Nominal Effecive Exchange Rate in United Kingdom
United Kingdom: Nominal Effecive Exchange Rate was 107.1 in 2024. ▼ Falling
Nominal Effecive Exchange Rate in United Kingdom, 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 United Kingdom is 107.1, measured in 2024.
Compared with earlier readings it is up 4.6% on the previous year and down 0.7% over ten years.
Over the whole period, nominal effecive exchange rate in United Kingdom peaked at 129.87 in 2007 and was at its lowest, 96.27, in 2017.
That places United Kingdom 43rd out of 112 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Nominal Effecive Exchange Rate in United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 100.38 | — |
| 1995 | 97.95 | -2.4% |
| 1996 | 100.36 | +2.5% |
| 1997 | 116.9 | +16.5% |
| 1998 | 125.22 | +7.1% |
| 1999 | 126.2 | +0.8% |
| 2000 | 128.86 | +2.1% |
| 2001 | 126.68 | -1.7% |
| 2002 | 127.78 | +0.9% |
| 2003 | 123.04 | -3.7% |
| 2004 | 128.75 | +4.6% |
| 2005 | 126.68 | -1.6% |
| 2006 | 127.31 | +0.5% |
| 2007 | 129.87 | +2.0% |
| 2008 | 113.76 | -12.4% |
| 2009 | 100.71 | -11.5% |
| 2010 | 100 | -0.7% |
| 2011 | 99.28 | -0.7% |
| 2012 | 102.82 | +3.6% |
| 2013 | 101.14 | -1.6% |
| 2014 | 107.8 | +6.6% |
| 2015 | 113.44 | +5.2% |
| 2016 | 102.26 | -9.9% |
| 2017 | 96.27 | -5.9% |
| 2018 | 97.9 | +1.7% |
| 2019 | 97.77 | -0.1% |
| 2020 | 98.2 | +0.4% |
| 2021 | 102.38 | +4.3% |
| 2022 | 101.14 | -1.2% |
| 2023 | 102.38 | +1.2% |
| 2024 | 107.1 | +4.6% |
United Kingdom compared with similar countries
- United Kingdom's 107.1 is above the median for high income countries, which is 104.58, 1.0× the median. (54 countries reporting)
- United Kingdom's 107.1 is above the median for Europe & Central Asia, which is 103.13, 1.0× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 111.17 | 97.95 | 126.2 | 6 |
| 2000s | 123.34 | 100.71 | 129.87 | 10 |
| 2010s | 101.87 | 96.27 | 113.44 | 10 |
| 2020s | 102.24 | 98.2 | 107.1 | 5 |
Countries ranked near United Kingdom
More reference data data for United Kingdom
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 3.13 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.97 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 13.26 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.01 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 13.26 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 10.5 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.51 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.81 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 59.34 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 5.48 (2050)
Frequently asked questions
- What is nominal effecive exchange rate in United Kingdom?
- Nominal effecive exchange rate in United Kingdom was 107.1 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 United Kingdom?
- The highest recorded value was 129.87 in 2007.
- What is the lowest nominal effecive exchange rate recorded in United Kingdom?
- The lowest recorded value was 96.27 in 2017.
- How does United Kingdom rank for nominal effecive exchange rate?
- United Kingdom ranks 43rd out of 112 countries with data for 2024.
- Is nominal effecive exchange rate rising or falling in United Kingdom?
- Over the last ten years it is down 0.7%. The long-run trend across the full record is falling.
- Where does this United Kingdom 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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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