Nominal effective exchange rate (NEER), Index (2010=100) Weighted in Cyprus
Cyprus: Nominal effective exchange rate (NEER), Index (2010=100) Weighted was 117.45 in 2025. ▲ Rising
Nominal effective exchange rate (NEER), Index (2010=100) Weighted in Cyprus, 1979–2025
Source: International Monetary Fund.
Analysis
Cyprus recorded 117.45 for nominal effective exchange rate (neer), index (2010=100) weighted in 2025. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 2.1% on the previous year and up 16.8% over ten years.
Over the whole period, nominal effective exchange rate (neer), index (2010=100) weighted in Cyprus peaked at 117.45 in 2025 and was at its lowest, 62.24, in 1979.
That places Cyprus 36th out of 99 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Nominal effective exchange rate (NEER), Index (2010=100) Weighted in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1979 | 62.24 | — |
| 1980 | 63.8 | +2.5% |
| 1981 | 63.15 | -1.0% |
| 1982 | 64.22 | +1.7% |
| 1983 | 65.19 | +1.5% |
| 1984 | 66.77 | +2.4% |
| 1985 | 69.58 | +4.2% |
| 1986 | 69.65 | +0.1% |
| 1987 | 67.78 | -2.7% |
| 1988 | 68.9 | +1.7% |
| 1989 | 71.43 | +3.7% |
| 1990 | 74.37 | +4.1% |
| 1991 | 75.94 | +2.1% |
| 1992 | 78.17 | +2.9% |
| 1993 | 78.73 | +0.7% |
| 1994 | 81.51 | +3.5% |
| 1995 | 84.63 | +3.8% |
| 1996 | 85.78 | +1.4% |
| 1997 | 85.06 | -0.8% |
| 1998 | 89.78 | +5.5% |
| 1999 | 90.28 | +0.6% |
| 2000 | 87.13 | -3.5% |
| 2001 | 89.3 | +2.5% |
| 2002 | 92.2 | +3.2% |
| 2003 | 97.27 | +5.5% |
| 2004 | 99.08 | +1.9% |
| 2005 | 98.69 | -0.4% |
| 2006 | 98.65 | -0.0% |
| 2007 | 98.62 | -0.0% |
| 2008 | 101.48 | +2.9% |
| 2009 | 103.9 | +2.4% |
| 2010 | 100 | -3.8% |
| 2011 | 101.21 | +1.2% |
| 2012 | 99.6 | -1.6% |
| 2013 | 103.02 | +3.4% |
| 2014 | 105.97 | +2.9% |
| 2015 | 100.6 | -5.1% |
| 2016 | 103.1 | +2.5% |
| 2017 | 104.83 | +1.7% |
| 2018 | 107.77 | +2.8% |
| 2019 | 107.15 | -0.6% |
| 2020 | 109.86 | +2.5% |
| 2021 | 110.51 | +0.6% |
| 2022 | 108.59 | -1.7% |
| 2023 | 112.97 | +4.0% |
| 2024 | 115.04 | +1.8% |
| 2025 | 117.45 | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 62.24 | 62.24 | 62.24 | 1 |
| 1980s | 67.05 | 63.15 | 71.43 | 10 |
| 1990s | 82.42 | 74.37 | 90.28 | 10 |
| 2000s | 96.63 | 87.13 | 103.9 | 10 |
| 2010s | 103.32 | 99.6 | 107.77 | 10 |
| 2020s | 112.4 | 108.59 | 117.45 | 6 |
Countries ranked near Cyprus
More economy & growth data for Cyprus
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- GDP (constant 2015 US$), annual growth rate 3.77 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8024 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 24,132 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3.77 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.7437 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 22,368 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 12.23 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2491 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is nominal effective exchange rate (neer), index (2010=100) weighted in Cyprus?
- Nominal effective exchange rate (neer), index (2010=100) weighted in Cyprus was 117.45 in 2025, according to International Monetary Fund.
- What is the highest nominal effective exchange rate (neer), index (2010=100) weighted recorded in Cyprus?
- The highest recorded value was 117.45 in 2025.
- What is the lowest nominal effective exchange rate (neer), index (2010=100) weighted recorded in Cyprus?
- The lowest recorded value was 62.24 in 1979.
- How does Cyprus rank for nominal effective exchange rate (neer), index (2010=100) weighted?
- Cyprus ranks 36th out of 99 countries with data for 2025.
- Is nominal effective exchange rate (neer), index (2010=100) weighted rising or falling in Cyprus?
- Over the last ten years it is up 16.8%. The long-run trend across the full record is rising.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Nominal effective exchange rate (NEER), Index (2010=100) Weighted index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
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).