Nominal Effecive Exchange Rate in Russia

Russia: Nominal Effecive Exchange Rate was 51.15 in 2024. β—† Volatile

Latest (2024)
51.15
Change on year
down 5.4%
World rank
102nd
of 112 countries
All-time high
441.74
in 1996
All-time low
51.15
in 2024
Years of data
29
1996–2024

Nominal Effecive Exchange Rate in Russia, 1996–2024

1002003004001996201020241996: 441.71997: 438.71998: 343.11999: 117.72000: 114.62001: 119.52002: 113.72003: 108.12004: 109.52005: 109.82006: 113.12007: 113.52008: 111.92009: 95.42010: 1002011: 101.62012: 102.62013: 100.32014: 87.52015: 63.52016: 60.52017: 69.32018: 64.22019: 64.72020: 58.42021: 55.32022: 67.32023: 54.12024: 51.2

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 99 Sierra Leone 61.98 compare
  2. 100 Zambia 61.28 compare
  3. 101 South Africa 51.98 compare
  4. 103 Ukraine 42.16 compare
  5. 104 Pakistan 38.89 compare
  6. 105 Ghana 35.87 compare

See the full ranking of 122 places β†’

More reference data data for Russia

All data for Russia β†’

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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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