Egypt vs Nigeria: Nominal Effecive Exchange Rate

Egypt
19.55
in 2024
Nigeria
13.73
in 2024
Egypt rank
109th
Nigeria rank
110th

Nominal Effecive Exchange Rate over time

  • Egypt
  • Nigeria
0100200300199420092024

How they compare

Egypt currently reports 19.55 against 13.73 in Nigeria, a difference of 5.82.

That makes Egypt's figure about 1.4 times Nigeria's.

The two have swapped places 9 times across 29 shared years of data; in 1996 it was Nigeria ahead.

Egypt ranks 109th and Nigeria ranks 110th of 112 countries.

Nigeria has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Egypt Nigeria Difference Ahead
1990s 158.96 223.59 64.63 Nigeria
2000s 121.79 134.37 12.58 Nigeria
2010s 72.75 80.97 8.22 Nigeria
2020s 35.74 36.8 1.06 Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher nominal effecive exchange rate, Egypt or Nigeria?
Egypt, at 19.55 against 13.73 in Nigeria as of 2024.
What is the difference in nominal effecive exchange rate between Egypt and Nigeria?
5.82, with Egypt ahead.
How many years of comparable data are there for Egypt and Nigeria?
29 years are reported by both, from 1996 to 2024.
How do Egypt and Nigeria rank globally for nominal effecive exchange rate?
Egypt ranks 109th and Nigeria ranks 110th of 112 countries.
Where does this data come from?
World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as Nominal Effecive Exchange Rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Nominal Effecive Exchange Rate
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
122 places, 2,930 data points, 1994–2024
Last refreshed

A measure of the value of a currency against a weighted average of several foreign currencies