Canada vs Russia: Real Effective Exchange Rate

Canada
82.31
in 2024
Russia
80.63
in 2024
Canada rank
92nd
Russia rank
94th

Real Effective Exchange Rate over time

  • Canada
  • Russia
0255075100199420092024

How they compare

Canada currently reports 82.31 against 80.63 in Russia, a difference of 1.68.

The two have swapped places 8 times across 29 shared years of data; in 1996 it was Canada ahead.

Canada ranks 92nd and Russia ranks 94th of 107 countries.

Across the 4 decades both report, Canada averaged higher in 2 and Russia in 2.

Head to head by decade

Decade Canada Russia Difference Ahead
1990s 78.98 71.52 7.45 Canada
2000s 87.19 78.41 8.77 Canada
2010s 90.47 93.39 2.92 Russia
2020s 83.43 84.29 0.8563 Russia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate, Canada or Russia?
Canada, at 82.31 against 80.63 in Russia as of 2024.
What is the difference in real effective exchange rate between Canada and Russia?
1.68, with Canada ahead.
How many years of comparable data are there for Canada and Russia?
29 years are reported by both, from 1996 to 2024.
How do Canada and Russia rank globally for real effective exchange rate?
Canada ranks 92nd and Russia ranks 94th 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.