Real Effective Exchange Rate in Denmark

Denmark: Real Effective Exchange Rate was 93.82 in 2024. β–¬ Flat

Latest (2024)
93.82
Change on year
down 0.8%
World rank
77th
of 107 countries
All-time high
104.72
in 2009
All-time low
93.81
in 2000
Years of data
31
1994–2024

Real Effective Exchange Rate in Denmark, 1994–2024

02550751001994200920241994: 96.21995: 100.61996: 98.31997: 95.21998: 97.51999: 97.72000: 93.82001: 95.12002: 96.92003: 101.62004: 102.22005: 100.92006: 100.32007: 100.82008: 1022009: 104.72010: 1002011: 99.22012: 96.42013: 97.12014: 97.92015: 94.22016: 95.52017: 962018: 96.82019: 95.32020: 96.32021: 95.52022: 942023: 94.62024: 93.8

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 Denmark is 93.82, measured in 2024.

That represents a change of down 0.8% on the previous year and down 4.2% over ten years.

Over the whole period, real effective exchange rate in Denmark peaked at 104.72 in 2009 and was at its lowest, 93.81, in 2000.

That places Denmark 77th out of 107 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 97.59 95.21 100.58 6
2000s 99.82 93.81 104.72 10
2010s 96.84 94.22 100.03 10
2020s 94.85 93.82 96.29 5

Countries ranked near Denmark

  1. 74 Grenada 95.43 compare
  2. 75 France 95.39 compare
  3. 76 Malta 93.85 compare
  4. 78 Algeria 93.28 compare
  5. 79 Hungary 93.19 compare
  6. 80 Indonesia 91.86 compare

See the full ranking of 117 places β†’

More reference data data for Denmark

All data for Denmark β†’

Frequently asked questions

What is real effective exchange rate in Denmark?
Real effective exchange rate in Denmark was 93.82 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 Denmark?
The highest recorded value was 104.72 in 2009.
What is the lowest real effective exchange rate recorded in Denmark?
The lowest recorded value was 93.81 in 2000.
How does Denmark rank for real effective exchange rate?
Denmark ranks 77th out of 107 countries with data for 2024.
Is real effective exchange rate rising or falling in Denmark?
Over the last ten years it is down 4.2%. The long-run trend across the full record is flat.
Where does this Denmark 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.