Nominal Effecive Exchange Rate in Kuwait
Kuwait: Nominal Effecive Exchange Rate was 123.29 in 2024. ▲ Rising
Nominal Effecive Exchange Rate in Kuwait, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Kuwait recorded 123.29 for nominal effecive exchange rate in 2024. That is the highest value across all 31 years on record.
That represents a change of up 2.5% on the previous year and up 19.3% over ten years.
Over the whole period, nominal effecive exchange rate in Kuwait peaked at 123.29 in 2024 and was at its lowest, 84.98, in 1995.
That places Kuwait 13th out of 112 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Nominal Effecive Exchange Rate in Kuwait, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 87.97 | — |
| 1995 | 84.98 | -3.4% |
| 1996 | 88.49 | +4.1% |
| 1997 | 95.26 | +7.7% |
| 1998 | 103.12 | +8.3% |
| 1999 | 102.68 | -0.4% |
| 2000 | 106.98 | +4.2% |
| 2001 | 113.22 | +5.8% |
| 2002 | 112.58 | -0.6% |
| 2003 | 106.56 | -5.3% |
| 2004 | 102.96 | -3.4% |
| 2005 | 103.46 | +0.5% |
| 2006 | 103.94 | +0.5% |
| 2007 | 101.28 | -2.6% |
| 2008 | 103.56 | +2.2% |
| 2009 | 100.53 | -2.9% |
| 2010 | 99.99 | -0.5% |
| 2011 | 99.94 | -0.1% |
| 2012 | 101.76 | +1.8% |
| 2013 | 101.91 | +0.1% |
| 2014 | 103.36 | +1.4% |
| 2015 | 106.77 | +3.3% |
| 2016 | 108.6 | +1.7% |
| 2017 | 109.07 | +0.4% |
| 2018 | 108.55 | -0.5% |
| 2019 | 111.63 | +2.8% |
| 2020 | 110.99 | -0.6% |
| 2021 | 110.06 | -0.8% |
| 2022 | 117.61 | +6.9% |
| 2023 | 120.31 | +2.3% |
| 2024 | 123.29 | +2.5% |
Kuwait compared with similar countries
- Kuwait's 123.29 is above the median for high income countries, which is 104.58, 1.2× the median. (54 countries reporting)
- Kuwait's 123.29 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 113.65, 1.1× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 93.75 | 84.98 | 103.12 | 6 |
| 2000s | 105.51 | 100.53 | 113.22 | 10 |
| 2010s | 105.16 | 99.94 | 111.63 | 10 |
| 2020s | 116.45 | 110.06 | 123.29 | 5 |
Countries ranked near Kuwait
More reference data data for Kuwait
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.092 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.2888 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.385 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.001 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.385 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3086 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1086 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.53 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.96 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0052 (2050)
Frequently asked questions
- What is nominal effecive exchange rate in Kuwait?
- Nominal effecive exchange rate in Kuwait was 123.29 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 Kuwait?
- The highest recorded value was 123.29 in 2024.
- What is the lowest nominal effecive exchange rate recorded in Kuwait?
- The lowest recorded value was 84.98 in 1995.
- How does Kuwait rank for nominal effecive exchange rate?
- Kuwait ranks 13th out of 112 countries with data for 2024.
- Is nominal effecive exchange rate rising or falling in Kuwait?
- Over the last ten years it is up 19.3%. The long-run trend across the full record is rising.
- Where does this Kuwait 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