Nominal Effecive Exchange Rate in Latin America & Caribbean (excluding high income)

Latin America & Caribbean (excluding high income): Nominal Effecive Exchange Rate was 64.89 in 2024. β–Ό Falling

Latest (2024)
64.89
Change on year
up 3.3%
Rank
6th
of 10 groups
All-time high
185.92
in 1995
All-time low
52.59
in 2021
Years of data
30
1995–2024

Nominal Effecive Exchange Rate in Latin America & Caribbean (excluding high income), 1995–2024

501001502001995200920241995: 185.91996: 176.41997: 178.61998: 174.41999: 156.32000: 160.62001: 159.72002: 113.42003: 99.82004: 96.72005: 101.82006: 102.82007: 103.72008: 103.42009: 94.82010: 1002011: 99.72012: 93.62013: 89.62014: 84.12015: 72.62016: 66.82017: 68.82018: 63.82019: 62.92020: 54.32021: 52.62022: 56.72023: 62.82024: 64.9

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

Analysis

In 2024, nominal effecive exchange rate in Latin America & Caribbean (excluding high income) stood at 64.89.

The figure is up 3.3% on the previous year and down 22.8% over ten years.

Over the whole period, nominal effecive exchange rate in Latin America & Caribbean (excluding high income) peaked at 185.92 in 1995 and was at its lowest, 52.59, in 2021.

The long-run direction has been consistently falling across the 30 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 174.33 156.29 185.92 5
2000s 113.67 94.84 160.6 10
2010s 80.18 62.88 100 10
2020s 58.25 52.59 64.89 5

Countries ranked near Latin America & Caribbean (excluding high income)

  1. 3 United Arab Emirates 136.8 compare
  2. 4 Saudi Arabia 135.76 compare
  3. 5 Panama 133.38 compare
  4. 6 Iraq 132.94 compare
  5. 7 Israel 131.78 compare
  6. 8 Iceland 131.38 compare
  7. 9 United States 131.25 compare

See the full ranking of 122 places β†’

More reference data data for Latin America & Caribbean (excluding high income)

All data for Latin America & Caribbean (excluding high income) β†’

Frequently asked questions

What is nominal effecive exchange rate in Latin America & Caribbean (excluding high income)?
Nominal effecive exchange rate in Latin America & Caribbean (excluding high income) was 64.89 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 Latin America & Caribbean (excluding high income)?
The highest recorded value was 185.92 in 1995.
What is the lowest nominal effecive exchange rate recorded in Latin America & Caribbean (excluding high income)?
The lowest recorded value was 52.59 in 2021.
How does Latin America & Caribbean (excluding high income) rank for nominal effecive exchange rate?
Latin America & Caribbean (excluding high income) ranks 6th out of 10 groups with data for 2024.
Is nominal effecive exchange rate rising or falling in Latin America & Caribbean (excluding high income)?
Over the last ten years it is down 22.8%. The long-run trend across the full record is falling.
Where does this Latin America & Caribbean (excluding high income) 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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Nominal Effecive Exchange Rate in Latin America & Caribbean (excluding high income). Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 19 August 2026, from https://reference.statizoid.com/stat/nominal-effecive-exchange-rate/latin-america-and-caribbean-excluding-high-income/

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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