Real Effective Exchange Rate in Australia
Australia: Real Effective Exchange Rate was 91.43 in 2024. ▲ Rising
Real Effective Exchange Rate in Australia, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
The most recent figure for real effective exchange rate in Australia is 91.43, measured in 2024.
Compared with earlier readings it is up 2.8% on the previous year and down 6.4% over ten years.
Over the whole period, real effective exchange rate in Australia peaked at 108.15 in 2012 and was at its lowest, 66.45, in 2001.
That places Australia 81st out of 107 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Real Effective Exchange Rate in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 74.49 | — |
| 1995 | 72.82 | -2.2% |
| 1996 | 79.19 | +8.7% |
| 1997 | 78.32 | -1.1% |
| 1998 | 72.27 | -7.7% |
| 1999 | 72.46 | +0.3% |
| 2000 | 69.07 | -4.7% |
| 2001 | 66.45 | -3.8% |
| 2002 | 70.18 | +5.6% |
| 2003 | 79.17 | +12.8% |
| 2004 | 85.43 | +7.9% |
| 2005 | 87.92 | +2.9% |
| 2006 | 87.57 | -0.4% |
| 2007 | 92.78 | +5.9% |
| 2008 | 90.5 | -2.5% |
| 2009 | 87.68 | -3.1% |
| 2010 | 99.95 | +14.0% |
| 2011 | 106.72 | +6.8% |
| 2012 | 108.15 | +1.3% |
| 2013 | 102.44 | -5.3% |
| 2014 | 97.67 | -4.7% |
| 2015 | 88.65 | -9.2% |
| 2016 | 89.59 | +1.1% |
| 2017 | 92.63 | +3.4% |
| 2018 | 88.61 | -4.3% |
| 2019 | 84.68 | -4.4% |
| 2020 | 83.72 | -1.1% |
| 2021 | 88.72 | +6.0% |
| 2022 | 88.8 | +0.1% |
| 2023 | 88.93 | +0.1% |
| 2024 | 91.43 | +2.8% |
Australia compared with similar countries
- Australia's 91.43 is below the median for high income countries, which is 101.37, 90% of the median. (50 countries reporting)
- Australia's 91.43 is below the median for East Asia & Pacific, which is 108.54, 84% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 74.92 | 72.27 | 79.19 | 6 |
| 2000s | 81.67 | 66.45 | 92.78 | 10 |
| 2010s | 95.91 | 84.68 | 108.15 | 10 |
| 2020s | 88.32 | 83.72 | 91.43 | 5 |
Countries ranked near Australia
More reference data data for Australia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 28.02 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 38.41 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 38.41 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.07 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 6.14 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 118.71 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 170.29 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 13.9 (2050)
Frequently asked questions
- What is real effective exchange rate in Australia?
- Real effective exchange rate in Australia was 91.43 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 Australia?
- The highest recorded value was 108.15 in 2012.
- What is the lowest real effective exchange rate recorded in Australia?
- The lowest recorded value was 66.45 in 2001.
- How does Australia rank for real effective exchange rate?
- Australia ranks 81st out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Australia?
- Over the last ten years it is down 6.4%. The long-run trend across the full record is rising.
- Where does this Australia 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.