Nigeria - Real Effective Exchange Rate 2003
73.67
−4.75 from 2002
Nigeria's real effective exchange rate was 73.67 in 2003, decreased +4.75 from 78.42 in 2002. This was the 10th highest globally.
Global Ranking - 2003▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Brazil | 57.58 | -37.5% |
| 2nd | Zambia | 61.92 | -11.5% |
| 3rd | Moldova | 67.87 | -5.4% |
| 4th | Armenia | 67.94 | -7.9% |
| 5th | Slovak Republic | 68.30 | 15.2% |
| 6th | Russian Federation | 68.83 | -19.8% |
| 7th | Colombia | 68.96 | -32.9% |
| 8th | Iran, Islamic Republic of | 70.54 | -37.2% |
| 9th | Uruguay | 73.59 | -21.7% |
| 10th | Nigeria | 73.67 | -6.1% |
| 11th | Thailand | 77.12 | -2.1% |
| 12th | Trinidad and Tobago | 77.38 | -1.7% |
| 13th | Georgia | 78.03 | -5.9% |
| 14th | Czechia | 78.03 | -0.9% |
| 15th | Bulgaria | 78.92 | 8.5% |
| 16th | Australia | 79.37 | -5.7% |
| 17th | Philippines | 79.40 | 4.5% |
| 18th | Paraguay | 79.60 | -6.5% |
| 19th | Dominican Republic | 79.92 | -24.4% |
| 20th | Samoa | 80.47 | -1.0% |
| 21st | Canada | 80.96 | -11.3% |
| 22nd | Romania | 81.10 | -3.9% |
| 23rd | Estonia | 81.50 | 3.4% |
| 24th | Equatorial Guinea | 82.36 | 17.1% |
| 25th | United Arab Emirates | 82.59 | -7.6% |
| 26th | Serbia | 84.03 | 4.3% |
| 27th | Burundi | 84.46 | -18.3% |
| 28th | Latvia | 85.02 | -2.4% |
| 29th | Lithuania | 85.32 | 1.4% |
| 30th | Papua New Guinea | 85.54 | 10.8% |
| 31st | Chile | 86.21 | -18.4% |
| 32nd | Costa Rica | 87.56 | -6.5% |
| 33rd | China | 88.38 | 16.1% |
| 34th | Poland | 88.45 | -17.2% |
| 35th | Solomon Islands | 89.14 | -12.8% |
| 36th | Hungary | 89.16 | -11.8% |
| 37th | India | 89.42 | -0.2% |
| 38th | Ghana | 91.03 | 2.8% |
| 39th | Congo, Democratic Republic of | 91.04 | -17.5% |
| 40th | Peru | 91.99 | -3.0% |
| 41st | Guyana | 92.29 | -3.4% |
| 42nd | Singapore | 93.06 | 2.2% |
| 43rd | New Zealand | 93.80 | 12.5% |
| 44th | Indonesia | 94.46 | 7.2% |
| 45th | Croatia | 94.55 | -5.0% |
| 46th | Greece | 94.71 | -5.8% |
| 47th | Gambia, The | 95.26 | -27.6% |
| 48th | Ukraine | 95.49 | -8.1% |
| 49th | Israel | 95.74 | 5.9% |
| 50th | Uganda | 95.82 | -12.2% |
| 51st | Spain | 96.77 | 1.5% |
| 52nd | Central African Republic | 97.18 | 6.6% |
| 53rd | Malaysia | 97.89 | -19.2% |
| 54th | Togo | 98.27 | 3.6% |
| 55th | Luxembourg | 98.37 | 3.5% |
| 56th | Switzerland | 98.38 | 8.3% |
| 57th | Bolivia, Plurinational State of | 98.57 | -10.0% |
| 58th | South Africa | 98.83 | 0.1% |
| 59th | Pakistan | 98.84 | -2.7% |
| 60th | Malta | 98.91 | 2.4% |
| 61st | Ireland | 99.02 | -2.3% |
| 62nd | Côte d'Ivoire | 99.68 | 6.9% |
| 63rd | Belgium | 99.72 | 7.2% |
| 64th | Norway | 99.97 | -22.7% |
| 65th | Denmark | 100.51 | 5.6% |
| 66th | Nicaragua | 100.72 | -6.4% |
| 67th | Gabon | 100.92 | 4.9% |
| 68th | Cyprus | 101.52 | -0.6% |
| 69th | Slovenia | 101.78 | 2.2% |
| 70th | Sierra Leone | 102.10 | -17.3% |
| 71st | Portugal | 102.21 | 1.8% |
| 72nd | Austria | 102.80 | 7.0% |
| 73rd | Italy | 102.89 | 0.9% |
| 74th | St. Kitts and Nevis | 102.97 | -3.9% |
| 75th | Algeria | 103.01 | -18.2% |
| 76th | Korea | 103.11 | 2.1% |
| 77th | Cameroon | 103.54 | 3.2% |
| 78th | France | 103.77 | -0.3% |
| 79th | Netherlands | 104.37 | 7.2% |
| 80th | North Macedonia | 104.53 | 2.7% |
| 81st | Japan | 105.05 | -22.3% |
| 82nd | Grenada | 106.13 | -4.0% |
| 83rd | Germany | 106.15 | 2.0% |
| 84th | Finland | 107.08 | 3.6% |
| 85th | St. Vincent and the Grenadines | 108.12 | -7.3% |
| 86th | St. Lucia | 108.14 | -4.7% |
| 87th | Bosnia and Herzegovina | 108.56 | 0.5% |
| 88th | Morocco | 108.89 | 1.9% |
| 89th | Mexico | 110.21 | -31.8% |
| 90th | Malawi | 110.62 | -30.1% |
| 91st | Lesotho | 111.16 | 43.6% |
| 92nd | Sweden | 111.62 | -6.3% |
| 93rd | Belize | 111.90 | -2.4% |
| 94th | Saudi Arabia | 112.74 | 13.5% |
| 95th | Bahamas, The | 113.04 | -5.1% |
| 96th | Antigua and Barbuda | 114.07 | -3.1% |
| 97th | Fiji | 115.18 | 6.9% |
| 98th | Dominica | 117.60 | -2.2% |
| 99th | United States | 118.00 | 10.9% |
| 100th | Tunisia | 121.31 | -4.9% |
| 101st | United Kingdom | 122.95 | -4.6% |
| 102nd | Bahrain | 125.68 | -7.8% |
| 103rd | Hong Kong SAR, China | 129.15 | 16.9% |
| 104th | Iceland | 135.96 | 30.0% |
| 105th | Türkiye | 141.13 | 9.1% |
| 106th | Argentina | 227.36 | 0.6% |
FAQ
What was Nigeria's real effective exchange rate in 2003?▾
Nigeria's real effective exchange rate in 2003 was 73.67. This ranked 10th globally.
How did Nigeria's real effective exchange rate change in 2003?▾
Nigeria's real effective exchange rate decreased by 6.1% in 2003 compared to 2002.
Which country had the highest real effective exchange rate in 2003?▾
Argentina had the highest real effective exchange rate in 2003 at 227.36.
What is the real effective exchange rate of Nigeria in 2003?▾
The real effective exchange rate of Nigeria in 2003 was 73.67. This ranked 10th globally.
How does 2003 compare to 2002 for Nigeria's real effective exchange rate?▾
Nigeria's real effective exchange rate went from 78.42 in 2002 to 73.67 in 2003, a 6.1% decrease.
Related
2002
2004
All years
Full ranking 2003
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