Nominal Effecive Exchange Rate in Canada
Canada: Nominal Effecive Exchange Rate was 85.21 in 2024. ▲ Rising
Nominal Effecive Exchange Rate in Canada, 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 Canada is 85.21, measured in 2024.
Compared with earlier readings it is up 0.1% on the previous year and down 8.8% over ten years.
Over the whole period, nominal effecive exchange rate in Canada peaked at 102.29 in 2012 and was at its lowest, 69.87, in 2002.
That places Canada 81st 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 Canada, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 72.56 | — |
| 1995 | 72.38 | -0.3% |
| 1996 | 74.29 | +2.6% |
| 1997 | 75.04 | +1.0% |
| 1998 | 72.38 | -3.5% |
| 1999 | 72.22 | -0.2% |
| 2000 | 73.14 | +1.3% |
| 2001 | 71.02 | -2.9% |
| 2002 | 69.87 | -1.6% |
| 2003 | 77.23 | +10.5% |
| 2004 | 82.07 | +6.3% |
| 2005 | 87.63 | +6.8% |
| 2006 | 93.22 | +6.4% |
| 2007 | 96.91 | +4.0% |
| 2008 | 95.89 | -1.1% |
| 2009 | 91.38 | -4.7% |
| 2010 | 100 | +9.4% |
| 2011 | 102 | +2.0% |
| 2012 | 102.29 | +0.3% |
| 2013 | 99.57 | -2.7% |
| 2014 | 93.42 | -6.2% |
| 2015 | 84.54 | -9.5% |
| 2016 | 82.91 | -1.9% |
| 2017 | 84.61 | +2.0% |
| 2018 | 84.23 | -0.4% |
| 2019 | 83.78 | -0.5% |
| 2020 | 83.62 | -0.2% |
| 2021 | 87.67 | +4.8% |
| 2022 | 87.72 | +0.1% |
| 2023 | 85.14 | -2.9% |
| 2024 | 85.21 | +0.1% |
Canada compared with similar countries
- Canada's 85.21 is below the median for high income countries, which is 104.58, 81% of the median. (54 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 73.14 | 72.22 | 75.04 | 6 |
| 2000s | 83.84 | 69.87 | 96.91 | 10 |
| 2010s | 91.73 | 82.91 | 102.29 | 10 |
| 2020s | 85.87 | 83.62 | 87.72 | 5 |
Countries ranked near Canada
More reference data data for Canada
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.92 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 20.47 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.92 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 20.47 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 6.86 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.45 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 22.03 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 99.83 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 15.88 (2050)
Frequently asked questions
- What is nominal effecive exchange rate in Canada?
- Nominal effecive exchange rate in Canada was 85.21 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 Canada?
- The highest recorded value was 102.29 in 2012.
- What is the lowest nominal effecive exchange rate recorded in Canada?
- The lowest recorded value was 69.87 in 2002.
- How does Canada rank for nominal effecive exchange rate?
- Canada ranks 81st out of 112 countries with data for 2024.
- Is nominal effecive exchange rate rising or falling in Canada?
- Over the last ten years it is down 8.8%. The long-run trend across the full record is rising.
- Where does this Canada 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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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
A measure of the value of a currency against a weighted average of several foreign currencies