Real Effective Exchange Rate in Papua New Guinea

Papua New Guinea: Real Effective Exchange Rate was 120.86 in 2018. ▲ Rising

Latest (2018)
120.86
Change on year
down 1.2%
World rank
14th
of 107 countries
All-time high
128.26
in 2012
All-time low
76.77
in 2002
Years of data
19
2000–2018

Real Effective Exchange Rate in Papua New Guinea, 2000–2018

0501001502000200920182000: 87.92001: 82.22002: 76.82003: 85.12004: 87.92005: 88.62006: 88.92007: 84.32008: 94.82009: 1022010: 1002011: 109.12012: 128.32013: 1272014: 122.72015: 127.92016: 121.22017: 122.32018: 120.9

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

Papua New Guinea recorded 120.86 for real effective exchange rate in 2018.

The figure is down 1.2% on the previous year and up 27.4% over ten years.

Over the whole period, real effective exchange rate in Papua New Guinea peaked at 128.26 in 2012 and was at its lowest, 76.77, in 2002.

Papua New Guinea ranks 14th of 107 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 87.84 76.77 102.05 10
2010s 119.93 100 128.26 9

Countries ranked near Papua New Guinea

  1. 11 Hong Kong 123.86 compare
  2. 12 Moldova 122.36 compare
  3. 13 Singapore 121.9 compare
  4. 15 Kuwait 120.75 compare
  5. 16 Czechia 119.59 compare
  6. 17 Burundi 118.31 compare

See the full ranking of 117 places →

More reference data data for Papua New Guinea

All data for Papua New Guinea →

Frequently asked questions

What is real effective exchange rate in Papua New Guinea?
Real effective exchange rate in Papua New Guinea was 120.86 in 2018, 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 Papua New Guinea?
The highest recorded value was 128.26 in 2012.
What is the lowest real effective exchange rate recorded in Papua New Guinea?
The lowest recorded value was 76.77 in 2002.
How does Papua New Guinea rank for real effective exchange rate?
Papua New Guinea ranks 14th out of 107 countries with data for 2018.
Is real effective exchange rate rising or falling in Papua New Guinea?
Over the last ten years it is up 27.4%. The long-run trend across the full record is rising.
Where does this Papua New Guinea 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.