Special drawing rights per domestic currency (End-of-period (EoP)) in Faroe Islands
Faroe Islands: Special drawing rights per domestic currency (End-of-period (EoP)) was 0.1074 in 2024. ▼ Falling
Latest (2024)
0.1074
Change on year
down 2.9%
World rank
88th
of 220 countries
All-time high
0.1508
in 1978
All-time low
0.0906
in 1984
Years of data
75
1950–2024
Special drawing rights per domestic currency (End-of-period (EoP)) in Faroe Islands, 1950–2024
Source: International Monetary Fund.
Analysis
In 2024, special drawing rights per domestic currency (end-of-period (eop)) in Faroe Islands stood at 0.1074.
Compared with earlier readings it is down 2.9% on the previous year and down 4.8% over ten years.
Over the whole period, special drawing rights per domestic currency (end-of-period (eop)) in Faroe Islands peaked at 0.1508 in 1978 and was at its lowest, 0.0906, in 1984.
Faroe Islands ranks 88th of 220 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 75 years of available data.
Special drawing rights per domestic currency (End-of-period (EoP)) in Faroe Islands, year by year
| Year | Value | Change |
|---|---|---|
| 1950 | 0.1445 | — |
| 1951 | 0.1445 | +0.0% |
| 1952 | 0.1445 | +0.0% |
| 1953 | 0.1445 | +0.0% |
| 1954 | 0.1446 | +0.1% |
| 1955 | 0.1446 | +0.0% |
| 1956 | 0.1446 | +0.0% |
| 1957 | 0.1446 | +0.0% |
| 1958 | 0.1448 | +0.1% |
| 1959 | 0.1448 | -0.0% |
| 1960 | 0.1448 | +0.0% |
| 1961 | 0.1452 | +0.3% |
| 1962 | 0.1449 | -0.2% |
| 1963 | 0.1447 | -0.1% |
| 1964 | 0.1445 | -0.1% |
| 1965 | 0.1451 | +0.4% |
| 1966 | 0.1446 | -0.4% |
| 1967 | 0.134 | -7.3% |
| 1968 | 0.1333 | -0.5% |
| 1969 | 0.1335 | +0.1% |
| 1970 | 0.1335 | +0.0% |
| 1971 | 0.1304 | -2.3% |
| 1972 | 0.1345 | +3.1% |
| 1973 | 0.1318 | -2.0% |
| 1974 | 0.1446 | +9.7% |
| 1975 | 0.1383 | -4.3% |
| 1976 | 0.1487 | +7.5% |
| 1977 | 0.1425 | -4.2% |
| 1978 | 0.1508 | +5.8% |
| 1979 | 0.1415 | -6.2% |
| 1980 | 0.1304 | -7.9% |
| 1981 | 0.1173 | -10.0% |
| 1982 | 0.1081 | -7.8% |
| 1983 | 0.0967 | -10.5% |
| 1984 | 0.0906 | -6.3% |
| 1985 | 0.1015 | +12.0% |
| 1986 | 0.1113 | +9.7% |
| 1987 | 0.1156 | +3.8% |
| 1988 | 0.1081 | -6.5% |
| 1989 | 0.1152 | +6.5% |
| 1990 | 0.1217 | +5.7% |
| 1991 | 0.1182 | -2.9% |
| 1992 | 0.1163 | -1.7% |
| 1993 | 0.1075 | -7.5% |
| 1994 | 0.1126 | +4.8% |
| 1995 | 0.1213 | +7.7% |
| 1996 | 0.117 | -3.6% |
| 1997 | 0.1086 | -7.2% |
| 1998 | 0.1112 | +2.4% |
| 1999 | 0.0985 | -11.4% |
| 2000 | 0.0957 | -2.8% |
| 2001 | 0.0946 | -1.1% |
| 2002 | 0.1039 | +9.8% |
| 2003 | 0.113 | +8.8% |
| 2004 | 0.1178 | +4.3% |
| 2005 | 0.1106 | -6.1% |
| 2006 | 0.1174 | +6.1% |
| 2007 | 0.1247 | +6.2% |
| 2008 | 0.1228 | -1.5% |
| 2009 | 0.1229 | +0.0% |
| 2010 | 0.1157 | -5.9% |
| 2011 | 0.1134 | -2.0% |
| 2012 | 0.115 | +1.4% |
| 2013 | 0.12 | +4.3% |
| 2014 | 0.1128 | -6.0% |
| 2015 | 0.1057 | -6.3% |
| 2016 | 0.1055 | -0.2% |
| 2017 | 0.1131 | +7.2% |
| 2018 | 0.1103 | -2.5% |
| 2019 | 0.1083 | -1.8% |
| 2020 | 0.1146 | +5.8% |
| 2021 | 0.1089 | -5.0% |
| 2022 | 0.1078 | -1.0% |
| 2023 | 0.1105 | +2.5% |
| 2024 | 0.1074 | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 0.1446 | 0.1445 | 0.1448 | 10 |
| 1960s | 0.1415 | 0.1333 | 0.1452 | 10 |
| 1970s | 0.1397 | 0.1304 | 0.1508 | 10 |
| 1980s | 0.1095 | 0.0906 | 0.1304 | 10 |
| 1990s | 0.1133 | 0.0985 | 0.1217 | 10 |
| 2000s | 0.1123 | 0.0946 | 0.1247 | 10 |
| 2010s | 0.112 | 0.1055 | 0.12 | 10 |
| 2020s | 0.1098 | 0.1074 | 0.1146 | 5 |
Countries ranked near Faroe Islands
- 86 Denmark 0.1149 compare
- 87 Trinidad and Tobago 0.1078 compare
- 89 Croatia 0.1064 compare
- 90 Bolivia, Plurinational State of 0.1057 compare
- 91 Greenland 0.1055 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 special drawing rights per domestic currency (end-of-period (eop)) in Faroe Islands?
- Special drawing rights per domestic currency (end-of-period (eop)) in Faroe Islands was 0.1074 in 2024, according to International Monetary Fund.
- What is the highest special drawing rights per domestic currency (end-of-period (eop)) recorded in Faroe Islands?
- The highest recorded value was 0.1508 in 1978.
- What is the lowest special drawing rights per domestic currency (end-of-period (eop)) recorded in Faroe Islands?
- The lowest recorded value was 0.0906 in 1984.
- How does Faroe Islands rank for special drawing rights per domestic currency (end-of-period (eop))?
- Faroe Islands ranks 88th out of 220 countries with data for 2024.
- Is special drawing rights per domestic currency (end-of-period (eop)) rising or falling in Faroe Islands?
- Over the last ten years it is down 4.8%. The long-run trend across the full record is falling.
- Where does this Faroe Islands data come from?
- The figures come from International Monetary Fund, published as part of Special drawing rights per domestic currency (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.