Nominal Effecive Exchange Rate in Ghana

Ghana: Nominal Effecive Exchange Rate was 35.87 in 2018. ◆ Volatile

Latest (2018)
35.87
Change on year
down 6.4%
World rank
105th
of 112 countries
All-time high
343.66
in 2000
All-time low
35.87
in 2018
Years of data
19
2000–2018

Nominal Effecive Exchange Rate in Ghana, 2000–2018

01002003002000200920182000: 343.72001: 263.32002: 234.22003: 189.72004: 169.72005: 166.82006: 163.42007: 151.62008: 1312009: 101.82010: 1002011: 90.92012: 78.72013: 72.52014: 50.32015: 42.42016: 42.42017: 38.32018: 35.9

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

Analysis

Ghana recorded 35.87 for nominal effecive exchange rate in 2018. That is the lowest value across all 19 years on record.

Compared with earlier readings it is down 6.4% on the previous year and down 72.6% over ten years.

Over the whole period, nominal effecive exchange rate in Ghana peaked at 343.66 in 2000 and was at its lowest, 35.87, in 2018.

Ghana ranks 105th of 112 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 191.53 101.82 343.66 10
2010s 61.27 35.87 100 9

Countries ranked near Ghana

  1. 102 Russia 51.15 compare
  2. 103 Ukraine 42.16 compare
  3. 104 Pakistan 38.89 compare
  4. 106 Venezuela 33.52 compare
  5. 107 Iran 28.91 compare
  6. 108 Malawi 26.27 compare

See the full ranking of 122 places →

More reference data data for Ghana

All data for Ghana →

Frequently asked questions

What is nominal effecive exchange rate in Ghana?
Nominal effecive exchange rate in Ghana was 35.87 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 Ghana?
The highest recorded value was 343.66 in 2000.
What is the lowest nominal effecive exchange rate recorded in Ghana?
The lowest recorded value was 35.87 in 2018.
How does Ghana rank for nominal effecive exchange rate?
Ghana ranks 105th out of 112 countries with data for 2018.
Is nominal effecive exchange rate rising or falling in Ghana?
Over the last ten years it is down 72.6%. The long-run trend across the full record is volatile.
Where does this Ghana 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