Iceland vs Middle East, North Africa, Afghanistan & Pakistan (excluding high income): Nominal Effecive Exchange Rate

Iceland
131.38
in 2018
Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
63.06
in 2018
Iceland rank
8th
Middle East, North Africa, Afghanistan & Pakistan (excluding high income) rank
7th

Nominal Effecive Exchange Rate over time

  • Iceland
  • Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
010.0k20.0k30.0k40.0k200020092018

How they compare

Iceland currently reports 131.38 against 63.06 in Middle East, North Africa, Afghanistan & Pakistan (excluding high income), a difference of 68.32.

That makes Iceland's figure about 2.1 times Middle East, North Africa, Afghanistan & Pakistan (excluding high income)'s.

The two have swapped places 3 times across 18 shared years of data; in 2001 it was Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ahead.

Iceland ranks 8th and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 7th of 112 countries.

Across the 2 decades both report, Iceland averaged higher in 1 and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) in 1.

Head to head by decade

Decade Iceland Middle East, North Africa, Afghanistan & Pakistan (excluding high income) Difference Ahead
2000s 171.19 11,304 11,133 Middle East, North Africa, Afghanistan & Pakistan (excluding high income)
2010s 110.99 81.2 29.79 Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher nominal effecive exchange rate, Iceland or Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
Iceland, at 131.38 against 63.06 in Middle East, North Africa, Afghanistan & Pakistan (excluding high income) as of 2018.
What is the difference in nominal effecive exchange rate between Iceland and Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
68.32, with Iceland ahead.
How many years of comparable data are there for Iceland and Middle East, North Africa, Afghanistan & Pakistan (excluding high income)?
18 years are reported by both, from 2001 to 2018.
How do Iceland and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) rank globally for nominal effecive exchange rate?
Iceland ranks 8th and Middle East, North Africa, Afghanistan & Pakistan (excluding high income) ranks 7th 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 Middle East, North Africa, Afghanistan & Pakistan (excluding high income): Nominal Effecive Exchange Rate. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 09 September 2026, from https://reference.statizoid.com/compare/nominal-effecive-exchange-rate/iceland/middle-east-north-africa-afghanistan-and-pakistan-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