Real Effective Exchange Rate in Dominican Republic
Dominican Republic: Real Effective Exchange Rate was 87.84 in 2018. ▼ Falling
Real Effective Exchange Rate in Dominican Republic, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2018, real effective exchange rate in Dominican Republic stood at 87.84.
Compared with earlier readings it is down 3.3% on the previous year and down 11.9% over ten years.
Over the whole period, real effective exchange rate in Dominican Republic peaked at 108.25 in 2001 and was at its lowest, 79.92, in 2003.
That places Dominican Republic 89th 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.
Real Effective Exchange Rate in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 103.49 | — |
| 2001 | 108.25 | +4.6% |
| 2002 | 105.65 | -2.4% |
| 2003 | 79.92 | -24.4% |
| 2004 | 79.96 | +0.1% |
| 2005 | 106.86 | +33.6% |
| 2006 | 100.52 | -5.9% |
| 2007 | 100.67 | +0.2% |
| 2008 | 99.77 | -0.9% |
| 2009 | 99.58 | -0.2% |
| 2010 | 100 | +0.4% |
| 2011 | 96.42 | -3.6% |
| 2012 | 96.33 | -0.1% |
| 2013 | 93.55 | -2.9% |
| 2014 | 91.64 | -2.0% |
| 2015 | 94.2 | +2.8% |
| 2016 | 93.77 | -0.5% |
| 2017 | 90.88 | -3.1% |
| 2018 | 87.84 | -3.3% |
Dominican Republic compared with similar countries
- Dominican Republic's 87.84 is below the median for upper middle income countries, which is 101.79, 86% of the median. (32 countries reporting)
- Dominican Republic's 87.84 is below the median for Latin America & Caribbean, which is 104.5, 84% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Real Effective Exchange Rate in Dominican Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +33.6% | 79.96 | 106.86 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 98.47 | 79.92 | 108.25 | 10 |
| 2010s | 93.85 | 87.84 | 100 | 9 |
Countries ranked near Dominican Republic
More reference data data for Dominican Republic
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.7575 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.46 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.79 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0601 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.79 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.54 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.9595 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 7.91 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 13.84 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3273 (2050)
Frequently asked questions
- What is real effective exchange rate in Dominican Republic?
- Real effective exchange rate in Dominican Republic was 87.84 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 Dominican Republic?
- The highest recorded value was 108.25 in 2001.
- What is the lowest real effective exchange rate recorded in Dominican Republic?
- The lowest recorded value was 79.92 in 2003.
- How does Dominican Republic rank for real effective exchange rate?
- Dominican Republic ranks 89th out of 107 countries with data for 2018.
- Is real effective exchange rate rising or falling in Dominican Republic?
- Over the last ten years it is down 11.9%. The long-run trend across the full record is falling.
- Where does this Dominican 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.
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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.