Real Effective Exchange Rate in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Real Effective Exchange Rate was 88.23 in 2024. ▼ Falling
Real Effective Exchange Rate in Latin America & Caribbean (excluding high income), 1995–2024
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 Latin America & Caribbean (excluding high income) is 88.23, measured in 2024.
The figure is up 0.6% on the previous year and down 8.2% over ten years.
Over the whole period, real effective exchange rate in Latin America & Caribbean (excluding high income) peaked at 111.14 in 1998 and was at its lowest, 73.49, in 2020.
The long-run direction has been consistently falling across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 105.3 | 99.1 | 111.14 | 5 |
| 2000s | 91.06 | 80.03 | 103.3 | 10 |
| 2010s | 93.08 | 81.98 | 101.82 | 10 |
| 2020s | 80.99 | 73.49 | 88.23 | 5 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 5 Viet Nam 129.99 compare
- 6 Central African Republic 127.93 compare
- 7 United States 127.79 compare
- 8 Solomon Islands 126.54 compare
- 9 Saudi Arabia 126.41 compare
- 10 Trinidad and Tobago 126.31 compare
- 11 Hong Kong (China) 123.86 compare
More reference data data for Latin America & Caribbean (excluding high income)
- Exchange rate, new LCU per USD extended backward, period average 466.52 (2026)
- CPI Price, nominal 227.47 (2026)
- CPI Price, nominal, seas. adj. 223.29 (2026)
- School age population, one year before than official primary entry age 5.10 million number (2019)
- School life expectancy, primary, both sexes 6.17 years (2019)
- School age population, one year before than official primary entry age 4.89 million number (2019)
- School age population, one year before than official primary entry age 9.99 million number (2019)
- School life expectancy, primary, female 6.12 years (2019)
- School life expectancy, primary, male 6.21 years (2019)
- Share of all students in secondary education enrolled in general progr 87.4% (2019)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is real effective exchange rate in Latin America & Caribbean (excluding high income)?
- Real effective exchange rate in Latin America & Caribbean (excluding high income) was 88.23 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 Latin America & Caribbean (excluding high income)?
- The highest recorded value was 111.14 in 1998.
- What is the lowest real effective exchange rate recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 73.49 in 2020.
- How does Latin America & Caribbean (excluding high income) rank for real effective exchange rate?
- Latin America & Caribbean (excluding high income) ranks 8th out of 10 groups with data for 2024.
- Is real effective exchange rate rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 8.2%. The long-run trend across the full record is falling.
- Where does this Latin America & Caribbean (excluding high income) 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 — 30 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.