Real Effective Exchange Rate in India
India: Real Effective Exchange Rate was 110.2 in 2024. ▲ Rising
Real Effective Exchange Rate in India, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2024, real effective exchange rate in India stood at 110.2. That is the highest value across all 31 years on record.
That represents a change of up 2.4% on the previous year and up 14.7% over ten years.
Over the whole period, real effective exchange rate in India peaked at 110.2 in 2024 and was at its lowest, 72.79, in 1996.
That places India 28th out of 107 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 77.22 | 72.79 | 82.28 | 6 |
| 2000s | 84.82 | 81.72 | 90.23 | 10 |
| 2010s | 101.7 | 94.4 | 109.96 | 10 |
| 2020s | 108.2 | 107.04 | 110.2 | 5 |
Countries ranked near India
More reference data data for India
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 20.88 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 68.88 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 246.78 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 15.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 246.78 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 70.02 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 19.71 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 309.05 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1,063 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 85.03 (2050)
Frequently asked questions
- What is real effective exchange rate in India?
- Real effective exchange rate in India was 110.2 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 India?
- The highest recorded value was 110.2 in 2024.
- What is the lowest real effective exchange rate recorded in India?
- The lowest recorded value was 72.79 in 1996.
- How does India rank for real effective exchange rate?
- India ranks 28th out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in India?
- Over the last ten years it is up 14.7%. The long-run trend across the full record is rising.
- Where does this India 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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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.