Armenia vs South Korea: Real Effective Exchange Rate
Armenia
100.48
in 2018
South Korea
101.24
in 2024
Armenia rank
56th
South Korea rank
54th
Real Effective Exchange Rate over time
- Armenia
- South Korea
How they compare
South Korea currently reports 101.24 against 100.48 in Armenia, a difference of 0.76.
The two have swapped places 2 times across 19 shared years of data; in 2000 it was South Korea ahead.
Armenia ranks 56th and South Korea ranks 54th of 107 countries.
South Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Armenia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 83.4 | 111.98 | 28.58 | South Korea |
| 2010s | 99.54 | 106.18 | 6.64 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Armenia or South Korea?
- South Korea, at 101.24 against 100.48 in Armenia as of 2024.
- What is the difference in real effective exchange rate between Armenia and South Korea?
- 0.76, with South Korea ahead.
- How many years of comparable data are there for Armenia and South Korea?
- 19 years are reported by both, from 2000 to 2018.
- How do Armenia and South Korea rank globally for real effective exchange rate?
- Armenia ranks 56th and South Korea ranks 54th 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.