Countries by exchange rate per euro, December 2008
Indonesia had the highest exchange rate per euro of 40 countries in December 2008, at 15,276.619 currency units per EUR. Latvia had the lowest, at 0.70837 currency units per EUR. The median was 9.32165 currency units per EUR. Source: the European Central Bank.
Map of countries, December 2008
- Under 100
- 100 and over
- No data
All countries, December 2008
Full ranking
| Rank | Countries | December 2008 | Change on December 2007 |
|---|---|---|---|
| 1 | Indonesia | 15,276.619 | +12.2% |
| 2 | South Korea | 1,850.0562 | +36.4% |
| 3 | Iceland | 290 | +219.3% |
| 4 | Hungary | 265.01905 | +4.7% |
| 5 | Japan | 122.51286 | -25.1% |
| 6 | Algeria | 95.13851 | -2.8% |
| 7 | India | 65.14648 | +13.6% |
| 8 | Philippines | 64.50476 | +6.5% |
| 9 | Thailand | 47.10705 | +6.7% |
| 10 | Taiwan | 44.56667 | -5.6% |
| 11 | Russia | 37.89988 | +5.9% |
| 12 | Slovakia | 30.19576 | -9.6% |
| 13 | Czechia | 26.11976 | -0.7% |
| 14 | Mexico | 18.07641 | +14.3% |
| 15 | Estonia | 15.6466 | 0% |
| 16 | South Africa | 13.42754 | +34.8% |
| 17 | Morocco | 11.17952 | -1.5% |
| 18 | Sweden | 10.75381 | +14% |
| 19 | Hong Kong | 10.424 | -8.3% |
| 20 | Norway | 9.42279 | +17.6% |
| 21 | China | 9.22051 | -14.2% |
| 22 | Denmark | 7.45028 | -0.1% |
| 23 | Croatia | 7.22451 | -1.3% |
| 24 | Israel | 5.20326 | -8.6% |
| 25 | Malaysia | 4.77553 | -1.7% |
| 26 | Argentina | 4.60381 | +0.5% |
| 27 | Poland | 4.00443 | +11.2% |
| 28 | Romania | 3.92269 | +11% |
| 29 | Lithuania | 3.4528 | 0% |
| 30 | Brazil | 3.22661 | +23.9% |
| 31 | New Zealand | 2.41191 | +27.4% |
| 32 | Türkiye | 2.08936 | +21.5% |
| 33 | Australia | 2.01046 | +20.4% |
| 34 | Singapore | 1.98883 | -5.8% |
| 35 | Bulgaria | 1.9558 | 0% |
| 36 | Canada | 1.66 | +13.5% |
| 37 | Switzerland | 1.53934 | -7.2% |
| 38 | United States | 1.34494 | -7.7% |
| 39 | United Kingdom | 0.90448 | +25.5% |
| 40 | Latvia | 0.70837 | +1.6% |
Other periods
About this ranking
Units of the currency issued by the place that buy 1 euro: the monthly average of the euro foreign exchange reference rates the European Central Bank sets each working day. The United States carries US dollars per euro, Japan yen per euro.
A higher value means a weaker currency against the euro. Rates belong to the country that issues the currency; currencies shared by several countries are not included, and the euro area has no rate of its own here (see exchange_rate_per_usd for euros per US dollar). Rates of currencies replaced by the euro stop in the month before the country adopted it. The reference rates are set at 14:15 CET for information only and are not the rates of any transaction.
Every value in the ranking comes from the same publisher and the same period, so the countries are compared on one definition. 4 countries with data in other periods have no value for December 2008 and are left out rather than filled from another source. Equal values share a rank.
How to cite
European Central Bank. ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A). https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata. Retrieved 2026-10-22.Citation styles
APA 7
European Central Bank. (n.d.). ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A) (Countries by exchange rate per euro, 2008-12) [Data set]. Retrieved October 22, 2026, from https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata
MLA 9
ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A), Countries by exchange rate per euro, 2008-12. European Central Bank, https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata. Invokely, https://invokely.ai/rankings/exchange-rate-per-euro/countries. Accessed 22 Oct. 2026.
Chicago (author-date)
European Central Bank. n.d. ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A). Countries by exchange rate per euro, 2008-12. Dataset. Accessed October 22, 2026. https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata. Also distributed by Invokely, https://invokely.ai/rankings/exchange-rate-per-euro/countries.
Harvard
European Central Bank (no date) ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A), Countries by exchange rate per euro, 2008-12 [Dataset]. Available at: https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata, via Invokely: https://invokely.ai/rankings/exchange-rate-per-euro/countries (Accessed: 22 October 2026).
BibTeX
@misc{european_countries_by_exchange_rate_2026,
author = {{European Central Bank}},
title = {{ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A): Countries by exchange rate per euro, 2008-12}},
howpublished = {Data set},
url = {https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata},
urldate = {2026-10-22},
note = {Accessed via Invokely, https://invokely.ai/rankings/exchange-rate-per-euro/countries. Publisher attribution: European Central Bank. ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A). https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata. Retrieved 2026-10-22.},
}
RIS
TY - DATA
AU - European Central Bank
TI - ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A): Countries by exchange rate per euro, 2008-12
PB - European Central Bank
DB - Invokely
UR - https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata
L2 - https://invokely.ai/rankings/exchange-rate-per-euro/countries
Y2 - 2026/10/22
N1 - Accessed via Invokely, https://invokely.ai/rankings/exchange-rate-per-euro/countries.
N1 - Publisher attribution: European Central Bank. ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A). https://data-api.ecb.europa.eu/service/data/EXR/M.IDR.EUR.SP00.A?format=csvdata. Retrieved 2026-10-22.
ER -
Use this data in your AI agent
Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:
Rank Countries by exchange rate per euro using official data, and cite the source.
rank_places {"indicator":"exchange_rate_per_eur","level":"country","limit":10}
GET https://invokely.ai/api/v1/rank?indicator=exchange_rate_per_eur&level=country&limit=10Questions
Which country has the highest exchange rate per euro?
Indonesia, with 15,276.619 currency units per EUR in December 2008, according to the European Central Bank.
Which country has the lowest exchange rate per euro?
Latvia, with 0.70837 currency units per EUR in December 2008.
Where does this ranking come from?
Every value comes from one source and one period, so the places are comparable: European Central Bank, ECB euro foreign exchange reference rates: monthly average, units of each currency per euro (EXR.M.<currency>.EUR.SP00.A). Retrieved 2026-10-22. 4 countries have no value for December 2008 and are not ranked.