Nominal Effecive Exchange Rate in Australia
Australia: Nominal Effecive Exchange Rate was 88.93 in 2024. ▲ Rising
Nominal Effecive Exchange Rate in Australia, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2024, nominal effecive exchange rate in Australia stood at 88.93.
The figure is up 1.1% on the previous year and down 9.8% over ten years.
Over the whole period, nominal effecive exchange rate in Australia peaked at 110.15 in 2012 and was at its lowest, 71.72, in 2001.
That places Australia 79th out of 112 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Nominal Effecive Exchange Rate in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 81.35 | — |
| 1995 | 78.99 | -2.9% |
| 1996 | 86.33 | +9.3% |
| 1997 | 87.35 | +1.2% |
| 1998 | 82.23 | -5.9% |
| 1999 | 82.49 | +0.3% |
| 2000 | 76.63 | -7.1% |
| 2001 | 71.72 | -6.4% |
| 2002 | 73.96 | +3.1% |
| 2003 | 81.92 | +10.8% |
| 2004 | 87.97 | +7.4% |
| 2005 | 90.26 | +2.6% |
| 2006 | 88.52 | -1.9% |
| 2007 | 94.03 | +6.2% |
| 2008 | 92.14 | -2.0% |
| 2009 | 88.12 | -4.4% |
| 2010 | 100 | +13.5% |
| 2011 | 107.4 | +7.4% |
| 2012 | 110.15 | +2.6% |
| 2013 | 104.23 | -5.4% |
| 2014 | 98.6 | -5.4% |
| 2015 | 89.74 | -9.0% |
| 2016 | 90.92 | +1.3% |
| 2017 | 93.59 | +2.9% |
| 2018 | 89.99 | -3.9% |
| 2019 | 86.23 | -4.2% |
| 2020 | 85.64 | -0.7% |
| 2021 | 90.38 | +5.5% |
| 2022 | 89.93 | -0.5% |
| 2023 | 88 | -2.1% |
| 2024 | 88.93 | +1.1% |
Australia compared with similar countries
- Australia's 88.93 is below the median for high income countries, which is 104.58, 85% of the median. (54 countries reporting)
- Australia's 88.93 is below the median for East Asia & Pacific, which is 101.8, 87% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 83.12 | 78.99 | 87.35 | 6 |
| 2000s | 84.53 | 71.72 | 94.03 | 10 |
| 2010s | 97.08 | 86.23 | 110.15 | 10 |
| 2020s | 88.58 | 85.64 | 90.38 | 5 |
Countries ranked near Australia
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is nominal effecive exchange rate in Australia?
- Nominal effecive exchange rate in Australia was 88.93 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 Australia?
- The highest recorded value was 110.15 in 2012.
- What is the lowest nominal effecive exchange rate recorded in Australia?
- The lowest recorded value was 71.72 in 2001.
- How does Australia rank for nominal effecive exchange rate?
- Australia ranks 79th out of 112 countries with data for 2024.
- Is nominal effecive exchange rate rising or falling in Australia?
- Over the last ten years it is down 9.8%. The long-run trend across the full record is rising.
- Where does this Australia 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