| 2003 | 8,194 LCU per US$, period average | +18.6% |
| 2004 | 8,614 LCU per US$, period average | +5.1% |
| 2005 | 8,964 LCU per US$, period average | +4.1% |
| 2006 | 9,171 LCU per US$, period average | +2.3% |
| 2007 | 9,281 LCU per US$, period average | +1.2% |
| 2008 | 9,429 LCU per US$, period average | +1.6% |
| 2009 | 9,864 LCU per US$, period average | +4.6% |
| 2010 | 10,254 LCU per US$, period average | +4.0% |
| 2011 | 10,616 LCU per US$, period average | +3.5% |
| 2012 | 12,176 LCU per US$, period average | +14.7% |
| 2013 | 18,414 LCU per US$, period average | +51.2% |
| 2014 | 25,942 LCU per US$, period average | +40.9% |
| 2015 | 29,012 LCU per US$, period average | +11.8% |
| 2016 | 30,915 LCU per US$, period average | +6.6% |
| 2017 | 33,226 LCU per US$, period average | +7.5% |
| 2018 | 40,864 LCU per US$, period average | +23.0% |
| 2019 | 42,000 LCU per US$, period average | +2.8% |
| 2020 | 42,000 LCU per US$, period average | +0.0% |
| 2021 | 42,000 LCU per US$, period average | +0.0% |
| 2022 | 42,000 LCU per US$, period average | +0.0% |
| 2023 | 42,000 LCU per US$, period average | +0.0% |
Iran compared with similar countries
- Iran's 42,000 LCU per US$, period average is above the median for upper middle income countries, which is 17.38 LCU per US$, period average, 2416.9× the median. (59 countries reporting)
- Iran's 42,000 LCU per US$, period average is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 7.33 LCU per US$, period average, 5732.7× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Official exchange rate (LCU per US$, period average) (International) in Iran changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +1834.0% | 65.57 LCU per US$, period average | 1,268 LCU per US$, period average |
| 2002 | +293.8% | 1,754 LCU per US$, period average | 6,907 LCU per US$, period average |
| 2013 | +51.2% | 12,176 LCU per US$, period average | 18,414 LCU per US$, period average |
| 2014 | +40.9% | 18,414 LCU per US$, period average | 25,942 LCU per US$, period average |
| 1994 | +37.9% | 1,268 LCU per US$, period average | 1,749 LCU per US$, period average |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 75.75 LCU per US$, period average | 75.75 LCU per US$, period average | 75.75 LCU per US$, period average | 10 |
| 1970s | 71.33 LCU per US$, period average | 67.64 LCU per US$, period average | 75.75 LCU per US$, period average | 10 |
| 1980s | 79.11 LCU per US$, period average | 68.7 LCU per US$, period average | 91.07 LCU per US$, period average | 10 |
| 1990s | 1,198 LCU per US$, period average | 65.57 LCU per US$, period average | 1,753 LCU per US$, period average | 10 |
| 2000s | 7,394 LCU per US$, period average | 1,754 LCU per US$, period average | 9,864 LCU per US$, period average | 10 |
| 2010s | 25,342 LCU per US$, period average | 10,254 LCU per US$, period average | 42,000 LCU per US$, period average | 10 |
| 2020s | 42,000 LCU per US$, period average | 42,000 LCU per US$, period average | 42,000 LCU per US$, period average | 4 |
Countries ranked near Iran
More financial sector data for Iran
- 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 0.002 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.67 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 0.0014 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.6 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 0.002 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.67 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 Iran?
- Official exchange rate in Iran was 42,000 LCU per US$, period average in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest official exchange rate recorded in Iran?
- The highest recorded value was 42,000 LCU per US$, period average in 2019.
- What is the lowest official exchange rate recorded in Iran?
- The lowest recorded value was 65.57 LCU per US$, period average in 1992.
- How does Iran rank for official exchange rate?
- Iran ranks 2nd out of 215 countries with data for 2023.
- Is official exchange rate rising or falling in Iran?
- Over the last ten years it is up 128.1%. The long-run trend across the full record is volatile.
- Where does this Iran data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.