Nominal Effecive Exchange Rate in Denmark
Denmark: Nominal Effecive Exchange Rate was 107.88 in 2024. ▲ Rising
Nominal Effecive Exchange Rate in Denmark, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Denmark recorded 107.88 for nominal effecive exchange rate in 2024. That is the highest value across all 31 years on record.
That represents a change of up 0.9% on the previous year and up 7.3% over ten years.
Over the whole period, nominal effecive exchange rate in Denmark peaked at 107.88 in 2024 and was at its lowest, 91.74, in 1994.
Denmark ranks 38th of 112 countries on this measure, 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 Denmark, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 91.74 | — |
| 1995 | 97.7 | +6.5% |
| 1996 | 96.5 | -1.2% |
| 1997 | 94.09 | -2.5% |
| 1998 | 96.79 | +2.9% |
| 1999 | 96.64 | -0.2% |
| 2000 | 92.35 | -4.4% |
| 2001 | 93.28 | +1.0% |
| 2002 | 94.42 | +1.2% |
| 2003 | 98.9 | +4.7% |
| 2004 | 100.44 | +1.6% |
| 2005 | 99.45 | -1.0% |
| 2006 | 99.28 | -0.2% |
| 2007 | 100.82 | +1.6% |
| 2008 | 102.64 | +1.8% |
| 2009 | 104.81 | +2.1% |
| 2010 | 100 | -4.6% |
| 2011 | 99.63 | -0.4% |
| 2012 | 97.03 | -2.6% |
| 2013 | 98.99 | +2.0% |
| 2014 | 100.51 | +1.5% |
| 2015 | 96.84 | -3.7% |
| 2016 | 98.98 | +2.2% |
| 2017 | 100.13 | +1.2% |
| 2018 | 102.61 | +2.5% |
| 2019 | 102.23 | -0.4% |
| 2020 | 104.09 | +1.8% |
| 2021 | 104.32 | +0.2% |
| 2022 | 103.44 | -0.8% |
| 2023 | 106.97 | +3.4% |
| 2024 | 107.88 | +0.9% |
Denmark compared with similar countries
- Denmark's 107.88 is above the median for high income countries, which is 104.58, 1.0× the median. (54 countries reporting)
- Denmark's 107.88 is above the median for Europe & Central Asia, which is 103.13, 1.0× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 95.58 | 91.74 | 97.7 | 6 |
| 2000s | 98.64 | 92.35 | 104.81 | 10 |
| 2010s | 99.7 | 96.84 | 102.61 | 10 |
| 2020s | 105.34 | 103.44 | 107.88 | 5 |
Countries ranked near Denmark
More reference data data for Denmark
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.1 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1915 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.65 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.4109 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.65 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.7 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 2.16 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.03 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 12.99 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.24 (2050)
Frequently asked questions
- What is nominal effecive exchange rate in Denmark?
- Nominal effecive exchange rate in Denmark was 107.88 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 Denmark?
- The highest recorded value was 107.88 in 2024.
- What is the lowest nominal effecive exchange rate recorded in Denmark?
- The lowest recorded value was 91.74 in 1994.
- How does Denmark rank for nominal effecive exchange rate?
- Denmark ranks 38th out of 112 countries with data for 2024.
- Is nominal effecive exchange rate rising or falling in Denmark?
- Over the last ten years it is up 7.3%. The long-run trend across the full record is rising.
- Where does this Denmark 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