Nominal Effecive Exchange Rate in Indonesia

Indonesia: Nominal Effecive Exchange Rate was 72.54 in 2024. ◆ Volatile

Latest (2024)
72.54
Change on year
down 1.6%
World rank
91st
of 112 countries
All-time high
415.36
in 1994
All-time low
70.61
in 2021
Years of data
31
1994–2024

Nominal Effecive Exchange Rate in Indonesia, 1994–2024

1002003004001994200920241994: 415.41995: 382.11996: 387.81997: 353.61998: 109.31999: 134.52000: 128.72001: 111.82002: 122.22003: 124.82004: 114.72005: 104.32006: 109.72007: 105.12008: 95.62009: 91.12010: 1002011: 98.62012: 93.72013: 86.62014: 77.82015: 75.12016: 76.72017: 76.42018: 70.82019: 73.12020: 71.32021: 70.62022: 73.42023: 73.72024: 72.5

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

Analysis

Indonesia recorded 72.54 for nominal effecive exchange rate in 2024.

The figure is down 1.6% on the previous year and down 6.7% over ten years.

Over the whole period, nominal effecive exchange rate in Indonesia peaked at 415.36 in 1994 and was at its lowest, 70.61, in 2021.

Indonesia ranks 91st 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.

Nominal Effecive Exchange Rate in Indonesia, year by year

Annual values for Nominal Effecive Exchange Rate in Indonesia, 1994 to 2024.
Year Value Change
1994 415.36 —
1995 382.08 -8.0%
1996 387.8 +1.5%
1997 353.58 -8.8%
1998 109.34 -69.1%
1999 134.47 +23.0%
2000 128.69 -4.3%
2001 111.78 -13.1%
2002 122.21 +9.3%
2003 124.83 +2.2%
2004 114.73 -8.1%
2005 104.27 -9.1%
2006 109.67 +5.2%
2007 105.06 -4.2%
2008 95.58 -9.0%
2009 91.07 -4.7%
2010 99.99 +9.8%
2011 98.63 -1.4%
2012 93.73 -5.0%
2013 86.65 -7.6%
2014 77.76 -10.3%
2015 75.08 -3.4%
2016 76.7 +2.1%
2017 76.39 -0.4%
2018 70.78 -7.3%
2019 73.05 +3.2%
2020 71.3 -2.4%
2021 70.61 -1.0%
2022 73.38 +3.9%
2023 73.72 +0.5%
2024 72.54 -1.6%

Indonesia compared with similar countries

  • Indonesia's 72.54 is below the median for upper middle income countries, which is 102.78, 71% of the median. (32 countries reporting)
  • Indonesia's 72.54 is below the median for East Asia & Pacific, which is 101.8, 71% of the median. (15 countries reporting)

Biggest year-on-year movements

Years where Nominal Effecive Exchange Rate in Indonesia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1998 -69.1% 353.58 109.34

Averages by decade

DecadeAverage LowestHighest Years
1990s 297.11 109.34 415.36 6
2000s 110.79 91.07 128.69 10
2010s 82.88 70.78 99.99 10
2020s 72.31 70.61 73.72 5

Countries ranked near Indonesia

  1. 88 Uganda 75.38 compare
  2. 89 Norway 73.33 compare
  3. 90 Democratic Republic of Congo 72.59 compare
  4. 92 Gambia 69.19 compare
  5. 93 India 68.14 compare
  6. 94 Japan 67.37 compare

See the full ranking of 122 places →

More reference data data for Indonesia

All data for Indonesia →

Frequently asked questions

What is nominal effecive exchange rate in Indonesia?
Nominal effecive exchange rate in Indonesia was 72.54 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 Indonesia?
The highest recorded value was 415.36 in 1994.
What is the lowest nominal effecive exchange rate recorded in Indonesia?
The lowest recorded value was 70.61 in 2021.
How does Indonesia rank for nominal effecive exchange rate?
Indonesia ranks 91st out of 112 countries with data for 2024.
Is nominal effecive exchange rate rising or falling in Indonesia?
Over the last ten years it is down 6.7%. The long-run trend across the full record is volatile.
Where does this Indonesia 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 — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Nominal Effecive Exchange Rate in Indonesia. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/nominal-effecive-exchange-rate/indonesia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/nominal-effecive-exchange-rate/indonesia/">Nominal Effecive Exchange Rate in Indonesia</a> — Statizoid

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