Nominal Effecive Exchange Rate in Upper middle income

Upper middle income: Nominal Effecive Exchange Rate was 95.75 in 2024. ◆ Volatile

Latest (2024)
95.75
Change on year
up 1.3%
Rank
2nd
of 10 groups
All-time high
7,194
in 1995
All-time low
89.01
in 2020
Years of data
30
1995–2024

Nominal Effecive Exchange Rate in Upper middle income, 1995–2024

02.0k4.0k6.0k8.0k1995200920241995: 7.2k1996: 5.7k1997: 4.9k1998: 4.1k1999: 3.7k2000: 3.6k2001: 3.7k2002: 3.8k2003: 2.7k2004: 952005: 95.72006: 96.82007: 97.42008: 99.22009: 992010: 1002011: 99.22012: 99.92013: 100.32014: 992015: 1012016: 95.42017: 942018: 92.82019: 91.52020: 892021: 91.62022: 95.42023: 94.52024: 95.8

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

Analysis

In 2024, nominal effecive exchange rate in Upper middle income stood at 95.75.

Compared with earlier readings it is up 1.3% on the previous year and down 3.3% over ten years.

Over the whole period, nominal effecive exchange rate in Upper middle income peaked at 7,194 in 1995 and was at its lowest, 89.01, in 2020.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 5,110 3,691 7,194 5
2000s 1,429 95.01 3,769 10
2010s 97.3 91.47 100.98 10
2020s 93.24 89.01 95.75 5

Countries ranked near Upper middle income

  1. 1 Switzerland 149.57 compare
  2. 2 Bolivia 141.88 compare
  3. 3 United Arab Emirates 136.8 compare
  4. 4 Saudi Arabia 135.76 compare
  5. 5 Panama 133.38 compare

See the full ranking of 122 places →

More reference data data for Upper middle income

All data for Upper middle income →

Frequently asked questions

What is nominal effecive exchange rate in Upper middle income?
Nominal effecive exchange rate in Upper middle income was 95.75 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 Upper middle income?
The highest recorded value was 7,194 in 1995.
What is the lowest nominal effecive exchange rate recorded in Upper middle income?
The lowest recorded value was 89.01 in 2020.
How does Upper middle income rank for nominal effecive exchange rate?
Upper middle income ranks 2nd out of 10 groups with data for 2024.
Is nominal effecive exchange rate rising or falling in Upper middle income?
Over the last ten years it is down 3.3%. The long-run trend across the full record is volatile.
Where does this Upper middle income 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

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