Discover and compare exchange rates for global currencies using our essential data insights from FocusEconomics. We provide historical data and exchange rate forecasts for virtually every country in the world, with forecasts out to 2033. This invaluable information will help you to navigate any decision making, financial reporting or country performance evaluations for your business.
Why our exchange rate historical data and forecasts are compared against the U.S Dollar
The comparative analysis of exchange rates against the U.S. Dollar is a fundamental practice grounded in the dynamics of international currency markets. An exchange rate, delineating the value of a nation’s currency concerning another, serves as a pivotal economic indicator. For instance, if the exchange rate between the U.S. Dollar (USD) and the Japanese Yen (JPY) stands at 120 yen per dollar, it denotes that one U.S. Dollar can be exchanged for 120 Yen in the global foreign exchange markets.
This concept of exchange rates involves two integral components: a base currency and a counter currency. Owing to the preeminent status of the U.S. Dollar as a global reserve currency, it routinely assumes the role of the base currency, with the domestic currency acting as the counter currency. Exceptions to this norm are observed in the case of the Euro and some currencies within the Commonwealth (e.g., British Pound, Australian Dollar, New Zealand Dollar), where the domestic currency serves as the base.
Why information on global exchange rates is essential for international businesses
Data on exchange rates is useful for your business for several reasons:
1. Risk Management
Businesses involved in international trade are exposed to exchange rate fluctuations. Understanding the historical and future trends helps in assessing the potential risks associated with currency movements. This information aids in developing effective risk management strategies, such as using financial instruments like forward contracts or options to hedge against adverse exchange rate movements.
2. Budgeting and planning
Exchange rate forecasts enable businesses to make more accurate projections for budgeting and financial planning. It helps in estimating costs, revenues, and profits, taking into account the potential impact of currency fluctuations.
3. Market Expansion
When entering new international markets, businesses need to consider the currency risk associated with operating in different regions. Exchange rate forecasts help in assessing the stability of a particular currency and the potential impact on costs and revenues.
Exchange Rate (vs USD) Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Afghanistan | 77.10 | 77.05 | 103.10 | 89.22 | 70.64 |
| Albania | 108.6 | 100.7 | 106.6 | 107.1 | 93.5 |
| Algeria | 119 | 132 | 139 | 137 | 134 |
| Angola | 482 | 650 | 555 | 504 | 829 |
| Antigua and Barbuda | 2.70 | 2.70 | 2.70 | 2.70 | 2.70 |
| Argentina | 59.9 | 84.1 | 102.7 | 177.1 | 808.5 |
| Armenia | 475 | 523 | 480 | 394 | 404 |
| Aruba | 1.80 | 1.80 | 1.80 | 1.80 | 1.80 |
| Australia | 0.70 | 0.77 | 0.73 | 0.68 | 0.68 |
| Austria | 1.12 | 1.22 | 1.14 | 1.07 | 1.10 |
| Azerbaijan | 1.70 | 1.70 | 1.70 | 1.70 | 1.70 |
| Bahamas, The | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Bahrain | 0.38 | 0.38 | 0.38 | 0.38 | 0.38 |
| Bangladesh | 84.95 | 84.72 | 84.86 | 103.02 | 109.75 |
| Barbados | 2.00 | 2.00 | 2.00 | 2.00 | 2.02 |
| Belarus | 2.10 | 2.58 | 2.55 | 2.53 | 3.30 |
| Belgium | 1.12 | 1.22 | 1.14 | 1.07 | 1.10 |
| Belize | 2.02 | 2.02 | 2.02 | 2.02 | 2.02 |
| Benin | 590 | 539 | 580 | 619 | 602 |
| Bhutan | 71.14 | 73.39 | 74.48 | 82.89 | 83.19 |
| Bolivia | 6.91 | 6.89 | 6.91 | 6.93 | 6.91 |
| Bosnia-Herz. | 1.74 | 1.60 | 1.72 | 1.83 | 1.77 |
| Botswana | 10.58 | 10.80 | 11.76 | 12.75 | 13.39 |
| Brazil | 4.02 | 5.19 | 5.57 | 5.28 | 4.86 |
| Brunei | 1.34 | 1.32 | 1.35 | 1.34 | 1.32 |
| Bulgaria | 1.74 | 1.60 | 1.72 | 1.83 | 1.77 |
| Burkina Faso | 584 | 535 | 579 | 615 | 594 |
| Burundi | 1,874 | 1,942 | 2,005 | 2,062 | 2,849 |
| Cabo Verde | 99.18 | 90.44 | 97.35 | 103.85 | 99.56 |
| Cambodia | 4,060 | 4,032 | 4,069 | 4,115 | 4,086 |
| Cameroon | 584 | 536 | 577 | 615 | 594 |
| Canada | 1.30 | 1.27 | 1.26 | 1.35 | 1.32 |
| CdI | 584 | 535 | 577 | 615 | 592 |
| Central African Republic | 584 | 535 | 579 | 615 | 594 |
| Chad | 584 | 535 | 579 | 615 | 594 |
| Chile | 752 | 711 | 852 | 852 | 873 |
| China | 6.96 | 6.53 | 6.35 | 6.90 | 7.08 |
| Colombia | 3,277 | 3,433 | 3,981 | 4,810 | 3,822 |
| Comoros | 438 | 401 | 434 | 461 | 445 |
| Congo | 584 | 535 | 579 | 615 | 594 |
| Costa Rica | 574 | 609 | 644 | 599 | 520 |
| Croatia | 1.12 | 1.22 | 1.14 | 1.07 | 1.10 |
| Cuba | 1.00 | 1.00 | 24.00 | 24.00 | 24.00 |
| Czech Republic | 22.64 | 21.46 | 21.85 | 22.63 | 22.35 |
| Denmark | 6.66 | 6.08 | 6.54 | 6.97 | 6.75 |
| Djibouti | 178 | 178 | 178 | 178 | 178 |
| Dominica | 2.70 | 2.70 | 2.70 | 2.70 | 2.70 |
| Dominican Republic | 53.25 | 58.12 | 57.29 | 56.23 | 58.00 |
| DR Congo | 1,668 | 1,971 | 2,000 | 2,001 | 2,676 |
| Egypt | 16.05 | 15.73 | 15.71 | 24.76 | 30.93 |
| El Salvador | 8.75 | 8.75 | 8.75 | 8.75 | 8.75 |
| Equatorial Guinea | 584 | 535 | 579 | 615 | 594 |
| Eritrea | 15.08 | 15.08 | 15.08 | 15.08 | 15.08 |
| Estonia | 1.12 | 1.22 | 1.14 | 1.07 | 1.10 |
| Ethiopia | 32.00 | 38.00 | 49.20 | 53.57 | 56.32 |
| Euro Area | 1.12 | 1.22 | 1.14 | 1.07 | 1.10 |
| Fiji | 2.16 | 2.06 | 2.12 | 2.21 | 2.20 |
| Gabon | 584 | 535 | 579 | 615 | 594 |
| Gambia, The | 51.25 | 51.80 | 52.80 | 62.01 | 67.33 |
| Georgia | 2.86 | 3.29 | 3.09 | 2.70 | 2.69 |
| Ghana | 5.70 | 5.87 | 6.18 | 10.20 | 11.92 |
| Greece | 1.12 | 1.22 | 1.14 | 1.07 | 1.10 |
| Grenada | 2.70 | 2.70 | 2.70 | 2.70 | 2.70 |
| Guatemala | 7.69 | 7.79 | 7.72 | 7.85 | 7.82 |
| Guinea | 9,450 | 10,040 | 9,243 | 8,610 | 8,599 |
| Guyana | 210 | 210 | 210 | 209 | 209 |
| Haiti | 88.15 | 74.11 | 101.45 | 147.09 | 131.88 |
| Honduras | 24.62 | 24.11 | 24.33 | 24.62 | 24.68 |
| Hong Kong | 7.79 | 7.75 | 7.80 | 7.80 | 7.81 |
| Hungary | 295 | 296 | 324 | 375 | 346 |
| Iceland | 121 | 127 | 130 | 143 | 136 |
| India | 75.35 | 73.16 | 75.86 | 82.14 | 83.38 |
| Indonesia | 13,883 | 14,050 | 14,253 | 15,568 | 15,397 |
| Iran | 42,026 | 42,023 | 42,025 | 42,026 | 42,018 |
| Iraq | 1,190 | 1,461 | 1,460 | 1,460 | 1,309 |
| Israel | 3.45 | 3.21 | 3.11 | 3.53 | 3.60 |
| Italy | 1.12 | 1.22 | 1.14 | 1.07 | 1.10 |
| Jamaica | 133 | 142 | 154 | 152 | 154 |
| Japan | 109 | 103 | 115 | 132 | 141 |
| Jordan | 0.71 | 0.71 | 0.71 | 0.71 | 0.71 |
| Kazakhstan | 383 | 421 | 435 | 463 | 456 |
| Kenya | 101 | 109 | 113 | 123 | 157 |
| Kiribati | 1.43 | 1.30 | 1.38 | 1.48 | 1.46 |
| Korea | 1,156 | 1,086 | 1,189 | 1,265 | 1,288 |
| Kosovo | 1.12 | 1.22 | 1.14 | 1.07 | 1.10 |
| Kuwait | 0.30 | 0.30 | 0.30 | 0.31 | 0.31 |
| Kyrgyzstan | 69.64 | 82.65 | 84.76 | 85.68 | 89.06 |
| Laos | 8,888 | 9,279 | 11,155 | 17,210 | 20,538 |
| Latvia | 1.12 | 1.22 | 1.14 | 1.07 | 1.10 |
| Lebanon | 1,513 | 1,514 | 1,511 | 1,519 | 15,026 |
| Lesotho | 14.01 | 14.60 | 15.90 | 17.13 | 18.53 |
| Liberia | 187 | 163 | 145 | 155 | 188 |
| Libya | 1.40 | 1.34 | 4.59 | 4.82 | 4.77 |
| Lithuania | 1.12 | 1.22 | 1.14 | 1.07 | 1.10 |
| Luxembourg | 1.12 | 1.22 | 1.14 | 1.07 | 1.10 |
| Macao | 8.02 | 7.99 | 8.03 | 8.03 | 8.05 |
| Madagascar | 3,627 | 3,825 | 3,957 | 4,462 | 4,573 |
| Malawi | 737 | 771 | 814 | 1,027 | 1,683 |
| Malaysia | 4.09 | 4.02 | 4.17 | 4.41 | 4.60 |
| Maldives | 15.45 | 15.54 | 15.67 | 15.67 | 15.40 |
| Mali | 584 | 535 | 579 | 615 | 594 |
| Malta | 1.12 | 1.22 | 1.14 | 1.07 | 1.10 |
| Marshall Islands | 1.00 | - | - | - | - |
| Mauritania | 374 | 359 | 364 | 368 | 396 |
| Mauritius | 36.36 | 39.70 | 43.78 | 43.99 | 44.02 |
| Mexico | 18.88 | 19.93 | 20.47 | 19.49 | 16.93 |
| Micronesia, Federated States of | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Moldova | 17.14 | 17.11 | 17.75 | 19.11 | 17.30 |
| Mongolia | 2,734 | 2,850 | 2,849 | 3,445 | 3,411 |
| Montenegro | 0.89 | 0.82 | 0.88 | 0.94 | - |
| Morocco | 9.56 | 8.90 | 9.25 | 10.46 | 9.87 |
| Mozambique | 61.65 | 74.61 | 63.70 | 63.72 | 63.90 |
| Myanmar | 1,473 | 1,331 | 1,773 | 2,095 | 2,100 |
| Namibia | 13.97 | 14.68 | 15.96 | 16.96 | 18.53 |
| Nauru | 1.43 | 1.30 | 1.38 | 1.48 | 1.46 |
| Nepal | 114 | 117 | 118 | 132 | 133 |
| Netherlands | 1.12 | 1.22 | 1.14 | 1.07 | 1.10 |
| New Zealand | 0.67 | 0.72 | 0.68 | 0.63 | 0.63 |
| Nicaragua | 33.84 | 34.82 | 35.52 | 36.23 | 36.62 |
| Niger | 584 | 535 | 579 | 615 | 594 |
| Nigeria | 307 | 380 | 413 | 449 | 899 |
| North Macedonia | 54.88 | 50.29 | 54.46 | 57.71 | 55.74 |
| Norway | 8.79 | 8.56 | 8.82 | 9.85 | 10.16 |
| Oman | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 |
| Pakistan | 155 | 160 | 177 | 226 | 281 |
| Palau | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Panama | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Papua New Guinea | 3.41 | 3.51 | 3.51 | 3.52 | 3.78 |
| Paraguay | 6,464 | 6,897 | 6,906 | 7,366 | 7,285 |
| Peru | 3.31 | 3.62 | 3.99 | 3.81 | 3.70 |
| Philippines | 50.65 | 48.02 | 50.99 | 55.73 | 55.38 |
| Poland | 3.79 | 3.73 | 4.03 | 4.39 | 3.93 |
| Qatar | 3.64 | 3.64 | 3.64 | 3.64 | 3.64 |
| Romania | 4.26 | 3.97 | 4.37 | 4.63 | 4.50 |
| Russia | 62.11 | 73.96 | 75.01 | 73.00 | 89.40 |
| Rwanda | 921 | 978 | 1,008 | 1,069 | 1,259 |
| Saint Kitts and Nevis | 2.70 | 2.70 | 2.70 | 2.70 | 2.70 |
| Saint Lucia | 2.70 | 2.70 | 2.70 | 2.70 | 2.70 |
| Saint Vincent and the Grenadines | 2.70 | 2.70 | 2.70 | 2.70 | 2.70 |
| Samoa | 2.65 | 2.55 | 2.59 | 2.70 | 2.71 |
| San Marino | 0.89 | 0.81 | 0.88 | 0.94 | 0.90 |
| Sao Tome and Principe | 21.80 | 20.05 | 21.55 | 23.00 | 22.12 |
| Saudi Arabia | 3.75 | 3.75 | 3.75 | 3.76 | 3.75 |
| Senegal | 584 | 535 | 577 | 615 | 592 |
| Serbia | 104.75 | 96.08 | 103.39 | 109.93 | 106.13 |
| Seychelles | 13.70 | 21.31 | 14.78 | 14.26 | 13.32 |
| Sierra Leone | 9,717 | 10,133 | 11,256 | 18,835 | 22,797 |
| Singapore | 1.34 | 1.32 | 1.35 | 1.34 | 1.32 |
| Slovakia | 1.12 | 1.22 | 1.14 | 1.07 | 1.10 |
| Solomon Islands | 8.20 | 8.05 | 8.10 | 8.28 | 8.45 |
| Somalia | 581 | 578 | 584 | 570 | 571 |
| South Africa | 13.98 | 14.69 | 15.96 | 17.02 | 18.29 |
| South Sudan | 161 | 177 | 432 | 669 | 1,071 |
| Sri Lanka | 181 | 185 | 203 | 367 | 324 |
| Sudan | 45.11 | 55.12 | 436.39 | 565.18 | 601.00 |
| Suriname | 7.45 | 14.08 | 20.73 | 31.87 | 36.75 |
| Swaziland | 14.00 | 14.71 | 15.94 | 17.01 | 18.46 |
| Sweden | 9.36 | 8.21 | 9.05 | 10.42 | 10.08 |
| Switzerland | 0.97 | 0.88 | 0.91 | 0.93 | 0.84 |
| Syrian Arab Republic | 437 | 1,257 | 2,512 | 2,513 | 13,100 |
| Taiwan | 29.98 | 28.10 | 27.67 | 30.74 | 30.69 |
| Tajikistan | 9.63 | 11.28 | 11.24 | 10.21 | 10.95 |
| Tanzania | 2,295 | 2,317 | 2,304 | 2,332 | 2,510 |
| Thailand | 29.95 | 29.96 | 33.41 | 34.64 | 34.13 |
| Timor-Leste | 1 | 1 | 1 | 1 | 1 |
| Togo | 584 | 535 | 579 | 615 | 594 |
| Tonga | 2.35 | 2.27 | 2.26 | 2.37 | 2.33 |
| Trinidad and Tobago | 6.77 | 6.75 | 6.77 | 6.76 | 6.75 |
| Tunisia | 2.77 | 2.69 | 2.87 | 3.12 | 3.08 |
| Turkey | 5.95 | 7.43 | 13.28 | 18.72 | 29.53 |
| Turkmenistan | 3.50 | 3.50 | 3.50 | 3.50 | 3.50 |
| Tuvalu | 1.42 | 1.30 | 1.38 | 1.47 | 1.47 |
| UAE | 3.67 | 3.67 | 3.67 | 3.67 | 3.67 |
| Uganda | 3,685 | 3,650 | 3,544 | 3,714 | 3,780 |
| Ukraine | 23.81 | 28.57 | 27.37 | 37.03 | 38.03 |
| United Kingdom | 1.32 | 1.37 | 1.35 | 1.20 | 1.27 |
| Uruguay | 37.73 | 42.19 | 44.71 | 39.65 | 39.04 |
| Uzbekistan | 9,429 | 10,478 | 10,786 | 11,252 | 12,340 |
| Vanuatu | 116 | 108 | 112 | 117 | 116 |
| Venezuela | 46,829.06 | 709,900.00 | 4.59 | 17.23 | 35.85 |
| Vietnam | 23,173 | 23,083 | 22,790 | 23,575 | 24,262 |
| Yemen | 249 | 249 | 250 | 250 | 250 |
| Zambia | 14.14 | 21.20 | 16.72 | 18.17 | 25.74 |
| Zimbabwe | 16.82 | 81.79 | 108.67 | 671.45 | 6,074.20 |
FAQs
If you’re looking for information on global exchange rates, then you’re in the right place! Simply explore our data above to see global exchange rates for the years 2018, 2019, 2020, 2021 and 2022. For access to older historical data and forecasts out to 2033, contact our expert team today with your enquiry, and we’ll be in touch to compile your personalised report.
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Kuwait has the strongest exchange rate in the world. Introduced in 1961, the Kuwaiti Dinar (KWD) continues to retain the highest global exchange rate as a result of oil exports, economic stability, a fixed exchange rate and more. You can learn more about Kuwait’s exchange rate using our personalised economic reports.