Mexico vs Peru: Real Effective Exchange Rate

Mexico
104.98
in 2024
Peru
104.5
in 2024
Mexico rank
37th
Peru rank
40th

Real Effective Exchange Rate over time

  • Mexico
  • Peru
050100150199420092024

How they compare

Mexico currently reports 104.98 against 104.5 in Peru, a difference of 0.48.

The two have swapped places 6 times across 31 shared years of data; in 1994 it was Mexico ahead.

Mexico ranks 37th and Peru ranks 40th of 107 countries.

Across the 4 decades both report, Mexico averaged higher in 1 and Peru in 3.

Head to head by decade

Decade Mexico Peru Difference Ahead
1990s 96.07 103.97 7.9 Peru
2000s 111.97 97.04 14.93 Mexico
2010s 91.42 101.79 10.37 Peru
2020s 90.99 99.4 8.41 Peru

Averages of every year both report within each decade.

Frequently asked questions

Which has higher real effective exchange rate, Mexico or Peru?
Mexico, at 104.98 against 104.5 in Peru as of 2024.
What is the difference in real effective exchange rate between Mexico and Peru?
0.48, with Mexico ahead.
How many years of comparable data are there for Mexico and Peru?
31 years are reported by both, from 1994 to 2024.
How do Mexico and Peru rank globally for real effective exchange rate?
Mexico ranks 37th and Peru ranks 40th 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.