Nominal Effecive Exchange Rate in Taiwan

Taiwan: Nominal Effecive Exchange Rate was 120.21 in 2024. ▬ Flat

Latest (2024)
120.21
Change on year
down 0.6%
World rank
17th
of 112 countries
All-time high
123.19
in 2022
All-time low
98
in 2009
Years of data
31
1994–2024

Nominal Effecive Exchange Rate in Taiwan, 1994–2024

02550751001251994200920241994: 118.81995: 114.71996: 115.71997: 118.41998: 110.11999: 111.72000: 117.72001: 114.42002: 111.92003: 107.22004: 106.82005: 109.62006: 107.32007: 102.22008: 101.42009: 982010: 1002011: 102.32012: 102.72013: 104.22014: 103.92015: 106.92016: 106.82017: 113.92018: 113.22019: 113.72020: 119.42021: 122.22022: 123.22023: 1212024: 120.2

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

In 2024, nominal effecive exchange rate in Taiwan stood at 120.21.

Compared with earlier readings it is down 0.6% on the previous year and up 15.7% over ten years.

Over the whole period, nominal effecive exchange rate in Taiwan peaked at 123.19 in 2022 and was at its lowest, 98, in 2009.

That places Taiwan 17th out of 112 countries with data for 2024, putting it in the top quarter.

Nominal Effecive Exchange Rate in Taiwan, year by year

Annual values for Nominal Effecive Exchange Rate in Taiwan, 1994 to 2024.
Year Value Change
1994 118.77 —
1995 114.74 -3.4%
1996 115.7 +0.8%
1997 118.42 +2.3%
1998 110.06 -7.1%
1999 111.74 +1.5%
2000 117.74 +5.4%
2001 114.42 -2.8%
2002 111.88 -2.2%
2003 107.25 -4.1%
2004 106.75 -0.5%
2005 109.61 +2.7%
2006 107.32 -2.1%
2007 102.23 -4.7%
2008 101.36 -0.9%
2009 98 -3.3%
2010 99.98 +2.0%
2011 102.28 +2.3%
2012 102.69 +0.4%
2013 104.19 +1.5%
2014 103.93 -0.3%
2015 106.9 +2.9%
2016 106.75 -0.1%
2017 113.85 +6.6%
2018 113.21 -0.6%
2019 113.68 +0.4%
2020 119.44 +5.1%
2021 122.17 +2.3%
2022 123.19 +0.8%
2023 120.97 -1.8%
2024 120.21 -0.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 114.9 110.06 118.77 6
2000s 107.66 98 117.74 10
2010s 106.75 99.98 113.85 10
2020s 121.19 119.44 123.19 5

Countries ranked near Taiwan

  1. 14 Morocco 122.81 compare
  2. 15 Paraguay 121.57 compare
  3. 16 Lebanon 120.85 compare
  4. 18 Saint Vincent and the Grenadines 117.28 compare
  5. 19 Thailand 116.89 compare
  6. 20 Ecuador 116.69 compare

See the full ranking of 122 places →

More reference data data for Taiwan

All data for Taiwan →

Frequently asked questions

What is nominal effecive exchange rate in Taiwan?
Nominal effecive exchange rate in Taiwan was 120.21 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 Taiwan?
The highest recorded value was 123.19 in 2022.
What is the lowest nominal effecive exchange rate recorded in Taiwan?
The lowest recorded value was 98 in 2009.
How does Taiwan rank for nominal effecive exchange rate?
Taiwan ranks 17th out of 112 countries with data for 2024.
Is nominal effecive exchange rate rising or falling in Taiwan?
Over the last ten years it is up 15.7%. The long-run trend across the full record is flat.
Where does this Taiwan 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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Nominal Effecive Exchange Rate in Taiwan. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/nominal-effecive-exchange-rate/taiwan/

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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