Nominal Effecive Exchange Rate in Russia
Russia: Nominal Effecive Exchange Rate was 51.15 in 2024. ◆ Volatile
Nominal Effecive Exchange Rate in Russia, 1996–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2024, nominal effecive exchange rate in Russia stood at 51.15. That is the lowest value across all 29 years on record.
Compared with earlier readings it is down 5.4% on the previous year and down 41.5% over ten years.
Over the whole period, nominal effecive exchange rate in Russia peaked at 441.74 in 1996 and was at its lowest, 51.15, in 2024.
That places Russia 102nd out of 112 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Nominal Effecive Exchange Rate in Russia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 441.74 | — |
| 1997 | 438.74 | -0.7% |
| 1998 | 343.09 | -21.8% |
| 1999 | 117.67 | -65.7% |
| 2000 | 114.58 | -2.6% |
| 2001 | 119.47 | +4.3% |
| 2002 | 113.66 | -4.9% |
| 2003 | 108.14 | -4.9% |
| 2004 | 109.55 | +1.3% |
| 2005 | 109.76 | +0.2% |
| 2006 | 113.09 | +3.0% |
| 2007 | 113.46 | +0.3% |
| 2008 | 111.88 | -1.4% |
| 2009 | 95.44 | -14.7% |
| 2010 | 100 | +4.8% |
| 2011 | 101.65 | +1.6% |
| 2012 | 102.63 | +1.0% |
| 2013 | 100.26 | -2.3% |
| 2014 | 87.49 | -12.7% |
| 2015 | 63.48 | -27.5% |
| 2016 | 60.55 | -4.6% |
| 2017 | 69.3 | +14.5% |
| 2018 | 64.16 | -7.4% |
| 2019 | 64.68 | +0.8% |
| 2020 | 58.35 | -9.8% |
| 2021 | 55.35 | -5.2% |
| 2022 | 67.33 | +21.7% |
| 2023 | 54.08 | -19.7% |
| 2024 | 51.15 | -5.4% |
Russia compared with similar countries
- Russia's 51.15 is below the median for high income countries, which is 104.58, 49% of the median. (54 countries reporting)
- Russia's 51.15 is below the median for Europe & Central Asia, which is 103.13, 50% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where Nominal Effecive Exchange Rate in Russia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | -65.7% | 343.09 | 117.67 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 335.31 | 117.67 | 441.74 | 4 |
| 2000s | 110.9 | 95.44 | 119.47 | 10 |
| 2010s | 81.42 | 60.55 | 102.63 | 10 |
| 2020s | 57.25 | 51.15 | 67.33 | 5 |
Countries ranked near Russia
More reference data data for Russia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 9.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.11 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 26.58 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 4.94 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 26.58 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 31.32 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 19.38 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 18.16 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 129.69 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 26.88 (2050)
Frequently asked questions
- What is nominal effecive exchange rate in Russia?
- Nominal effecive exchange rate in Russia was 51.15 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 Russia?
- The highest recorded value was 441.74 in 1996.
- What is the lowest nominal effecive exchange rate recorded in Russia?
- The lowest recorded value was 51.15 in 2024.
- How does Russia rank for nominal effecive exchange rate?
- Russia ranks 102nd out of 112 countries with data for 2024.
- Is nominal effecive exchange rate rising or falling in Russia?
- Over the last ten years it is down 41.5%. The long-run trend across the full record is volatile.
- Where does this Russia 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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CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
A measure of the value of a currency against a weighted average of several foreign currencies