Real Effective Exchange Rate in Armenia

Armenia: Real Effective Exchange Rate was 100.48 in 2018. β–² Rising

Latest (2018)
100.48
Change on year
up 0.3%
World rank
56th
of 107 countries
All-time high
107.81
in 2008
All-time low
67.94
in 2003
Years of data
19
2000–2018

Real Effective Exchange Rate in Armenia, 2000–2018

02550751002000200920182000: 742001: 732002: 73.72003: 67.92004: 71.62005: 80.12006: 872007: 99.52008: 107.82009: 99.32010: 1002011: 99.12012: 94.42013: 962014: 100.12015: 103.12016: 102.52017: 100.22018: 100.5

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

In 2018, real effective exchange rate in Armenia stood at 100.48.

Compared with earlier readings it is up 0.3% on the previous year and down 6.8% over ten years.

Over the whole period, real effective exchange rate in Armenia peaked at 107.81 in 2008 and was at its lowest, 67.94, in 2003.

Armenia ranks 56th of 107 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 83.4 67.94 107.81 10
2010s 99.54 94.35 103.12 9

Countries ranked near Armenia

  1. 53 Belgium 101.49 compare
  2. 54 South Korea 101.24 compare
  3. 55 Bahamas 100.5 compare
  4. 57 Luxembourg 100.33 compare
  5. 58 Belize 99.9 compare
  6. 59 Slovakia 99.9 compare

See the full ranking of 117 places β†’

More reference data data for Armenia

All data for Armenia β†’

Frequently asked questions

What is real effective exchange rate in Armenia?
Real effective exchange rate in Armenia was 100.48 in 2018, 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 Armenia?
The highest recorded value was 107.81 in 2008.
What is the lowest real effective exchange rate recorded in Armenia?
The lowest recorded value was 67.94 in 2003.
How does Armenia rank for real effective exchange rate?
Armenia ranks 56th out of 107 countries with data for 2018.
Is real effective exchange rate rising or falling in Armenia?
Over the last ten years it is down 6.8%. The long-run trend across the full record is rising.
Where does this Armenia 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 Β· JSON β€” 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.