Nominal Effecive Exchange Rate in South Korea

South Korea: Nominal Effecive Exchange Rate was 107.25 in 2024. ▼ Falling

Latest (2024)
107.25
Change on year
down 2.2%
World rank
42nd
of 112 countries
All-time high
140.72
in 1996
All-time low
93.11
in 2009
Years of data
31
1994–2024

Nominal Effecive Exchange Rate in South Korea, 1994–2024

0501001501994200920241994: 137.61995: 139.41996: 140.71997: 129.81998: 94.91999: 110.42000: 118.82001: 109.82002: 113.82003: 113.12004: 113.42005: 1262006: 134.72007: 133.22008: 107.92009: 93.12010: 1002011: 99.62012: 99.42013: 104.62014: 111.52015: 112.72016: 112.12017: 115.62018: 117.32019: 1142020: 112.72021: 112.72022: 107.22023: 109.72024: 107.2

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

Analysis

In 2024, nominal effecive exchange rate in South Korea stood at 107.25.

That represents a change of down 2.2% on the previous year and down 3.8% over ten years.

Over the whole period, nominal effecive exchange rate in South Korea peaked at 140.72 in 1996 and was at its lowest, 93.11, in 2009.

South Korea ranks 42nd of 112 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 125.46 94.86 140.72 6
2000s 116.37 93.11 134.72 10
2010s 108.66 99.35 117.3 10
2020s 109.91 107.18 112.75 5

Countries ranked near South Korea

  1. 39 Trinidad and Tobago 107.73 compare
  2. 40 Samoa 107.57 compare
  3. 41 Peru 107.5 compare
  4. 43 United Kingdom 107.1 compare
  5. 44 Georgia 106.2 compare
  6. 45 Gabon 105.93 compare

See the full ranking of 122 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is nominal effecive exchange rate in South Korea?
Nominal effecive exchange rate in South Korea was 107.25 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 South Korea?
The highest recorded value was 140.72 in 1996.
What is the lowest nominal effecive exchange rate recorded in South Korea?
The lowest recorded value was 93.11 in 2009.
How does South Korea rank for nominal effecive exchange rate?
South Korea ranks 42nd out of 112 countries with data for 2024.
Is nominal effecive exchange rate rising or falling in South Korea?
Over the last ten years it is down 3.8%. The long-run trend across the full record is falling.
Where does this South Korea 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).

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