Real Effective Exchange Rate in Ecuador

Ecuador: Real Effective Exchange Rate was 113.55 in 2024. ▲ Rising

Latest (2024)
113.55
Change on year
down 0.5%
World rank
23rd
of 107 countries
All-time high
121.24
in 2016
All-time low
70.85
in 2000
Years of data
31
1994–2024

Real Effective Exchange Rate in Ecuador, 1994–2024

02550751001251994200920241994: 106.21995: 102.21996: 101.71997: 104.91998: 106.61999: 79.62000: 70.92001: 98.22002: 113.42003: 117.92004: 112.52005: 105.92006: 104.22007: 97.12008: 95.12009: 101.32010: 1002011: 97.12012: 100.32013: 101.42014: 104.92015: 118.12016: 121.22017: 117.62018: 114.42019: 116.72020: 118.22021: 112.62022: 115.62023: 114.12024: 113.6

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 Ecuador is 113.55, measured in 2024.

That represents a change of down 0.5% on the previous year and up 8.3% over ten years.

Over the whole period, real effective exchange rate in Ecuador peaked at 121.24 in 2016 and was at its lowest, 70.85, in 2000.

Ecuador ranks 23rd 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.

Averages by decade

DecadeAverage LowestHighest Years
1990s 100.21 79.61 106.62 6
2000s 101.64 70.85 117.88 10
2010s 109.18 97.11 121.24 10
2020s 114.82 112.55 118.23 5

Countries ranked near Ecuador

  1. 20 Philippines 117.37 compare
  2. 21 Uruguay 116.75 compare
  3. 22 China 114.33 compare
  4. 24 Paraguay 113.52 compare
  5. 25 Fiji 112.7 compare
  6. 26 Romania 110.58 compare

See the full ranking of 117 places →

More reference data data for Ecuador

All data for Ecuador →

Frequently asked questions

What is real effective exchange rate in Ecuador?
Real effective exchange rate in Ecuador was 113.55 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 Ecuador?
The highest recorded value was 121.24 in 2016.
What is the lowest real effective exchange rate recorded in Ecuador?
The lowest recorded value was 70.85 in 2000.
How does Ecuador rank for real effective exchange rate?
Ecuador ranks 23rd out of 107 countries with data for 2024.
Is real effective exchange rate rising or falling in Ecuador?
Over the last ten years it is up 8.3%. The long-run trend across the full record is rising.
Where does this Ecuador 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 — 31 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

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.