Iceland vs Latin America & Caribbean (excluding high income): Nominal Effecive Exchange Rate

Iceland
131.38
in 2018
Latin America & Caribbean (excluding high income)
64.89
in 2024
Iceland rank
8th
Latin America & Caribbean (excluding high income) rank
6th

Nominal Effecive Exchange Rate over time

  • Iceland
  • Latin America & Caribbean (excluding high income)
50100150200199520092024

How they compare

Iceland currently reports 131.38 against 64.89 in Latin America & Caribbean (excluding high income), a difference of 66.49.

That makes Iceland's figure about 2.0 times Latin America & Caribbean (excluding high income)'s.

The two have swapped places 2 times across 19 shared years of data; in 2000 it was Iceland ahead.

Iceland ranks 8th and Latin America & Caribbean (excluding high income) ranks 6th of 112 countries.

Iceland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Iceland Latin America & Caribbean (excluding high income) Difference Ahead
2000s 174.27 113.67 60.6 Iceland
2010s 110.99 82.11 28.88 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher nominal effecive exchange rate, Iceland or Latin America & Caribbean (excluding high income)?
Iceland, at 131.38 against 64.89 in Latin America & Caribbean (excluding high income) as of 2018.
What is the difference in nominal effecive exchange rate between Iceland and Latin America & Caribbean (excluding high income)?
66.49, with Iceland ahead.
How many years of comparable data are there for Iceland and Latin America & Caribbean (excluding high income)?
19 years are reported by both, from 2000 to 2018.
How do Iceland and Latin America & Caribbean (excluding high income) rank globally for nominal effecive exchange rate?
Iceland ranks 8th and Latin America & Caribbean (excluding high income) ranks 6th 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.

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Iceland vs Latin America & Caribbean (excluding high income): Nominal Effecive Exchange Rate. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 25 August 2026, from https://reference.statizoid.com/compare/nominal-effecive-exchange-rate/iceland/latin-america-and-caribbean-excluding-high-income/

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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