Denmark vs Grenada: Real Effective Exchange Rate
Denmark
93.82
in 2024
Grenada
95.43
in 2018
Denmark rank
77th
Grenada rank
74th
Real Effective Exchange Rate over time
- Denmark
- Grenada
How they compare
Grenada currently reports 95.43 against 93.82 in Denmark, a difference of 1.61.
The two have swapped places 5 times across 19 shared years of data; in 2000 it was Grenada ahead.
Denmark ranks 77th and Grenada ranks 74th of 107 countries.
Grenada has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Denmark | Grenada | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 99.82 | 104.42 | 4.6 | Grenada |
| 2010s | 97 | 97.14 | 0.1333 | Grenada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Denmark or Grenada?
- Grenada, at 95.43 against 93.82 in Denmark as of 2018.
- What is the difference in real effective exchange rate between Denmark and Grenada?
- 1.61, with Grenada ahead.
- How many years of comparable data are there for Denmark and Grenada?
- 19 years are reported by both, from 2000 to 2018.
- How do Denmark and Grenada rank globally for real effective exchange rate?
- Denmark ranks 77th and Grenada ranks 74th 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.