Australia vs Hungary: Real Effective Exchange Rate

Australia
91.43
in 2024
Hungary
93.19
in 2024
Australia rank
81st
Hungary rank
79th

Real Effective Exchange Rate over time

  • Australia
  • Hungary
0255075100199420092024

How they compare

Hungary currently reports 93.19 against 91.43 in Australia, a difference of 1.76.

The two have swapped places 5 times across 31 shared years of data; in 1994 it was Australia ahead.

Australia ranks 81st and Hungary ranks 79th of 107 countries.

Across the 4 decades both report, Australia averaged higher in 3 and Hungary in 1.

Head to head by decade

Decade Australia Hungary Difference Ahead
1990s 74.92 68.72 6.2 Australia
2000s 81.67 91.83 10.16 Hungary
2010s 95.91 92.94 2.97 Australia
2020s 88.32 87.94 0.3786 Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate, Australia or Hungary?
Hungary, at 93.19 against 91.43 in Australia as of 2024.
What is the difference in real effective exchange rate between Australia and Hungary?
1.76, with Hungary ahead.
How many years of comparable data are there for Australia and Hungary?
31 years are reported by both, from 1994 to 2024.
How do Australia and Hungary rank globally for real effective exchange rate?
Australia ranks 81st and Hungary ranks 79th 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.