Nominal Effecive Exchange Rate in Ecuador

Ecuador: Nominal Effecive Exchange Rate was 116.69 in 2024. ▼ Falling

Latest (2024)
116.69
Change on year
up 2.2%
World rank
20th
of 112 countries
All-time high
122.23
in 2001
All-time low
95.05
in 2011
Years of data
31
1994–2024

Nominal Effecive Exchange Rate in Ecuador, 1994–2024

02550751001251994200920241994: 106.41995: 102.91996: 1061997: 1111998: 118.41999: 116.72000: 1182001: 122.22002: 1222003: 117.92004: 114.72005: 113.52006: 1122007: 106.92008: 1012009: 102.72010: 1002011: 952012: 95.92013: 96.22014: 97.52015: 103.72016: 106.82017: 106.82018: 104.42019: 107.92020: 108.82021: 104.32022: 110.42023: 114.22024: 116.7

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 Ecuador is 116.69, measured in 2024.

That represents a change of up 2.2% on the previous year and up 19.7% over ten years.

Over the whole period, nominal effecive exchange rate in Ecuador peaked at 122.23 in 2001 and was at its lowest, 95.05, in 2011.

That places Ecuador 20th out of 112 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 110.24 102.93 118.41 6
2000s 113.09 101.02 122.23 10
2010s 101.42 95.05 107.87 10
2020s 110.88 104.26 116.69 5

Countries ranked near Ecuador

  1. 17 Taiwan 120.21 compare
  2. 18 Saint Vincent and the Grenadines 117.28 compare
  3. 19 Thailand 116.89 compare
  4. 21 Belize 115.93 compare
  5. 22 Solomon Islands 115.28 compare
  6. 23 Qatar 113.95 compare

See the full ranking of 122 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is nominal effecive exchange rate in Ecuador?
Nominal effecive exchange rate in Ecuador was 116.69 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 Ecuador?
The highest recorded value was 122.23 in 2001.
What is the lowest nominal effecive exchange rate recorded in Ecuador?
The lowest recorded value was 95.05 in 2011.
How does Ecuador rank for nominal effecive exchange rate?
Ecuador ranks 20th out of 112 countries with data for 2024.
Is nominal effecive exchange rate rising or falling in Ecuador?
Over the last ten years it is up 19.7%. The long-run trend across the full record is falling.
Where does this Ecuador 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