Ecuador vs Paraguay: Real Effective Exchange Rate

Ecuador
113.55
in 2024
Paraguay
113.52
in 2018
Ecuador rank
23rd
Paraguay rank
24th

Real Effective Exchange Rate over time

  • Ecuador
  • Paraguay
0255075100125199420092024

How they compare

Ecuador currently reports 113.55 against 113.52 in Paraguay, a difference of 0.03.

The two have swapped places 5 times across 19 shared years of data; in 2000 it was Paraguay ahead.

Ecuador ranks 23rd and Paraguay ranks 24th of 107 countries.

Across the 2 decades both report, Ecuador averaged higher in 1 and Paraguay in 1.

Head to head by decade

Decade Ecuador Paraguay Difference Ahead
2000s 101.64 91.17 10.47 Ecuador
2010s 108.34 111.6 3.26 Paraguay

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate, Ecuador or Paraguay?
Ecuador, at 113.55 against 113.52 in Paraguay as of 2024.
What is the difference in real effective exchange rate between Ecuador and Paraguay?
0.03, with Ecuador ahead.
How many years of comparable data are there for Ecuador and Paraguay?
19 years are reported by both, from 2000 to 2018.
How do Ecuador and Paraguay rank globally for real effective exchange rate?
Ecuador ranks 23rd and Paraguay ranks 24th 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.