Nominal Effecive Exchange Rate in Iran

Iran: Nominal Effecive Exchange Rate was 28.91 in 2018. β—† Volatile

Latest (2018)
28.91
Change on year
down 18.3%
World rank
107th
of 112 countries
All-time high
748.88
in 2001
All-time low
28.91
in 2018
Years of data
19
2000–2018

Nominal Effecive Exchange Rate in Iran, 2000–2018

02004006008002000200920182000: 703.22001: 748.92002: 262.42003: 142.72004: 127.32005: 120.82006: 116.72007: 109.22008: 104.32009: 1062010: 1002011: 93.92012: 84.22013: 62.62014: 40.22015: 38.72016: 37.72017: 35.42018: 28.9

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

Analysis

In 2018, nominal effecive exchange rate in Iran stood at 28.91. That is the lowest value across all 19 years on record.

Compared with earlier readings it is down 18.3% on the previous year and down 72.3% over ten years.

Over the whole period, nominal effecive exchange rate in Iran peaked at 748.88 in 2001 and was at its lowest, 28.91, in 2018.

That places Iran 107th out of 112 countries with data for 2018, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 254.14 104.28 748.88 10
2010s 57.95 28.91 100 9

Countries ranked near Iran

  1. 104 Pakistan 38.89 compare
  2. 105 Ghana 35.87 compare
  3. 106 Venezuela 33.52 compare
  4. 108 Malawi 26.27 compare
  5. 109 Egypt 19.55 compare
  6. 110 Nigeria 13.73 compare

See the full ranking of 122 places β†’

More reference data data for Iran

All data for Iran β†’

Frequently asked questions

What is nominal effecive exchange rate in Iran?
Nominal effecive exchange rate in Iran was 28.91 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 Iran?
The highest recorded value was 748.88 in 2001.
What is the lowest nominal effecive exchange rate recorded in Iran?
The lowest recorded value was 28.91 in 2018.
How does Iran rank for nominal effecive exchange rate?
Iran ranks 107th out of 112 countries with data for 2018.
Is nominal effecive exchange rate rising or falling in Iran?
Over the last ten years it is down 72.3%. The long-run trend across the full record is volatile.
Where does this Iran 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