Nigeria - Real Effective Exchange Rate 1999
69.20
−203.81 from 1998
Nigeria's real effective exchange rate was 69.20 in 1999, decreased +203.81 from 273.00 in 1998. This was the 8th highest globally.
Global Ranking - 1999▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Russian Federation | 47.96 | -50.8% |
| 2nd | Slovak Republic | 52.28 | -1.1% |
| 3rd | Zambia | 58.20 | 0.1% |
| 4th | Moldova | 62.83 | -23.7% |
| 5th | Equatorial Guinea | 63.81 | -4.5% |
| 6th | Czechia | 66.00 | -0.9% |
| 7th | Bulgaria | 66.94 | 8.3% |
| 8th | Nigeria | 69.20 | -74.7% |
| 9th | Brazil | 70.97 | -56.6% |
| 10th | Trinidad and Tobago | 71.05 | 1.6% |
| 11th | Hungary | 72.51 | -12.3% |
| 12th | Romania | 72.66 | -14.8% |
| 13th | Armenia | 72.75 | -1.8% |
| 14th | Australia | 73.51 | -15.0% |
| 15th | Canada | 75.26 | -20.6% |
| 16th | Lithuania | 75.65 | 7.9% |
| 17th | Estonia | 77.10 | 4.2% |
| 18th | Samoa | 78.13 | -6.1% |
| 19th | Georgia | 78.46 | -14.4% |
| 20th | Indonesia | 78.82 | 42.7% |
| 21st | Papua New Guinea | 80.47 | -9.3% |
| 22nd | United Arab Emirates | 81.15 | -0.4% |
| 23rd | Poland | 83.34 | -10.1% |
| 24th | Thailand | 83.83 | 3.7% |
| 25th | New Zealand | 84.80 | -5.9% |
| 26th | Ireland | 85.57 | -14.5% |
| 27th | India | 86.80 | -1.6% |
| 28th | Latvia | 88.61 | 12.5% |
| 29th | Peru | 89.50 | -10.0% |
| 30th | Colombia | 89.90 | -30.0% |
| 31st | Guyana | 89.92 | -10.0% |
| 32nd | Croatia | 90.01 | -10.1% |
| 33rd | Central African Republic | 90.17 | -4.3% |
| 34th | Costa Rica | 90.25 | -2.5% |
| 35th | Spain | 90.38 | -3.5% |
| 36th | Greece | 91.43 | -11.8% |
| 37th | Norway | 91.49 | -22.0% |
| 38th | Côte d'Ivoire | 91.54 | -1.1% |
| 39th | Malta | 92.51 | -3.4% |
| 40th | China | 92.68 | 18.4% |
| 41st | Cyprus | 93.77 | -9.7% |
| 42nd | Togo | 94.05 | -4.3% |
| 43rd | Switzerland | 94.75 | 6.0% |
| 44th | Luxembourg | 95.00 | -1.2% |
| 45th | Portugal | 95.44 | -2.5% |
| 46th | Denmark | 96.75 | 1.2% |
| 47th | Belgium | 97.02 | 0.3% |
| 48th | Malaysia | 97.25 | -12.6% |
| 49th | Netherlands | 97.41 | -0.3% |
| 50th | Italy | 97.99 | -6.3% |
| 51st | Ukraine | 98.39 | -21.1% |
| 52nd | Singapore | 98.67 | -0.8% |
| 53rd | Dominican Republic | 98.99 | -3.6% |
| 54th | Korea | 99.29 | 19.7% |
| 55th | Cameroon | 99.36 | -1.1% |
| 56th | Slovenia | 99.59 | -0.2% |
| 57th | Philippines | 100.36 | 24.4% |
| 58th | Austria | 101.50 | 1.7% |
| 59th | Gabon | 102.04 | -4.7% |
| 60th | France | 102.53 | -7.9% |
| 61st | North Macedonia | 102.89 | 1.9% |
| 62nd | South Africa | 103.72 | -27.9% |
| 63rd | St. Kitts and Nevis | 104.22 | 1.5% |
| 64th | Bosnia and Herzegovina | 105.03 | 0.1% |
| 65th | Paraguay | 105.03 | 3.1% |
| 66th | Finland | 105.39 | -1.3% |
| 67th | St. Lucia | 105.93 | 0.9% |
| 68th | Mexico | 106.79 | -15.5% |
| 69th | Israel | 106.81 | 8.1% |
| 70th | Germany | 106.91 | -5.8% |
| 71st | Chile | 107.34 | -16.5% |
| 72nd | Solomon Islands | 108.91 | 3.7% |
| 73rd | Grenada | 109.31 | 0.8% |
| 74th | Fiji | 109.52 | 0.1% |
| 75th | Pakistan | 109.82 | -7.5% |
| 76th | Nicaragua | 111.46 | 4.0% |
| 77th | Morocco | 112.26 | 3.6% |
| 78th | Belize | 112.47 | 0.6% |
| 79th | Sweden | 113.83 | -14.0% |
| 80th | Uruguay | 114.44 | 5.0% |
| 81st | Bolivia, Plurinational State of | 114.94 | 3.0% |
| 82nd | Bahamas, The | 115.21 | -2.4% |
| 83rd | United States | 115.57 | 17.3% |
| 84th | Serbia | 116.10 | 21.0% |
| 85th | St. Vincent and the Grenadines | 116.53 | -0.2% |
| 86th | Antigua and Barbuda | 116.99 | -2.1% |
| 87th | Ghana | 117.85 | -8.2% |
| 88th | Japan | 118.90 | -13.0% |
| 89th | Burundi | 119.40 | -17.7% |
| 90th | Dominica | 119.69 | -0.6% |
| 91st | Saudi Arabia | 123.29 | 19.3% |
| 92nd | Uganda | 123.40 | -9.0% |
| 93rd | Algeria | 125.23 | -15.3% |
| 94th | Bahrain | 126.38 | -2.9% |
| 95th | United Kingdom | 129.12 | -1.9% |
| 96th | Malawi | 129.70 | 0.5% |
| 97th | Türkiye | 130.32 | 5.0% |
| 98th | Tunisia | 132.70 | 0.7% |
| 99th | Iceland | 133.48 | 26.0% |
| 100th | Sierra Leone | 142.58 | 18.5% |
| 101st | Hong Kong SAR, China | 147.96 | 15.6% |
| 102nd | Lesotho | 150.66 | -8.4% |
| 103rd | Gambia, The | 192.06 | -2.3% |
| 104th | Iran, Islamic Republic of | 219.45 | 21.4% |
| 105th | Congo, Democratic Republic of | 368.21 | 54.2% |
| 106th | Argentina | 478.78 | 9.8% |
FAQ
What was Nigeria's real effective exchange rate in 1999?▾
Nigeria's real effective exchange rate in 1999 was 69.20. This ranked 8th globally.
How did Nigeria's real effective exchange rate change in 1999?▾
Nigeria's real effective exchange rate decreased by 74.7% in 1999 compared to 1998.
Which country had the highest real effective exchange rate in 1999?▾
Argentina had the highest real effective exchange rate in 1999 at 478.78.
What is the real effective exchange rate of Nigeria in 1999?▾
The real effective exchange rate of Nigeria in 1999 was 69.20. This ranked 8th globally.
How does 1999 compare to 1998 for Nigeria's real effective exchange rate?▾
Nigeria's real effective exchange rate went from 273.00 in 1998 to 69.20 in 1999, a 74.7% decrease.
Related
1998
2000
All years
Full ranking 1999
Exchange Rate
Foreign Reserves
Reserves in Months of Imports
Peak: 1984
Lowest: 1992
Real Effective Exchange Rate 1990s
Real Effective Exchange Rate 2000s
Real Effective Exchange Rate 2010s
Real Effective Exchange Rate 2020s
Highest ever
Lowest ever
Average
vs Guinea-Bissau
vs Chad
vs Togo
vs Burkina Faso
Organisation of Islamic Cooperation Real Effective Exchange Rate
OPEC Real Effective Exchange Rate
African Union Real Effective Exchange Rate
Global Ranking