Armenia vs Belgium: Real Effective Exchange Rate
Armenia
100.48
in 2018
Belgium
101.49
in 2018
Armenia rank
56th
Belgium rank
53rd
Real Effective Exchange Rate over time
- Armenia
- Belgium
How they compare
Belgium currently reports 101.49 against 100.48 in Armenia, a difference of 1.01.
The two have swapped places 4 times across 19 shared years of data; in 2000 it was Belgium ahead.
Armenia ranks 56th and Belgium ranks 53rd of 107 countries.
Across the 2 decades both report, Armenia averaged higher in 1 and Belgium in 1.
Head to head by decade
| Decade | Armenia | Belgium | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 83.4 | 99.42 | 16.02 | Belgium |
| 2010s | 99.54 | 99.17 | 0.3797 | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Armenia or Belgium?
- Belgium, at 101.49 against 100.48 in Armenia as of 2018.
- What is the difference in real effective exchange rate between Armenia and Belgium?
- 1.01, with Belgium ahead.
- How many years of comparable data are there for Armenia and Belgium?
- 19 years are reported by both, from 2000 to 2018.
- How do Armenia and Belgium rank globally for real effective exchange rate?
- Armenia ranks 56th and Belgium ranks 53rd 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.