Average FX rate to USD fell 10.3% yoy to 125 per USD in Iceland in June 2025, according to the National Statistical Office. This is 3.53% less than in the previous month.
Historically, Average FX rate to USD in Iceland reached an all time high of 144 per USD in April 2020 and an all time low of 0.163 per USD in January 1957. When compared to Iceland's main peers, Average FX rate to USD in Denmark amounted to 6.47 per USD, 10.1 per USD in Norway, 9.56 per USD in Sweden and 0.737 per USD in United Kingdom in June 2025.
Iceland has been ranked 37th within the group of 129 countries we follow in terms of Average FX rate to USD, 12 places above the position seen 10 years ago.
| FX Rate to USD (Average) | Unit | Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 | Nov 2024 | Dec 2024 | Jan 2025 | Feb 2025 | Mar 2025 | Apr 2025 | May 2025 | Jun 2025 |
| Belgium | per USD | 0.954 | 0.966 | 0.960 | 0.925 | 0.892 | ||||||||||||||||
| Denmark | per USD | 7.11 | 7.21 | 7.16 | 6.90 | 6.66 | ||||||||||||||||
| Finland | per USD | 0.954 | 0.966 | 0.960 | 0.925 | 0.892 | ||||||||||||||||
| France | per USD | 0.954 | 0.966 | 0.960 | 0.925 | 0.892 | ||||||||||||||||
| Germany | per USD | 0.954 | 0.966 | 0.960 | 0.925 | 0.892 | ||||||||||||||||
| Iceland | per USD | 139 | 140 | 140 | 134 | 130 | ||||||||||||||||
| Ireland | per USD | 0.954 | 0.966 | 0.960 | 0.925 | 0.892 | ||||||||||||||||
| Netherlands | per USD | 0.954 | 0.966 | 0.960 | 0.925 | 0.892 | ||||||||||||||||
| Norway | per USD | 11.2 | 11.3 | 11.2 | 10.7 | 10.6 | ||||||||||||||||
| Russia | per USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |||||||||
| Sweden | per USD | 11.0 | 11.1 | 10.8 | 10.2 | 9.79 | ||||||||||||||||
| United Kingdom | per USD | 0.788 | 0.810 | 0.798 | 0.775 | 0.761 |
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