Real Effective Exchange Rate in Central African Republic
Central African Republic: Real Effective Exchange Rate was 127.93 in 2018. ▲ Rising
Real Effective Exchange Rate in Central African Republic, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Central African Republic recorded 127.93 for real effective exchange rate in 2018. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 2.9% on the previous year and up 22.6% over ten years.
Over the whole period, real effective exchange rate in Central African Republic peaked at 127.93 in 2018 and was at its lowest, 87.27, in 2000.
Central African Republic ranks 6th of 107 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
Real Effective Exchange Rate in Central African Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 87.27 | — |
| 2001 | 89.15 | +2.2% |
| 2002 | 91.1 | +2.2% |
| 2003 | 97.13 | +6.6% |
| 2004 | 94.18 | -3.0% |
| 2005 | 93.32 | -0.9% |
| 2006 | 96.72 | +3.6% |
| 2007 | 97.72 | +1.0% |
| 2008 | 104.39 | +6.8% |
| 2009 | 106.63 | +2.1% |
| 2010 | 100 | -6.2% |
| 2011 | 98.41 | -1.6% |
| 2012 | 97.46 | -1.0% |
| 2013 | 105.17 | +7.9% |
| 2014 | 119.92 | +14.0% |
| 2015 | 112.95 | -5.8% |
| 2016 | 119.44 | +5.7% |
| 2017 | 124.32 | +4.1% |
| 2018 | 127.93 | +2.9% |
Central African Republic compared with similar countries
- Central African Republic's 127.93 is above the median for low income countries, which is 101.72, 1.3× the median. (7 countries reporting)
- Central African Republic's 127.93 is above the median for Sub-Saharan Africa, which is 96.24, 1.3× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 95.76 | 87.27 | 106.63 | 10 |
| 2010s | 111.73 | 97.46 | 127.93 | 9 |
Countries ranked near Central African Republic
- 3 Iceland 139.92 compare
- 4 Argentina 132.83 compare
- 5 Vietnam 129.99 compare
- 7 United States 127.79 compare
- 8 Solomon Islands 126.54 compare
- 9 Saudi Arabia 126.41 compare
More reference data data for Central African Republic
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1959 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 3.03 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.26 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0271 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.26 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.6569 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.7203 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.38 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 16.95 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1476 (2050)
Frequently asked questions
- What is real effective exchange rate in Central African Republic?
- Real effective exchange rate in Central African Republic was 127.93 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 Central African Republic?
- The highest recorded value was 127.93 in 2018.
- What is the lowest real effective exchange rate recorded in Central African Republic?
- The lowest recorded value was 87.27 in 2000.
- How does Central African Republic rank for real effective exchange rate?
- Central African Republic ranks 6th out of 107 countries with data for 2018.
- Is real effective exchange rate rising or falling in Central African Republic?
- Over the last ten years it is up 22.6%. The long-run trend across the full record is rising.
- Where does this Central African Republic 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 — 19 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.