Argentina vs Iceland: Real Effective Exchange Rate
Argentina
132.83
in 2024
Iceland
139.92
in 2018
Argentina rank
4th
Iceland rank
3rd
Real Effective Exchange Rate over time
- Argentina
- Iceland
How they compare
Iceland currently reports 139.92 against 132.83 in Argentina, a difference of 7.09.
That makes Iceland's figure about 1.1 times Argentina's.
The two have swapped places 3 times across 19 shared years of data; in 2000 it was Argentina ahead.
Argentina ranks 4th and Iceland ranks 3rd of 107 countries.
Across the 2 decades both report, Argentina averaged higher in 1 and Iceland in 1.
Head to head by decade
| Decade | Argentina | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 105.11 | 133.44 | 28.33 | Iceland |
| 2010s | 124.83 | 115.77 | 9.06 | Argentina |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Argentina or Iceland?
- Iceland, at 139.92 against 132.83 in Argentina as of 2018.
- What is the difference in real effective exchange rate between Argentina and Iceland?
- 7.09, with Iceland ahead.
- How many years of comparable data are there for Argentina and Iceland?
- 19 years are reported by both, from 2000 to 2018.
- How do Argentina and Iceland rank globally for real effective exchange rate?
- Argentina ranks 4th and Iceland ranks 3rd 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.