Real Effective Exchange Rate in Brazil

Brazil: Real Effective Exchange Rate was 61.12 in 2024. ▼ Falling

Latest (2024)
61.12
Change on year
down 2.5%
World rank
104th
of 107 countries
All-time high
105.06
in 1997
All-time low
53.2
in 2021
Years of data
31
1994–2024

Real Effective Exchange Rate in Brazil, 1994–2024

02550751001994200920241994: 88.31995: 97.51996: 102.61997: 105.11998: 103.31999: 69.32000: 74.52001: 63.12002: 58.22003: 56.62004: 59.12005: 72.82006: 81.32007: 87.12008: 89.82009: 88.82010: 1002011: 103.22012: 92.22013: 86.62014: 84.32015: 69.62016: 73.12017: 79.52018: 712019: 69.52020: 55.12021: 53.22022: 59.82023: 62.72024: 61.1

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

Analysis

In 2024, real effective exchange rate in Brazil stood at 61.12.

Compared with earlier readings it is down 2.5% on the previous year and down 27.5% over ten years.

Over the whole period, real effective exchange rate in Brazil peaked at 105.06 in 1997 and was at its lowest, 53.2, in 2021.

Brazil ranks 104th of 107 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 94.34 69.3 105.06 6
2000s 73.13 56.61 89.82 10
2010s 82.9 69.53 103.24 10
2020s 58.39 53.2 62.7 5

Countries ranked near Brazil

  1. 101 Colombia 72.41 compare
  2. 102 South Africa 70.66 compare
  3. 103 Ghana 67 compare
  4. 105 Nigeria 58.47 compare
  5. 106 Japan 54.84 compare
  6. 107 Turkey 51.58 compare

See the full ranking of 117 places →

More reference data data for Brazil

All data for Brazil →

Frequently asked questions

What is real effective exchange rate in Brazil?
Real effective exchange rate in Brazil was 61.12 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 Brazil?
The highest recorded value was 105.06 in 1997.
What is the lowest real effective exchange rate recorded in Brazil?
The lowest recorded value was 53.2 in 2021.
How does Brazil rank for real effective exchange rate?
Brazil ranks 104th out of 107 countries with data for 2024.
Is real effective exchange rate rising or falling in Brazil?
Over the last ten years it is down 27.5%. The long-run trend across the full record is falling.
Where does this Brazil 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.