Real Effective Exchange Rate in Armenia
Armenia: Real Effective Exchange Rate was 100.48 in 2018. ▲ Rising
Real Effective Exchange Rate in Armenia, 2000–2018
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.
Real Effective Exchange Rate in Armenia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 74.01 | — |
| 2001 | 73.04 | -1.3% |
| 2002 | 73.67 | +0.9% |
| 2003 | 67.94 | -7.8% |
| 2004 | 71.64 | +5.4% |
| 2005 | 80.13 | +11.9% |
| 2006 | 86.97 | +8.5% |
| 2007 | 99.48 | +14.4% |
| 2008 | 107.81 | +8.4% |
| 2009 | 99.34 | -7.9% |
| 2010 | 100 | +0.7% |
| 2011 | 99.13 | -0.9% |
| 2012 | 94.35 | -4.8% |
| 2013 | 96.02 | +1.8% |
| 2014 | 100.11 | +4.3% |
| 2015 | 103.12 | +3.0% |
| 2016 | 102.5 | -0.6% |
| 2017 | 100.19 | -2.2% |
| 2018 | 100.48 | +0.3% |
Armenia compared with similar countries
- Armenia's 100.48 is below the median for upper middle income countries, which is 101.79, 99% of the median. (32 countries reporting)
- Armenia's 100.48 is above the median for Europe & Central Asia, which is 99.02, 1.0× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 83.4 | 67.94 | 107.81 | 10 |
| 2010s | 99.54 | 94.35 | 103.12 | 9 |
Countries ranked near Armenia
More reference data data for Armenia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0385 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3778 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.7338 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0232 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.7338 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.129 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1012 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 2.01 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 3.57 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1265 (2050)
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.
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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.