Grenada vs Nicaragua: Real Effective Exchange Rate
Grenada
95.43
in 2018
Nicaragua
95.57
in 2018
Grenada rank
74th
Nicaragua rank
73rd
Real Effective Exchange Rate over time
- Grenada
- Nicaragua
How they compare
Nicaragua currently reports 95.57 against 95.43 in Grenada, a difference of 0.14.
The two have swapped places 3 times across 19 shared years of data; in 2000 it was Grenada ahead.
Grenada ranks 74th and Nicaragua ranks 73rd of 107 countries.
Across the 2 decades both report, Grenada averaged higher in 1 and Nicaragua in 1.
Head to head by decade
| Decade | Grenada | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 104.42 | 101.65 | 2.77 | Grenada |
| 2010s | 97.14 | 98.43 | 1.29 | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Grenada or Nicaragua?
- Nicaragua, at 95.57 against 95.43 in Grenada as of 2018.
- What is the difference in real effective exchange rate between Grenada and Nicaragua?
- 0.14, with Nicaragua ahead.
- How many years of comparable data are there for Grenada and Nicaragua?
- 19 years are reported by both, from 2000 to 2018.
- How do Grenada and Nicaragua rank globally for real effective exchange rate?
- Grenada ranks 74th and Nicaragua ranks 73rd of 107 countries.
- Where does this data come from?
- World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as Real Effective Exchange Rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.