Nominal Effecive Exchange Rate in Argentina

Argentina: Nominal Effecive Exchange Rate was 0.6942 in 2024. ◆ Volatile

Latest (2024)
0.6942
Change on year
down 69.9%
World rank
112th
of 112 countries
All-time high
485.46
in 2001
All-time low
0.6942
in 2024
Years of data
31
1994–2024

Nominal Effecive Exchange Rate in Argentina, 1994–2024

01002003004005001994200920241994: 278.41995: 305.91996: 322.91997: 347.31998: 369.71999: 420.92000: 439.22001: 485.52002: 1842003: 173.72004: 166.52005: 155.52006: 141.32007: 130.72008: 122.62009: 110.32010: 1002011: 90.82012: 88.12013: 75.62014: 53.12015: 54.52016: 35.22017: 30.72018: 19.62019: 11.62020: 8.42021: 6.22022: 4.72023: 2.32024: 0.694

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

The most recent figure for nominal effecive exchange rate in Argentina is 0.6942, measured in 2024. That is the lowest value across all 31 years on record.

Compared with earlier readings it is down 69.9% on the previous year and down 98.7% over ten years.

Over the whole period, nominal effecive exchange rate in Argentina peaked at 485.46 in 2001 and was at its lowest, 0.6942, in 2024.

That places Argentina 112th out of 112 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 340.86 278.42 420.93 6
2000s 210.92 110.31 485.46 10
2010s 55.93 11.58 100.03 10
2020s 4.47 0.6942 8.45 5

Countries ranked near Argentina

  1. 109 Egypt 19.55 compare
  2. 110 Nigeria 13.73 compare
  3. 111 Turkey 6.05 compare

See the full ranking of 122 places →

More reference data data for Argentina

All data for Argentina →

Frequently asked questions

What is nominal effecive exchange rate in Argentina?
Nominal effecive exchange rate in Argentina was 0.6942 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest nominal effecive exchange rate recorded in Argentina?
The highest recorded value was 485.46 in 2001.
What is the lowest nominal effecive exchange rate recorded in Argentina?
The lowest recorded value was 0.6942 in 2024.
How does Argentina rank for nominal effecive exchange rate?
Argentina ranks 112th out of 112 countries with data for 2024.
Is nominal effecive exchange rate rising or falling in Argentina?
Over the last ten years it is down 98.7%. The long-run trend across the full record is volatile.
Where does this Argentina data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Nominal Effecive Exchange Rate. Statizoid updates them automatically from the source API.

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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