Nominal Effecive Exchange Rate by country
A measure of the value of a currency against a weighted average of several foreign currencies
What the numbers show
Nominal Effecive Exchange Rate is currently reported for 112 countries. The highest value is 149.57 in Switzerland; the lowest is 0.6942 in Argentina.
The median across all reporting countries is 103.19, and the mean is 94.88.
The gap between the highest and lowest reporting country is a factor of about 215.
Over the past decade 56 countries rose and 56 fell. The largest increase was in Bolivia (up 48.2%), and the largest decrease in Argentina (down 98.7%).
Nominal Effecive Exchange Rate: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Switzerland | 149.57 | 2024 | up 30.4% | rising |
| 2 | Bolivia | 141.88 | 2018 | up 48.2% | rising |
| 3 | United Arab Emirates | 136.8 | 2018 | up 41.2% | rising |
| 4 | Saudi Arabia | 135.76 | 2024 | up 33.2% | rising |
| 5 | Panama | 133.38 | 2024 | up 30.9% | rising |
| 6 | Iraq | 132.94 | 2018 | up 42.0% | volatile |
| 7 | Israel | 131.78 | 2024 | up 23.5% | rising |
| 8 | Iceland | 131.38 | 2018 | down 5.3% | falling |
| 9 | United States | 131.25 | 2024 | up 29.1% | rising |
| 10 | Bulgaria | 127.46 | 2024 | up 22.4% | volatile |
| 11 | China | 126.2 | 2024 | up 9.3% | rising |
| 12 | Singapore | 125.37 | 2024 | up 15.3% | rising |
| 13 | Kuwait | 123.29 | 2024 | up 19.3% | rising |
| 14 | Morocco | 122.81 | 2024 | up 19.3% | rising |
| 15 | Paraguay | 121.57 | 2018 | up 13.0% | rising |
| 16 | Lebanon | 120.85 | 2018 | up 26.4% | flat |
| 17 | Taiwan | 120.21 | 2024 | up 15.7% | flat |
| 18 | Saint Vincent and the Grenadines | 117.28 | 2018 | up 24.1% | flat |
| 19 | Thailand | 116.89 | 2024 | up 15.9% | rising |
| 20 | Ecuador | 116.69 | 2024 | up 19.7% | falling |
| 21 | Belize | 115.93 | 2018 | up 21.3% | rising |
| 22 | Solomon Islands | 115.28 | 2018 | up 10.7% | falling |
| 23 | Qatar | 113.95 | 2018 | up 16.8% | falling |
| 24 | Dominica | 113.38 | 2018 | up 17.5% | rising |
| 25 | Oman | 113.35 | 2018 | up 14.0% | flat |
| 26 | Guyana | 112.97 | 2018 | up 16.1% | falling |
| 27 | Latvia | 112.81 | 2018 | up 13.3% | flat |
| 28 | Bahrain | 112.55 | 2018 | up 14.1% | falling |
| 29 | Cote d'Ivoire | 111.6 | 2018 | up 6.7% | rising |
| 30 | Central African Republic | 111.54 | 2018 | up 6.3% | rising |
| 31 | Antigua and Barbuda | 110.97 | 2018 | up 18.4% | flat |
| 32 | Grenada | 110.76 | 2018 | up 15.3% | rising |
| 33 | Saint Lucia | 110.62 | 2018 | up 15.5% | rising |
| 34 | Saint Kitts and Nevis | 109.83 | 2018 | up 13.8% | flat |
| 35 | Armenia | 109.21 | 2018 | down 2.4% | rising |
| 36 | Togo | 108.74 | 2018 | up 5.5% | rising |
| 37 | Czechia | 108.58 | 2024 | up 17.1% | rising |
| 38 | Denmark | 107.88 | 2024 | up 7.3% | rising |
| 39 | Trinidad and Tobago | 107.73 | 2018 | up 8.2% | flat |
| 40 | Samoa | 107.57 | 2018 | up 14.5% | rising |
| 41 | Peru | 107.5 | 2024 | up 3.8% | rising |
| 42 | South Korea | 107.25 | 2024 | down 3.8% | falling |
| 43 | United Kingdom | 107.1 | 2024 | down 0.7% | falling |
| 44 | Georgia | 106.2 | 2018 | down 2.2% | rising |
| 45 | Gabon | 105.93 | 2018 | up 1.1% | rising |
| 46 | New Zealand | 105.32 | 2024 | down 8.8% | rising |
| 47 | Cyprus | 105.16 | 2018 | up 3.6% | rising |
| 48 | Greece | 105.12 | 2018 | up 3.5% | rising |
| 49 | Finland | 105.02 | 2018 | up 2.0% | rising |
| 50 | Bahamas | 104.73 | 2018 | up 6.8% | flat |
| 51 | Spain | 104.42 | 2018 | up 1.8% | rising |
| 52 | Poland | 104.04 | 2024 | up 6.2% | falling |
| 53 | Slovakia | 103.86 | 2018 | up 7.4% | rising |
| 54 | Italy | 103.77 | 2018 | up 1.0% | rising |
| 55 | North Macedonia | 103.31 | 2018 | up 2.8% | rising |
| 56 | Cameroon | 103.25 | 2018 | down 2.0% | flat |
| 57 | Croatia | 103.13 | 2024 | up 5.7% | rising |
| 58 | Portugal | 103.08 | 2018 | up 1.3% | flat |
| 59 | Belgium | 102.89 | 2018 | down 0.2% | rising |
| 60 | Germany | 102.48 | 2018 | down 1.3% | rising |
| 61 | Equatorial Guinea | 102.25 | 2018 | down 1.7% | rising |
| 62 | Netherlands | 102.2 | 2018 | down 1.0% | rising |
| 63 | Luxembourg | 102.15 | 2018 | up 0.3% | flat |
| 64 | France | 102.08 | 2018 | down 1.1% | flat |
| 65 | Fiji | 101.8 | 2018 | down 16.9% | falling |
| 66 | Hong Kong | 101.78 | 2018 | up 0.5% | falling |
| 67 | Austria | 101.56 | 2018 | down 0.5% | flat |
| 68 | Moldova | 101.06 | 2018 | down 2.3% | falling |
| 69 | Costa Rica | 100.01 | 2018 | up 1.4% | falling |
| 70 | Ireland | 99 | 2018 | down 5.3% | rising |
| 71 | Malta | 98.67 | 2018 | down 6.6% | flat |
| 72 | Romania | 98.67 | 2024 | up 1.3% | volatile |
| 73 | Uruguay | 98.5 | 2018 | up 8.1% | falling |
| 74 | Philippines | 97.54 | 2024 | down 4.5% | falling |
| 75 | Slovenia | 97.45 | 2015 | down 0.3% | falling |
| 76 | Papua New Guinea | 95.04 | 2018 | down 8.7% | flat |
| 77 | Burundi | 90.21 | 2018 | down 6.0% | falling |
| 78 | Sweden | 90.11 | 2024 | down 15.5% | falling |
| 79 | Australia | 88.93 | 2024 | down 9.8% | rising |
| 80 | Malaysia | 85.71 | 2024 | down 13.2% | falling |
| 81 | Canada | 85.21 | 2024 | down 8.8% | rising |
| 82 | Dominican Republic | 84.12 | 2018 | down 19.0% | falling |
| 83 | Mexico | 81.19 | 2024 | down 15.2% | falling |
| 84 | Chile | 78.9 | 2024 | down 15.3% | falling |
| 85 | Hungary | 76.26 | 2024 | down 15.9% | falling |
| 86 | Nicaragua | 75.7 | 2018 | down 29.6% | falling |
| 87 | Algeria | 75.45 | 2018 | down 30.1% | falling |
| 88 | Uganda | 75.38 | 2018 | down 36.9% | falling |
| 89 | Norway | 73.33 | 2024 | down 23.2% | falling |
| 90 | Democratic Republic of Congo | 72.59 | 2018 | down 53.6% | volatile |
| 91 | Indonesia | 72.54 | 2024 | down 6.7% | volatile |
| 92 | Gambia | 69.19 | 2018 | down 42.0% | falling |
| 93 | India | 68.14 | 2024 | down 9.0% | falling |
| 94 | Japan | 67.37 | 2024 | down 16.9% | flat |
| 95 | Lesotho | 66.2 | 2018 | down 27.0% | falling |
| 96 | Brazil | 66.2 | 2024 | down 18.4% | volatile |
| 97 | Colombia | 65.73 | 2024 | down 34.6% | falling |
| 98 | Tunisia | 63.68 | 2018 | down 40.5% | falling |
| 99 | Sierra Leone | 61.98 | 2018 | down 50.6% | falling |
| 100 | Zambia | 61.28 | 2018 | down 51.9% | falling |
| 101 | South Africa | 51.98 | 2024 | down 25.0% | falling |
| 102 | Russia | 51.15 | 2024 | down 41.5% | volatile |
| 103 | Ukraine | 42.16 | 2018 | down 69.4% | falling |
| 104 | Pakistan | 38.89 | 2024 | down 54.5% | falling |
| 105 | Ghana | 35.87 | 2018 | down 72.6% | volatile |
| 106 | Venezuela | 33.52 | 2022 | down 44.1% | volatile |
| 107 | Iran | 28.91 | 2018 | down 72.3% | volatile |
| 108 | Malawi | 26.27 | 2018 | down 75.2% | volatile |
| 109 | Egypt | 19.55 | 2024 | down 76.3% | falling |
| 110 | Nigeria | 13.73 | 2024 | down 85.8% | volatile |
| 111 | Turkey | 6.05 | 2024 | down 91.4% | volatile |
| 112 | Argentina | 0.6942 | 2024 | down 98.7% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- East Asia & Pacific (excluding high income) 120.12
- Upper middle income 95.75
- Middle income 89.43
- Low income 71.98
- South Asia 68.14
- Latin America & Caribbean (excluding high income) 64.89
- Middle East, North Africa, Afghanistan & Pakistan (excluding high income) 63.06
- Lower middle income 58.46
- Small states 33.13
- Europe & Central Asia (excluding high income) 6.68
About this data
A measure of the value of a currency against a weighted average of several foreign currencies