Real Effective Exchange Rate in Gambia

Gambia: Real Effective Exchange Rate was 89.11 in 2018. β–Ό Falling

Latest (2018)
89.11
Change on year
down 1.4%
World rank
87th
of 107 countries
All-time high
183.29
in 2000
All-time low
73.36
in 2015
Years of data
19
2000–2018

Real Effective Exchange Rate in Gambia, 2000–2018

0501001502002000200920182000: 183.32001: 158.52002: 131.42003: 95.22004: 93.82005: 99.72006: 99.22007: 107.62008: 113.82009: 102.82010: 1002011: 92.52012: 892013: 81.62014: 73.82015: 73.42016: 88.92017: 90.42018: 89.1

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

Analysis

In 2018, real effective exchange rate in Gambia stood at 89.11.

Compared with earlier readings it is down 1.4% on the previous year and down 21.7% over ten years.

Over the whole period, real effective exchange rate in Gambia peaked at 183.29 in 2000 and was at its lowest, 73.36, in 2015.

That places Gambia 87th 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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 118.53 93.81 183.29 10
2010s 86.53 73.36 100 9

Countries ranked near Gambia

  1. 84 Ireland 90.76 compare
  2. 85 Cyprus 90.07 compare
  3. 86 Uganda 90.05 compare
  4. 88 Zambia 88.44 compare
  5. 89 Dominican Republic 87.84 compare
  6. 90 Sweden 84.01 compare

See the full ranking of 117 places β†’

More reference data data for Gambia

All data for Gambia β†’

Frequently asked questions

What is real effective exchange rate in Gambia?
Real effective exchange rate in Gambia was 89.11 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 Gambia?
The highest recorded value was 183.29 in 2000.
What is the lowest real effective exchange rate recorded in Gambia?
The lowest recorded value was 73.36 in 2015.
How does Gambia rank for real effective exchange rate?
Gambia ranks 87th out of 107 countries with data for 2018.
Is real effective exchange rate rising or falling in Gambia?
Over the last ten years it is down 21.7%. The long-run trend across the full record is falling.
Where does this Gambia 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 Β· JSON β€” 19 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.