Nominal Effecive Exchange Rate in Iceland

Iceland: Nominal Effecive Exchange Rate was 131.38 in 2018. ▼ Falling

Latest (2018)
131.38
Change on year
down 3.1%
World rank
8th
of 112 countries
All-time high
207.81
in 2005
All-time low
97.15
in 2012
Years of data
19
2000–2018

Nominal Effecive Exchange Rate in Iceland, 2000–2018

0501001502002000200920182000: 2022001: 170.42002: 174.52003: 185.32004: 188.52005: 207.82006: 185.22007: 190.52008: 138.72009: 99.82010: 1002011: 100.62012: 97.22013: 99.52014: 105.82015: 107.92016: 120.92017: 135.62018: 131.4

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

Analysis

Iceland recorded 131.38 for nominal effecive exchange rate in 2018.

That represents a change of down 3.1% on the previous year and down 5.3% over ten years.

Over the whole period, nominal effecive exchange rate in Iceland peaked at 207.81 in 2005 and was at its lowest, 97.15, in 2012.

That places Iceland 8th out of 112 countries with data for 2018, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 174.27 99.75 207.81 10
2010s 110.99 97.15 135.6 9

Countries ranked near Iceland

  1. 5 Panama 133.38 compare
  2. 6 Iraq 132.94 compare
  3. 7 Israel 131.78 compare
  4. 9 United States 131.25 compare
  5. 10 Bulgaria 127.46 compare
  6. 11 China 126.2 compare

See the full ranking of 122 places →

More reference data data for Iceland

All data for Iceland →

Frequently asked questions

What is nominal effecive exchange rate in Iceland?
Nominal effecive exchange rate in Iceland was 131.38 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 Iceland?
The highest recorded value was 207.81 in 2005.
What is the lowest nominal effecive exchange rate recorded in Iceland?
The lowest recorded value was 97.15 in 2012.
How does Iceland rank for nominal effecive exchange rate?
Iceland ranks 8th out of 112 countries with data for 2018.
Is nominal effecive exchange rate rising or falling in Iceland?
Over the last ten years it is down 5.3%. The long-run trend across the full record is falling.
Where does this Iceland 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