Real Effective Exchange Rate in Russia
Russia: Real Effective Exchange Rate was 80.63 in 2024. ▲ Rising
Real Effective Exchange Rate in Russia, 1996–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
Russia recorded 80.63 for real effective exchange rate in 2024.
Compared with earlier readings it is down 1.2% on the previous year and down 17.0% over ten years.
Over the whole period, real effective exchange rate in Russia peaked at 106.32 in 2013 and was at its lowest, 49.05, in 1999.
Russia ranks 94th of 107 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 29 years of available data.
Real Effective Exchange Rate in Russia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 79.43 | — |
| 1997 | 84.13 | +5.9% |
| 1998 | 73.47 | -12.7% |
| 1999 | 49.05 | -33.2% |
| 2000 | 54.88 | +11.9% |
| 2001 | 64.57 | +17.7% |
| 2002 | 66.41 | +2.8% |
| 2003 | 68.49 | +3.1% |
| 2004 | 73.93 | +7.9% |
| 2005 | 80.87 | +9.4% |
| 2006 | 88.98 | +10.0% |
| 2007 | 93.84 | +5.5% |
| 2008 | 99.7 | +6.3% |
| 2009 | 92.46 | -7.3% |
| 2010 | 99.98 | +8.1% |
| 2011 | 103.58 | +3.6% |
| 2012 | 104.4 | +0.8% |
| 2013 | 106.32 | +1.8% |
| 2014 | 97.16 | -8.6% |
| 2015 | 80.05 | -17.6% |
| 2016 | 78.58 | -1.8% |
| 2017 | 92.43 | +17.6% |
| 2018 | 84.49 | -8.6% |
| 2019 | 86.93 | +2.9% |
| 2020 | 79.74 | -8.3% |
| 2021 | 78.44 | -1.6% |
| 2022 | 101.06 | +28.8% |
| 2023 | 81.57 | -19.3% |
| 2024 | 80.63 | -1.2% |
Russia compared with similar countries
- Russia's 80.63 is below the median for high income countries, which is 101.37, 80% of the median. (50 countries reporting)
- Russia's 80.63 is below the median for Europe & Central Asia, which is 99.02, 81% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 71.52 | 49.05 | 84.13 | 4 |
| 2000s | 78.41 | 54.88 | 99.7 | 10 |
| 2010s | 93.39 | 78.58 | 106.32 | 10 |
| 2020s | 84.29 | 78.44 | 101.06 | 5 |
Countries ranked near Russia
More reference data data for Russia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 9.34 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.11 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 26.58 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 4.94 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 26.58 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 31.32 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 19.38 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 18.16 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 129.69 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 26.88 (2050)
Frequently asked questions
- What is real effective exchange rate in Russia?
- Real effective exchange rate in Russia was 80.63 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 Russia?
- The highest recorded value was 106.32 in 2013.
- What is the lowest real effective exchange rate recorded in Russia?
- The lowest recorded value was 49.05 in 1999.
- How does Russia rank for real effective exchange rate?
- Russia ranks 94th out of 107 countries with data for 2024.
- Is real effective exchange rate rising or falling in Russia?
- Over the last ten years it is down 17.0%. The long-run trend across the full record is rising.
- Where does this Russia 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 — 29 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.