Nominal Effecive Exchange Rate in Thailand

Thailand: Nominal Effecive Exchange Rate was 116.89 in 2024. ▲ Rising

Latest (2024)
116.89
Change on year
up 0.9%
World rank
19th
of 112 countries
All-time high
123.21
in 1996
All-time low
87.31
in 2005
Years of data
31
1994–2024

Nominal Effecive Exchange Rate in Thailand, 1994–2024

02550751001251994200920241994: 122.61995: 118.31996: 123.21997: 112.41998: 90.81999: 95.52000: 91.72001: 87.82002: 90.72003: 88.72004: 87.92005: 87.32006: 92.62007: 105.22008: 982009: 95.82010: 1002011: 98.62012: 98.42013: 103.62014: 100.92015: 104.72016: 102.72017: 107.52018: 111.72019: 119.72020: 119.12021: 113.72022: 112.12023: 115.82024: 116.9

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 Thailand is 116.89, measured in 2024.

That represents a change of up 0.9% on the previous year and up 15.9% over ten years.

Over the whole period, nominal effecive exchange rate in Thailand peaked at 123.21 in 1996 and was at its lowest, 87.31, in 2005.

Thailand ranks 19th of 112 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 31 years of available data.

Nominal Effecive Exchange Rate in Thailand, year by year

Annual values for Nominal Effecive Exchange Rate in Thailand, 1994 to 2024.
Year Value Change
1994 122.59
1995 118.31 -3.5%
1996 123.21 +4.1%
1997 112.39 -8.8%
1998 90.81 -19.2%
1999 95.48 +5.1%
2000 91.7 -4.0%
2001 87.78 -4.3%
2002 90.71 +3.3%
2003 88.74 -2.2%
2004 87.95 -0.9%
2005 87.31 -0.7%
2006 92.59 +6.1%
2007 105.17 +13.6%
2008 98.01 -6.8%
2009 95.78 -2.3%
2010 99.97 +4.4%
2011 98.61 -1.4%
2012 98.4 -0.2%
2013 103.62 +5.3%
2014 100.89 -2.6%
2015 104.73 +3.8%
2016 102.74 -1.9%
2017 107.5 +4.6%
2018 111.71 +3.9%
2019 119.67 +7.1%
2020 119.11 -0.5%
2021 113.71 -4.5%
2022 112.08 -1.4%
2023 115.85 +3.4%
2024 116.89 +0.9%

Thailand compared with similar countries

  • Thailand's 116.89 is above the median for upper middle income countries, which is 102.78, 1.1× the median. (32 countries reporting)
  • Thailand's 116.89 is above the median for East Asia & Pacific, which is 101.8, 1.1× the median. (15 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 110.46 90.81 123.21 6
2000s 92.57 87.31 105.17 10
2010s 104.78 98.4 119.67 10
2020s 115.53 112.08 119.11 5

Countries ranked near Thailand

  1. 16 Lebanon 120.85 compare
  2. 17 Taiwan 120.21 compare
  3. 18 Saint Vincent and the Grenadines 117.28 compare
  4. 20 Ecuador 116.69 compare
  5. 21 Belize 115.93 compare
  6. 22 Solomon Islands 115.28 compare

See the full ranking of 122 places →

More reference data data for Thailand

All data for Thailand →

Frequently asked questions

What is nominal effecive exchange rate in Thailand?
Nominal effecive exchange rate in Thailand was 116.89 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 Thailand?
The highest recorded value was 123.21 in 1996.
What is the lowest nominal effecive exchange rate recorded in Thailand?
The lowest recorded value was 87.31 in 2005.
How does Thailand rank for nominal effecive exchange rate?
Thailand ranks 19th out of 112 countries with data for 2024.
Is nominal effecive exchange rate rising or falling in Thailand?
Over the last ten years it is up 15.9%. The long-run trend across the full record is rising.
Where does this Thailand 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 Thailand. 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/thailand/

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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