Nigeria vs South Africa: Real effective exchange rate index
Nigeria
73.92 2010 = 100
in 2025
South Africa
73.68 2010 = 100
in 2025
Nigeria rank
92nd
South Africa rank
93rd
Real effective exchange rate index over time
- Nigeria
- South Africa
How they compare
Nigeria currently reports 73.92 2010 = 100 against 73.68 2010 = 100 in South Africa, a difference of 0.24 2010 = 100.
The two have swapped places 10 times across 46 shared years of data; in 1980 it was Nigeria ahead.
Nigeria ranks 92nd and South Africa ranks 93rd of 95 countries.
Across the 5 decades both report, Nigeria averaged higher in 4 and South Africa in 1.
Head to head by decade
| Decade | Nigeria | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 285.67 2010 = 100 | 144.62 2010 = 100 | 141.04 2010 = 100 | Nigeria |
| 1990s | 128.19 2010 = 100 | 120.91 2010 = 100 | 7.28 2010 = 100 | Nigeria |
| 2000s | 83.6 2010 = 100 | 92.83 2010 = 100 | 9.23 2010 = 100 | South Africa |
| 2010s | 112.06 2010 = 100 | 83.45 2010 = 100 | 28.62 2010 = 100 | Nigeria |
| 2020s | 103.94 2010 = 100 | 73.38 2010 = 100 | 30.56 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 South Africa?
- Nigeria, at 73.92 2010 = 100 against 73.68 2010 = 100 in South Africa as of 2025.
- What is the difference in real effective exchange rate index between Nigeria and South Africa?
- 0.24 2010 = 100, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and South Africa?
- 46 years are reported by both, from 1980 to 2025.
- How do Nigeria and South Africa rank globally for real effective exchange rate index?
- Nigeria ranks 92nd and South Africa ranks 93rd 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.