Real Effective Exchange Rate in Malaysia
Malaysia: Real Effective Exchange Rate was 82 in 2024. ▼ Falling
Real Effective Exchange Rate in Malaysia, 1994–2024
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 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.
Real Effective Exchange Rate in Malaysia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 113.27 | — |
| 1995 | 113.77 | +0.4% |
| 1996 | 119.51 | +5.0% |
| 1997 | 116.59 | -2.4% |
| 1998 | 93.52 | -19.8% |
| 1999 | 94.67 | +1.2% |
| 2000 | 96.39 | +1.8% |
| 2001 | 101.92 | +5.7% |
| 2002 | 102.31 | +0.4% |
| 2003 | 96.92 | -5.3% |
| 2004 | 92.71 | -4.3% |
| 2005 | 92.67 | -0.0% |
| 2006 | 95.78 | +3.4% |
| 2007 | 97.72 | +2.0% |
| 2008 | 98.01 | +0.3% |
| 2009 | 94.99 | -3.1% |
| 2010 | 99.96 | +5.2% |
| 2011 | 99.81 | -0.2% |
| 2012 | 99.51 | -0.3% |
| 2013 | 99.47 | -0.0% |
| 2014 | 98.98 | -0.5% |
| 2015 | 90.88 | -8.2% |
| 2016 | 87.26 | -4.0% |
| 2017 | 85.68 | -1.8% |
| 2018 | 89.25 | +4.2% |
| 2019 | 88.06 | -1.3% |
| 2020 | 84.71 | -3.8% |
| 2021 | 83.76 | -1.1% |
| 2022 | 83.3 | -0.5% |
| 2023 | 81.42 | -2.3% |
| 2024 | 82 | +0.7% |
Malaysia compared with similar countries
- Malaysia's 82 is below the median for upper middle income countries, which is 101.79, 81% of the median. (32 countries reporting)
- Malaysia's 82 is below the median for East Asia & Pacific, which is 108.54, 76% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Malaysia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.7102 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.5869 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 4.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1487 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 4.62 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.38 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.64 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.29 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 21.1 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.8098 (2050)
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.
Download this data
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.