Abstract
As of June 2024, the nominal effective exchange rate (NEER) of 105 reflects a strong global currency position, typically indicating a period of broad currency appreciation relative to a basket of trading partners. Historically, such highs in NEER have been linked to global economic stability, low inflation, and favorable trade balances for leading economies. Past trends show that when NEER rises, it often correlates with strengthening currencies in major economies like the U.S. dollar or euro, which can impact global trade competitiveness and inflation dynamics.
Nominal effective exchange rate
Nicaragua’s nominal effective exchange rate (NEER) reached an extraordinary 48.8 trillion in October 1987, a historic peak linked to hyperinflation and severe economic instability during that period. Since then, the NEER has drastically decreased, with the current rate at 155% of the 1987 peak, reflecting significant currency devaluation and economic reforms. Over the decades, Nicaragua’s exchange rate trends have been marked by efforts to stabilize the economy through currency controls, adjustments to inflation, and global economic shifts, showcasing the challenges faced by emerging markets in maintaining currency stability.
The maximum is 48.8TRate[1987年10月] of Nicaragua, and the current value is about 155p%
Nominal effective exchange rates (worldwide)
Nicaragua’s nominal effective exchange rate (NEER) peaked at 48.8 trillion in October 1987 during a period of hyperinflation and economic crisis. Since then, the country has experienced significant devaluation, with the current rate standing at 155% of that peak, reflecting long-term instability. This trend highlights Nicaragua’s challenges in stabilizing its currency amid inflationary pressures and external economic factors. Over the years, efforts to reform the economy, manage inflation, and negotiate international support have shaped the country’s currency performance, reflecting broader trends in emerging market economies.
The maximum is 48.8TRate[1987年10月] of Nicaragua, and the current value is about 155p%
Nominal effective exchange rates (by income, latest year)
As of July 2023, nominal effective exchange rates (NEER) in high-income countries reached a peak of 112, reflecting robust currency strength. The average NEER stood at 87.5, indicating a diverse range of exchange rate performances among these economies. The total NEER of 350 suggests that global currency dynamics are shaped by both developed and emerging markets. High-income countries tend to maintain stronger currencies, supported by stable economic fundamentals, while fluctuations in the broader total reflect varying economic conditions, trade balances, and inflationary pressures across regions.今のところ、この会話は役に立ちましたか？
The maximum is the latest one, 105Rate of World
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