Real Effective Exchange Rate in Europe & Central Asia (excluding high income)
Europe & Central Asia (excluding high income): Real Effective Exchange Rate was 55.14 in 2024. ▼ Falling
Real Effective Exchange Rate in Europe & Central Asia (excluding high income), 1995–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2024, real effective exchange rate in Europe & Central Asia (excluding high income) stood at 55.14.
Compared with earlier readings it is up 10.6% on the previous year and down 35.2% over ten years.
Over the whole period, real effective exchange rate in Europe & Central Asia (excluding high income) peaked at 100.39 in 2008 and was at its lowest, 48.27, in 2022.
The long-run direction has been consistently falling across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 67.86 | 61.2 | 77.2 | 5 |
| 2000s | 88.01 | 74.88 | 100.39 | 10 |
| 2010s | 83.25 | 65.77 | 100.01 | 10 |
| 2020s | 53.13 | 48.27 | 59.28 | 5 |
Countries ranked near Europe & Central Asia (excluding high income)
- 7 United States 127.79 compare
- 8 Solomon Islands 126.54 compare
- 9 Saudi Arabia 126.41 compare
- 10 Trinidad and Tobago 126.31 compare
- 11 Hong Kong (China) 123.86 compare
- 12 Moldova 122.36 compare
- 13 Singapore 121.9 compare
More reference data data for Europe & Central Asia (excluding high income)
- Exchange rate, new LCU per USD extended backward, period average 2,129 (2026)
- CPI Price, nominal 1,612 (2026)
- CPI Price, nominal, seas. adj. 1,548 (2026)
- School life expectancy, primary, both sexes 4.07 years (2019)
- School age population, one year before than official primary entry age 5.92 million number (2019)
- School age population, one year before than official primary entry age 2.88 million number (2019)
- School age population, one year before than official primary entry age 3.04 million number (2019)
- School life expectancy, primary, male 4.09 years (2019)
- School life expectancy, primary, female 4.06 years (2019)
- Share of all students in secondary education enrolled in general progr 81.6% (2019)
All data for Europe & Central Asia (excluding high income) →
Frequently asked questions
- What is real effective exchange rate in Europe & Central Asia (excluding high income)?
- Real effective exchange rate in Europe & Central Asia (excluding high income) was 55.14 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 Europe & Central Asia (excluding high income)?
- The highest recorded value was 100.39 in 2008.
- What is the lowest real effective exchange rate recorded in Europe & Central Asia (excluding high income)?
- The lowest recorded value was 48.27 in 2022.
- How does Europe & Central Asia (excluding high income) rank for real effective exchange rate?
- Europe & Central Asia (excluding high income) ranks 10th out of 10 groups with data for 2024.
- Is real effective exchange rate rising or falling in Europe & Central Asia (excluding high income)?
- Over the last ten years it is down 35.2%. The long-run trend across the full record is falling.
- Where does this Europe & Central Asia (excluding high income) 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
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.