Norway - Real Effective Exchange Rate 2020
78.12
−29.05 from 2019
Norway's real effective exchange rate was 78.12 in 2020, decreased +29.05 from 83.62 in 2019. This was the 9th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Brazil | 55.58 | -55.9% |
| 2nd | Zambia | 66.45 | -16.7% |
| 3rd | Colombia | 68.00 | -37.3% |
| 4th | South Africa | 71.07 | -36.1% |
| 5th | Ghana | 74.62 | 1.6% |
| 6th | Lesotho | 75.13 | -6.0% |
| 7th | Mexico | 77.10 | -28.9% |
| 8th | Japan | 77.31 | -22.0% |
| 9th | Norway | 78.12 | -27.1% |
| 10th | Russian Federation | 80.80 | -25.9% |
| 11th | Canada | 80.84 | -20.1% |
| 12th | Dominican Republic | 82.09 | -5.7% |
| 13th | Malaysia | 84.40 | -18.7% |
| 14th | Chile | 84.61 | -22.4% |
| 15th | Tunisia | 85.20 | 8.7% |
| 16th | Australia | 85.33 | -15.7% |
| 17th | Hungary | 85.67 | -17.7% |
| 18th | Cyprus | 87.59 | -11.9% |
| 19th | Sweden | 87.71 | -10.3% |
| 20th | Ireland | 88.08 | -11.8% |
| 21st | Greece | 88.31 | -12.3% |
| 22nd | Georgia | 89.52 | -3.4% |
| 23rd | Algeria | 91.22 | -12.6% |
| 24th | Ukraine | 92.00 | -1.5% |
| 25th | Malta | 92.85 | -5.9% |
| 26th | Poland | 92.93 | -6.6% |
| 27th | Croatia | 93.37 | -7.8% |
| 28th | Malawi | 94.65 | 8.9% |
| 29th | France | 94.94 | -4.2% |
| 30th | Italy | 95.09 | -4.6% |
| 31st | Dominica | 95.38 | -0.7% |
| 32nd | Gambia, The | 95.50 | 2.2% |
| 33rd | Grenada | 95.76 | -0.7% |
| 34th | Nicaragua | 95.97 | 0.0% |
| 35th | Togo | 95.98 | 2.1% |
| 36th | Germany | 96.35 | -2.6% |
| 37th | Spain | 96.36 | -3.5% |
| 38th | Denmark | 96.68 | -2.6% |
| 39th | St. Kitts and Nevis | 97.20 | -1.1% |
| 40th | Uganda | 97.22 | 1.8% |
| 41st | Côte d'Ivoire | 97.58 | 3.7% |
| 42nd | Pakistan | 97.59 | 0.3% |
| 43rd | Portugal | 97.71 | -2.0% |
| 44th | Finland | 98.25 | -0.8% |
| 45th | Romania | 98.62 | 0.1% |
| 46th | United Kingdom | 98.80 | -1.1% |
| 47th | North Macedonia | 99.62 | 1.2% |
| 48th | Cameroon | 99.70 | 3.1% |
| 49th | Peru | 100.00 | -1.4% |
| 50th | Slovenia | 100.00 | 0.3% |
| 51st | United Arab Emirates | 100.00 | -3.4% |
| 52nd | Argentina | 100.00 | 1.2% |
| 53rd | Indonesia | 100.00 | -1.8% |
| 54th | India | 100.00 | 0.6% |
| 55th | Lithuania | 100.00 | 1.9% |
| 56th | Serbia | 100.00 | 2.7% |
| 57th | Thailand | 100.00 | -2.8% |
| 58th | Bosnia and Herzegovina | 100.00 | -0.7% |
| 59th | Estonia | 100.00 | 0.1% |
| 60th | Türkiye | 100.00 | -9.8% |
| 61st | Czechia | 100.24 | 0.9% |
| 62nd | St. Lucia | 100.76 | -1.8% |
| 63rd | New Zealand | 100.88 | 0.0% |
| 64th | Luxembourg | 100.99 | 1.7% |
| 65th | Belgium | 101.22 | 2.4% |
| 66th | Bahamas, The | 101.45 | -0.6% |
| 67th | Morocco | 101.59 | 2.7% |
| 68th | Netherlands | 101.88 | 3.6% |
| 69th | Armenia | 102.28 | -0.1% |
| 70th | Slovak Republic | 103.14 | 5.5% |
| 71st | Gabon | 103.24 | 2.6% |
| 72nd | Samoa | 103.60 | -2.0% |
| 73rd | Singapore | 103.63 | 1.0% |
| 74th | Austria | 103.68 | 5.3% |
| 75th | St. Vincent and the Grenadines | 104.00 | -1.5% |
| 76th | Belize | 104.40 | 0.4% |
| 77th | Latvia | 104.56 | 5.4% |
| 78th | Bulgaria | 105.34 | 8.2% |
| 79th | Bahrain | 107.22 | -3.2% |
| 80th | Sierra Leone | 107.23 | 3.1% |
| 81st | Guyana | 107.31 | 0.4% |
| 82nd | Costa Rica | 107.87 | 1.0% |
| 83rd | Switzerland | 108.18 | 12.4% |
| 84th | Equatorial Guinea | 108.22 | 6.0% |
| 85th | Uruguay | 108.54 | -4.6% |
| 86th | Paraguay | 108.86 | -1.3% |
| 87th | Fiji | 110.39 | -3.2% |
| 88th | Philippines | 111.27 | 17.7% |
| 89th | Israel | 111.50 | 14.0% |
| 90th | Antigua and Barbuda | 112.19 | 0.3% |
| 91st | Saudi Arabia | 115.79 | 18.5% |
| 92nd | Burundi | 116.31 | 1.9% |
| 93rd | United States | 118.01 | 19.7% |
| 94th | Nigeria | 119.52 | -3.8% |
| 95th | Iceland | 120.82 | 11.2% |
| 96th | China | 123.64 | 26.3% |
| 97th | Congo, Democratic Republic of | 126.26 | 1.2% |
| 98th | Papua New Guinea | 127.46 | 2.2% |
| 99th | Central African Republic | 127.88 | 2.1% |
| 100th | Trinidad and Tobago | 127.98 | 0.9% |
| 101st | Solomon Islands | 129.87 | 1.9% |
| 102nd | Moldova | 132.03 | 5.1% |
| 103rd | Hong Kong SAR, China | 132.63 | 32.8% |
| 104th | Korea | 136.98 | 34.3% |
| 105th | Bolivia, Plurinational State of | 159.00 | 5.5% |
| 106th | Iran, Islamic Republic of | 167.52 | 30.0% |
FAQ
What was Norway's real effective exchange rate in 2020?▾
Norway's real effective exchange rate in 2020 was 78.12. This ranked 9th globally.
How did Norway's real effective exchange rate change in 2020?▾
Norway's real effective exchange rate decreased by 27.1% in 2020 compared to 2019.
Which country had the highest real effective exchange rate in 2020?▾
Iran, Islamic Republic of had the highest real effective exchange rate in 2020 at 167.52.
What is the real effective exchange rate of Norway in 2020?▾
The real effective exchange rate of Norway in 2020 was 78.12. This ranked 9th globally.
How does 2020 compare to 2019 for Norway's real effective exchange rate?▾
Norway's real effective exchange rate went from 83.62 in 2019 to 78.12 in 2020, a 27.1% decrease.
Related
2019
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Full ranking 2020
Exchange Rate
Foreign Reserves
Reserves in Months of Imports
Peak: 1977
Lowest: 2024
Real Effective Exchange Rate 1990s
Real Effective Exchange Rate 2000s
Real Effective Exchange Rate 2010s
Real Effective Exchange Rate 2020s
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NATO Real Effective Exchange Rate
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