Real Effective Exchange Rate in Argentina
Argentina: Real Effective Exchange Rate was 132.83 in 2024. ▼ Falling
Real Effective Exchange Rate in Argentina, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Argentina recorded 132.83 for real effective exchange rate in 2024.
The figure is up 10.7% over ten years.
Over the whole period, real effective exchange rate in Argentina peaked at 189.45 in 2001 and was at its lowest, 79.66, in 2006.
Argentina ranks 4th of 107 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 31 years of available data.
Real Effective Exchange Rate in Argentina, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 168.1 | — |
| 1995 | 158.01 | -6.0% |
| 1996 | 154.9 | -2.0% |
| 1997 | 159.47 | +3.0% |
| 1998 | 165.99 | +4.1% |
| 1999 | 181.31 | +9.2% |
| 2000 | 180.01 | -0.7% |
| 2001 | 189.45 | +5.2% |
| 2002 | 81.69 | -56.9% |
| 2003 | 87 | +6.5% |
| 2004 | 83.5 | -4.0% |
| 2005 | 81.56 | -2.3% |
| 2006 | 79.66 | -2.3% |
| 2007 | 82.68 | +3.8% |
| 2008 | 92.18 | +11.5% |
| 2009 | 93.38 | +1.3% |
| 2010 | 99.95 | +7.0% |
| 2011 | 106 | +6.1% |
| 2012 | 122.9 | +15.9% |
| 2013 | 127.35 | +3.6% |
| 2014 | 119.99 | -5.8% |
| 2015 | 152.81 | +27.4% |
| 2016 | 133.97 | -12.3% |
| 2017 | 143.34 | +7.0% |
| 2018 | 117.14 | -18.3% |
| 2019 | 104.35 | -10.9% |
| 2020 | 106.79 | +2.3% |
| 2021 | 111.2 | +4.1% |
| 2022 | 132.75 | +19.4% |
| 2023 | 132.85 | +0.1% |
| 2024 | 132.83 | -0.0% |
Argentina compared with similar countries
- Argentina's 132.83 is above the median for upper middle income countries, which is 101.79, 1.3× the median. (32 countries reporting)
- Argentina's 132.83 is above the median for Latin America & Caribbean, which is 104.5, 1.3× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Real Effective Exchange Rate in Argentina changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | -56.9% | 189.45 | 81.69 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 164.63 | 154.9 | 181.31 | 6 |
| 2000s | 105.11 | 79.66 | 189.45 | 10 |
| 2010s | 122.78 | 99.95 | 152.81 | 10 |
| 2020s | 123.29 | 106.79 | 132.85 | 5 |
Countries ranked near Argentina
More reference data data for Argentina
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.56 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 20.99 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 37.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 5.76 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 37.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.24 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.69 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 111.77 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 187.7 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 31.35 (2050)
Frequently asked questions
- What is real effective exchange rate in Argentina?
- Real effective exchange rate in Argentina was 132.83 in 2024, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest real effective exchange rate recorded in Argentina?
- The highest recorded value was 189.45 in 2001.
- What is the lowest real effective exchange rate recorded in Argentina?
- The lowest recorded value was 79.66 in 2006.
- How does Argentina rank for real effective exchange rate?
- Argentina ranks 4th out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Argentina?
- Over the last ten years it is up 10.7%. The long-run trend across the full record is falling.
- Where does this Argentina data come from?
- The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Real Effective Exchange Rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.