Real Effective Exchange Rate in Ireland
Ireland: Real Effective Exchange Rate was 90.76 in 2018. ▬ Flat
Real Effective Exchange Rate in Ireland, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Ireland recorded 90.76 for real effective exchange rate in 2018.
The figure is up 1.0% on the previous year and down 19.8% over ten years.
Over the whole period, real effective exchange rate in Ireland peaked at 113.2 in 2008 and was at its lowest, 82, in 2000.
Ireland ranks 84th of 107 countries on this measure, in the bottom quarter.
Real Effective Exchange Rate in Ireland, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 82 | — |
| 2001 | 84.89 | +3.5% |
| 2002 | 89.65 | +5.6% |
| 2003 | 99.03 | +10.5% |
| 2004 | 101.88 | +2.9% |
| 2005 | 101.54 | -0.3% |
| 2006 | 103.46 | +1.9% |
| 2007 | 109.06 | +5.4% |
| 2008 | 113.2 | +3.8% |
| 2009 | 107.74 | -4.8% |
| 2010 | 100 | -7.2% |
| 2011 | 100.23 | +0.2% |
| 2012 | 95.64 | -4.6% |
| 2013 | 97.41 | +1.8% |
| 2014 | 96.61 | -0.8% |
| 2015 | 88.62 | -8.3% |
| 2016 | 89.55 | +1.0% |
| 2017 | 89.83 | +0.3% |
| 2018 | 90.76 | +1.0% |
Ireland compared with similar countries
- Ireland's 90.76 is below the median for high income countries, which is 101.37, 90% of the median. (50 countries reporting)
- Ireland's 90.76 is below the median for Europe & Central Asia, which is 99.02, 92% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 99.24 | 82 | 113.2 | 10 |
| 2010s | 94.29 | 88.62 | 100.23 | 9 |
Countries ranked near Ireland
More reference data data for Ireland
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.45 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.19 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.37 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0921 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 4.87 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 3.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.6 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 21.02 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.5015 (2050)
Frequently asked questions
- What is real effective exchange rate in Ireland?
- Real effective exchange rate in Ireland was 90.76 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 Ireland?
- The highest recorded value was 113.2 in 2008.
- What is the lowest real effective exchange rate recorded in Ireland?
- The lowest recorded value was 82 in 2000.
- How does Ireland rank for real effective exchange rate?
- Ireland ranks 84th out of 107 countries with data for 2018.
- Is real effective exchange rate rising or falling in Ireland?
- Over the last ten years it is down 19.8%. The long-run trend across the full record is flat.
- Where does this Ireland 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.