Nigeria vs Norway: Real effective exchange rate index
Nigeria
73.92 2010 = 100
in 2025
Norway
74.67 2010 = 100
in 2025
Nigeria rank
92nd
Norway rank
91st
Real effective exchange rate index over time
- Nigeria
- Norway
How they compare
Norway currently reports 74.67 2010 = 100 against 73.92 2010 = 100 in Nigeria, a difference of 0.75 2010 = 100.
The two have swapped places 7 times across 46 shared years of data; in 1980 it was Nigeria ahead.
Nigeria ranks 92nd and Norway ranks 91st of 95 countries.
Across the 5 decades both report, Nigeria averaged higher in 4 and Norway in 1.
Head to head by decade
| Decade | Nigeria | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 285.67 2010 = 100 | 99.46 2010 = 100 | 186.2 2010 = 100 | Nigeria |
| 1990s | 128.19 2010 = 100 | 94.48 2010 = 100 | 33.71 2010 = 100 | Nigeria |
| 2000s | 83.6 2010 = 100 | 96.95 2010 = 100 | 13.35 2010 = 100 | Norway |
| 2010s | 112.06 2010 = 100 | 91.54 2010 = 100 | 20.52 2010 = 100 | Nigeria |
| 2020s | 103.94 2010 = 100 | 77.4 2010 = 100 | 26.55 2010 = 100 | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate index, Nigeria or Norway?
- Norway, at 74.67 2010 = 100 against 73.92 2010 = 100 in Nigeria as of 2025.
- What is the difference in real effective exchange rate index between Nigeria and Norway?
- 0.75 2010 = 100, with Norway ahead.
- How many years of comparable data are there for Nigeria and Norway?
- 46 years are reported by both, from 1980 to 2025.
- How do Nigeria and Norway rank globally for real effective exchange rate index?
- Nigeria ranks 92nd and Norway ranks 91st 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.