Real Effective Exchange Rate in Czechia
Czechia: Real Effective Exchange Rate was 119.59 in 2024. ▲ Rising
Real Effective Exchange Rate in Czechia, 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 Czechia is 119.59, measured in 2024.
Compared with earlier readings it is down 3.9% on the previous year and up 32.3% over ten years.
Over the whole period, real effective exchange rate in Czechia peaked at 124.44 in 2023 and was at its lowest, 52.63, in 1994.
Czechia ranks 16th of 107 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Real Effective Exchange Rate in Czechia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 52.63 | — |
| 1995 | 55.83 | +6.1% |
| 1996 | 59.09 | +5.8% |
| 1997 | 59.92 | +1.4% |
| 1998 | 66.05 | +10.2% |
| 1999 | 64.66 | -2.1% |
| 2000 | 65.7 | +1.6% |
| 2001 | 70.13 | +6.7% |
| 2002 | 78.4 | +11.8% |
| 2003 | 77.77 | -0.8% |
| 2004 | 79.14 | +1.8% |
| 2005 | 83.4 | +5.4% |
| 2006 | 87.84 | +5.3% |
| 2007 | 90.89 | +3.5% |
| 2008 | 104.43 | +14.9% |
| 2009 | 100.07 | -4.2% |
| 2010 | 100.01 | -0.1% |
| 2011 | 101.66 | +1.6% |
| 2012 | 97.54 | -4.1% |
| 2013 | 95.67 | -1.9% |
| 2014 | 90.39 | -5.5% |
| 2015 | 87.56 | -3.1% |
| 2016 | 89.88 | +2.7% |
| 2017 | 93.83 | +4.4% |
| 2018 | 98.13 | +4.6% |
| 2019 | 98.39 | +0.3% |
| 2020 | 98.93 | +0.6% |
| 2021 | 103.55 | +4.7% |
| 2022 | 113.41 | +9.5% |
| 2023 | 124.44 | +9.7% |
| 2024 | 119.59 | -3.9% |
Czechia compared with similar countries
- Czechia's 119.59 is above the median for high income countries, which is 101.37, 1.2× the median. (50 countries reporting)
- Czechia's 119.59 is above the median for Europe & Central Asia, which is 99.02, 1.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 59.7 | 52.63 | 66.05 | 6 |
| 2000s | 83.78 | 65.7 | 104.43 | 10 |
| 2010s | 95.3 | 87.56 | 101.66 | 10 |
| 2020s | 111.98 | 98.93 | 124.44 | 5 |
Countries ranked near Czechia
More reference data data for Czechia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.5039 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.1071 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.08 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3319 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.08 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.69 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.11 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 0.5681 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 9.83 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.81 (2050)
Frequently asked questions
- What is real effective exchange rate in Czechia?
- Real effective exchange rate in Czechia was 119.59 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 Czechia?
- The highest recorded value was 124.44 in 2023.
- What is the lowest real effective exchange rate recorded in Czechia?
- The lowest recorded value was 52.63 in 1994.
- How does Czechia rank for real effective exchange rate?
- Czechia ranks 16th out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Czechia?
- Over the last ten years it is up 32.3%. The long-run trend across the full record is rising.
- Where does this Czechia 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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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.