DEC alternative conversion factor > LCU per US$
0.8
131.27
DEFINITION:
The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.
SOURCE:
World Development Indicators database
Official exchange rate > LCU per US$, period average
0.8
131.27
DEFINITION:
Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
SOURCE:
World Development Indicators database
PPP conversion factor to official exchange rate ratio
1.17
0.67
DEFINITION:
Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar). The ratio of the PPP conversion factor to the official exchange rate (also referred to as the national price level) makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States.
SOURCE:
World Development Indicators database
Ranked 9th in 2005. 75% more than Nigeria
Ranked 43rd in 2005.
Real effective exchange rate index
113.3 %
123.81 %
DEFINITION:
Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
SOURCE:
World Development Indicators database
Ranked 25th in 2005.
Ranked 11th in 2005. 9% more than Netherlands
Terms of trade since 1995
101.11
180.31
DEFINITION:
Net barter terms of trade (1995 = 100). Net barter terms of trade are the ratio of the export price index to the corresponding import price index measured relative to the base year 1995.
SOURCE:
The World Bank Group
Ranked 44th.
Ranked 9th. 78% more than Netherlands
COMPARE Dutch Currency TO:
Pick a country
Afghanistan Algeria Azerbaijan Albania Armenia Angola Argentina Australia Austria Botswana Belgium Bangladesh Belize Bosnia and Herzegovina Bolivia Burma Benin Belarus Brazil Bhutan Bulgaria Burundi Canada Cambodia Chad Sri Lanka Congo, Democratic Republic of the China Chile Cameroon Colombia Costa Rica Central African Republic Cuba Denmark Ecuador Egypt Ireland Estonia Eritrea El Salvador Ethiopia Czech Republic Finland Fiji France Gambia, The Gabon Georgia Ghana Germany Greece Guatemala Guinea Guyana Haiti Honduras Croatia Hungary Iceland Indonesia India Iran Israel Italy Cote d'Ivoire Iraq Japan Jamaica Jordan Kenya Kyrgyzstan Korea, North Korea, South Kuwait Kazakhstan Laos Lebanon Latvia Lithuania Liberia Slovakia Lesotho Libya Madagascar Moldova Mongolia Malawi Macedonia, The Former Yugoslav Republic of Mali Morocco Mauritania Oman Mexico Malaysia Mozambique Niger Nigeria Netherlands Norway Nepal Suriname Nicaragua New Zealand Paraguay Peru Pakistan Poland Panama Portugal Papua New Guinea Guinea-Bissau Romania Philippines Russia Rwanda South Africa Senegal Slovenia Sierra Leone Singapore Somalia Spain Sudan Sweden Syria Switzerland United Arab Emirates Trinidad and Tobago Thailand Tajikistan Togo Tunisia Turkey Turkmenistan Tanzania Uganda United Kingdom Ukraine United States Burkina Faso Uruguay Uzbekistan Venezuela Vietnam Namibia Yemen Zambia Zimbabwe Aruba Antigua and Barbuda Andorra American Samoa Bahrain Barbados Bermuda Bahamas, The Solomon Islands Brunei Congo, Republic of the Cayman Islands Comoros Cape Verde Cyprus Djibouti Dominica Dominican Republic Equatorial Guinea Micronesia, Federated States of Faroe Islands French Polynesia Grenada Greenland Guam Kiribati Liechtenstein Luxembourg Mauritius Malta Maldives New Caledonia Vanuatu Netherlands Antilles Palau Qatar Marshall Islands Puerto Rico Saint Kitts and Nevis Seychelles San Marino Saint Lucia Tonga São Tomé and Príncipe East Timor Saint Vincent and the Grenadines Virgin Islands Samoa Swaziland Serbia and Montenegro Saudi Arabia Hong Kong Macau Palestine Taiwan Guadeloupe Martinique Reunion West Bank French Guiana Saint Helena Anguilla Cocos (Keeling) Islands Northern Mariana Islands Cook Islands European Union Falkland Islands (Islas Malvinas) Gibraltar Guernsey Gaza Strip Man, Isle of Jersey Mayotte Montserrat Montenegro Monaco Niue Norfolk Island Nauru Pitcairn Islands Saint Pierre and Miquelon Turks and Caicos Islands Tokelau Tuvalu British Virgin Islands Wallis and Futuna Western Sahara Ashmore and Cartier Islands Akrotiri Antarctica Navassa Island Bassas da India Bouvet Island Coral Sea Islands Jarvis Island Dhekelia Europa Island Baker Island French Southern and Antarctic Lands Glorioso Islands Heard Island and McDonald Islands Howland Island British Indian Ocean Territory Clipperton Island Jan Mayen Johnston Atoll Juan de Nova Island Kingman Reef Christmas Island Palmyra Atoll Midway Islands Southern Ocean Paracel Islands Spratly Islands Saint Martin Svalbard South Georgia and the South Sandwich Islands Saint Barthelemy Tromelin Island Holy See (Vatican City) Wake Island Indian Ocean Arctic Ocean Atlantic Ocean Pacific Ocean Northern Ireland Scotland Yugoslavia Soviet Union Czechoslovakia East Germany England West Germany Wales
COMPARE Nigerian Currency TO:
Pick a country
Afghanistan Algeria Azerbaijan Albania Armenia Angola Argentina Australia Austria Botswana Belgium Bangladesh Belize Bosnia and Herzegovina Bolivia Burma Benin Belarus Brazil Bhutan Bulgaria Burundi Canada Cambodia Chad Sri Lanka Congo, Democratic Republic of the China Chile Cameroon Colombia Costa Rica Central African Republic Cuba Denmark Ecuador Egypt Ireland Estonia Eritrea El Salvador Ethiopia Czech Republic Finland Fiji France Gambia, The Gabon Georgia Ghana Germany Greece Guatemala Guinea Guyana Haiti Honduras Croatia Hungary Iceland Indonesia India Iran Israel Italy Cote d'Ivoire Iraq Japan Jamaica Jordan Kenya Kyrgyzstan Korea, North Korea, South Kuwait Kazakhstan Laos Lebanon Latvia Lithuania Liberia Slovakia Lesotho Libya Madagascar Moldova Mongolia Malawi Macedonia, The Former Yugoslav Republic of Mali Morocco Mauritania Oman Mexico Malaysia Mozambique Niger Nigeria Netherlands Norway Nepal Suriname Nicaragua New Zealand Paraguay Peru Pakistan Poland Panama Portugal Papua New Guinea Guinea-Bissau Romania Philippines Russia Rwanda South Africa Senegal Slovenia Sierra Leone Singapore Somalia Spain Sudan Sweden Syria Switzerland United Arab Emirates Trinidad and Tobago Thailand Tajikistan Togo Tunisia Turkey Turkmenistan Tanzania Uganda United Kingdom Ukraine United States Burkina Faso Uruguay Uzbekistan Venezuela Vietnam Namibia Yemen Zambia Zimbabwe Aruba Antigua and Barbuda Andorra American Samoa Bahrain Barbados Bermuda Bahamas, The Solomon Islands Brunei Congo, Republic of the Cayman Islands Comoros Cape Verde Cyprus Djibouti Dominica Dominican Republic Equatorial Guinea Micronesia, Federated States of Faroe Islands French Polynesia Grenada Greenland Guam Kiribati Liechtenstein Luxembourg Mauritius Malta Maldives New Caledonia Vanuatu Netherlands Antilles Palau Qatar Marshall Islands Puerto Rico Saint Kitts and Nevis Seychelles San Marino Saint Lucia Tonga São Tomé and Príncipe East Timor Saint Vincent and the Grenadines Virgin Islands Samoa Swaziland Serbia and Montenegro Saudi Arabia Hong Kong Macau Palestine Taiwan Guadeloupe Martinique Reunion West Bank French Guiana Saint Helena Anguilla Cocos (Keeling) Islands Northern Mariana Islands Cook Islands European Union Falkland Islands (Islas Malvinas) Gibraltar Guernsey Gaza Strip Man, Isle of Jersey Mayotte Montserrat Montenegro Monaco Niue Norfolk Island Nauru Pitcairn Islands Saint Pierre and Miquelon Turks and Caicos Islands Tokelau Tuvalu British Virgin Islands Wallis and Futuna Western Sahara Ashmore and Cartier Islands Akrotiri Antarctica Navassa Island Bassas da India Bouvet Island Coral Sea Islands Jarvis Island Dhekelia Europa Island Baker Island French Southern and Antarctic Lands Glorioso Islands Heard Island and McDonald Islands Howland Island British Indian Ocean Territory Clipperton Island Jan Mayen Johnston Atoll Juan de Nova Island Kingman Reef Christmas Island Palmyra Atoll Midway Islands Southern Ocean Paracel Islands Spratly Islands Saint Martin Svalbard South Georgia and the South Sandwich Islands Saint Barthelemy Tromelin Island Holy See (Vatican City) Wake Island Indian Ocean Arctic Ocean Atlantic Ocean Pacific Ocean Northern Ireland Scotland Yugoslavia Soviet Union Czechoslovakia East Germany England West Germany Wales
Feeds |
Contact