Australia vs Indonesia: Real Effective Exchange Rate
Australia
91.43
in 2024
Indonesia
91.86
in 2024
Australia rank
81st
Indonesia rank
80th
Real Effective Exchange Rate over time
- Australia
- Indonesia
How they compare
Indonesia currently reports 91.86 against 91.43 in Australia, a difference of 0.43.
The two have swapped places 4 times across 31 shared years of data; in 1994 it was Indonesia ahead.
Australia ranks 81st and Indonesia ranks 80th of 107 countries.
Across the 4 decades both report, Australia averaged higher in 1 and Indonesia in 3.
Head to head by decade
| Decade | Australia | Indonesia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 74.92 | 117.63 | 42.7 | Indonesia |
| 2000s | 81.67 | 98.4 | 16.72 | Indonesia |
| 2010s | 95.91 | 93.62 | 2.29 | Australia |
| 2020s | 88.32 | 91.89 | 3.57 | Indonesia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Australia or Indonesia?
- Indonesia, at 91.86 against 91.43 in Australia as of 2024.
- What is the difference in real effective exchange rate between Australia and Indonesia?
- 0.43, with Indonesia ahead.
- How many years of comparable data are there for Australia and Indonesia?
- 31 years are reported by both, from 1994 to 2024.
- How do Australia and Indonesia rank globally for real effective exchange rate?
- Australia ranks 81st and Indonesia ranks 80th 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.