Argentina vs Venezuela: Real Effective Exchange Rate

Argentina
132.83
in 2024
Venezuela
15,577
in 2022
Argentina rank
4th
Venezuela rank
1st

Real Effective Exchange Rate over time

  • Argentina
  • Venezuela
05.0k10.0k15.0k199420092024

How they compare

Venezuela currently reports 15,577 against 132.83 in Argentina, a difference of 15,444.

That makes Venezuela's figure about 117.3 times Argentina's.

The two have swapped places 3 times across 29 shared years of data; in 1994 it was Argentina ahead.

Argentina ranks 4th and Venezuela ranks 1st of 107 countries.

Across the 4 decades both report, Argentina averaged higher in 2 and Venezuela in 2.

Head to head by decade

Decade Argentina Venezuela Difference Ahead
1990s 164.63 87.88 76.75 Argentina
2000s 105.11 69.58 35.53 Argentina
2010s 122.78 1,382 1,259 Venezuela
2020s 116.92 11,830 11,713 Venezuela

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate, Argentina or Venezuela?
Venezuela, at 15,577 against 132.83 in Argentina as of 2022.
What is the difference in real effective exchange rate between Argentina and Venezuela?
15,444, with Venezuela ahead.
How many years of comparable data are there for Argentina and Venezuela?
29 years are reported by both, from 1994 to 2022.
How do Argentina and Venezuela rank globally for real effective exchange rate?
Argentina ranks 4th and Venezuela ranks 1st 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

Indicator
Real Effective Exchange Rate
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
117 places, 2,839 data points, 1994–2024
Last refreshed

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.