Nominal Effecive Exchange Rate in United Kingdom

United Kingdom: Nominal Effecive Exchange Rate was 107.1 in 2024. ▼ Falling

Latest (2024)
107.1
Change on year
up 4.6%
World rank
43rd
of 112 countries
All-time high
129.87
in 2007
All-time low
96.27
in 2017
Years of data
31
1994–2024

Nominal Effecive Exchange Rate in United Kingdom, 1994–2024

0501001501994200920241994: 100.41995: 981996: 100.41997: 116.91998: 125.21999: 126.22000: 128.92001: 126.72002: 127.82003: 1232004: 128.82005: 126.72006: 127.32007: 129.92008: 113.82009: 100.72010: 1002011: 99.32012: 102.82013: 101.12014: 107.82015: 113.42016: 102.32017: 96.32018: 97.92019: 97.82020: 98.22021: 102.42022: 101.12023: 102.42024: 107.1

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 40 Samoa 107.57 compare
  2. 41 Peru 107.5 compare
  3. 42 South Korea 107.25 compare
  4. 44 Georgia 106.2 compare
  5. 45 Gabon 105.93 compare
  6. 46 New Zealand 105.32 compare

See the full ranking of 122 places →

More reference data data for United Kingdom

All data for United Kingdom →

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.

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