Algeria vs Denmark: Real Effective Exchange Rate
Algeria
93.28
in 2018
Denmark
93.82
in 2024
Algeria rank
78th
Denmark rank
77th
Real Effective Exchange Rate over time
- Algeria
- Denmark
How they compare
Denmark currently reports 93.82 against 93.28 in Algeria, a difference of 0.54.
The two have swapped places 5 times across 19 shared years of data; in 2000 it was Algeria ahead.
Algeria ranks 78th and Denmark ranks 77th of 107 countries.
Algeria has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Algeria | Denmark | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 106.9 | 99.82 | 7.07 | Algeria |
| 2010s | 98.98 | 97 | 1.98 | Algeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Algeria or Denmark?
- Denmark, at 93.82 against 93.28 in Algeria as of 2024.
- What is the difference in real effective exchange rate between Algeria and Denmark?
- 0.54, with Denmark ahead.
- How many years of comparable data are there for Algeria and Denmark?
- 19 years are reported by both, from 2000 to 2018.
- How do Algeria and Denmark rank globally for real effective exchange rate?
- Algeria ranks 78th and Denmark ranks 77th of 107 countries.
- Where does this data come from?
- World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as Real Effective Exchange Rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.