Nigeria vs Turkey: Nominal Effecive Exchange Rate
Nigeria
13.73
in 2024
Turkey
6.05
in 2024
Nigeria rank
110th
Turkey rank
111th
Nominal Effecive Exchange Rate over time
- Nigeria
- Turkey
How they compare
Nigeria currently reports 13.73 against 6.05 in Turkey, a difference of 7.68.
That makes Nigeria's figure about 2.3 times Turkey's.
The two have swapped places 3 times across 29 shared years of data; in 1996 it was Turkey ahead.
Nigeria ranks 110th and Turkey ranks 111th of 112 countries.
Across the 4 decades both report, Nigeria averaged higher in 2 and Turkey in 2.
Head to head by decade
| Decade | Nigeria | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 223.59 | 932.48 | 708.89 | Turkey |
| 2000s | 134.37 | 137.19 | 2.82 | Turkey |
| 2010s | 80.97 | 66.27 | 14.7 | Nigeria |
| 2020s | 36.8 | 14.56 | 22.25 | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher nominal effecive exchange rate, Nigeria or Turkey?
- Nigeria, at 13.73 against 6.05 in Turkey as of 2024.
- What is the difference in nominal effecive exchange rate between Nigeria and Turkey?
- 7.68, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Turkey?
- 29 years are reported by both, from 1996 to 2024.
- How do Nigeria and Turkey rank globally for nominal effecive exchange rate?
- Nigeria ranks 110th and Turkey ranks 111th 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