Denmark vs Hungary: Real Effective Exchange Rate
Denmark
93.82
in 2024
Hungary
93.19
in 2024
Denmark rank
77th
Hungary rank
79th
Real Effective Exchange Rate over time
- Denmark
- Hungary
How they compare
Denmark currently reports 93.82 against 93.19 in Hungary, a difference of 0.63.
The two have swapped places 4 times across 31 shared years of data; in 1994 it was Denmark ahead.
Denmark ranks 77th and Hungary ranks 79th of 107 countries.
Denmark has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Denmark | Hungary | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 97.59 | 68.72 | 28.87 | Denmark |
| 2000s | 99.82 | 91.83 | 7.99 | Denmark |
| 2010s | 96.84 | 92.94 | 3.9 | Denmark |
| 2020s | 94.85 | 87.94 | 6.91 | Denmark |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Denmark or Hungary?
- Denmark, at 93.82 against 93.19 in Hungary as of 2024.
- What is the difference in real effective exchange rate between Denmark and Hungary?
- 0.63, with Denmark ahead.
- How many years of comparable data are there for Denmark and Hungary?
- 31 years are reported by both, from 1994 to 2024.
- How do Denmark and Hungary rank globally for real effective exchange rate?
- Denmark ranks 77th 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
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.