Nominal Effecive Exchange Rate in Ecuador
Ecuador: Nominal Effecive Exchange Rate was 116.69 in 2024. ▼ Falling
Nominal Effecive Exchange Rate in Ecuador, 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 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.
Nominal Effecive Exchange Rate in Ecuador, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 106.39 | — |
| 1995 | 102.93 | -3.3% |
| 1996 | 105.99 | +3.0% |
| 1997 | 111 | +4.7% |
| 1998 | 118.41 | +6.7% |
| 1999 | 116.72 | -1.4% |
| 2000 | 118.02 | +1.1% |
| 2001 | 122.23 | +3.6% |
| 2002 | 121.96 | -0.2% |
| 2003 | 117.88 | -3.4% |
| 2004 | 114.75 | -2.7% |
| 2005 | 113.46 | -1.1% |
| 2006 | 111.98 | -1.3% |
| 2007 | 106.9 | -4.5% |
| 2008 | 101.02 | -5.5% |
| 2009 | 102.66 | +1.6% |
| 2010 | 100.01 | -2.6% |
| 2011 | 95.05 | -5.0% |
| 2012 | 95.87 | +0.9% |
| 2013 | 96.23 | +0.4% |
| 2014 | 97.5 | +1.3% |
| 2015 | 103.71 | +6.4% |
| 2016 | 106.77 | +3.0% |
| 2017 | 106.77 | -0.0% |
| 2018 | 104.4 | -2.2% |
| 2019 | 107.87 | +3.3% |
| 2020 | 108.83 | +0.9% |
| 2021 | 104.26 | -4.2% |
| 2022 | 110.41 | +5.9% |
| 2023 | 114.23 | +3.5% |
| 2024 | 116.69 | +2.2% |
Ecuador compared with similar countries
- Ecuador's 116.69 is above the median for upper middle income countries, which is 102.78, 1.1× the median. (32 countries reporting)
- Ecuador's 116.69 is above the median for Latin America & Caribbean, which is 107.73, 1.1× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Ecuador
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9379 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.74 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1826 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.74 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.14 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.18 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 13.63 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 23.57 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9943 (2050)
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
A measure of the value of a currency against a weighted average of several foreign currencies