FX rate to USD as implied based on PPP of private consumption fell 3.30% to 0.618 per USD in Cyprus in 2024, according to the National Statistical Office.
Historically, FX rate to USD as implied based on PPP of private consumption in Cyprus reached an all time high of 0.777 per USD in 2004 and an all time low of 0.618 per USD in 2024. When compared to Cyprus's main peers, FX rate to USD as implied based on PPP of private consumption in Egypt amounted to 6.95 per USD, 0.573 per USD in Greece, 3.71 per USD in Israel and 12.6 per USD in Turkey in 2024.
Cyprus has been ranked 125th within the group of 144 countries we follow in terms of FX rate to USD as implied based on PPP of private consumption, 21 places above the position seen 10 years ago.
| FX Rate to USD (Implied Based on PPP of Private Consumption) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Albania | per USD | 52.6 | 51.0 | 51.6 | 52.2 | 49.2 | ||||||||||||||||
| Bulgaria | per USD | 0.749 | 0.746 | 0.757 | 0.753 | 0.764 | ||||||||||||||||
| Cyprus | per USD | 0.671 | 0.650 | 0.636 | 0.642 | 0.630 | ||||||||||||||||
| Egypt | per USD | 3.67 | 3.98 | 4.07 | 4.11 | 4.34 | ||||||||||||||||
| Greece | per USD | 0.641 | 0.618 | 0.620 | 0.605 | 0.589 | ||||||||||||||||
| Iran | per USD | 16,408 | 23,980 | 32,272 | 48,021 | 63,799 | ||||||||||||||||
| Iraq | per USD | 542 | 539 | 536 | 576 | 560 | ... | |||||||||||||||
| Israel | per USD | 4.18 | 4.24 | 4.21 | 4.05 | 3.70 | ||||||||||||||||
| Jordan | per USD | 0.345 | 0.342 | 0.340 | 0.344 | 0.332 | ||||||||||||||||
| Lebanon | per USD | ... | ... | ... | ... | 725 | 748 | 1,375 | 4,792 | 12,034 | ||||||||||||
| Libya | per USD | 1.08 | 1.28 | 1.58 | 1.92 | 1.85 | ||||||||||||||||
| Macedonia | per USD | 22.7 | 21.8 | 22.1 | 20.9 | 21.6 | ||||||||||||||||
| Saudi Arabia | per USD | 1.86 | 1.88 | 2.09 | 2.04 | 1.94 | ||||||||||||||||
| Sudan | per USD | 8.62 | 13.6 | 32.0 | 101 | 224 | ... | ... | ||||||||||||||
| Syria | per USD | ... | ... | ... | ... | 209 | 234 | 349 | 507 | ... | ... | ... | ||||||||||
| Turkey | per USD | 1.93 | 2.14 | 2.54 | 3.08 | 4.86 |
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