Real Effective Exchange Rate in Russia

Russia: Real Effective Exchange Rate was 80.63 in 2024. β–² Rising

Latest (2024)
80.63
Change on year
down 1.2%
World rank
94th
of 107 countries
All-time high
106.32
in 2013
All-time low
49.05
in 1999
Years of data
29
1996–2024

Real Effective Exchange Rate in Russia, 1996–2024

02550751001996201020241996: 79.41997: 84.11998: 73.51999: 49.12000: 54.92001: 64.62002: 66.42003: 68.52004: 73.92005: 80.92006: 892007: 93.82008: 99.72009: 92.52010: 1002011: 103.62012: 104.42013: 106.32014: 97.22015: 80.12016: 78.62017: 92.42018: 84.52019: 86.92020: 79.72021: 78.42022: 101.12023: 81.62024: 80.6

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 91 Chile 82.8 compare
  2. 92 Canada 82.31 compare
  3. 93 Malaysia 82 compare
  4. 95 Lesotho 80.55 compare
  5. 96 Ukraine 79.53 compare
  6. 97 Tunisia 78.7 compare

See the full ranking of 117 places β†’

More reference data data for Russia

All data for Russia β†’

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.

Download this data

CSV Β· JSON β€” 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.