Real Effective Exchange Rate in Nicaragua

Nicaragua: Real Effective Exchange Rate was 95.57 in 2018. β–Ό Falling

Latest (2018)
95.57
Change on year
down 2.8%
World rank
73rd
of 107 countries
All-time high
110.27
in 2001
All-time low
94.21
in 2007
Years of data
19
2000–2018

Real Effective Exchange Rate in Nicaragua, 2000–2018

02550751002000200920182000: 109.92001: 110.32002: 107.72003: 100.72004: 972005: 95.82006: 96.12007: 94.22008: 97.82009: 106.92010: 1002011: 95.92012: 97.42013: 97.22014: 97.32015: 1022016: 102.12017: 98.32018: 95.6

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

Analysis

In 2018, real effective exchange rate in Nicaragua stood at 95.57.

Compared with earlier readings it is down 2.8% on the previous year and down 2.3% over ten years.

Over the whole period, real effective exchange rate in Nicaragua peaked at 110.27 in 2001 and was at its lowest, 94.21, in 2007.

Nicaragua ranks 73rd of 107 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 101.65 94.21 110.27 10
2010s 98.43 95.57 102.1 9

Countries ranked near Nicaragua

  1. 70 Saint Kitts and Nevis 96.97 compare
  2. 71 Italy 96.8 compare
  3. 72 Togo 96.24 compare
  4. 74 Grenada 95.43 compare
  5. 75 France 95.39 compare
  6. 76 Malta 93.85 compare

See the full ranking of 117 places β†’

More reference data data for Nicaragua

All data for Nicaragua β†’

Frequently asked questions

What is real effective exchange rate in Nicaragua?
Real effective exchange rate in Nicaragua was 95.57 in 2018, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest real effective exchange rate recorded in Nicaragua?
The highest recorded value was 110.27 in 2001.
What is the lowest real effective exchange rate recorded in Nicaragua?
The lowest recorded value was 94.21 in 2007.
How does Nicaragua rank for real effective exchange rate?
Nicaragua ranks 73rd out of 107 countries with data for 2018.
Is real effective exchange rate rising or falling in Nicaragua?
Over the last ten years it is down 2.3%. The long-run trend across the full record is falling.
Where does this Nicaragua data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Real Effective Exchange Rate. Statizoid updates them automatically from the source API.

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About this data

Indicator
Real Effective 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
117 places, 2,839 data points, 1994–2024
Last refreshed

Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.