Nominal effective exchange rate (NEER), Index (2010=100) Weighted in South Africa
South Africa: Nominal effective exchange rate (NEER), Index (2010=100) Weighted was 55.23 in 2025. ◆ Volatile
Nominal effective exchange rate (NEER), Index (2010=100) Weighted in South Africa, 1979–2025
Source: International Monetary Fund.
Analysis
The most recent figure for nominal effective exchange rate (neer), index (2010=100) weighted in South Africa is 55.23, measured in 2025.
The figure is up 1.1% on the previous year and down 16.1% over ten years.
Over the whole period, nominal effective exchange rate (neer), index (2010=100) weighted in South Africa peaked at 821.89 in 1980 and was at its lowest, 53.11, in 2023.
That places South Africa 88th out of 99 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Nominal effective exchange rate (NEER), Index (2010=100) Weighted in South Africa, year by year
| Year | Value | Change |
|---|---|---|
| 1979 | 767.79 | — |
| 1980 | 821.89 | +7.0% |
| 1981 | 821.84 | -0.0% |
| 1982 | 726.36 | -11.6% |
| 1983 | 743.33 | +2.3% |
| 1984 | 615.42 | -17.2% |
| 1985 | 418.56 | -32.0% |
| 1986 | 330.27 | -21.1% |
| 1987 | 327.87 | -0.7% |
| 1988 | 282.51 | -13.8% |
| 1989 | 257.62 | -8.8% |
| 1990 | 248.61 | -3.5% |
| 1991 | 241.1 | -3.0% |
| 1992 | 234.64 | -2.7% |
| 1993 | 226.15 | -3.6% |
| 1994 | 214.59 | -5.1% |
| 1995 | 198.63 | -7.4% |
| 1996 | 174.95 | -11.9% |
| 1997 | 173.87 | -0.6% |
| 1998 | 152.6 | -12.2% |
| 1999 | 138.78 | -9.1% |
| 2000 | 130.74 | -5.8% |
| 2001 | 111.7 | -14.6% |
| 2002 | 88.95 | -20.4% |
| 2003 | 111.73 | +25.6% |
| 2004 | 121.91 | +9.1% |
| 2005 | 122.28 | +0.3% |
| 2006 | 114.57 | -6.3% |
| 2007 | 103.77 | -9.4% |
| 2008 | 86.24 | -16.9% |
| 2009 | 88.64 | +2.8% |
| 2010 | 100 | +12.8% |
| 2011 | 97.34 | -2.7% |
| 2012 | 89.13 | -8.4% |
| 2013 | 76.72 | -13.9% |
| 2014 | 69.36 | -9.6% |
| 2015 | 65.79 | -5.1% |
| 2016 | 59.17 | -10.1% |
| 2017 | 65.31 | +10.4% |
| 2018 | 65.35 | +0.1% |
| 2019 | 62.11 | -5.0% |
| 2020 | 55.71 | -10.3% |
| 2021 | 60.07 | +7.8% |
| 2022 | 58.52 | -2.6% |
| 2023 | 53.11 | -9.2% |
| 2024 | 54.65 | +2.9% |
| 2025 | 55.23 | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 767.79 | 767.79 | 767.79 | 1 |
| 1980s | 534.57 | 257.62 | 821.89 | 10 |
| 1990s | 200.39 | 138.78 | 248.61 | 10 |
| 2000s | 108.05 | 86.24 | 130.74 | 10 |
| 2010s | 75.03 | 59.17 | 100 | 10 |
| 2020s | 56.21 | 53.11 | 60.07 | 6 |
Countries ranked near South Africa
- 85 Lesotho 58.24 compare
- 86 Russian Federation 57.02 compare
- 87 Gambia 56.08 compare
- 89 Congo, Democratic Republic of the 52.1 compare
- 90 Pakistan 38.61 compare
- 91 Iran, Islamic Republic of 35.56 compare
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 7,985 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.53 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2409 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,589 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 2.99 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 4.31 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 28,432 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -1.57 % change on previous year (2025)
Frequently asked questions
- What is nominal effective exchange rate (neer), index (2010=100) weighted in South Africa?
- Nominal effective exchange rate (neer), index (2010=100) weighted in South Africa was 55.23 in 2025, according to International Monetary Fund.
- What is the highest nominal effective exchange rate (neer), index (2010=100) weighted recorded in South Africa?
- The highest recorded value was 821.89 in 1980.
- What is the lowest nominal effective exchange rate (neer), index (2010=100) weighted recorded in South Africa?
- The lowest recorded value was 53.11 in 2023.
- How does South Africa rank for nominal effective exchange rate (neer), index (2010=100) weighted?
- South Africa ranks 88th out of 99 countries with data for 2025.
- Is nominal effective exchange rate (neer), index (2010=100) weighted rising or falling in South Africa?
- Over the last ten years it is down 16.1%. The long-run trend across the full record is volatile.
- Where does this South Africa 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).