Official exchange rate in Norway
Norway: Official exchange rate was 10.4 LCU per US$, period average in 2025. ▲ Rising
Latest (2025)
10.4 LCU per US$, period average
Change on year
down 3.3%
World rank
107th
of 215 countries
All-time high
10.75 LCU per US$, period average
in 2024
All-time low
4.94 LCU per US$, period average
in 1980
Years of data
66
1960–2025
Official exchange rate in Norway, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.
Analysis
The most recent figure for official exchange rate in Norway is 10.4 LCU per US$, period average, measured in 2025.
That represents a change of down 3.3% on the previous year and up 28.9% over ten years.
Over the whole period, official exchange rate in Norway peaked at 10.75 LCU per US$, period average in 2024 and was at its lowest, 4.94 LCU per US$, period average, in 1980.
That places Norway 107th 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 66 years of available data.
Official exchange rate in Norway, year by year
| Year | LCU per US$, period average | Change |
|---|---|---|
| 1960 | 7.14 LCU per US$, period average | — |
| 1961 | 7.14 LCU per US$, period average | +0.0% |
| 1962 | 7.14 LCU per US$, period average | +0.0% |
| 1963 | 7.14 LCU per US$, period average | +0.0% |
| 1964 | 7.14 LCU per US$, period average | +0.0% |
| 1965 | 7.14 LCU per US$, period average | +0.0% |
| 1966 | 7.14 LCU per US$, period average | +0.0% |
| 1967 | 7.14 LCU per US$, period average | +0.0% |
| 1968 | 7.14 LCU per US$, period average | +0.0% |
| 1969 | 7.14 LCU per US$, period average | +0.0% |
| 1970 | 7.14 LCU per US$, period average | +0.0% |
| 1971 | 7.06 LCU per US$, period average | -1.2% |
| 1972 | 6.59 LCU per US$, period average | -6.6% |
| 1973 | 5.77 LCU per US$, period average | -12.5% |
| 1974 | 5.54 LCU per US$, period average | -3.9% |
| 1975 | 5.23 LCU per US$, period average | -5.6% |
| 1976 | 5.46 LCU per US$, period average | +4.4% |
| 1977 | 5.32 LCU per US$, period average | -2.4% |
| 1978 | 5.24 LCU per US$, period average | -1.5% |
| 1979 | 5.06 LCU per US$, period average | -3.4% |
| 1980 | 4.94 LCU per US$, period average | -2.5% |
| 1981 | 5.74 LCU per US$, period average | +16.2% |
| 1982 | 6.45 LCU per US$, period average | +12.4% |
| 1983 | 7.3 LCU per US$, period average | +13.1% |
| 1984 | 8.16 LCU per US$, period average | +11.9% |
| 1985 | 8.6 LCU per US$, period average | +5.3% |
| 1986 | 7.39 LCU per US$, period average | -14.0% |
| 1987 | 6.74 LCU per US$, period average | -8.9% |
| 1988 | 6.52 LCU per US$, period average | -3.3% |
| 1989 | 6.9 LCU per US$, period average | +5.9% |
| 1990 | 6.26 LCU per US$, period average | -9.3% |
| 1991 | 6.48 LCU per US$, period average | +3.6% |
| 1992 | 6.21 LCU per US$, period average | -4.1% |
| 1993 | 7.09 LCU per US$, period average | +14.2% |
| 1994 | 7.06 LCU per US$, period average | -0.5% |
| 1995 | 6.34 LCU per US$, period average | -10.2% |
| 1996 | 6.45 LCU per US$, period average | +1.8% |
| 1997 | 7.07 LCU per US$, period average | +9.7% |
| 1998 | 7.55 LCU per US$, period average | +6.7% |
| 1999 | 7.8 LCU per US$, period average | +3.4% |
| 2000 | 8.8 LCU per US$, period average | +12.9% |
| 2001 | 8.99 LCU per US$, period average | +2.2% |
| 2002 | 7.98 LCU per US$, period average | -11.2% |
| 2003 | 7.08 LCU per US$, period average | -11.3% |
| 2004 | 6.74 LCU per US$, period average | -4.8% |
| 2005 | 6.44 LCU per US$, period average | -4.4% |
| 2006 | 6.41 LCU per US$, period average | -0.5% |
| 2007 | 5.86 LCU per US$, period average | -8.6% |
| 2008 | 5.64 LCU per US$, period average | -3.8% |
| 2009 | 6.29 LCU per US$, period average | +11.5% |
| 2010 | 6.04 LCU per US$, period average | -3.9% |
| 2011 | 5.6 LCU per US$, period average | -7.3% |
| 2012 | 5.82 LCU per US$, period average | +3.8% |
| 2013 | 5.88 LCU per US$, period average | +1.0% |
| 2014 | 6.3 LCU per US$, period average | +7.3% |
| 2015 | 8.06 LCU per US$, period average | +28.0% |
| 2016 | 8.4 LCU per US$, period average | +4.2% |
| 2017 | 8.27 LCU per US$, period average | -1.5% |
| 2018 | 8.13 LCU per US$, period average | -1.7% |
| 2019 | 8.8 LCU per US$, period average | +8.2% |
| 2020 | 9.42 LCU per US$, period average | +7.0% |
| 2021 | 8.59 LCU per US$, period average | -8.8% |
| 2022 | 9.61 LCU per US$, period average | +11.9% |
| 2023 | 10.56 LCU per US$, period average | +9.9% |
| 2024 | 10.75 LCU per US$, period average | +1.7% |
| 2025 | 10.4 LCU per US$, period average | -3.3% |
Norway compared with similar countries
- Norway's 10.4 LCU per US$, period average is above the median for high income countries, which is 1 LCU per US$, period average, 10.4× the median. (84 countries reporting)
- Norway's 10.4 LCU per US$, period average is above the median for Europe & Central Asia, which is 0.8871 LCU per US$, period average, 11.7× the median. (57 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.14 LCU per US$, period average | 7.14 LCU per US$, period average | 7.14 LCU per US$, period average | 10 |
| 1970s | 5.84 LCU per US$, period average | 5.06 LCU per US$, period average | 7.14 LCU per US$, period average | 10 |
| 1980s | 6.87 LCU per US$, period average | 4.94 LCU per US$, period average | 8.6 LCU per US$, period average | 10 |
| 1990s | 6.83 LCU per US$, period average | 6.21 LCU per US$, period average | 7.8 LCU per US$, period average | 10 |
| 2000s | 7.02 LCU per US$, period average | 5.64 LCU per US$, period average | 8.99 LCU per US$, period average | 10 |
| 2010s | 7.13 LCU per US$, period average | 5.6 LCU per US$, period average | 8.8 LCU per US$, period average | 10 |
| 2020s | 9.89 LCU per US$, period average | 8.59 LCU per US$, period average | 10.75 LCU per US$, period average | 6 |
Countries ranked near Norway
- 104 Seychelles 14.73 LCU per US$, period average compare
- 105 Botswana 13.5 LCU per US$, period average compare
- 106 Ghana 12.56 LCU per US$, period average compare
- 108 Tajikistan 10.02 LCU per US$, period average compare
- 109 Venezuela 9.97 LCU per US$, period average compare
- 110 Sweden 9.82 LCU per US$, period average compare
More financial sector data for Norway
- Reserve position in the IMF, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 242.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.82 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 176.9 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.97 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 242.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.82 % change on previous year (2025)
Frequently asked questions
- What is official exchange rate in Norway?
- Official exchange rate in Norway was 10.4 LCU per US$, period average in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest official exchange rate recorded in Norway?
- The highest recorded value was 10.75 LCU per US$, period average in 2024.
- What is the lowest official exchange rate recorded in Norway?
- The lowest recorded value was 4.94 LCU per US$, period average in 1980.
- How does Norway rank for official exchange rate?
- Norway ranks 107th out of 215 countries with data for 2025.
- Is official exchange rate rising or falling in Norway?
- Over the last ten years it is up 28.9%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 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.