Iceland vs Lower middle income: Nominal Effecive Exchange Rate
Iceland
131.38
in 2018
Lower middle income
58.46
in 2024
Iceland rank
8th
Lower middle income rank
8th
Nominal Effecive Exchange Rate over time
- Iceland
- Lower middle income
How they compare
Iceland currently reports 131.38 against 58.46 in Lower middle income, a difference of 72.92.
That makes Iceland's figure about 2.2 times Lower middle income's.
Across all 19 years both countries report, Iceland has been ahead every year.
Iceland ranks 8th and Lower middle income ranks 8th of 112 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 174.27 | 118.07 | 56.2 | Iceland |
| 2010s | 110.99 | 85.44 | 25.55 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher nominal effecive exchange rate, Iceland or Lower middle income?
- Iceland, at 131.38 against 58.46 in Lower middle income as of 2018.
- What is the difference in nominal effecive exchange rate between Iceland and Lower middle income?
- 72.92, with Iceland ahead.
- How many years of comparable data are there for Iceland and Lower middle income?
- 19 years are reported by both, from 2000 to 2018.
- How do Iceland and Lower middle income rank globally for nominal effecive exchange rate?
- Iceland ranks 8th and Lower middle income ranks 8th 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
A measure of the value of a currency against a weighted average of several foreign currencies