Nominal Effecive Exchange Rate in Grenada
Grenada: Nominal Effecive Exchange Rate was 110.76 in 2018. ▲ Rising
Nominal Effecive Exchange Rate in Grenada, 2000–2018
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.
Nominal Effecive Exchange Rate in Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 105.87 | — |
| 2001 | 107.88 | +1.9% |
| 2002 | 107.06 | -0.8% |
| 2003 | 103.01 | -3.8% |
| 2004 | 100.18 | -2.8% |
| 2005 | 99.71 | -0.5% |
| 2006 | 100.08 | +0.4% |
| 2007 | 97.39 | -2.7% |
| 2008 | 96.09 | -1.3% |
| 2009 | 100.08 | +4.2% |
| 2010 | 100 | -0.1% |
| 2011 | 98.68 | -1.3% |
| 2012 | 100.64 | +2.0% |
| 2013 | 102 | +1.4% |
| 2014 | 102.61 | +0.6% |
| 2015 | 108.37 | +5.6% |
| 2016 | 111.32 | +2.7% |
| 2017 | 111.85 | +0.5% |
| 2018 | 110.76 | -1.0% |
Grenada compared with similar countries
- Grenada's 110.76 is above the median for upper middle income countries, which is 102.78, 1.1× the median. (32 countries reporting)
- Grenada's 110.76 is above the median for Latin America & Caribbean, which is 107.73, 1.0× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 101.73 | 96.09 | 107.88 | 10 |
| 2010s | 105.14 | 98.68 | 111.85 | 9 |
Countries ranked near Grenada
- 29 Cote d'Ivoire 111.6 compare
- 30 Central African Republic 111.54 compare
- 31 Antigua and Barbuda 110.97 compare
- 33 Saint Lucia 110.62 compare
- 34 Saint Kitts and Nevis 109.83 compare
- 35 Armenia 109.21 compare
More reference data data for Grenada
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0023 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0047 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.007 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.007 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0076 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0034 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0219 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.0331 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0001 (2050)
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.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
A measure of the value of a currency against a weighted average of several foreign currencies