Real Effective Exchange Rate in Malaysia

Malaysia: Real Effective Exchange Rate was 82 in 2024. ▼ Falling

Latest (2024)
82
Change on year
up 0.7%
World rank
93rd
of 107 countries
All-time high
119.51
in 1996
All-time low
81.42
in 2023
Years of data
31
1994–2024

Real Effective Exchange Rate in Malaysia, 1994–2024

02550751001251994200920241994: 113.31995: 113.81996: 119.51997: 116.61998: 93.51999: 94.72000: 96.42001: 101.92002: 102.32003: 96.92004: 92.72005: 92.72006: 95.82007: 97.72008: 982009: 952010: 1002011: 99.82012: 99.52013: 99.52014: 992015: 90.92016: 87.32017: 85.72018: 89.22019: 88.12020: 84.72021: 83.82022: 83.32023: 81.42024: 82

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 Malaysia is 82, measured in 2024.

The figure is up 0.7% on the previous year and down 17.1% over ten years.

Over the whole period, real effective exchange rate in Malaysia peaked at 119.51 in 1996 and was at its lowest, 81.42, in 2023.

That places Malaysia 93rd out of 107 countries with data for 2024, putting it in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 108.55 93.52 119.51 6
2000s 96.94 92.67 102.31 10
2010s 93.89 85.68 99.96 10
2020s 83.04 81.42 84.71 5

Countries ranked near Malaysia

  1. 90 Sweden 84.01 compare
  2. 91 Chile 82.8 compare
  3. 92 Canada 82.31 compare
  4. 94 Russia 80.63 compare
  5. 95 Lesotho 80.55 compare
  6. 96 Ukraine 79.53 compare

See the full ranking of 117 places →

More reference data data for Malaysia

All data for Malaysia →

Frequently asked questions

What is real effective exchange rate in Malaysia?
Real effective exchange rate in Malaysia was 82 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 Malaysia?
The highest recorded value was 119.51 in 1996.
What is the lowest real effective exchange rate recorded in Malaysia?
The lowest recorded value was 81.42 in 2023.
How does Malaysia rank for real effective exchange rate?
Malaysia ranks 93rd out of 107 countries with data for 2024.
Is real effective exchange rate rising or falling in Malaysia?
Over the last ten years it is down 17.1%. The long-run trend across the full record is falling.
Where does this Malaysia 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.