Nicaragua - Real Effective Exchange Rate 1989
Nicaragua's real effective exchange rate was 20.32 in 1989, decreased +19.28 from 39.61 in 1988. This was the 1st highest globally.
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Nicaragua | 20.32 | -48.7% |
| 2nd | Zambia | 64.97 | 29.4% |
| 3rd | Uruguay | 68.30 | 1.7% |
| 4th | Hong Kong SAR, China | 70.75 | 8.5% |
| 5th | Nigeria | 76.30 | -10.6% |
| 6th | Portugal | 78.08 | 3.2% |
| 7th | Greece | 78.24 | -5.0% |
| 8th | Colombia | 78.53 | -3.8% |
| 9th | Trinidad and Tobago | 79.12 | -1.0% |
| 10th | Samoa | 80.62 | -3.2% |
| 11th | Equatorial Guinea | 85.62 | -2.1% |
| 12th | Dominican Republic | 85.89 | 20.6% |
| 13th | Singapore | 87.50 | 15.0% |
| 14th | Australia | 88.70 | -2.3% |
| 15th | Costa Rica | 88.80 | 5.3% |
| 16th | Switzerland | 89.70 | 6.3% |
| 17th | Mexico | 89.73 | -12.1% |
| 18th | Chile | 89.87 | 2.7% |
| 19th | Paraguay | 90.10 | -25.4% |
| 20th | Cyprus | 90.68 | -1.9% |
| 21st | Brazil | 93.74 | 34.5% |
| 22nd | Denmark | 94.33 | -0.3% |
| 23rd | Philippines | 95.50 | 7.4% |
| 24th | New Zealand | 96.18 | 0.3% |
| 25th | Netherlands | 97.42 | 2.7% |
| 26th | St. Kitts and Nevis | 98.01 | 3.0% |
| 27th | Solomon Islands | 98.81 | 3.3% |
| 28th | Belgium | 98.93 | 5.5% |
| 29th | Luxembourg | 99.52 | -0.2% |
| 30th | Ireland | 99.60 | -3.2% |
| 31st | Spain | 100.27 | 6.7% |
| 32nd | Malta | 101.09 | -2.2% |
| 33rd | Norway | 101.67 | -18.0% |
| 34th | Austria | 101.86 | 8.8% |
| 35th | Morocco | 103.28 | 0.6% |
| 36th | St. Lucia | 104.20 | 2.4% |
| 37th | Germany | 104.67 | 1.9% |
| 38th | Canada | 104.96 | -9.7% |
| 39th | France | 106.24 | -2.2% |
| 40th | Israel | 108.04 | 1.3% |
| 41st | Japan | 108.81 | -23.1% |
| 42nd | United States | 111.00 | 38.3% |
| 43rd | Korea | 112.56 | 14.9% |
| 44th | Italy | 112.65 | 2.9% |
| 45th | Bahamas, The | 112.80 | 1.9% |
| 46th | Grenada | 115.02 | 5.0% |
| 47th | Belize | 115.89 | 0.5% |
| 48th | Fiji | 117.12 | 0.1% |
| 49th | United Kingdom | 117.14 | -1.6% |
| 50th | Togo | 120.51 | -6.9% |
| 51st | Papua New Guinea | 120.57 | 2.8% |
| 52nd | South Africa | 121.66 | 0.7% |
| 53rd | Côte d'Ivoire | 124.18 | -5.5% |
| 54th | Malaysia | 124.38 | -1.7% |
| 55th | St. Vincent and the Grenadines | 125.36 | 8.9% |
| 56th | Bolivia, Plurinational State of | 128.82 | -3.6% |
| 57th | Dominica | 130.91 | 4.3% |
| 58th | Tunisia | 131.17 | -1.3% |
| 59th | Pakistan | 133.72 | -6.2% |
| 60th | Sweden | 135.47 | -5.7% |
| 61st | Antigua and Barbuda | 136.20 | 2.5% |
| 62nd | China | 136.36 | 16.4% |
| 63rd | Saudi Arabia | 137.78 | 1.3% |
| 64th | Finland | 138.55 | 13.3% |
| 65th | Ghana | 142.02 | -6.4% |
| 66th | Iceland | 142.38 | -8.6% |
| 67th | Bahrain | 148.03 | 1.5% |
| 68th | Cameroon | 151.74 | -7.7% |
| 69th | Central African Republic | 154.06 | -4.3% |
| 70th | Burundi | 155.13 | 1.4% |
| 71st | Sierra Leone | 156.52 | -12.4% |
| 72nd | Lesotho | 185.32 | 0.3% |
| 73rd | Malawi | 187.70 | 4.2% |
| 74th | Gabon | 213.69 | 18.2% |
| 75th | Gambia, The | 214.93 | -3.3% |
| 76th | Iran, Islamic Republic of | 217.81 | 0.2% |
| 77th | Guyana | 218.28 | -19.4% |
| 78th | Algeria | 260.79 | -14.2% |
| 79th | Uganda | 384.83 | -18.2% |
FAQ
Nicaragua's real effective exchange rate in 1989 was 20.32. This ranked 1st globally.
Nicaragua's real effective exchange rate decreased by 48.7% in 1989 compared to 1988.
Uganda had the highest real effective exchange rate in 1989 at 384.83.
The real effective exchange rate of Nicaragua in 1989 was 20.32. This ranked 1st globally.
Nicaragua's real effective exchange rate went from 39.61 in 1988 to 20.32 in 1989, a 48.7% decrease.
Nicaragua matched the Orthodox Tightening Cycle pattern in 1989. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 116.6%. View full analysis →