Nominal Effecive Exchange Rate in Iran
Iran: Nominal Effecive Exchange Rate was 28.91 in 2018. ◆ Volatile
Nominal Effecive Exchange Rate in Iran, 2000–2018
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.
Nominal Effecive Exchange Rate in Iran, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 703.17 | — |
| 2001 | 748.88 | +6.5% |
| 2002 | 262.38 | -65.0% |
| 2003 | 142.69 | -45.6% |
| 2004 | 127.35 | -10.8% |
| 2005 | 120.77 | -5.2% |
| 2006 | 116.71 | -3.4% |
| 2007 | 109.23 | -6.4% |
| 2008 | 104.28 | -4.5% |
| 2009 | 105.97 | +1.6% |
| 2010 | 100 | -5.6% |
| 2011 | 93.89 | -6.1% |
| 2012 | 84.22 | -10.3% |
| 2013 | 62.58 | -25.7% |
| 2014 | 40.15 | -35.8% |
| 2015 | 38.65 | -3.7% |
| 2016 | 37.73 | -2.4% |
| 2017 | 35.39 | -6.2% |
| 2018 | 28.91 | -18.3% |
Iran compared with similar countries
- Iran's 28.91 is below the median for upper middle income countries, which is 102.78, 28% of the median. (32 countries reporting)
- Iran's 28.91 is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 113.65, 25% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Nominal Effecive Exchange Rate in Iran 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.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | -65.0% | 748.88 | 262.38 |
| 2003 | -45.6% | 262.38 | 142.69 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 254.14 | 104.28 | 748.88 | 10 |
| 2010s | 57.95 | 28.91 | 100 | 9 |
Countries ranked near Iran
More reference data data for Iran
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 26.62 (2050)
- Emission Totals - Direct emissions (N2O) - Crop Residues 5.96 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Burning - Crop residues 281.19 (2050)
- Emission Totals - Direct emissions (N2O) - Agricultural Soils 78.8 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Agricultural Soils 27,934 (2050)
- Emission Totals - Direct emissions (N2O) - Manure applied to Soils 8.15 (2050)
- Emission Totals - Direct emissions (N2O) - IPCC Agriculture 78.8 (2050)
- Emission Totals - Emissions (CH4) - Manure Management 95.57 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0.2091 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 11.62 (2050)
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
A measure of the value of a currency against a weighted average of several foreign currencies