Armenia vs Iraq: Nominal effective exchange rate (NEER), Index (2010=100) Weighted

Armenia
182.1
in 2025
Iraq
211.67
in 2025
Armenia rank
3rd
Iraq rank
1st

Nominal effective exchange rate (NEER), Index (2010=100) Weighted over time

  • Armenia
  • Iraq
0100.0k200.0k300.0k400.0k197920022025

How they compare

Iraq currently reports 211.67 against 182.1 in Armenia, a difference of 29.57.

That makes Iraq's figure about 1.2 times Armenia's.

The two have swapped places 2 times across 32 shared years of data; in 1994 it was Iraq ahead.

Armenia ranks 3rd and Iraq ranks 1st of 99 countries.

Iraq has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Armenia Iraq Difference Ahead
1990s 47.95 328,509 328,461 Iraq
2000s 85.2 157,923 157,838 Iraq
2010s 103.04 131.08 28.04 Iraq
2020s 154.5 180.56 26.06 Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher nominal effective exchange rate (neer), index (2010=100) weighted, Armenia or Iraq?
Iraq, at 211.67 against 182.1 in Armenia as of 2025.
What is the difference in nominal effective exchange rate (neer), index (2010=100) weighted between Armenia and Iraq?
29.57, with Iraq ahead.
How many years of comparable data are there for Armenia and Iraq?
32 years are reported by both, from 1994 to 2025.
How do Armenia and Iraq rank globally for nominal effective exchange rate (neer), index (2010=100) weighted?
Armenia ranks 3rd and Iraq ranks 1st of 99 countries.
Where does this data come from?
International Monetary Fund, published as Nominal effective exchange rate (NEER), Index (2010=100) Weighted index. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Iraq: Nominal effective exchange rate (NEER), Index (2010=100) Weighted. Statizoid, drawing on International Monetary Fund. Retrieved 04 September 2026, from https://economy.statizoid.com/compare/nominal-effective-exchange-rate-neer-index-2010-100-weighted-index/armenia/iraq/

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About this data

Indicator
Nominal effective exchange rate (NEER), Index (2010=100) Weighted index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
100 places, 4,521 data points, 1979–2025
Last refreshed

The Effective Exchange Rate (EER) dataset includes annual, quarterly and monthly nominal and real effective exchange rates by economy. Nominal effective exchange rates (NEERs) measure the value of a country's currency in relation to a weighted average of the currency values of their major trading partners. Real effective exchange rates (REERs) adjust the NEER to account for a country's inflation rate in relation to the weighted inflation rate of their major trading partners. The IMF publishes NEERs and REERs for approximately 90 IMF member countries that account for the vast share of global international trade. These statistics help policymakers and analysts assess the competitiveness of a country's exports, monitor currency trends, evaluate the impact of exchange rate changes on trade flows, and inform decisions regarding monetary policy, exchange rate management, and international trade. The EERs are calculated by IMF staff using exchange rate information, consumer price indexes received from national authorities and international trade weights. These weights are calculated as three-year averages of annual data available from official sources on trade, tourism and manufacturing collected from the United Nations (UN), Organization for Economic Co-operation and Development (OECD), World Bank, World Tourism Organization (UNWTO), United Nations Industrial Development Organization (UNIDO).