Inflation (%) and exchange rate to the US dollars (US$) for selected countries and years:
YEARS | ||||||||||
2000
|
2001
|
2002
|
2003
|
2004 |
||||||
Inflation rate (Annual percent change) |
Exchange rate** |
Inflation rate (Annual percent change) |
Exchange rate |
Inflation rate (Annual percent change) |
Exchange rate |
Inflation rate (Annual percent change) |
Exchange rate |
Inflation rate (Annual percent change) |
Exchange rate |
|
Country | ||||||||||
Ghana | 25.2 |
5 530.6 |
32.9 |
7 344.7 |
14.8 |
8 223.3 |
26.7 |
8 644.4 |
10.8 |
8 905.6 |
CFA* | 2.9 |
714 |
4.0 |
730.3 |
2.7 |
696 |
-1.6 |
580.8 |
0.4 |
535.3 |
Nigeria | 6.9 |
105.1 |
18.0 |
116.95 |
13.7 |
126.4 |
14.4 |
133 |
15.8 |
134.4 |
Sources:
The currency site: http://www.oanda.com/convert/fxhistory for the exchange rates.
The MFI Web Site: http://www.inf.org/external/pubs/ft/weo/2004/02/data/index.htm for the inflation rate.
* CFA is the common currency of Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Congo, Equatorial Guinea, Guinea Bissau, Cote d'Ivoire, Mali, Niger, Senegal and Togo.
** The exchange rate is expressed in the country's currency, value of one US dollar. The exchange rate provided is the average of the daily exchange rates of the given year. The currencies are: Ghanaian Cedi, Nigerian Naira and Franc CFA BCAO for Niger.