Real Effective Exchange Rate in Mexico
Mexico: Real Effective Exchange Rate was 104.98 in 2024. ▼ Falling
Real Effective Exchange Rate in Mexico, 1994–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Mexico recorded 104.98 for real effective exchange rate in 2024.
That represents a change of up 2.3% on the previous year and up 4.3% over ten years.
Over the whole period, real effective exchange rate in Mexico peaked at 126.32 in 2002 and was at its lowest, 75.78, in 1995.
Mexico ranks 37th of 107 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 96.07 | 75.78 | 112.01 | 6 |
| 2000s | 111.97 | 93.14 | 126.32 | 10 |
| 2010s | 91.42 | 79.28 | 101.53 | 10 |
| 2020s | 90.99 | 77.62 | 104.98 | 5 |
Countries ranked near Mexico
More reference data data for Mexico
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 4.11 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 16.66 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 32.65 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.75 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 32.65 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 13.78 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 7.36 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 84.69 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 157.18 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 9.55 (2050)
Frequently asked questions
- What is real effective exchange rate in Mexico?
- Real effective exchange rate in Mexico was 104.98 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 Mexico?
- The highest recorded value was 126.32 in 2002.
- What is the lowest real effective exchange rate recorded in Mexico?
- The lowest recorded value was 75.78 in 1995.
- How does Mexico rank for real effective exchange rate?
- Mexico ranks 37th out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Mexico?
- Over the last ten years it is up 4.3%. The long-run trend across the full record is falling.
- Where does this Mexico 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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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.