Nominal effective exchange rate (NEER), Index (2010=100) Weighted in Grenada
Grenada: Nominal effective exchange rate (NEER), Index (2010=100) Weighted was 115.72 in 2025. ▲ Rising
Nominal effective exchange rate (NEER), Index (2010=100) Weighted in Grenada, 1979–2025
Source: International Monetary Fund.
Analysis
Grenada recorded 115.72 for nominal effective exchange rate (neer), index (2010=100) weighted in 2025.
That represents a change of down 0.8% on the previous year and up 7.0% over ten years.
Over the whole period, nominal effective exchange rate (neer), index (2010=100) weighted in Grenada peaked at 116.69 in 2024 and was at its lowest, 47.84, in 1980.
Grenada ranks 41st of 99 countries on this measure, 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 Grenada, year by year
| Year | Value | Change |
|---|---|---|
| 1979 | 49.06 | — |
| 1980 | 47.84 | -2.5% |
| 1981 | 51.66 | +8.0% |
| 1982 | 55.03 | +6.5% |
| 1983 | 58.03 | +5.5% |
| 1984 | 62.26 | +7.3% |
| 1985 | 63.96 | +2.7% |
| 1986 | 61.24 | -4.2% |
| 1987 | 58 | -5.3% |
| 1988 | 56.58 | -2.4% |
| 1989 | 59.62 | +5.4% |
| 1990 | 60.68 | +1.8% |
| 1991 | 65.64 | +8.2% |
| 1992 | 71.17 | +8.4% |
| 1993 | 84.58 | +18.8% |
| 1994 | 96.67 | +14.3% |
| 1995 | 95.66 | -1.0% |
| 1996 | 97.2 | +1.6% |
| 1997 | 99.33 | +2.2% |
| 1998 | 100.53 | +1.2% |
| 1999 | 102.74 | +2.2% |
| 2000 | 105.87 | +3.0% |
| 2001 | 107.88 | +1.9% |
| 2002 | 107.06 | -0.8% |
| 2003 | 103.01 | -3.8% |
| 2004 | 100.18 | -2.8% |
| 2005 | 99.71 | -0.5% |
| 2006 | 100.08 | +0.4% |
| 2007 | 97.39 | -2.7% |
| 2008 | 96.09 | -1.3% |
| 2009 | 100.08 | +4.2% |
| 2010 | 100 | -0.1% |
| 2011 | 98.68 | -1.3% |
| 2012 | 100.64 | +2.0% |
| 2013 | 102.06 | +1.4% |
| 2014 | 102.71 | +0.6% |
| 2015 | 108.1 | +5.2% |
| 2016 | 109.71 | +1.5% |
| 2017 | 109.7 | -0.0% |
| 2018 | 108.83 | -0.8% |
| 2019 | 110.96 | +2.0% |
| 2020 | 111.66 | +0.6% |
| 2021 | 110.05 | -1.4% |
| 2022 | 115.25 | +4.7% |
| 2023 | 115.75 | +0.4% |
| 2024 | 116.69 | +0.8% |
| 2025 | 115.72 | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 49.06 | 49.06 | 49.06 | 1 |
| 1980s | 57.42 | 47.84 | 63.96 | 10 |
| 1990s | 87.42 | 60.68 | 102.74 | 10 |
| 2000s | 101.73 | 96.09 | 107.88 | 10 |
| 2010s | 105.14 | 98.68 | 110.96 | 10 |
| 2020s | 114.19 | 110.05 | 116.69 | 6 |
Countries ranked near Grenada
More economy & growth data for Grenada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.29 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.71 Percent per annum (2029)
- GNI (current LCU), annual growth rate 5.5 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 2.55 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 30,884 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 1.26 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 1.26 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 8.83 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1784 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 2,160 current US$ per person (2025)
Frequently asked questions
- What is nominal effective exchange rate (neer), index (2010=100) weighted in Grenada?
- Nominal effective exchange rate (neer), index (2010=100) weighted in Grenada was 115.72 in 2025, according to International Monetary Fund.
- What is the highest nominal effective exchange rate (neer), index (2010=100) weighted recorded in Grenada?
- The highest recorded value was 116.69 in 2024.
- What is the lowest nominal effective exchange rate (neer), index (2010=100) weighted recorded in Grenada?
- The lowest recorded value was 47.84 in 1980.
- How does Grenada rank for nominal effective exchange rate (neer), index (2010=100) weighted?
- Grenada ranks 41st out of 99 countries with data for 2025.
- Is nominal effective exchange rate (neer), index (2010=100) weighted rising or falling in Grenada?
- Over the last ten years it is up 7.0%. The long-run trend across the full record is rising.
- Where does this Grenada 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.
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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).