Nominal Effecive Exchange Rate in India
India: Nominal Effecive Exchange Rate was 68.14 in 2024. ▼ Falling
Nominal Effecive Exchange Rate in India, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
India recorded 68.14 for nominal effecive exchange rate in 2024.
That represents a change of up 0.5% on the previous year and down 9.0% over ten years.
Over the whole period, nominal effecive exchange rate in India peaked at 136.09 in 1994 and was at its lowest, 67.81, in 2023.
India ranks 93rd of 112 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Nominal Effecive Exchange Rate in India, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 136.09 | — |
| 1995 | 127.21 | -6.5% |
| 1996 | 121.01 | -4.9% |
| 1997 | 126.77 | +4.8% |
| 1998 | 120.61 | -4.9% |
| 1999 | 118.83 | -1.5% |
| 2000 | 120.2 | +1.2% |
| 2001 | 119.77 | -0.4% |
| 2002 | 115.27 | -3.8% |
| 2003 | 111.84 | -3.0% |
| 2004 | 109.64 | -2.0% |
| 2005 | 111.18 | +1.4% |
| 2006 | 107.08 | -3.7% |
| 2007 | 111.89 | +4.5% |
| 2008 | 102.65 | -8.3% |
| 2009 | 96.03 | -6.4% |
| 2010 | 99.99 | +4.1% |
| 2011 | 94.19 | -5.8% |
| 2012 | 84.1 | -10.7% |
| 2013 | 77.08 | -8.3% |
| 2014 | 74.87 | -2.9% |
| 2015 | 78.17 | +4.4% |
| 2016 | 76.58 | -2.0% |
| 2017 | 79.04 | +3.2% |
| 2018 | 74.22 | -6.1% |
| 2019 | 74.45 | +0.3% |
| 2020 | 71.12 | -4.5% |
| 2021 | 69.14 | -2.8% |
| 2022 | 69.68 | +0.8% |
| 2023 | 67.81 | -2.7% |
| 2024 | 68.14 | +0.5% |
India compared with similar countries
- India's 68.14 is below the median for lower middle income countries, which is 71.92, 95% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 125.09 | 118.83 | 136.09 | 6 |
| 2000s | 110.56 | 96.03 | 120.2 | 10 |
| 2010s | 81.27 | 74.22 | 99.99 | 10 |
| 2020s | 69.18 | 67.81 | 71.12 | 5 |
Countries ranked near India
More reference data data for India
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 20.88 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 68.88 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 246.78 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 15.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 246.78 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 70.02 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 19.71 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 309.05 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1,063 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 85.03 (2050)
Frequently asked questions
- What is nominal effecive exchange rate in India?
- Nominal effecive exchange rate in India was 68.14 in 2024, 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 India?
- The highest recorded value was 136.09 in 1994.
- What is the lowest nominal effecive exchange rate recorded in India?
- The lowest recorded value was 67.81 in 2023.
- How does India rank for nominal effecive exchange rate?
- India ranks 93rd out of 112 countries with data for 2024.
- Is nominal effecive exchange rate rising or falling in India?
- Over the last ten years it is down 9.0%. The long-run trend across the full record is falling.
- Where does this India 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