Real Effective Exchange Rate in Grenada

Grenada: Real Effective Exchange Rate was 95.43 in 2018. ▼ Falling

Latest (2018)
95.43
Change on year
down 2.4%
World rank
74th
of 107 countries
All-time high
112.48
in 2001
All-time low
93.63
in 2014
Years of data
19
2000–2018

Real Effective Exchange Rate in Grenada, 2000–2018

02550751002000200920182000: 111.92001: 112.52002: 110.62003: 106.12004: 102.32005: 101.22006: 101.42007: 98.72008: 992009: 100.62010: 1002011: 97.12012: 97.72013: 96.52014: 93.62015: 972016: 99.22017: 97.82018: 95.4

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 Grenada is 95.43, measured in 2018.

That represents a change of down 2.4% on the previous year and down 3.6% over ten years.

Over the whole period, real effective exchange rate in Grenada peaked at 112.48 in 2001 and was at its lowest, 93.63, in 2014.

That places Grenada 74th out of 107 countries with data for 2018, putting it in the middle of the range.

The long-run direction has been consistently falling across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 104.42 98.7 112.48 10
2010s 97.14 93.63 100 9

Countries ranked near Grenada

  1. 71 Italy 96.8 compare
  2. 72 Togo 96.24 compare
  3. 73 Nicaragua 95.57 compare
  4. 75 France 95.39 compare
  5. 76 Malta 93.85 compare
  6. 77 Denmark 93.82 compare

See the full ranking of 117 places →

More reference data data for Grenada

All data for Grenada →

Frequently asked questions

What is real effective exchange rate in Grenada?
Real effective exchange rate in Grenada was 95.43 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 Grenada?
The highest recorded value was 112.48 in 2001.
What is the lowest real effective exchange rate recorded in Grenada?
The lowest recorded value was 93.63 in 2014.
How does Grenada rank for real effective exchange rate?
Grenada ranks 74th out of 107 countries with data for 2018.
Is real effective exchange rate rising or falling in Grenada?
Over the last ten years it is down 3.6%. The long-run trend across the full record is falling.
Where does this Grenada 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 — 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.