Real Effective Exchange Rate in Egypt

Egypt: Real Effective Exchange Rate was 74.06 in 2024. β–¬ Flat

Latest (2024)
74.06
Change on year
down 12.3%
World rank
99th
of 107 countries
All-time high
117.81
in 2000
All-time low
64.88
in 2004
Years of data
31
1994–2024

Real Effective Exchange Rate in Egypt, 1994–2024

02550751001251994200920241994: 82.91995: 85.41996: 91.21997: 1011998: 107.81999: 112.92000: 117.82001: 1072002: 922003: 67.52004: 64.92005: 69.52006: 72.42007: 73.52008: 82.32009: 94.62010: 1002011: 972012: 102.82013: 972014: 104.22015: 117.22016: 109.22017: 732018: 812019: 95.62020: 105.42021: 106.42022: 104.32023: 84.42024: 74.1

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

Analysis

Egypt recorded 74.06 for real effective exchange rate in 2024.

The figure is down 12.3% on the previous year and down 28.9% over ten years.

Over the whole period, real effective exchange rate in Egypt peaked at 117.81 in 2000 and was at its lowest, 64.88, in 2004.

Egypt ranks 99th of 107 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 96.88 82.92 112.91 6
2000s 84.15 64.88 117.81 10
2010s 97.72 73.02 117.2 10
2020s 94.93 74.06 106.43 5

Countries ranked near Egypt

  1. 96 Ukraine 79.53 compare
  2. 97 Tunisia 78.7 compare
  3. 98 Malawi 76.76 compare
  4. 100 Norway 73.9 compare
  5. 101 Colombia 72.41 compare
  6. 102 South Africa 70.66 compare

See the full ranking of 117 places β†’

More reference data data for Egypt

All data for Egypt β†’

Frequently asked questions

What is real effective exchange rate in Egypt?
Real effective exchange rate in Egypt was 74.06 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 Egypt?
The highest recorded value was 117.81 in 2000.
What is the lowest real effective exchange rate recorded in Egypt?
The lowest recorded value was 64.88 in 2004.
How does Egypt rank for real effective exchange rate?
Egypt ranks 99th out of 107 countries with data for 2024.
Is real effective exchange rate rising or falling in Egypt?
Over the last ten years it is down 28.9%. The long-run trend across the full record is flat.
Where does this Egypt 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.