Nominal Effecive Exchange Rate in Singapore

Singapore: Nominal Effecive Exchange Rate was 125.37 in 2024. ▲ Rising

Latest (2024)
125.37
Change on year
up 2.5%
World rank
12th
of 112 countries
All-time high
125.37
in 2024
All-time low
84.11
in 1994
Years of data
31
1994–2024

Nominal Effecive Exchange Rate in Singapore, 1994–2024

0501001501994200920241994: 84.11995: 87.31996: 91.51997: 93.81998: 93.81999: 90.32000: 90.62001: 922002: 91.32003: 89.12004: 88.72005: 89.42006: 92.52007: 93.82008: 972009: 97.32010: 1002011: 103.62012: 106.22013: 108.12014: 108.72015: 107.82016: 109.82017: 109.92018: 1112019: 112.72020: 111.22021: 1112022: 116.22023: 122.32024: 125.4

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 9 United States 131.25 compare
  2. 10 Bulgaria 127.46 compare
  3. 11 China 126.2 compare
  4. 13 Kuwait 123.29 compare
  5. 14 Morocco 122.81 compare
  6. 15 Paraguay 121.57 compare

See the full ranking of 122 places →

More reference data data for Singapore

All data for Singapore →

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

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