Nominal Effecive Exchange Rate in Small states
Small states: Nominal Effecive Exchange Rate was 33.13 in 2024. ◆ Volatile
Nominal Effecive Exchange Rate in Small states, 1997–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2024, nominal effecive exchange rate in Small states stood at 33.13. That is the lowest value across all 28 years on record.
The figure is down 24.4% on the previous year and down 61.2% over ten years.
Over the whole period, nominal effecive exchange rate in Small states peaked at 448.21 in 1997 and was at its lowest, 33.13, in 2024.
The series is highly variable year to year, so single readings are best treated with caution.
Nominal Effecive Exchange Rate in Small states, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 448.21 | — |
| 1998 | 423.93 | -5.4% |
| 1999 | 391.14 | -7.7% |
| 2000 | 378.17 | -3.3% |
| 2001 | 172.79 | -54.3% |
| 2002 | 135.69 | -21.5% |
| 2003 | 127.22 | -6.2% |
| 2004 | 124.05 | -2.5% |
| 2005 | 122.79 | -1.0% |
| 2006 | 120.69 | -1.7% |
| 2007 | 114.09 | -5.5% |
| 2008 | 109.14 | -4.3% |
| 2009 | 98.65 | -9.6% |
| 2010 | 100 | +1.4% |
| 2011 | 95.84 | -4.2% |
| 2012 | 92.61 | -3.4% |
| 2013 | 88.57 | -4.4% |
| 2014 | 85.47 | -3.5% |
| 2015 | 78.87 | -7.7% |
| 2016 | 69.9 | -11.4% |
| 2017 | 64.66 | -7.5% |
| 2018 | 64.22 | -0.7% |
| 2019 | 64.01 | -0.3% |
| 2020 | 56.14 | -12.3% |
| 2021 | 53.84 | -4.1% |
| 2022 | 53.77 | -0.1% |
| 2023 | 43.8 | -18.5% |
| 2024 | 33.13 | -24.4% |
Biggest year-on-year movements
Years where Nominal Effecive Exchange Rate in Small states changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | -54.3% | 378.17 | 172.79 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 421.09 | 391.14 | 448.21 | 3 |
| 2000s | 150.33 | 98.65 | 378.17 | 10 |
| 2010s | 80.41 | 64.01 | 100 | 10 |
| 2020s | 48.14 | 33.13 | 56.14 | 5 |
Countries ranked near Small states
More reference data data for Small states
- Exchange rate, new LCU per USD extended backward, period average 1,829 (2026)
- CPI Price, nominal 518.05 (2026)
- CPI Price, nominal, annual growth rate 3.6 % change on previous year (2026)
- CPI Price, nominal, seas. adj. 555.01 (2026)
- CPI Price, nominal, seas. adj., annual growth rate 4.31 % change on previous year (2026)
- School age population, one year before than official primary entry 806,780 number (2019)
- School life expectancy, primary, both sexes 6.8 years (2019)
- School age population, one year before than official primary entry 409,898 number (2019)
- School age population, one year before than official primary entry 396,882 number (2019)
- School life expectancy, primary, male 6.86 years (2019)
Frequently asked questions
- What is nominal effecive exchange rate in Small states?
- Nominal effecive exchange rate in Small states was 33.13 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 Small states?
- The highest recorded value was 448.21 in 1997.
- What is the lowest nominal effecive exchange rate recorded in Small states?
- The lowest recorded value was 33.13 in 2024.
- How does Small states rank for nominal effecive exchange rate?
- Small states ranks 9th out of 10 groups with data for 2024.
- Is nominal effecive exchange rate rising or falling in Small states?
- Over the last ten years it is down 61.2%. The long-run trend across the full record is volatile.
- Where does this Small states 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