Real Effective Exchange Rate in Hungary

Hungary: Real Effective Exchange Rate was 93.19 in 2024. β–² Rising

Latest (2024)
93.19
Change on year
down 1.2%
World rank
79th
of 107 countries
All-time high
105.79
in 2008
All-time low
65.71
in 1995
Years of data
31
1994–2024

Real Effective Exchange Rate in Hungary, 1994–2024

02550751001994200920241994: 68.11995: 65.71996: 66.41997: 69.81998: 70.41999: 71.92000: 71.92001: 78.12002: 86.42003: 89.42004: 95.72005: 96.72006: 91.92007: 102.82008: 105.82009: 99.62010: 1002011: 99.62012: 96.62013: 95.62014: 91.92015: 882016: 88.62017: 90.42018: 89.92019: 88.82020: 85.32021: 85.72022: 81.32023: 94.32024: 93.2

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

Analysis

In 2024, real effective exchange rate in Hungary stood at 93.19.

Compared with earlier readings it is down 1.2% on the previous year and up 1.4% over ten years.

Over the whole period, real effective exchange rate in Hungary peaked at 105.79 in 2008 and was at its lowest, 65.71, in 1995.

Hungary ranks 79th of 107 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 68.72 65.71 71.87 6
2000s 91.83 71.95 105.79 10
2010s 92.94 87.98 100.02 10
2020s 87.94 81.26 94.33 5

Countries ranked near Hungary

  1. 76 Malta 93.85 compare
  2. 77 Denmark 93.82 compare
  3. 78 Algeria 93.28 compare
  4. 80 Indonesia 91.86 compare
  5. 81 Australia 91.43 compare
  6. 82 Iran 91.2 compare

See the full ranking of 117 places β†’

More reference data data for Hungary

All data for Hungary β†’

Frequently asked questions

What is real effective exchange rate in Hungary?
Real effective exchange rate in Hungary was 93.19 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 Hungary?
The highest recorded value was 105.79 in 2008.
What is the lowest real effective exchange rate recorded in Hungary?
The lowest recorded value was 65.71 in 1995.
How does Hungary rank for real effective exchange rate?
Hungary ranks 79th out of 107 countries with data for 2024.
Is real effective exchange rate rising or falling in Hungary?
Over the last ten years it is up 1.4%. The long-run trend across the full record is rising.
Where does this Hungary 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.