Nominal Effecive Exchange Rate in Denmark

Denmark: Nominal Effecive Exchange Rate was 107.88 in 2024. β–² Rising

Latest (2024)
107.88
Change on year
up 0.9%
World rank
38th
of 112 countries
All-time high
107.88
in 2024
All-time low
91.74
in 1994
Years of data
31
1994–2024

Nominal Effecive Exchange Rate in Denmark, 1994–2024

02550751001994200920241994: 91.71995: 97.71996: 96.51997: 94.11998: 96.81999: 96.62000: 92.42001: 93.32002: 94.42003: 98.92004: 100.42005: 99.52006: 99.32007: 100.82008: 102.62009: 104.82010: 1002011: 99.62012: 972013: 992014: 100.52015: 96.82016: 992017: 100.12018: 102.62019: 102.22020: 104.12021: 104.32022: 103.42023: 1072024: 107.9

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 35 Armenia 109.21 compare
  2. 36 Togo 108.74 compare
  3. 37 Czechia 108.58 compare
  4. 39 Trinidad and Tobago 107.73 compare
  5. 40 Samoa 107.57 compare
  6. 41 Peru 107.5 compare

See the full ranking of 122 places β†’

More reference data data for Denmark

All data for Denmark β†’

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

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