Real Effective Exchange Rate in Argentina

Argentina: Real Effective Exchange Rate was 132.83 in 2024. ▼ Falling

Latest (2024)
132.83
Change on year
down 0.0%
World rank
4th
of 107 countries
All-time high
189.45
in 2001
All-time low
79.66
in 2006
Years of data
31
1994–2024

Real Effective Exchange Rate in Argentina, 1994–2024

0501001502001994200920241994: 168.11995: 1581996: 154.91997: 159.51998: 1661999: 181.32000: 1802001: 189.52002: 81.72003: 872004: 83.52005: 81.62006: 79.72007: 82.72008: 92.22009: 93.42010: 99.92011: 1062012: 122.92013: 127.42014: 1202015: 152.82016: 1342017: 143.32018: 117.12019: 104.32020: 106.82021: 111.22022: 132.82023: 132.92024: 132.8

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 1 Venezuela 15,577 compare
  2. 2 Bolivia 143.26 compare
  3. 3 Iceland 139.92 compare
  4. 5 Vietnam 129.99 compare
  5. 6 Central African Republic 127.93 compare
  6. 7 United States 127.79 compare

See the full ranking of 117 places →

More reference data data for Argentina

All data for Argentina →

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.

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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.