Nominal Effecive Exchange Rate in Kuwait

Kuwait: Nominal Effecive Exchange Rate was 123.29 in 2024. β–² Rising

Latest (2024)
123.29
Change on year
up 2.5%
World rank
13th
of 112 countries
All-time high
123.29
in 2024
All-time low
84.98
in 1995
Years of data
31
1994–2024

Nominal Effecive Exchange Rate in Kuwait, 1994–2024

02550751001251994200920241994: 881995: 851996: 88.51997: 95.31998: 103.11999: 102.72000: 1072001: 113.22002: 112.62003: 106.62004: 1032005: 103.52006: 103.92007: 101.32008: 103.62009: 100.52010: 1002011: 99.92012: 101.82013: 101.92014: 103.42015: 106.82016: 108.62017: 109.12018: 108.52019: 111.62020: 1112021: 110.12022: 117.62023: 120.32024: 123.3

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 10 Bulgaria 127.46 compare
  2. 11 China 126.2 compare
  3. 12 Singapore 125.37 compare
  4. 14 Morocco 122.81 compare
  5. 15 Paraguay 121.57 compare
  6. 16 Lebanon 120.85 compare

See the full ranking of 122 places β†’

More reference data data for Kuwait

All data for Kuwait β†’

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

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