Official exchange rate (LCU per US$, period average) (International) in North Macedonia
North Macedonia: Official exchange rate (LCU per US$, period average) (International) was 54.66 LCU per US$, period average in 2025. ▲ Rising
Official exchange rate in North Macedonia, 1994–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.
Analysis
In 2025, official exchange rate in North Macedonia stood at 54.66 LCU per US$, period average.
The figure is down 3.9% on the previous year and down 1.6% over ten years.
Over the whole period, official exchange rate in North Macedonia peaked at 68.04 LCU per US$, period average in 2001 and was at its lowest, 37.88 LCU per US$, period average, in 1995.
That places North Macedonia 80th out of 215 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Official exchange rate (LCU per US$, period average) (International) in North Macedonia, year by year
| Year | LCU per US$, period average | Change |
|---|---|---|
| 1994 | 43.26 LCU per US$, period average | — |
| 1995 | 37.88 LCU per US$, period average | -12.4% |
| 1996 | 39.98 LCU per US$, period average | +5.5% |
| 1997 | 50 LCU per US$, period average | +25.1% |
| 1998 | 54.46 LCU per US$, period average | +8.9% |
| 1999 | 56.9 LCU per US$, period average | +4.5% |
| 2000 | 65.9 LCU per US$, period average | +15.8% |
| 2001 | 68.04 LCU per US$, period average | +3.2% |
| 2002 | 64.35 LCU per US$, period average | -5.4% |
| 2003 | 54.32 LCU per US$, period average | -15.6% |
| 2004 | 49.41 LCU per US$, period average | -9.0% |
| 2005 | 49.28 LCU per US$, period average | -0.3% |
| 2006 | 48.8 LCU per US$, period average | -1.0% |
| 2007 | 44.73 LCU per US$, period average | -8.3% |
| 2008 | 41.87 LCU per US$, period average | -6.4% |
| 2009 | 44.1 LCU per US$, period average | +5.3% |
| 2010 | 46.49 LCU per US$, period average | +5.4% |
| 2011 | 44.23 LCU per US$, period average | -4.9% |
| 2012 | 47.89 LCU per US$, period average | +8.3% |
| 2013 | 46.4 LCU per US$, period average | -3.1% |
| 2014 | 46.44 LCU per US$, period average | +0.1% |
| 2015 | 55.54 LCU per US$, period average | +19.6% |
| 2016 | 55.73 LCU per US$, period average | +0.4% |
| 2017 | 54.67 LCU per US$, period average | -1.9% |
| 2018 | 52.11 LCU per US$, period average | -4.7% |
| 2019 | 54.95 LCU per US$, period average | +5.5% |
| 2020 | 54.14 LCU per US$, period average | -1.5% |
| 2021 | 52.1 LCU per US$, period average | -3.8% |
| 2022 | 58.57 LCU per US$, period average | +12.4% |
| 2023 | 56.95 LCU per US$, period average | -2.8% |
| 2024 | 56.87 LCU per US$, period average | -0.1% |
| 2025 | 54.66 LCU per US$, period average | -3.9% |
North Macedonia compared with similar countries
- North Macedonia's 54.66 LCU per US$, period average is above the median for upper middle income countries, which is 17.38 LCU per US$, period average, 3.1× the median. (59 countries reporting)
- North Macedonia's 54.66 LCU per US$, period average is above the median for Europe & Central Asia, which is 0.8871 LCU per US$, period average, 61.6× the median. (57 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47.08 LCU per US$, period average | 37.88 LCU per US$, period average | 56.9 LCU per US$, period average | 6 |
| 2000s | 53.08 LCU per US$, period average | 41.87 LCU per US$, period average | 68.04 LCU per US$, period average | 10 |
| 2010s | 50.44 LCU per US$, period average | 44.23 LCU per US$, period average | 55.73 LCU per US$, period average | 10 |
| 2020s | 55.55 LCU per US$, period average | 52.1 LCU per US$, period average | 58.57 LCU per US$, period average | 6 |
Countries ranked near North Macedonia
- 77 Mozambique 63.91 LCU per US$, period average compare
- 78 Dominican Republic 61.99 LCU per US$, period average compare
- 79 Philippines 57.51 LCU per US$, period average compare
- 81 Egypt 49.23 LCU per US$, period average compare
- 82 Mauritius 46 LCU per US$, period average compare
- 83 Ukraine 41.69 LCU per US$, period average compare
More financial sector data for North Macedonia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0 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 North Macedonia?
- Official exchange rate in North Macedonia was 54.66 LCU per US$, period average in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest official exchange rate recorded in North Macedonia?
- The highest recorded value was 68.04 LCU per US$, period average in 2001.
- What is the lowest official exchange rate recorded in North Macedonia?
- The lowest recorded value was 37.88 LCU per US$, period average in 1995.
- How does North Macedonia rank for official exchange rate?
- North Macedonia ranks 80th out of 215 countries with data for 2025.
- Is official exchange rate rising or falling in North Macedonia?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is rising.
- Where does this North Macedonia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, 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.