Real Effective Exchange Rate in Solomon Islands

Solomon Islands: Real Effective Exchange Rate was 126.54 in 2018. ▲ Rising

Latest (2018)
126.54
Change on year
up 0.1%
World rank
8th
of 107 countries
All-time high
127.86
in 2016
All-time low
87.32
in 2004
Years of data
19
2000–2018

Real Effective Exchange Rate in Solomon Islands, 2000–2018

0501001502000200920182000: 113.42001: 122.42002: 102.32003: 89.12004: 87.32005: 89.22006: 95.72007: 94.12008: 100.62009: 107.92010: 1002011: 102.52012: 111.12013: 118.42014: 124.42015: 127.42016: 127.92017: 126.42018: 126.5

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

Analysis

In 2018, real effective exchange rate in Solomon Islands stood at 126.54.

That represents a change of up 0.1% on the previous year and up 25.8% over ten years.

Over the whole period, real effective exchange rate in Solomon Islands peaked at 127.86 in 2016 and was at its lowest, 87.32, in 2004.

That places Solomon Islands 8th out of 107 countries with data for 2018, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 100.21 87.32 122.4 10
2010s 118.29 100 127.86 9

Countries ranked near Solomon Islands

  1. 5 Vietnam 129.99 compare
  2. 6 Central African Republic 127.93 compare
  3. 7 United States 127.79 compare
  4. 9 Saudi Arabia 126.41 compare
  5. 10 Trinidad and Tobago 126.31 compare
  6. 11 Hong Kong 123.86 compare

See the full ranking of 117 places →

More reference data data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is real effective exchange rate in Solomon Islands?
Real effective exchange rate in Solomon Islands was 126.54 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 Solomon Islands?
The highest recorded value was 127.86 in 2016.
What is the lowest real effective exchange rate recorded in Solomon Islands?
The lowest recorded value was 87.32 in 2004.
How does Solomon Islands rank for real effective exchange rate?
Solomon Islands ranks 8th out of 107 countries with data for 2018.
Is real effective exchange rate rising or falling in Solomon Islands?
Over the last ten years it is up 25.8%. The long-run trend across the full record is rising.
Where does this Solomon Islands 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.