Nigeria - Real Effective Exchange Rate 2001
78.18
+8.02 from 2000
Nigeria's real effective exchange rate was 78.18 in 2001, increased +8.02 from 70.16 in 2000. This was the 19th highest globally.
Global Ranking - 2001▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Slovak Republic | 58.65 | 2.8% |
| 2nd | Russian Federation | 63.49 | -9.5% |
| 3rd | Brazil | 63.91 | -45.5% |
| 4th | Equatorial Guinea | 64.32 | 5.1% |
| 5th | Australia | 67.57 | -18.5% |
| 6th | Zambia | 68.33 | 14.4% |
| 7th | Serbia | 69.80 | -58.3% |
| 8th | Czechia | 71.23 | 8.3% |
| 9th | Bulgaria | 72.53 | 9.6% |
| 10th | Indonesia | 72.78 | -4.9% |
| 11th | Armenia | 73.12 | -1.2% |
| 12th | Canada | 73.41 | -22.4% |
| 13th | New Zealand | 75.60 | -1.9% |
| 14th | Moldova | 75.83 | 3.7% |
| 15th | Thailand | 76.65 | -4.6% |
| 16th | Trinidad and Tobago | 76.77 | 5.7% |
| 17th | Estonia | 76.85 | 3.0% |
| 18th | Samoa | 76.93 | 3.0% |
| 19th | Nigeria | 78.18 | 11.4% |
| 20th | Hungary | 78.73 | -6.4% |
| 21st | Colombia | 78.88 | -25.5% |
| 22nd | Lithuania | 82.06 | 0.2% |
| 23rd | Papua New Guinea | 82.63 | -6.5% |
| 24th | Romania | 83.02 | 0.7% |
| 25th | Ireland | 84.87 | -8.4% |
| 26th | Georgia | 85.54 | 0.4% |
| 27th | Greece | 86.22 | -11.0% |
| 28th | Philippines | 86.44 | 8.1% |
| 29th | South Africa | 88.79 | -32.0% |
| 30th | Central African Republic | 89.20 | 2.2% |
| 31st | Côte d'Ivoire | 89.65 | 3.6% |
| 32nd | United Arab Emirates | 89.92 | 6.1% |
| 33rd | Spain | 90.11 | -1.2% |
| 34th | Malta | 91.44 | -2.2% |
| 35th | Togo | 91.49 | 1.9% |
| 36th | Latvia | 91.54 | -1.1% |
| 37th | Cyprus | 92.11 | -5.7% |
| 38th | Norway | 92.58 | -19.8% |
| 39th | India | 92.83 | 2.2% |
| 40th | Croatia | 93.02 | -2.3% |
| 41st | Ghana | 93.35 | 8.5% |
| 42nd | Belgium | 93.64 | 2.6% |
| 43rd | Peru | 93.68 | 3.9% |
| 44th | Luxembourg | 93.69 | -0.1% |
| 45th | Denmark | 93.73 | 1.6% |
| 46th | Guyana | 94.47 | 0.3% |
| 47th | Italy | 94.50 | -4.2% |
| 48th | Switzerland | 94.70 | 11.0% |
| 49th | Netherlands | 95.10 | 4.0% |
| 50th | Portugal | 95.40 | -0.5% |
| 51st | Costa Rica | 95.85 | 4.0% |
| 52nd | Chile | 95.92 | -20.4% |
| 53rd | Gabon | 96.35 | 0.1% |
| 54th | China | 96.77 | 29.5% |
| 55th | France | 96.78 | -5.8% |
| 56th | Cameroon | 96.83 | 3.4% |
| 57th | Slovenia | 97.73 | 0.4% |
| 58th | Paraguay | 98.02 | -3.7% |
| 59th | Pakistan | 98.08 | -9.1% |
| 60th | Korea | 98.47 | -3.4% |
| 61st | Austria | 98.49 | 3.3% |
| 62nd | Singapore | 99.02 | 6.4% |
| 63rd | Germany | 99.73 | -3.1% |
| 64th | Finland | 100.65 | -0.3% |
| 65th | Sweden | 101.93 | -19.1% |
| 66th | North Macedonia | 103.15 | 10.2% |
| 67th | Poland | 103.18 | 4.7% |
| 68th | Malaysia | 103.34 | -9.9% |
| 69th | Fiji | 107.48 | 1.3% |
| 70th | St. Kitts and Nevis | 107.74 | 1.3% |
| 71st | Ukraine | 108.14 | 10.6% |
| 72nd | Dominican Republic | 108.24 | 4.6% |
| 73rd | Morocco | 110.21 | -1.2% |
| 74th | Nicaragua | 110.30 | 0.3% |
| 75th | Uruguay | 110.59 | -2.4% |
| 76th | Bosnia and Herzegovina | 111.09 | 8.2% |
| 77th | Bolivia, Plurinational State of | 111.12 | -1.7% |
| 78th | Israel | 111.49 | 10.8% |
| 79th | Japan | 111.77 | -31.0% |
| 80th | Grenada | 112.47 | 0.5% |
| 81st | Uganda | 114.10 | -2.5% |
| 82nd | Belize | 115.24 | 0.9% |
| 83rd | St. Lucia | 116.76 | 4.6% |
| 84th | Antigua and Barbuda | 116.98 | 2.0% |
| 85th | Türkiye | 118.03 | -18.8% |
| 86th | Burundi | 118.73 | -4.1% |
| 87th | St. Vincent and the Grenadines | 119.07 | 1.2% |
| 88th | Iceland | 120.24 | 6.2% |
| 89th | Bahamas, The | 120.49 | 2.9% |
| 90th | Dominica | 122.00 | 1.3% |
| 91st | Solomon Islands | 122.40 | 7.9% |
| 92nd | Mexico | 123.04 | -18.1% |
| 93rd | Algeria | 123.28 | -6.4% |
| 94th | Lesotho | 123.29 | -13.7% |
| 95th | United States | 126.23 | 25.2% |
| 96th | Saudi Arabia | 126.87 | 26.0% |
| 97th | United Kingdom | 127.28 | -3.1% |
| 98th | Tunisia | 128.97 | -1.6% |
| 99th | Bahrain | 133.14 | 3.0% |
| 100th | Sierra Leone | 142.84 | 9.1% |
| 101st | Malawi | 145.09 | 8.1% |
| 102nd | Hong Kong SAR, China | 151.90 | 32.7% |
| 103rd | Gambia, The | 158.54 | -13.6% |
| 104th | Congo, Democratic Republic of | 245.92 | -51.9% |
| 105th | Iran, Islamic Republic of | 296.22 | 13.7% |
| 106th | Argentina | 498.67 | 4.9% |
FAQ
What was Nigeria's real effective exchange rate in 2001?▾
Nigeria's real effective exchange rate in 2001 was 78.18. This ranked 19th globally.
How did Nigeria's real effective exchange rate change in 2001?▾
Nigeria's real effective exchange rate increased by 11.4% in 2001 compared to 2000.
Which country had the highest real effective exchange rate in 2001?▾
Argentina had the highest real effective exchange rate in 2001 at 498.67.
What is the real effective exchange rate of Nigeria in 2001?▾
The real effective exchange rate of Nigeria in 2001 was 78.18. This ranked 19th globally.
How does 2001 compare to 2000 for Nigeria's real effective exchange rate?▾
Nigeria's real effective exchange rate went from 70.16 in 2000 to 78.18 in 2001, a 11.4% increase.
HistorySaid - pattern alert
Nigeria matched the Orthodox Tightening Cycle pattern in 2001. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 14.0%. View full analysis →
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2000
2002
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Full ranking 2001
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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