Nominal Effecive Exchange Rate in Norway

Norway: Nominal Effecive Exchange Rate was 73.33 in 2024. β–Ό Falling

Latest (2024)
73.33
Change on year
down 0.4%
World rank
89th
of 112 countries
All-time high
103.27
in 2012
All-time low
73.33
in 2024
Years of data
31
1994–2024

Nominal Effecive Exchange Rate in Norway, 1994–2024

02550751001994200920241994: 89.51995: 93.41996: 93.31997: 93.91998: 91.81999: 91.82000: 89.12001: 91.52002: 99.72003: 98.42004: 95.52005: 99.12006: 98.62007: 100.62008: 100.92009: 96.92010: 1002011: 102.42012: 103.32013: 101.32014: 95.52015: 85.22016: 83.62017: 84.42018: 84.22019: 81.72020: 76.42021: 80.82022: 80.12023: 73.72024: 73.3

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

Analysis

In 2024, nominal effecive exchange rate in Norway stood at 73.33. That is the lowest value across all 31 years on record.

That represents a change of down 0.4% on the previous year and down 23.2% over ten years.

Over the whole period, nominal effecive exchange rate in Norway peaked at 103.27 in 2012 and was at its lowest, 73.33, in 2024.

Norway ranks 89th of 112 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 92.28 89.45 93.91 6
2000s 97.02 89.07 100.89 10
2010s 92.17 81.68 103.27 10
2020s 76.83 73.33 80.75 5

Countries ranked near Norway

  1. 86 Nicaragua 75.7 compare
  2. 87 Algeria 75.45 compare
  3. 88 Uganda 75.38 compare
  4. 90 Democratic Republic of Congo 72.59 compare
  5. 91 Indonesia 72.54 compare
  6. 92 Gambia 69.19 compare

See the full ranking of 122 places β†’

More reference data data for Norway

All data for Norway β†’

Frequently asked questions

What is nominal effecive exchange rate in Norway?
Nominal effecive exchange rate in Norway was 73.33 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 Norway?
The highest recorded value was 103.27 in 2012.
What is the lowest nominal effecive exchange rate recorded in Norway?
The lowest recorded value was 73.33 in 2024.
How does Norway rank for nominal effecive exchange rate?
Norway ranks 89th out of 112 countries with data for 2024.
Is nominal effecive exchange rate rising or falling in Norway?
Over the last ten years it is down 23.2%. The long-run trend across the full record is falling.
Where does this Norway 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