What is real effective exchange rate in Cyprus?

Real effective exchange rate in Cyprus was 90.07 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 Cyprus?

The highest recorded value was 104.66 in 2009.

What is the lowest real effective exchange rate recorded in Cyprus?

The lowest recorded value was 88.8 in 2015.

How does Cyprus rank for real effective exchange rate?

Cyprus ranks 85th out of 107 countries with data for 2018.

Is real effective exchange rate rising or falling in Cyprus?

Over the last ten years it is down 13.2%. The long-run trend across the full record is falling.

Where does this Cyprus 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.

Real Effective Exchange Rate in Cyprus

Name: Real Effective Exchange Rate in Cyprus
Creator: World Bank staff calculations based on Datastream and IMF International Finance Statistics data
License: CC BY 4.0 (World Bank Open Data)

Cyprus: Real Effective Exchange Rate was 90.07 in 2018. ▼ Falling

Latest (2018)

90.07

Change on year

up 1.4%

World rank

85th

of 107 countries

All-time high

104.66

in 2009

All-time low

88.8

in 2015

Years of data

2000–2018

Real Effective Exchange Rate in Cyprus, 2000–2018

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

Analysis

In 2018, real effective exchange rate in Cyprus stood at 90.07.

Compared with earlier readings it is up 1.4% on the previous year and down 13.2% over ten years.

Over the whole period, real effective exchange rate in Cyprus peaked at 104.66 in 2009 and was at its lowest, 88.8, in 2015.

That places Cyprus 85th out of 107 countries with data for 2018, putting it in the bottom quarter.

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

Averages by decade

Decade	Average	Lowest	Highest	Years
2000s	99.6	91.15	104.66	10
2010s	93.92	88.8	100.06	9

Countries ranked near Cyprus

82 Iran 91.2 compare
83 Greece 90.81 compare
84 Ireland 90.76 compare
86 Uganda 90.05 compare
87 Gambia 89.11 compare
88 Zambia 88.44 compare

See the full ranking of 117 places →

More reference data data for Cyprus

Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.043 (2050)
Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.0752 (2050)
Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.1565 (2050)
Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0045 (2050)
Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.1565 (2050)
Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1441 (2050)
Emission Totals - Emissions (N2O) - Manure Management 0.1715 (2050)
Emission Totals - Emissions (N2O) - Manure left on Pasture 0.3058 (2050)
Emission Totals - Emissions (N2O) - IPCC Agriculture 0.7841 (2050)
Emission Totals - Emissions (N2O) - Crop Residues 0.0245 (2050)

All data for Cyprus →

Frequently asked questions

What is real effective exchange rate in Cyprus?: Real effective exchange rate in Cyprus was 90.07 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 Cyprus?: The highest recorded value was 104.66 in 2009.
What is the lowest real effective exchange rate recorded in Cyprus?: The lowest recorded value was 88.8 in 2015.
How does Cyprus rank for real effective exchange rate?: Cyprus ranks 85th out of 107 countries with data for 2018.
Is real effective exchange rate rising or falling in Cyprus?: Over the last ten years it is down 13.2%. The long-run trend across the full record is falling.
Where does this Cyprus 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

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: 10 August 2026

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.