Nicaragua - Real Effective Exchange Rate 1988
Nicaragua's real effective exchange rate was 39.61 in 1988, decreased +2,744.21 from 2,783.81 in 1987. This was the 1st highest globally.
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Nicaragua | 39.61 | -98.6% |
| 2nd | Zambia | 50.23 | - |
| 3rd | Hong Kong SAR, China | 65.19 | -1.7% |
| 4th | Uruguay | 67.17 | -4.3% |
| 5th | Brazil | 69.72 | -0.2% |
| 6th | Dominican Republic | 71.24 | -16.2% |
| 7th | Portugal | 74.50 | -0.4% |
| 8th | Greece | 77.33 | -3.8% |
| 9th | Trinidad and Tobago | 79.94 | -5.5% |
| 10th | Colombia | 81.66 | -3.0% |
| 11th | Australia | 82.65 | -0.1% |
| 12th | Samoa | 83.31 | 0.2% |
| 13th | Mexico | 83.60 | 1.9% |
| 14th | Singapore | 83.73 | 7.0% |
| 15th | Costa Rica | 84.34 | -5.7% |
| 16th | Nigeria | 85.30 | 1.6% |
| 17th | Equatorial Guinea | 87.43 | -4.2% |
| 18th | Chile | 87.48 | -6.1% |
| 19th | Philippines | 88.93 | 2.0% |
| 20th | Cyprus | 92.43 | -0.9% |
| 21st | Spain | 94.51 | 5.6% |
| 22nd | Switzerland | 95.05 | 9.3% |
| 23rd | St. Kitts and Nevis | 95.15 | -5.2% |
| 24th | Solomon Islands | 95.69 | 3.0% |
| 25th | Denmark | 95.93 | 0.3% |
| 26th | Canada | 97.97 | -10.8% |
| 27th | Korea | 98.00 | 10.9% |
| 28th | Luxembourg | 99.75 | -0.7% |
| 29th | Belgium | 100.12 | 4.0% |
| 30th | New Zealand | 101.11 | 11.1% |
| 31st | Ireland | 101.15 | -4.7% |
| 32nd | Netherlands | 101.22 | 4.0% |
| 33rd | St. Lucia | 101.76 | -5.2% |
| 34th | Norway | 102.14 | -15.6% |
| 35th | Morocco | 102.70 | - |
| 36th | Austria | 103.11 | 9.2% |
| 37th | Malta | 103.38 | -0.4% |
| 38th | Israel | 106.69 | 10.3% |
| 39th | Germany | 107.05 | 1.4% |
| 40th | United States | 107.34 | 24.1% |
| 41st | France | 108.39 | -2.6% |
| 42nd | Grenada | 109.50 | -1.6% |
| 43rd | Italy | 109.96 | -0.7% |
| 44th | Bahamas, The | 110.69 | -1.1% |
| 45th | St. Vincent and the Grenadines | 115.10 | -3.5% |
| 46th | Belize | 115.33 | -2.1% |
| 47th | Fiji | 116.97 | -14.7% |
| 48th | China | 117.20 | 9.3% |
| 49th | Papua New Guinea | 117.29 | -0.9% |
| 50th | Japan | 118.71 | -11.8% |
| 51st | United Kingdom | 118.90 | 5.6% |
| 52nd | South Africa | 120.78 | -4.8% |
| 53rd | Paraguay | 120.78 | 6.9% |
| 54th | Dominica | 125.51 | -3.7% |
| 55th | Malaysia | 126.53 | -9.1% |
| 56th | Togo | 129.40 | -5.1% |
| 57th | Côte d'Ivoire | 131.34 | 2.3% |
| 58th | Finland | 131.42 | 11.0% |
| 59th | Sweden | 131.77 | -6.5% |
| 60th | Antigua and Barbuda | 132.85 | 0.7% |
| 61st | Tunisia | 132.87 | -10.1% |
| 62nd | Bolivia, Plurinational State of | 133.62 | -4.5% |
| 63rd | Saudi Arabia | 136.00 | -6.3% |
| 64th | Pakistan | 142.50 | -2.6% |
| 65th | Bahrain | 145.81 | -7.3% |
| 66th | Ghana | 151.81 | -8.1% |
| 67th | Burundi | 153.04 | -11.9% |
| 68th | Iceland | 155.71 | 5.2% |
| 69th | Central African Republic | 160.94 | -7.7% |
| 70th | Cameroon | 164.44 | -2.8% |
| 71st | Sierra Leone | 178.68 | 17.7% |
| 72nd | Malawi | 180.19 | 9.3% |
| 73rd | Gabon | 180.84 | -13.5% |
| 74th | Lesotho | 184.85 | -1.3% |
| 75th | Iran, Islamic Republic of | 217.43 | 17.5% |
| 76th | Gambia, The | 222.32 | 9.9% |
| 77th | Guyana | 270.94 | -55.9% |
| 78th | Algeria | 304.02 | -17.3% |
| 79th | Uganda | 470.37 | -8.1% |
FAQ
Nicaragua's real effective exchange rate in 1988 was 39.61. This ranked 1st globally.
Nicaragua's real effective exchange rate decreased by 98.6% in 1988 compared to 1987.
Uganda had the highest real effective exchange rate in 1988 at 470.37.
The real effective exchange rate of Nicaragua in 1988 was 39.61. This ranked 1st globally.
Nicaragua's real effective exchange rate went from 2,783.81 in 1987 to 39.61 in 1988, a 98.6% decrease.
Nicaragua matched the Orthodox Tightening Cycle pattern in 1988. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 3004.1%. View full analysis →