Nominal Effecive Exchange Rate in Panama

Panama: Nominal Effecive Exchange Rate was 133.38 in 2024. β–² Rising

Latest (2024)
133.38
Change on year
up 3.3%
World rank
5th
of 112 countries
All-time high
133.38
in 2024
All-time low
84.18
in 1994
Years of data
31
1994–2024

Nominal Effecive Exchange Rate in Panama, 1994–2024

0501001501994200920241994: 84.21995: 86.31996: 90.61997: 95.11998: 100.31999: 100.52000: 102.82001: 106.82002: 109.22003: 1082004: 105.32005: 102.72006: 102.42007: 99.12008: 962009: 992010: 1002011: 96.82012: 97.62013: 99.62014: 101.92015: 110.32016: 114.42017: 113.82018: 112.72019: 115.72020: 116.72021: 114.82022: 125.32023: 129.12024: 133.4

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 Panama is 133.38, measured in 2024. That is the highest value across all 31 years on record.

That represents a change of up 3.3% on the previous year and up 30.9% over ten years.

Over the whole period, nominal effecive exchange rate in Panama peaked at 133.38 in 2024 and was at its lowest, 84.18, in 1994.

Panama ranks 5th of 112 countries on this measure, in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 92.84 84.18 100.52 6
2000s 103.13 96.01 109.2 10
2010s 106.28 96.78 115.66 10
2020s 123.84 114.76 133.38 5

Countries ranked near Panama

  1. 2 Bolivia 141.88 compare
  2. 3 United Arab Emirates 136.8 compare
  3. 4 Saudi Arabia 135.76 compare
  4. 6 Iraq 132.94 compare
  5. 7 Israel 131.78 compare
  6. 8 Iceland 131.38 compare

See the full ranking of 122 places β†’

More reference data data for Panama

All data for Panama β†’

Frequently asked questions

What is nominal effecive exchange rate in Panama?
Nominal effecive exchange rate in Panama was 133.38 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 Panama?
The highest recorded value was 133.38 in 2024.
What is the lowest nominal effecive exchange rate recorded in Panama?
The lowest recorded value was 84.18 in 1994.
How does Panama rank for nominal effecive exchange rate?
Panama ranks 5th out of 112 countries with data for 2024.
Is nominal effecive exchange rate rising or falling in Panama?
Over the last ten years it is up 30.9%. The long-run trend across the full record is rising.
Where does this Panama 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