Nominal Effecive Exchange Rate in Sierra Leone
Sierra Leone: Nominal Effecive Exchange Rate was 61.98 in 2018. ▼ Falling
Nominal Effecive Exchange Rate in Sierra Leone, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Sierra Leone recorded 61.98 for nominal effecive exchange rate in 2018. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 7.3% on the previous year and down 50.6% over ten years.
Over the whole period, nominal effecive exchange rate in Sierra Leone peaked at 277.77 in 2001 and was at its lowest, 61.98, in 2018.
Sierra Leone ranks 99th of 112 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Nominal Effecive Exchange Rate in Sierra Leone, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 253.44 | — |
| 2001 | 277.77 | +9.6% |
| 2002 | 253.04 | -8.9% |
| 2003 | 198.74 | -21.5% |
| 2004 | 158.86 | -20.1% |
| 2005 | 147.22 | -7.3% |
| 2006 | 142.56 | -3.2% |
| 2007 | 131.88 | -7.5% |
| 2008 | 125.53 | -4.8% |
| 2009 | 119.24 | -5.0% |
| 2010 | 100 | -16.1% |
| 2011 | 89.62 | -10.4% |
| 2012 | 94.35 | +5.3% |
| 2013 | 94.92 | +0.6% |
| 2014 | 93.05 | -2.0% |
| 2015 | 94.28 | +1.3% |
| 2016 | 78.54 | -16.7% |
| 2017 | 66.85 | -14.9% |
| 2018 | 61.98 | -7.3% |
Sierra Leone compared with similar countries
- Sierra Leone's 61.98 is below the median for low income countries, which is 72.59, 85% of the median. (7 countries reporting)
- Sierra Leone's 61.98 is below the median for Sub-Saharan Africa, which is 72.59, 85% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 180.83 | 119.24 | 277.77 | 10 |
| 2010s | 85.96 | 61.98 | 100 | 9 |
Countries ranked near Sierra Leone
More reference data data for Sierra Leone
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0238 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.4498 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.5935 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.12 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.5935 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0797 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.044 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.91 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.72 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.6534 (2050)
Frequently asked questions
- What is nominal effecive exchange rate in Sierra Leone?
- Nominal effecive exchange rate in Sierra Leone was 61.98 in 2018, 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 Sierra Leone?
- The highest recorded value was 277.77 in 2001.
- What is the lowest nominal effecive exchange rate recorded in Sierra Leone?
- The lowest recorded value was 61.98 in 2018.
- How does Sierra Leone rank for nominal effecive exchange rate?
- Sierra Leone ranks 99th out of 112 countries with data for 2018.
- Is nominal effecive exchange rate rising or falling in Sierra Leone?
- Over the last ten years it is down 50.6%. The long-run trend across the full record is falling.
- Where does this Sierra Leone 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