Real Effective Exchange Rate in South Asia

South Asia: Real Effective Exchange Rate was 110.2 in 2024. ▲ Rising

Latest (2024)
110.2
Change on year
up 2.4%
Rank
2nd
of 10 groups
All-time high
110.2
in 2024
All-time low
72.79
in 1996
Years of data
30
1995–2024

Real Effective Exchange Rate in South Asia, 1995–2024

02550751001995200920241995: 731996: 72.81997: 78.91998: 82.21999: 82.32000: 84.42001: 84.92002: 83.52003: 82.42004: 81.72005: 84.22006: 83.52007: 90.22008: 85.42009: 87.92010: 1002011: 100.22012: 95.52013: 94.42014: 96.12015: 103.82016: 105.22017: 1102018: 1052019: 1072020: 107.42021: 1072022: 108.82023: 107.62024: 110.2

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 1 Venezuela 15,577 compare
  2. 2 Bolivia 143.26 compare
  3. 3 Iceland 139.92 compare
  4. 4 Argentina 132.83 compare
  5. 5 Vietnam 129.99 compare

See the full ranking of 117 places →

More reference data data for South Asia

All data for South Asia →

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.

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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.