{"entity":{"iso2":"NG","iso3":"NGA","name":"Nigeria","slug":"nigeria"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"nominal-effecive-exchange-rate","source":"World Bank staff calculations based on Datastream and IMF International Finance Statistics data","source_url":"https://data.worldbank.org/indicator/NEER","title":"Nominal Effecive Exchange Rate","unit":null},"observations":[{"date":"1996-01-01","value":323.354},{"date":"1997-01-01","value":196.19},{"date":"1998-01-01","value":193.816},{"date":"1999-01-01","value":180.992},{"date":"2000-01-01","value":178.628},{"date":"2001-01-01","value":172.116},{"date":"2002-01-01","value":156.582},{"date":"2003-01-01","value":132.392},{"date":"2004-01-01","value":120.35},{"date":"2005-01-01","value":120.267},{"date":"2006-01-01","value":121.195},{"date":"2007-01-01","value":117.595},{"date":"2008-01-01","value":122.024},{"date":"2009-01-01","value":102.576},{"date":"2010-01-01","value":100.0},{"date":"2011-01-01","value":94.4687},{"date":"2012-01-01","value":95.3648},{"date":"2013-01-01","value":95.9902},{"date":"2014-01-01","value":96.3619},{"date":"2015-01-01","value":86.2439},{"date":"2016-01-01","value":70.948},{"date":"2017-01-01","value":56.4489},{"date":"2018-01-01","value":55.7638},{"date":"2019-01-01","value":58.1149},{"date":"2020-01-01","value":50.5994},{"date":"2021-01-01","value":43.3844},{"date":"2022-01-01","value":44.1105},{"date":"2023-01-01","value":32.1923},{"date":"2024-01-01","value":13.7274}],"summary":{"latest_period":"2024-01-01","latest_value":13.7274,"max":323.354,"mean":111.441,"min":13.7274,"of":112,"rank":110,"trend":"volatile"}}