Nominal Effecive Exchange Rate in Saudi Arabia
Saudi Arabia: Nominal Effecive Exchange Rate was 135.76 in 2024. ▲ Rising
Nominal Effecive Exchange Rate in Saudi Arabia, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Saudi Arabia recorded 135.76 for nominal effecive exchange rate in 2024. That is the highest value across all 31 years on record.
That represents a change of up 2.8% on the previous year and up 33.2% over ten years.
Over the whole period, nominal effecive exchange rate in Saudi Arabia peaked at 135.76 in 2024 and was at its lowest, 93.84, in 1995.
That places Saudi Arabia 4th out of 112 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Nominal Effecive Exchange Rate in Saudi Arabia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 97.01 | — |
| 1995 | 93.84 | -3.3% |
| 1996 | 97.58 | +4.0% |
| 1997 | 105.3 | +7.9% |
| 1998 | 113.73 | +8.0% |
| 1999 | 113.01 | -0.6% |
| 2000 | 118.14 | +4.5% |
| 2001 | 124.24 | +5.2% |
| 2002 | 122.26 | -1.6% |
| 2003 | 113.34 | -7.3% |
| 2004 | 107.67 | -5.0% |
| 2005 | 106.64 | -1.0% |
| 2006 | 105.89 | -0.7% |
| 2007 | 101.12 | -4.5% |
| 2008 | 97.99 | -3.1% |
| 2009 | 101.76 | +3.8% |
| 2010 | 100 | -1.7% |
| 2011 | 96.61 | -3.4% |
| 2012 | 99.36 | +2.9% |
| 2013 | 100.62 | +1.3% |
| 2014 | 101.93 | +1.3% |
| 2015 | 110.6 | +8.5% |
| 2016 | 113.62 | +2.7% |
| 2017 | 115.06 | +1.3% |
| 2018 | 114.32 | -0.6% |
| 2019 | 118.99 | +4.1% |
| 2020 | 119.68 | +0.6% |
| 2021 | 116.58 | -2.6% |
| 2022 | 127.78 | +9.6% |
| 2023 | 132.06 | +3.3% |
| 2024 | 135.76 | +2.8% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 135.76 is above the median for high income countries, which is 104.58, 1.3× the median. (54 countries reporting)
- Saudi Arabia's 135.76 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 113.65, 1.2× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 103.41 | 93.84 | 113.73 | 6 |
| 2000s | 109.9 | 97.99 | 124.24 | 10 |
| 2010s | 107.11 | 96.61 | 118.99 | 10 |
| 2020s | 126.37 | 116.58 | 135.76 | 5 |
Countries ranked near Saudi Arabia
More reference data data for Saudi Arabia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1847 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.4 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.44 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1771 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.44 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.6194 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2207 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 6.07 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 10.64 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9641 (2050)
Frequently asked questions
- What is nominal effecive exchange rate in Saudi Arabia?
- Nominal effecive exchange rate in Saudi Arabia was 135.76 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 Saudi Arabia?
- The highest recorded value was 135.76 in 2024.
- What is the lowest nominal effecive exchange rate recorded in Saudi Arabia?
- The lowest recorded value was 93.84 in 1995.
- How does Saudi Arabia rank for nominal effecive exchange rate?
- Saudi Arabia ranks 4th out of 112 countries with data for 2024.
- Is nominal effecive exchange rate rising or falling in Saudi Arabia?
- Over the last ten years it is up 33.2%. The long-run trend across the full record is rising.
- Where does this Saudi Arabia 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