Nominal Effecive Exchange Rate in Gambia
Gambia: Nominal Effecive Exchange Rate was 69.19 in 2018. ▼ Falling
Nominal Effecive Exchange Rate in Gambia, 2000–2018
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 Gambia is 69.19, measured in 2018.
Compared with earlier readings it is down 5.0% on the previous year and down 42.0% over ten years.
Over the whole period, nominal effecive exchange rate in Gambia peaked at 264.23 in 2000 and was at its lowest, 65.35, in 2015.
That places Gambia 92nd out of 112 countries with data for 2018, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Nominal Effecive Exchange Rate in Gambia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 264.23 | — |
| 2001 | 225.03 | -14.8% |
| 2002 | 175.73 | -21.9% |
| 2003 | 111.65 | -36.5% |
| 2004 | 98.62 | -11.7% |
| 2005 | 102.81 | +4.3% |
| 2006 | 103.41 | +0.6% |
| 2007 | 111.11 | +7.4% |
| 2008 | 119.23 | +7.3% |
| 2009 | 104.41 | -12.4% |
| 2010 | 100 | -4.2% |
| 2011 | 92.69 | -7.3% |
| 2012 | 88.71 | -4.3% |
| 2013 | 79.22 | -10.7% |
| 2014 | 68.99 | -12.9% |
| 2015 | 65.35 | -5.3% |
| 2016 | 75.3 | +15.2% |
| 2017 | 72.82 | -3.3% |
| 2018 | 69.19 | -5.0% |
Gambia compared with similar countries
- Gambia's 69.19 is below the median for low income countries, which is 72.59, 95% of the median. (7 countries reporting)
- Gambia's 69.19 is below the median for Sub-Saharan Africa, which is 72.59, 95% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 141.62 | 98.62 | 264.23 | 10 |
| 2010s | 79.14 | 65.35 | 100 | 9 |
Countries ranked near Gambia
More reference data data for Gambia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0121 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2798 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.3524 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.3524 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0407 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0331 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.36 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.72 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1264 (2050)
Frequently asked questions
- What is nominal effecive exchange rate in Gambia?
- Nominal effecive exchange rate in Gambia was 69.19 in 2018, 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 Gambia?
- The highest recorded value was 264.23 in 2000.
- What is the lowest nominal effecive exchange rate recorded in Gambia?
- The lowest recorded value was 65.35 in 2015.
- How does Gambia rank for nominal effecive exchange rate?
- Gambia ranks 92nd out of 112 countries with data for 2018.
- Is nominal effecive exchange rate rising or falling in Gambia?
- Over the last ten years it is down 42.0%. The long-run trend across the full record is falling.
- Where does this Gambia 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