{"entity":{"iso2":"NG","iso3":"NGA","name":"Nigeria","slug":"nigeria"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"real-effective-exchange-rate","source":"World Bank staff calculations based on Datastream and IMF International Finance Statistics data","source_url":"https://data.worldbank.org/indicator/REER","title":"Real Effective Exchange Rate","unit":null},"observations":[{"date":"1995-01-01","value":160.189},{"date":"1996-01-01","value":94.9394},{"date":"1997-01-01","value":64.9659},{"date":"1998-01-01","value":68.6716},{"date":"1999-01-01","value":66.9139},{"date":"2000-01-01","value":68.4928},{"date":"2001-01-01","value":75.7159},{"date":"2002-01-01","value":78.1747},{"date":"2003-01-01","value":73.691},{"date":"2004-01-01","value":77.4352},{"date":"2005-01-01","value":88.5458},{"date":"2006-01-01","value":94.618},{"date":"2007-01-01","value":93.2454},{"date":"2008-01-01","value":101.273},{"date":"2009-01-01","value":92.3081},{"date":"2010-01-01","value":99.9637},{"date":"2011-01-01","value":99.6553},{"date":"2012-01-01","value":109.628},{"date":"2013-01-01","value":115.982},{"date":"2014-01-01","value":119.936},{"date":"2015-01-01","value":115.263},{"date":"2016-01-01","value":108.807},{"date":"2017-01-01","value":98.9298},{"date":"2018-01-01","value":107.062},{"date":"2019-01-01","value":121.287},{"date":"2020-01-01","value":116.68},{"date":"2021-01-01","value":112.066},{"date":"2022-01-01","value":125.454},{"date":"2023-01-01","value":107.515},{"date":"2024-01-01","value":58.4746}],"summary":{"latest_period":"2024-01-01","latest_value":58.4746,"max":160.189,"mean":97.1961,"min":58.4746,"of":107,"rank":105,"trend":"rising"}}