Malawi vs Nigeria: Nominal Effecive Exchange Rate

Malawi
26.27
in 2018
Nigeria
13.73
in 2024
Malawi rank
108th
Nigeria rank
110th

Nominal Effecive Exchange Rate over time

  • Malawi
  • Nigeria
0100200300199620102024

How they compare

Malawi currently reports 26.27 against 13.73 in Nigeria, a difference of 12.54.

That makes Malawi's figure about 1.9 times Nigeria's.

The two have swapped places 3 times across 19 shared years of data; in 2000 it was Malawi ahead.

Malawi ranks 108th and Nigeria ranks 110th of 112 countries.

Across the 2 decades both report, Malawi averaged higher in 1 and Nigeria in 1.

Head to head by decade

Decade Malawi Nigeria Difference Ahead
2000s 167.9 134.37 33.53 Malawi
2010s 51.4 83.51 32.11 Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher nominal effecive exchange rate, Malawi or Nigeria?
Malawi, at 26.27 against 13.73 in Nigeria as of 2018.
What is the difference in nominal effecive exchange rate between Malawi and Nigeria?
12.54, with Malawi ahead.
How many years of comparable data are there for Malawi and Nigeria?
19 years are reported by both, from 2000 to 2018.
How do Malawi and Nigeria rank globally for nominal effecive exchange rate?
Malawi ranks 108th 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