Central African Republic vs Nigeria: Real effective exchange rate index
Real effective exchange rate index over time
- Central African Republic
- Nigeria
How they compare
Nigeria currently reports 119.74 line rec, 2005 = 100 against 109.12 line rec, 2005 = 100 in Central African Republic, a difference of 10.62 line rec, 2005 = 100.
That makes Nigeria's figure about 1.1 times Central African Republic's.
The two have swapped places 10 times across 32 shared years of data; in 1980 it was Nigeria ahead.
Central African Republic ranks 7th and Nigeria ranks 4th of 20 countries.
Across the 4 decades both report, Central African Republic averaged higher in 2 and Nigeria in 2.
Head to head by decade
| Decade | Central African Republic | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 185.01 line rec, 2005 = 100 | 338.94 line rec, 2005 = 100 | 153.93 line rec, 2005 = 100 | Nigeria |
| 1990s | 121.55 line rec, 2005 = 100 | 99.99 line rec, 2005 = 100 | 21.56 line rec, 2005 = 100 | Central African Republic |
| 2000s | 102.77 line rec, 2005 = 100 | 97.21 line rec, 2005 = 100 | 5.56 line rec, 2005 = 100 | Central African Republic |
| 2010s | 109.69 line rec, 2005 = 100 | 118.83 line rec, 2005 = 100 | 9.14 line rec, 2005 = 100 | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate index, Central African Republic or Nigeria?
- Nigeria, at 119.74 line rec, 2005 = 100 against 109.12 line rec, 2005 = 100 in Central African Republic as of 2011.
- What is the difference in real effective exchange rate index between Central African Republic and Nigeria?
- 10.62 line rec, 2005 = 100, with Nigeria ahead.
- How many years of comparable data are there for Central African Republic and Nigeria?
- 32 years are reported by both, from 1980 to 2011.
- How do Central African Republic and Nigeria rank globally for real effective exchange rate index?
- Central African Republic ranks 7th and Nigeria ranks 4th of 20 countries.
- Where does this data come from?
- International Monetary Fund, International Financial Statistics, published as Real effective exchange rate index (line rec, 2005 = 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 corresponds to the IFS's line rec, and is based on a nominal rate adjusted for relative changes in consumer prices.