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Nigeria - Real Effective Exchange Rate 1984

Real effective exchange rate index · BIS

536.90 +147.49 from 1983 Global rank: 73rd

Nigeria's real effective exchange rate was 536.90 in 1984, increased +147.49 from 389.41 in 1983. This was the 73rd highest globally.

Global Ranking - 1984▾

Real Effective Exchange Rate by Country - 1984
Rank	Country	Value	YoY
1st	Brazil	72.83	-10.7%
2nd	Portugal	73.67	-1.8%
3rd	Uruguay	76.27	-2.4%
4th	New Zealand	79.14	-3.5%
5th	Hong Kong SAR, China	79.24	0.8%
6th	Spain	80.00	-1.4%
7th	Japan	80.91	-16.8%
8th	Greece	81.06	-10.9%
9th	Denmark	85.11	-2.7%
10th	Switzerland	88.55	6.5%
11th	Belgium	94.12	5.3%
12th	Ireland	95.74	-3.6%
13th	Côte d'Ivoire	96.08	-0.7%
14th	Austria	96.80	10.8%
15th	Netherlands	98.04	2.8%
16th	Costa Rica	98.23	2.9%
17th	Dominican Republic	98.51	-30.3%
18th	Luxembourg	99.37	0.5%
19th	Norway	99.87	-20.0%
20th	Italy	100.99	-1.3%
21st	Australia	101.72	-8.6%
22nd	Mexico	101.87	22.7%
23rd	Cyprus	102.13	-0.9%
24th	Germany	102.67	-1.1%
25th	France	102.72	-2.9%
26th	Samoa	102.80	-4.2%
27th	Israel	105.36	-6.1%
28th	Canada	106.05	-13.3%
29th	Singapore	109.42	4.9%
30th	Philippines	110.14	-1.1%
31st	St. Kitts and Nevis	111.25	1.9%
32nd	Korea	115.27	-2.7%
33rd	Bahamas, The	115.66	2.9%
34th	Malta	116.78	-1.3%
35th	St. Lucia	119.40	4.0%
36th	United Kingdom	121.82	-6.5%
37th	Finland	123.78	10.3%
38th	Trinidad and Tobago	126.15	14.8%
39th	Sweden	126.32	-5.5%
40th	St. Vincent and the Grenadines	128.34	1.6%
41st	Cameroon	130.67	1.8%
42nd	Belize	130.83	4.1%
43rd	Papua New Guinea	131.86	0.8%
44th	Grenada	132.79	6.7%
45th	Togo	133.32	-9.2%
46th	Iceland	138.48	6.7%
47th	Solomon Islands	139.08	1.0%
48th	Chile	142.38	-0.8%
49th	Dominica	144.10	8.2%
50th	United States	145.06	40.3%
51st	Colombia	145.56	-6.8%
52nd	South Africa	160.43	-11.7%
53rd	Antigua and Barbuda	162.37	5.3%
54th	Paraguay	164.88	-1.6%
55th	Central African Republic	168.72	-5.8%
56th	Fiji	176.90	1.4%
57th	Malaysia	184.04	3.9%
58th	Gabon	189.45	-4.0%
59th	China	202.44	-10.9%
60th	Lesotho	203.18	-1.1%
61st	Pakistan	214.57	2.1%
62nd	Malawi	214.58	6.1%
63rd	Tunisia	217.45	0.0%
64th	Bahrain	229.85	2.3%
65th	Burundi	231.49	-7.2%
66th	Saudi Arabia	239.62	-2.0%
67th	Gambia, The	248.87	-5.0%
68th	Uganda	293.43	-31.7%
69th	Bolivia, Plurinational State of	295.47	32.2%
70th	Algeria	417.54	8.9%
71st	Iran, Islamic Republic of	424.28	12.7%
72nd	Ghana	483.56	-84.2%
73rd	Nigeria	536.90	37.9%
74th	Sierra Leone	561.18	26.2%
75th	Guyana	1,221.05	2.9%

FAQ

What was Nigeria's real effective exchange rate in 1984?▾

Nigeria's real effective exchange rate in 1984 was 536.90. This ranked 73rd globally.

How did Nigeria's real effective exchange rate change in 1984?▾

Nigeria's real effective exchange rate increased by 37.9% in 1984 compared to 1983.

Which country had the highest real effective exchange rate in 1984?▾

Guyana had the highest real effective exchange rate in 1984 at 1,221.05.

What is the real effective exchange rate of Nigeria in 1984?▾

The real effective exchange rate of Nigeria in 1984 was 536.90. This ranked 73rd globally.

How does 1984 compare to 1983 for Nigeria's real effective exchange rate?▾

Nigeria's real effective exchange rate went from 389.41 in 1983 to 536.90 in 1984, a 37.9% increase.

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