Nominal Effecive Exchange Rate in Singapore
Singapore: Nominal Effecive Exchange Rate was 125.37 in 2024. ▲ Rising
Nominal Effecive Exchange Rate in Singapore, 1994–2024
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 Singapore is 125.37, measured in 2024. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 2.5% on the previous year and up 15.3% over ten years.
Over the whole period, nominal effecive exchange rate in Singapore peaked at 125.37 in 2024 and was at its lowest, 84.11, in 1994.
Singapore ranks 12th 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.
Nominal Effecive Exchange Rate in Singapore, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 84.11 | — |
| 1995 | 87.34 | +3.8% |
| 1996 | 91.54 | +4.8% |
| 1997 | 93.84 | +2.5% |
| 1998 | 93.84 | -0.0% |
| 1999 | 90.31 | -3.8% |
| 2000 | 90.57 | +0.3% |
| 2001 | 92.03 | +1.6% |
| 2002 | 91.29 | -0.8% |
| 2003 | 89.07 | -2.4% |
| 2004 | 88.67 | -0.5% |
| 2005 | 89.43 | +0.9% |
| 2006 | 92.46 | +3.4% |
| 2007 | 93.77 | +1.4% |
| 2008 | 97.04 | +3.5% |
| 2009 | 97.26 | +0.2% |
| 2010 | 100 | +2.8% |
| 2011 | 103.58 | +3.6% |
| 2012 | 106.16 | +2.5% |
| 2013 | 108.08 | +1.8% |
| 2014 | 108.72 | +0.6% |
| 2015 | 107.77 | -0.9% |
| 2016 | 109.82 | +1.9% |
| 2017 | 109.87 | +0.0% |
| 2018 | 110.97 | +1.0% |
| 2019 | 112.66 | +1.5% |
| 2020 | 111.21 | -1.3% |
| 2021 | 110.96 | -0.2% |
| 2022 | 116.2 | +4.7% |
| 2023 | 122.35 | +5.3% |
| 2024 | 125.37 | +2.5% |
Singapore compared with similar countries
- Singapore's 125.37 is above the median for high income countries, which is 104.58, 1.2× the median. (54 countries reporting)
- Singapore's 125.37 is above the median for East Asia & Pacific, which is 101.8, 1.2× the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 90.16 | 84.11 | 93.84 | 6 |
| 2000s | 92.16 | 88.67 | 97.26 | 10 |
| 2010s | 107.76 | 100 | 112.66 | 10 |
| 2020s | 117.22 | 110.96 | 125.37 | 5 |
Countries ranked near Singapore
More reference data data for Singapore
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.008 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0066 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.0618 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.0618 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.0269 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.0096 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.0378 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0.2664 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0 (1992)
- Emission Totals - Emissions (N2O) - Agricultural Soils 0.2567 (2050)
Frequently asked questions
- What is nominal effecive exchange rate in Singapore?
- Nominal effecive exchange rate in Singapore was 125.37 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 Singapore?
- The highest recorded value was 125.37 in 2024.
- What is the lowest nominal effecive exchange rate recorded in Singapore?
- The lowest recorded value was 84.11 in 1994.
- How does Singapore rank for nominal effecive exchange rate?
- Singapore ranks 12th out of 112 countries with data for 2024.
- Is nominal effecive exchange rate rising or falling in Singapore?
- Over the last ten years it is up 15.3%. The long-run trend across the full record is rising.
- Where does this Singapore 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.
Download this data
CSV · JSON — 31 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