Real Effective Exchange Rate in South Asia
South Asia: Real Effective Exchange Rate was 110.2 in 2024. ▲ Rising
Real Effective Exchange Rate in South Asia, 1995–2024
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
South Asia recorded 110.2 for real effective exchange rate in 2024. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 14.7% over ten years.
Over the whole period, real effective exchange rate in South Asia peaked at 110.2 in 2024 and was at its lowest, 72.79, in 1996.
The long-run direction has been consistently rising across the 30 years of available data.
Real Effective Exchange Rate in South Asia, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 72.98 | — |
| 1996 | 72.79 | -0.3% |
| 1997 | 78.94 | +8.4% |
| 1998 | 82.23 | +4.2% |
| 1999 | 82.28 | +0.1% |
| 2000 | 84.38 | +2.6% |
| 2001 | 84.94 | +0.7% |
| 2002 | 83.5 | -1.7% |
| 2003 | 82.37 | -1.4% |
| 2004 | 81.72 | -0.8% |
| 2005 | 84.15 | +3.0% |
| 2006 | 83.52 | -0.8% |
| 2007 | 90.23 | +8.0% |
| 2008 | 85.45 | -5.3% |
| 2009 | 87.92 | +2.9% |
| 2010 | 99.96 | +13.7% |
| 2011 | 100.18 | +0.2% |
| 2012 | 95.5 | -4.7% |
| 2013 | 94.4 | -1.1% |
| 2014 | 96.08 | +1.8% |
| 2015 | 103.83 | +8.1% |
| 2016 | 105.15 | +1.3% |
| 2017 | 109.96 | +4.6% |
| 2018 | 104.99 | -4.5% |
| 2019 | 106.95 | +1.9% |
| 2020 | 107.36 | +0.4% |
| 2021 | 107.04 | -0.3% |
| 2022 | 108.77 | +1.6% |
| 2023 | 107.64 | -1.0% |
| 2024 | 110.2 | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 77.84 | 72.79 | 82.28 | 5 |
| 2000s | 84.82 | 81.72 | 90.23 | 10 |
| 2010s | 101.7 | 94.4 | 109.96 | 10 |
| 2020s | 108.2 | 107.04 | 110.2 | 5 |
Countries ranked near South Asia
More reference data data for South Asia
- Exchange rate, new LCU per USD extended backward, period average 104.67 (2026)
- CPI Price, nominal 248.87 (2026)
- CPI Price, nominal, annual growth rate 1.91 % change on previous year (2026)
- CPI Price, nominal, seas. adj. 249.65 (2026)
- CPI Price, nominal, seas. adj., annual growth rate 2.53 % change on previous year (2026)
- School age population, one year before than official primary entry 17.64 million number (2019)
- School age population, one year before than official primary entry 16.19 million number (2019)
- School life expectancy, primary, both sexes 5.02 years (2019)
- School age population, one year before than official primary entry 33.83 million number (2019)
- School life expectancy, primary, male 5.06 years (2019)
Frequently asked questions
- What is real effective exchange rate in South Asia?
- Real effective exchange rate in South Asia was 110.2 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 South Asia?
- The highest recorded value was 110.2 in 2024.
- What is the lowest real effective exchange rate recorded in South Asia?
- The lowest recorded value was 72.79 in 1996.
- How does South Asia rank for real effective exchange rate?
- South Asia ranks 2nd out of 10 groups with data for 2024.
- Is real effective exchange rate rising or falling in South Asia?
- Over the last ten years it is up 14.7%. The long-run trend across the full record is rising.
- Where does this South Asia 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 · JSON — 30 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.