Real Effective Exchange Rate in Uruguay
Uruguay: Real Effective Exchange Rate was 116.75 in 2018. ▲ Rising
Real Effective Exchange Rate in Uruguay, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2018, real effective exchange rate in Uruguay stood at 116.75. That is the highest value across all 19 years on record.
The figure is up 1.5% on the previous year and up 32.3% over ten years.
Over the whole period, real effective exchange rate in Uruguay peaked at 116.75 in 2018 and was at its lowest, 72.45, in 2004.
That places Uruguay 21st out of 107 countries with data for 2018, putting it in the top quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Real Effective Exchange Rate in Uruguay, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 113.45 | — |
| 2001 | 110.69 | -2.4% |
| 2002 | 94.01 | -15.1% |
| 2003 | 73.63 | -21.7% |
| 2004 | 72.45 | -1.6% |
| 2005 | 81.08 | +11.9% |
| 2006 | 81.72 | +0.8% |
| 2007 | 81.39 | -0.4% |
| 2008 | 88.24 | +8.4% |
| 2009 | 90.08 | +2.1% |
| 2010 | 100 | +11.0% |
| 2011 | 102.07 | +2.1% |
| 2012 | 104.81 | +2.7% |
| 2013 | 111.09 | +6.0% |
| 2014 | 106.77 | -3.9% |
| 2015 | 107.47 | +0.6% |
| 2016 | 108.47 | +0.9% |
| 2017 | 115.01 | +6.0% |
| 2018 | 116.75 | +1.5% |
Uruguay compared with similar countries
- Uruguay's 116.75 is above the median for high income countries, which is 101.37, 1.2× the median. (50 countries reporting)
- Uruguay's 116.75 is above the median for Latin America & Caribbean, which is 104.5, 1.1× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 88.67 | 72.45 | 113.45 | 10 |
| 2010s | 108.05 | 100 | 116.75 | 9 |
Countries ranked near Uruguay
More reference data data for Uruguay
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.2999 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 4.87 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 6.98 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3685 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 6.98 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.01 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2195 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 24.48 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 33.62 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 2.01 (2050)
Frequently asked questions
- What is real effective exchange rate in Uruguay?
- Real effective exchange rate in Uruguay was 116.75 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 Uruguay?
- The highest recorded value was 116.75 in 2018.
- What is the lowest real effective exchange rate recorded in Uruguay?
- The lowest recorded value was 72.45 in 2004.
- How does Uruguay rank for real effective exchange rate?
- Uruguay ranks 21st out of 107 countries with data for 2018.
- Is real effective exchange rate rising or falling in Uruguay?
- Over the last ten years it is up 32.3%. The long-run trend across the full record is rising.
- Where does this Uruguay 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 — 19 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.