Iceland vs South Asia: Real Effective Exchange Rate
Iceland
139.92
in 2018
South Asia
110.2
in 2024
Iceland rank
3rd
South Asia rank
2nd
Real Effective Exchange Rate over time
- Iceland
- South Asia
How they compare
Iceland currently reports 139.92 against 110.2 in South Asia, a difference of 29.72.
That makes Iceland's figure about 1.3 times South Asia's.
Across all 19 years both countries report, Iceland has been ahead every year.
Iceland ranks 3rd and South Asia ranks 2nd of 107 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | South Asia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 133.44 | 84.82 | 48.63 | Iceland |
| 2010s | 115.77 | 101.12 | 14.65 | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Iceland or South Asia?
- Iceland, at 139.92 against 110.2 in South Asia as of 2018.
- What is the difference in real effective exchange rate between Iceland and South Asia?
- 29.72, with Iceland ahead.
- How many years of comparable data are there for Iceland and South Asia?
- 19 years are reported by both, from 2000 to 2018.
- How do Iceland and South Asia rank globally for real effective exchange rate?
- Iceland ranks 3rd and South Asia ranks 2nd 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.