Nominal Effecive Exchange Rate in Argentina
Argentina: Nominal Effecive Exchange Rate was 0.6942 in 2024. ◆ Volatile
Nominal Effecive Exchange Rate in Argentina, 1994–2024
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.
Nominal Effecive Exchange Rate in Argentina, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 278.42 | — |
| 1995 | 305.9 | +9.9% |
| 1996 | 322.91 | +5.6% |
| 1997 | 347.32 | +7.6% |
| 1998 | 369.7 | +6.4% |
| 1999 | 420.93 | +13.9% |
| 2000 | 439.24 | +4.3% |
| 2001 | 485.46 | +10.5% |
| 2002 | 184.02 | -62.1% |
| 2003 | 173.67 | -5.6% |
| 2004 | 166.5 | -4.1% |
| 2005 | 155.49 | -6.6% |
| 2006 | 141.29 | -9.1% |
| 2007 | 130.66 | -7.5% |
| 2008 | 122.6 | -6.2% |
| 2009 | 110.31 | -10.0% |
| 2010 | 100.03 | -9.3% |
| 2011 | 90.82 | -9.2% |
| 2012 | 88.09 | -3.0% |
| 2013 | 75.65 | -14.1% |
| 2014 | 53.06 | -29.9% |
| 2015 | 54.54 | +2.8% |
| 2016 | 35.23 | -35.4% |
| 2017 | 30.66 | -13.0% |
| 2018 | 19.61 | -36.0% |
| 2019 | 11.58 | -41.0% |
| 2020 | 8.45 | -27.0% |
| 2021 | 6.17 | -26.9% |
| 2022 | 4.74 | -23.2% |
| 2023 | 2.31 | -51.3% |
| 2024 | 0.6942 | -69.9% |
Argentina compared with similar countries
- Argentina's 0.6942 is below the median for upper middle income countries, which is 102.78, 1% of the median. (32 countries reporting)
- Argentina's 0.6942 is below the median for Latin America & Caribbean, which is 107.73, 1% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Argentina
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.56 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 20.99 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 37.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 5.76 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 37.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.24 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.69 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 111.77 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 187.7 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 31.35 (2050)
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
A measure of the value of a currency against a weighted average of several foreign currencies