US dollar per domestic currency (End-of-period (EoP)) in Faroe Islands
Faroe Islands: US dollar per domestic currency (End-of-period (EoP)) was 0.14 in 2024. ▲ Rising
US dollar per domestic currency (End-of-period (EoP)) in Faroe Islands, 1950–2024
Source: International Monetary Fund.
Analysis
In 2024, us dollar per domestic currency (end-of-period (eop)) in Faroe Islands stood at 0.14.
The figure is down 5.6% on the previous year and down 14.3% over ten years.
Over the whole period, us dollar per domestic currency (end-of-period (eop)) in Faroe Islands peaked at 0.197 in 2007 and was at its lowest, 0.0888, in 1984.
Faroe Islands ranks 92nd of 220 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 75 years of available data.
US dollar 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 | 0.1416 | +6.0% |
| 1972 | 0.146 | +3.1% |
| 1973 | 0.159 | +8.9% |
| 1974 | 0.177 | +11.3% |
| 1975 | 0.1619 | -8.5% |
| 1976 | 0.1728 | +6.7% |
| 1977 | 0.1731 | +0.2% |
| 1978 | 0.1965 | +13.5% |
| 1979 | 0.1864 | -5.1% |
| 1980 | 0.1663 | -10.8% |
| 1981 | 0.1365 | -17.9% |
| 1982 | 0.1193 | -12.6% |
| 1983 | 0.1013 | -15.1% |
| 1984 | 0.0888 | -12.3% |
| 1985 | 0.1115 | +25.5% |
| 1986 | 0.1362 | +22.2% |
| 1987 | 0.164 | +20.4% |
| 1988 | 0.1455 | -11.3% |
| 1989 | 0.1513 | +4.0% |
| 1990 | 0.1731 | +14.4% |
| 1991 | 0.1691 | -2.3% |
| 1992 | 0.1599 | -5.5% |
| 1993 | 0.1477 | -7.6% |
| 1994 | 0.1644 | +11.3% |
| 1995 | 0.1803 | +9.7% |
| 1996 | 0.1682 | -6.7% |
| 1997 | 0.1465 | -12.9% |
| 1998 | 0.1566 | +6.9% |
| 1999 | 0.1352 | -13.7% |
| 2000 | 0.1247 | -7.8% |
| 2001 | 0.1189 | -4.6% |
| 2002 | 0.1412 | +18.7% |
| 2003 | 0.1679 | +18.9% |
| 2004 | 0.1829 | +9.0% |
| 2005 | 0.1581 | -13.5% |
| 2006 | 0.1766 | +11.7% |
| 2007 | 0.197 | +11.5% |
| 2008 | 0.1892 | -4.0% |
| 2009 | 0.1927 | +1.8% |
| 2010 | 0.1781 | -7.5% |
| 2011 | 0.174 | -2.3% |
| 2012 | 0.1767 | +1.5% |
| 2013 | 0.1848 | +4.6% |
| 2014 | 0.1634 | -11.6% |
| 2015 | 0.1464 | -10.4% |
| 2016 | 0.1418 | -3.2% |
| 2017 | 0.1611 | +13.6% |
| 2018 | 0.1534 | -4.8% |
| 2019 | 0.1498 | -2.3% |
| 2020 | 0.1651 | +10.2% |
| 2021 | 0.1524 | -7.7% |
| 2022 | 0.1434 | -5.9% |
| 2023 | 0.1483 | +3.4% |
| 2024 | 0.14 | -5.6% |
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 | 0.1648 | 0.1335 | 0.1965 | 10 |
| 1980s | 0.1321 | 0.0888 | 0.1663 | 10 |
| 1990s | 0.1601 | 0.1352 | 0.1803 | 10 |
| 2000s | 0.1649 | 0.1189 | 0.197 | 10 |
| 2010s | 0.1629 | 0.1418 | 0.1848 | 10 |
| 2020s | 0.1498 | 0.14 | 0.1651 | 5 |
Countries ranked near Faroe Islands
More economy & growth data for Faroe Islands
- Agriculture, forestry, and fishing, value added (current LCU), per 82,165 current LCU per person (2024)
- Imports of goods and services (current LCU), per unit of GDP 3.53 current LCU per US$ of GDP (2024)
- Imports of goods and services (current LCU), per capita 261,819 current LCU per person (2024)
- External balance on goods and services (current US$), annual growth 227.91 % change on previous year (2024)
- External balance on goods and services (current LCU), annual growth 228.14 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -6.93 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 1.11 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.6524 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current US$), annual -5.14 % change on previous year (2024)
- Manufacturing, value added (current LCU), per capita 48,390 current LCU per person (2024)
Frequently asked questions
- What is us dollar per domestic currency (end-of-period (eop)) in Faroe Islands?
- Us dollar per domestic currency (end-of-period (eop)) in Faroe Islands was 0.14 in 2024, according to International Monetary Fund.
- What is the highest us dollar per domestic currency (end-of-period (eop)) recorded in Faroe Islands?
- The highest recorded value was 0.197 in 2007.
- What is the lowest us dollar per domestic currency (end-of-period (eop)) recorded in Faroe Islands?
- The lowest recorded value was 0.0888 in 1984.
- How does Faroe Islands rank for us dollar per domestic currency (end-of-period (eop))?
- Faroe Islands ranks 92nd out of 220 countries with data for 2024.
- Is us dollar per domestic currency (end-of-period (eop)) rising or falling in Faroe Islands?
- Over the last ten years it is down 14.3%. 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 US dollar 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.