Canada vs Nigeria: Real effective exchange rate index
Canada
78.24 2010 = 100
in 2025
Nigeria
73.92 2010 = 100
in 2025
Canada rank
90th
Nigeria rank
92nd
Real effective exchange rate index over time
- Canada
- Nigeria
How they compare
Canada currently reports 78.24 2010 = 100 against 73.92 2010 = 100 in Nigeria, a difference of 4.32 2010 = 100.
That makes Canada's figure about 1.1 times Nigeria's.
The two have swapped places 9 times across 46 shared years of data; in 1980 it was Nigeria ahead.
Canada ranks 90th and Nigeria ranks 92nd of 95 countries.
Across the 5 decades both report, Canada averaged higher in 1 and Nigeria in 4.
Head to head by decade
| Decade | Canada | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 99.58 2010 = 100 | 285.67 2010 = 100 | 186.08 2010 = 100 | Nigeria |
| 1990s | 87.71 2010 = 100 | 128.19 2010 = 100 | 40.48 2010 = 100 | Nigeria |
| 2000s | 85.94 2010 = 100 | 83.6 2010 = 100 | 2.34 2010 = 100 | Canada |
| 2010s | 90.35 2010 = 100 | 112.06 2010 = 100 | 21.71 2010 = 100 | Nigeria |
| 2020s | 81.53 2010 = 100 | 103.94 2010 = 100 | 22.41 2010 = 100 | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate index, Canada or Nigeria?
- Canada, at 78.24 2010 = 100 against 73.92 2010 = 100 in Nigeria as of 2025.
- What is the difference in real effective exchange rate index between Canada and Nigeria?
- 4.32 2010 = 100, with Canada ahead.
- How many years of comparable data are there for Canada and Nigeria?
- 46 years are reported by both, from 1980 to 2025.
- How do Canada and Nigeria rank globally for real effective exchange rate index?
- Canada ranks 90th and Nigeria ranks 92nd of 95 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Real effective exchange rate index (2010 = 100). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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. This indicator is an index series where 2010=100.