Domestic currency per Special drawing rights (End-of-period (EoP)) in Faroe Islands
Faroe Islands: Domestic currency per Special drawing rights (End-of-period (EoP)) was 9.32 in 2024. ▲ Rising
Latest (2024)
9.32
Change on year
up 2.9%
World rank
133rd
of 220 countries
All-time high
11.04
in 1984
All-time low
6.63
in 1978
Years of data
75
1950–2024
Domestic currency per Special drawing rights (End-of-period (EoP)) in Faroe Islands, 1950–2024
Source: International Monetary Fund.
Analysis
The most recent figure for domestic currency per special drawing rights (end-of-period (eop)) in Faroe Islands is 9.32, measured in 2024.
The figure is up 2.9% on the previous year and up 5.0% over ten years.
Over the whole period, domestic currency per special drawing rights (end-of-period (eop)) in Faroe Islands peaked at 11.04 in 1984 and was at its lowest, 6.63, in 1978.
That places Faroe Islands 133rd out of 220 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 75 years of available data.
Domestic currency per Special drawing rights (End-of-period (EoP)) in Faroe Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1950 | 6.92 | — |
| 1951 | 6.92 | +0.0% |
| 1952 | 6.92 | +0.0% |
| 1953 | 6.92 | +0.0% |
| 1954 | 6.91 | -0.1% |
| 1955 | 6.91 | +0.0% |
| 1956 | 6.91 | +0.0% |
| 1957 | 6.91 | +0.0% |
| 1958 | 6.91 | -0.1% |
| 1959 | 6.91 | +0.0% |
| 1960 | 6.91 | -0.0% |
| 1961 | 6.89 | -0.3% |
| 1962 | 6.9 | +0.2% |
| 1963 | 6.91 | +0.1% |
| 1964 | 6.92 | +0.1% |
| 1965 | 6.89 | -0.4% |
| 1966 | 6.92 | +0.4% |
| 1967 | 7.46 | +7.9% |
| 1968 | 7.5 | +0.5% |
| 1969 | 7.49 | -0.1% |
| 1970 | 7.49 | -0.0% |
| 1971 | 7.67 | +2.4% |
| 1972 | 7.43 | -3.0% |
| 1973 | 7.59 | +2.1% |
| 1974 | 6.92 | -8.8% |
| 1975 | 7.23 | +4.5% |
| 1976 | 6.72 | -7.0% |
| 1977 | 7.02 | +4.4% |
| 1978 | 6.63 | -5.5% |
| 1979 | 7.07 | +6.6% |
| 1980 | 7.67 | +8.5% |
| 1981 | 8.53 | +11.1% |
| 1982 | 9.25 | +8.5% |
| 1983 | 10.34 | +11.8% |
| 1984 | 11.04 | +6.8% |
| 1985 | 9.85 | -10.7% |
| 1986 | 8.98 | -8.8% |
| 1987 | 8.65 | -3.7% |
| 1988 | 9.25 | +7.0% |
| 1989 | 8.68 | -6.1% |
| 1990 | 8.22 | -5.4% |
| 1991 | 8.46 | +2.9% |
| 1992 | 8.6 | +1.7% |
| 1993 | 9.3 | +8.2% |
| 1994 | 8.88 | -4.5% |
| 1995 | 8.24 | -7.2% |
| 1996 | 8.55 | +3.7% |
| 1997 | 9.21 | +7.7% |
| 1998 | 8.99 | -2.4% |
| 1999 | 10.15 | +12.9% |
| 2000 | 10.45 | +2.9% |
| 2001 | 10.57 | +1.1% |
| 2002 | 9.63 | -8.9% |
| 2003 | 8.85 | -8.1% |
| 2004 | 8.49 | -4.1% |
| 2005 | 9.04 | +6.4% |
| 2006 | 8.52 | -5.8% |
| 2007 | 8.02 | -5.8% |
| 2008 | 8.14 | +1.5% |
| 2009 | 8.14 | -0.0% |
| 2010 | 8.64 | +6.2% |
| 2011 | 8.82 | +2.0% |
| 2012 | 8.7 | -1.4% |
| 2013 | 8.34 | -4.2% |
| 2014 | 8.87 | +6.4% |
| 2015 | 9.46 | +6.7% |
| 2016 | 9.48 | +0.2% |
| 2017 | 8.84 | -6.8% |
| 2018 | 9.07 | +2.6% |
| 2019 | 9.23 | +1.8% |
| 2020 | 8.72 | -5.5% |
| 2021 | 9.18 | +5.3% |
| 2022 | 9.28 | +1.0% |
| 2023 | 9.05 | -2.5% |
| 2024 | 9.32 | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 6.92 | 6.91 | 6.92 | 10 |
| 1960s | 7.08 | 6.89 | 7.5 | 10 |
| 1970s | 7.18 | 6.63 | 7.67 | 10 |
| 1980s | 9.22 | 7.67 | 11.04 | 10 |
| 1990s | 8.86 | 8.22 | 10.15 | 10 |
| 2000s | 8.98 | 8.02 | 10.57 | 10 |
| 2010s | 8.95 | 8.34 | 9.48 | 10 |
| 2020s | 9.11 | 8.72 | 9.32 | 5 |
Countries ranked near Faroe Islands
- 130 Greenland 9.48 compare
- 131 Bolivia, Plurinational State of 9.46 compare
- 132 Croatia 9.4 compare
- 134 Trinidad and Tobago 9.27 compare
- 135 Denmark 8.7 compare
- 136 France 7.92 compare
- 136 Guadeloupe 7.92 compare
- 136 French Guiana 7.92 compare
- 136 Martinique 7.92 compare
- 136 Réunion 7.92 compare
- 136 Saint Pierre and Miquelon 7.92 compare
More economy & growth data for Faroe Islands
- Imports of goods and services (current LCU), per unit of GDP 3.53 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), annual growth rate -7.66 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 1.94 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 144,061 current LCU per person (2024)
- Imports of goods and services (current US$), annual growth rate -6.27 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.512 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 37,975 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate -6.2 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 82,165 current LCU per person (2024)
- GDP (current US$), annual growth rate 2.78 % change on previous year (2024)
Frequently asked questions
- What is domestic currency per special drawing rights (end-of-period (eop)) in Faroe Islands?
- Domestic currency per special drawing rights (end-of-period (eop)) in Faroe Islands was 9.32 in 2024, according to International Monetary Fund.
- What is the highest domestic currency per special drawing rights (end-of-period (eop)) recorded in Faroe Islands?
- The highest recorded value was 11.04 in 1984.
- What is the lowest domestic currency per special drawing rights (end-of-period (eop)) recorded in Faroe Islands?
- The lowest recorded value was 6.63 in 1978.
- How does Faroe Islands rank for domestic currency per special drawing rights (end-of-period (eop))?
- Faroe Islands ranks 133rd out of 220 countries with data for 2024.
- Is domestic currency per special drawing rights (end-of-period (eop)) rising or falling in Faroe Islands?
- Over the last ten years it is up 5.0%. The long-run trend across the full record is rising.
- Where does this Faroe Islands data come from?
- The figures come from International Monetary Fund, published as part of Domestic currency per Special drawing rights (End-of-period (EoP)). Statizoid updates them automatically from the source API.
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About this data
This dataset contains historical exchange rate data between the US Dollar, Special Drawing Rights (SDR), Euro, and various national currencies. It includes both period average and end-of-period exchange rates.