Real Effective Exchange Rate in Paraguay
Paraguay: Real Effective Exchange Rate was 113.52 in 2018. ▲ Rising
Real Effective Exchange Rate in Paraguay, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2018, real effective exchange rate in Paraguay stood at 113.52.
Compared with earlier readings it is up 3.3% on the previous year and up 4.9% over ten years.
Over the whole period, real effective exchange rate in Paraguay peaked at 117.52 in 2014 and was at its lowest, 76.92, in 2005.
Paraguay ranks 24th 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.
Real Effective Exchange Rate in Paraguay, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 101.78 | — |
| 2001 | 98.05 | -3.7% |
| 2002 | 85.19 | -13.1% |
| 2003 | 79.62 | -6.5% |
| 2004 | 82.04 | +3.0% |
| 2005 | 76.92 | -6.2% |
| 2006 | 86.29 | +12.2% |
| 2007 | 94.47 | +9.5% |
| 2008 | 108.22 | +14.6% |
| 2009 | 99.17 | -8.4% |
| 2010 | 100 | +0.8% |
| 2011 | 112.19 | +12.2% |
| 2012 | 110.27 | -1.7% |
| 2013 | 115.33 | +4.6% |
| 2014 | 117.52 | +1.9% |
| 2015 | 114.81 | -2.3% |
| 2016 | 110.83 | -3.5% |
| 2017 | 109.94 | -0.8% |
| 2018 | 113.52 | +3.3% |
Paraguay compared with similar countries
- Paraguay's 113.52 is above the median for upper middle income countries, which is 101.79, 1.1× the median. (32 countries reporting)
- Paraguay's 113.52 is above the median for Latin America & Caribbean, which is 104.5, 1.1× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 91.17 | 76.92 | 108.22 | 10 |
| 2010s | 111.6 | 100 | 117.52 | 9 |
Countries ranked near Paraguay
More reference data data for Paraguay
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.3166 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 5.23 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 7.18 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.6344 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 7.18 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.06 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.5539 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 29.48 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 38.68 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 3.45 (2050)
Frequently asked questions
- What is real effective exchange rate in Paraguay?
- Real effective exchange rate in Paraguay was 113.52 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 Paraguay?
- The highest recorded value was 117.52 in 2014.
- What is the lowest real effective exchange rate recorded in Paraguay?
- The lowest recorded value was 76.92 in 2005.
- How does Paraguay rank for real effective exchange rate?
- Paraguay ranks 24th out of 107 countries with data for 2018.
- Is real effective exchange rate rising or falling in Paraguay?
- Over the last ten years it is up 4.9%. The long-run trend across the full record is rising.
- Where does this Paraguay 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 — 19 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.