Real Effective Exchange Rate in Zambia
Zambia: Real Effective Exchange Rate was 88.44 in 2018. ▲ Rising
Real Effective Exchange Rate in Zambia, 2000–2018
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2018, real effective exchange rate in Zambia stood at 88.44.
Compared with earlier readings it is down 6.4% on the previous year and down 21.4% over ten years.
Over the whole period, real effective exchange rate in Zambia peaked at 112.57 in 2008 and was at its lowest, 59.76, in 2000.
That places Zambia 88th out of 107 countries with data for 2018, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Real Effective Exchange Rate in Zambia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 59.76 | — |
| 2001 | 68.35 | +14.4% |
| 2002 | 69.97 | +2.4% |
| 2003 | 61.93 | -11.5% |
| 2004 | 65.13 | +5.2% |
| 2005 | 80.41 | +23.5% |
| 2006 | 105.61 | +31.3% |
| 2007 | 97.61 | -7.6% |
| 2008 | 112.57 | +15.3% |
| 2009 | 95.6 | -15.1% |
| 2010 | 100 | +4.6% |
| 2011 | 97.15 | -2.8% |
| 2012 | 99.72 | +2.6% |
| 2013 | 102.97 | +3.3% |
| 2014 | 98.36 | -4.5% |
| 2015 | 86.64 | -11.9% |
| 2016 | 85.54 | -1.3% |
| 2017 | 94.51 | +10.5% |
| 2018 | 88.44 | -6.4% |
Zambia compared with similar countries
- Zambia's 88.44 is below the median for lower middle income countries, which is 97.6, 91% of the median. (17 countries reporting)
- Zambia's 88.44 is below the median for Sub-Saharan Africa, which is 96.24, 92% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 81.69 | 59.76 | 112.57 | 10 |
| 2010s | 94.81 | 85.54 | 102.97 | 9 |
Countries ranked near Zambia
More reference data data for Zambia
- Exchange rate, new LCU per USD extended backward, period average 18.94 (2026)
- Exchange rate, old LCU per USD extended forward, period average 18.94 (2026)
- Official exchange rate, LCU per USD, period average 18.94 (2026)
- Political opposition, annual growth rate 0 % change on previous year (2025)
- Elected parliament and government, annual growth rate 0 % change on previous year (2025)
- Global number of reported disasters by size, gaps filled 0 events (2025)
- Annual precipitation, annual growth rate 40.84 % change on previous year (2025)
- Free country, gaps filled 1 (2025)
- Civil liberties rating, gaps filled 4 (2025)
- Civil liberties rating, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is real effective exchange rate in Zambia?
- Real effective exchange rate in Zambia was 88.44 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 Zambia?
- The highest recorded value was 112.57 in 2008.
- What is the lowest real effective exchange rate recorded in Zambia?
- The lowest recorded value was 59.76 in 2000.
- How does Zambia rank for real effective exchange rate?
- Zambia ranks 88th out of 107 countries with data for 2018.
- Is real effective exchange rate rising or falling in Zambia?
- Over the last ten years it is down 21.4%. The long-run trend across the full record is rising.
- Where does this Zambia 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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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.