Nominal Effecive Exchange Rate in Europe & Central Asia (excluding high income)

Europe & Central Asia (excluding high income): Nominal Effecive Exchange Rate was 6.68 in 2024. ◆ Volatile

Latest (2024)
6.68
Change on year
down 28.0%
Rank
10th
of 10 groups
All-time high
2,544
in 1995
All-time low
6.68
in 2024
Years of data
30
1995–2024

Nominal Effecive Exchange Rate in Europe & Central Asia (excluding high income), 1995–2024

01.0k2.0k3.0k1995200920241995: 2.5k1996: 1.5k1997: 915.81998: 556.71999: 374.82000: 274.62001: 168.92002: 133.92003: 120.12004: 116.92005: 121.52006: 1152007: 1162008: 111.42009: 97.82010: 1002011: 88.72012: 882013: 83.92014: 72.62015: 64.22016: 59.62017: 50.72018: 41.12019: 35.52020: 292021: 22.52022: 132023: 9.32024: 6.7

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

In 2024, nominal effecive exchange rate in Europe & Central Asia (excluding high income) stood at 6.68. That is the lowest value across all 30 years on record.

The figure is down 28.0% on the previous year and down 90.8% over ten years.

Over the whole period, nominal effecive exchange rate in Europe & Central Asia (excluding high income) peaked at 2,544 in 1995 and was at its lowest, 6.68, in 2024.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,180 374.83 2,544 5
2000s 137.61 97.79 274.65 10
2010s 68.42 35.49 100.01 10
2020s 16.09 6.68 28.97 5

Countries ranked near Europe & Central Asia (excluding high income)

  1. 7 Israel 131.78 compare
  2. 8 Iceland 131.38 compare
  3. 9 United States 131.25 compare
  4. 10 Bulgaria 127.46 compare
  5. 11 China (People’s Republic of) 126.2 compare
  6. 12 Singapore 125.37 compare
  7. 13 Kuwait 123.29 compare

See the full ranking of 122 places →

More reference data data for Europe & Central Asia (excluding high income)

All data for Europe & Central Asia (excluding high income) →

Frequently asked questions

What is nominal effecive exchange rate in Europe & Central Asia (excluding high income)?
Nominal effecive exchange rate in Europe & Central Asia (excluding high income) was 6.68 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 Europe & Central Asia (excluding high income)?
The highest recorded value was 2,544 in 1995.
What is the lowest nominal effecive exchange rate recorded in Europe & Central Asia (excluding high income)?
The lowest recorded value was 6.68 in 2024.
How does Europe & Central Asia (excluding high income) rank for nominal effecive exchange rate?
Europe & Central Asia (excluding high income) ranks 10th out of 10 groups with data for 2024.
Is nominal effecive exchange rate rising or falling in Europe & Central Asia (excluding high income)?
Over the last ten years it is down 90.8%. The long-run trend across the full record is volatile.
Where does this Europe & Central Asia (excluding high income) 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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Nominal Effecive Exchange Rate in Europe & Central Asia (excluding high income). Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 19 August 2026, from https://reference.statizoid.com/stat/nominal-effecive-exchange-rate/europe-and-central-asia-excluding-high-income/

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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