{"entity":{"iso2":"TR","iso3":"TUR","name":"Turkey","slug":"turkiye"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"real-effective-exchange-rate","source":"World Bank staff calculations based on Datastream and IMF International Finance Statistics data","source_url":"https://data.worldbank.org/indicator/REER","title":"Real Effective Exchange Rate","unit":null},"observations":[{"date":"1994-01-01","value":55.0362},{"date":"1995-01-01","value":59.8073},{"date":"1996-01-01","value":60.915},{"date":"1997-01-01","value":64.3699},{"date":"1998-01-01","value":71.0297},{"date":"1999-01-01","value":75.444},{"date":"2000-01-01","value":84.1821},{"date":"2001-01-01","value":68.5582},{"date":"2002-01-01","value":74.7135},{"date":"2003-01-01","value":79.302},{"date":"2004-01-01","value":81.798},{"date":"2005-01-01","value":89.856},{"date":"2006-01-01","value":89.0466},{"date":"2007-01-01","value":96.3619},{"date":"2008-01-01","value":97.1083},{"date":"2009-01-01","value":91.3074},{"date":"2010-01-01","value":100.01},{"date":"2011-01-01","value":88.3801},{"date":"2012-01-01","value":91.4326},{"date":"2013-01-01","value":90.2911},{"date":"2014-01-01","value":85.5227},{"date":"2015-01-01","value":83.5156},{"date":"2016-01-01","value":81.9592},{"date":"2017-01-01","value":73.381},{"date":"2018-01-01","value":62.5521},{"date":"2019-01-01","value":61.5287},{"date":"2020-01-01","value":55.4509},{"date":"2021-01-01","value":49.6344},{"date":"2022-01-01","value":45.1577},{"date":"2023-01-01","value":46.6576},{"date":"2024-01-01","value":51.5801}],"summary":{"latest_period":"2024-01-01","latest_value":51.5801,"max":100.01,"mean":74.3835,"min":45.1577,"of":107,"rank":107,"trend":"falling"}}