{"entity":{"iso2":"XJ","iso3":"LAC","name":"Latin America & Caribbean (excluding high income)","slug":"latin-america-and-caribbean-excluding-high-income"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"real-effective-exchange-rate","source":"World Bank staff calculations based on Datastream and IMF International Finance Statistics data","source_url":"https://data.worldbank.org/indicator/REER","title":"Real Effective Exchange Rate","unit":null},"observations":[{"date":"1995-01-01","value":100.283},{"date":"1996-01-01","value":105.009},{"date":"1997-01-01","value":110.958},{"date":"1998-01-01","value":111.136},{"date":"1999-01-01","value":99.096},{"date":"2000-01-01","value":103.297},{"date":"2001-01-01","value":102.531},{"date":"2002-01-01","value":85.4674},{"date":"2003-01-01","value":80.5935},{"date":"2004-01-01","value":80.0284},{"date":"2005-01-01","value":87.4473},{"date":"2006-01-01","value":90.6233},{"date":"2007-01-01","value":93.407},{"date":"2008-01-01","value":95.5157},{"date":"2009-01-01","value":91.7112},{"date":"2010-01-01","value":99.9657},{"date":"2011-01-01","value":101.819},{"date":"2012-01-01","value":99.25},{"date":"2013-01-01","value":98.6741},{"date":"2014-01-01","value":96.1481},{"date":"2015-01-01","value":91.0852},{"date":"2016-01-01","value":86.6081},{"date":"2017-01-01","value":91.4255},{"date":"2018-01-01","value":83.8413},{"date":"2019-01-01","value":81.9791},{"date":"2020-01-01","value":73.4914},{"date":"2021-01-01","value":73.7766},{"date":"2022-01-01","value":81.7236},{"date":"2023-01-01","value":87.738},{"date":"2024-01-01","value":88.2269}],"summary":{"latest_period":"2024-01-01","latest_value":88.2269,"max":111.136,"mean":92.4286,"min":73.4914,"of":10,"rank":8,"trend":"falling"}}