Latvia vs New Zealand: Real Effective Exchange Rate
Latvia
102.84
in 2018
New Zealand
102.87
in 2018
Latvia rank
47th
New Zealand rank
46th
Real Effective Exchange Rate over time
- Latvia
- New Zealand
How they compare
New Zealand currently reports 102.87 against 102.84 in Latvia, a difference of 0.03.
The two have swapped places 3 times across 19 shared years of data; in 2000 it was Latvia ahead.
Latvia ranks 47th and New Zealand ranks 46th of 107 countries.
New Zealand has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 91.84 | 92.68 | 0.8343 | New Zealand |
| 2010s | 99.97 | 106.2 | 6.23 | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher real effective exchange rate, Latvia or New Zealand?
- New Zealand, at 102.87 against 102.84 in Latvia as of 2018.
- What is the difference in real effective exchange rate between Latvia and New Zealand?
- 0.03, with New Zealand ahead.
- How many years of comparable data are there for Latvia and New Zealand?
- 19 years are reported by both, from 2000 to 2018.
- How do Latvia and New Zealand rank globally for real effective exchange rate?
- Latvia ranks 47th and New Zealand ranks 46th 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.