Nominal Effecive Exchange Rate in Grenada

Grenada: Nominal Effecive Exchange Rate was 110.76 in 2018. β–² Rising

Latest (2018)
110.76
Change on year
down 1.0%
World rank
32nd
of 112 countries
All-time high
111.85
in 2017
All-time low
96.09
in 2008
Years of data
19
2000–2018

Nominal Effecive Exchange Rate in Grenada, 2000–2018

02550751002000200920182000: 105.92001: 107.92002: 107.12003: 1032004: 100.22005: 99.72006: 100.12007: 97.42008: 96.12009: 100.12010: 1002011: 98.72012: 100.62013: 1022014: 102.62015: 108.42016: 111.32017: 111.82018: 110.8

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

Analysis

Grenada recorded 110.76 for nominal effecive exchange rate in 2018.

That represents a change of down 1.0% on the previous year and up 15.3% over ten years.

Over the whole period, nominal effecive exchange rate in Grenada peaked at 111.85 in 2017 and was at its lowest, 96.09, in 2008.

That places Grenada 32nd out of 112 countries with data for 2018, putting it in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 101.73 96.09 107.88 10
2010s 105.14 98.68 111.85 9

Countries ranked near Grenada

  1. 29 Cote d'Ivoire 111.6 compare
  2. 30 Central African Republic 111.54 compare
  3. 31 Antigua and Barbuda 110.97 compare
  4. 33 Saint Lucia 110.62 compare
  5. 34 Saint Kitts and Nevis 109.83 compare
  6. 35 Armenia 109.21 compare

See the full ranking of 122 places β†’

More reference data data for Grenada

All data for Grenada β†’

Frequently asked questions

What is nominal effecive exchange rate in Grenada?
Nominal effecive exchange rate in Grenada was 110.76 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 Grenada?
The highest recorded value was 111.85 in 2017.
What is the lowest nominal effecive exchange rate recorded in Grenada?
The lowest recorded value was 96.09 in 2008.
How does Grenada rank for nominal effecive exchange rate?
Grenada ranks 32nd out of 112 countries with data for 2018.
Is nominal effecive exchange rate rising or falling in Grenada?
Over the last ten years it is up 15.3%. The long-run trend across the full record is rising.
Where does this Grenada 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