Cyprus Exchange Rate
Official exchange rate (LCU per US$, period average) PA.NUS.FCRF
Cyprus's exchange rate was 0.96 in 2025, ranked 172nd globally. This represents a 3.6% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Cyprus's exchange rate stood at 0.96 in 2025, a rise of +0.03 from 2024. Based on recent trends, this figure is projected to reach 0.96 by 2025. Cyprus ranked 172nd globally.
Cyprus’ exchange‑rate index, measured against the U.S. dollar, has risen from an early‑period level of 0.36 in 1960 to an all‑time peak of 0.96 in 2025, placing the island nation at rank 172 globally with the same 0.96 recorded for peers such as Belgium, Germany, Austria and Spain. The index’s lowest point occurred in 1973, when it fell to 0.35, a trough that reflected the volatile post‑oil‑crisis environment and limited foreign‑exchange reserves. Over the 66‑year coverage, the upward trajectory has been driven by structural reforms, increased tourism revenues and Cyprus’ integration into the euro area, which eliminated exchange‑rate risk relative to the eurozone core. The recent consolidation at 0.96 suggests a stabilized position, yet future shifts in global interest‑rate differentials or a resurgence of external shocks could alter the path, making monetary‑policy coordination and external demand key determinants of the next phase of the exchange‑rate trend.
Data & projection
| Year | Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.99 | - | - |
| 2026* trend | 0.97 | - | - |
| 2025* trend | 0.96 | - | - |
| 2025 | 0.96 | +0.03 | #172 |
| 2024 | 0.92 | −0.00 | #14 |
| 2023 | 0.92 | −0.02 | #18 |
| 2022 | 0.95 | +0.10 | #12 |
| 2021 | 0.85 | −0.03 | #16 |
| 2020 | 0.88 | −0.02 | #12 |
| 2019 | 0.89 | +0.05 | #15 |
| 2018 | 0.85 | −0.04 | #15 |
| 2017 | 0.89 | −0.02 | #12 |
| 2016 | 0.90 | +0.00 | #12 |
| 2015 | 0.90 | +0.15 | #12 |
| 2014 | 0.75 | −0.00 | #14 |
| 2013 | 0.75 | −0.03 | #12 |
| 2012 | 0.78 | +0.06 | #12 |
| 2011 | 0.72 | −0.04 | #13 |
Detected Pattern
Analysis
Cyprus matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Cyprus's exchange rate was 0.96 in 2025. Ranked 172nd globally. This represents a 3.6% increase from the previous year.
Cyprus's exchange rate peaked at 0.96 in 2025.
The lowest exchange rate in Cyprus was 0.35 in 1973.
Cyprus ranks 172nd globally in exchange rate as of 2025.
The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.
Cyprus's exchange rate is projected to reach 0.96 by 2025 based on trend extrapolation.
The exchange rate of Cyprus in 2025 was 0.96. This ranks 172nd in the world.
Cite this page
@misc{historysaid_cyprus_exchange-rate,
title = {Cyprus Exchange Rate},
url = {https://historysaid.com/cyprus/exchange-rate/},
publisher = {HistorySaid},
year = {2026}
}