Nominal Effecive Exchange Rate in North Macedonia
North Macedonia: Nominal Effecive Exchange Rate was 103.31 in 2018. ▲ Rising
Nominal Effecive Exchange Rate in North Macedonia, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
The most recent figure for nominal effecive exchange rate in North Macedonia is 103.31, measured in 2018. That is the highest value across all 19 years on record.
The figure is up 1.9% on the previous year and up 2.8% over ten years.
Over the whole period, nominal effecive exchange rate in North Macedonia peaked at 103.31 in 2018 and was at its lowest, 87.74, in 2000.
That places North Macedonia 55th out of 112 countries with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Nominal Effecive Exchange Rate in North Macedonia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 87.74 | — |
| 2001 | 90.63 | +3.3% |
| 2002 | 92.54 | +2.1% |
| 2003 | 96.72 | +4.5% |
| 2004 | 98.87 | +2.2% |
| 2005 | 98.93 | +0.1% |
| 2006 | 98.78 | -0.2% |
| 2007 | 99.47 | +0.7% |
| 2008 | 100.49 | +1.0% |
| 2009 | 102.7 | +2.2% |
| 2010 | 100 | -2.6% |
| 2011 | 100.53 | +0.5% |
| 2012 | 99.29 | -1.2% |
| 2013 | 100.79 | +1.5% |
| 2014 | 101.77 | +1.0% |
| 2015 | 99.19 | -2.5% |
| 2016 | 100.51 | +1.3% |
| 2017 | 101.38 | +0.9% |
| 2018 | 103.31 | +1.9% |
North Macedonia compared with similar countries
- North Macedonia's 103.31 is above the median for upper middle income countries, which is 102.78, 1.0× the median. (32 countries reporting)
- North Macedonia's 103.31 is above the median for Europe & Central Asia, which is 103.13, 1.0× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 96.69 | 87.74 | 102.7 | 10 |
| 2010s | 100.75 | 99.19 | 103.31 | 9 |
Countries ranked near North Macedonia
More reference data data for North Macedonia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.102 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1665 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.4328 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0308 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.4328 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.342 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.224 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.6296 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1.91 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.168 (2050)
Frequently asked questions
- What is nominal effecive exchange rate in North Macedonia?
- Nominal effecive exchange rate in North Macedonia was 103.31 in 2018, 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 North Macedonia?
- The highest recorded value was 103.31 in 2018.
- What is the lowest nominal effecive exchange rate recorded in North Macedonia?
- The lowest recorded value was 87.74 in 2000.
- How does North Macedonia rank for nominal effecive exchange rate?
- North Macedonia ranks 55th out of 112 countries with data for 2018.
- Is nominal effecive exchange rate rising or falling in North Macedonia?
- Over the last ten years it is up 2.8%. The long-run trend across the full record is rising.
- Where does this North Macedonia 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