Real Effective Exchange Rate in Zambia

Zambia: Real Effective Exchange Rate was 88.44 in 2018. ▲ Rising

Latest (2018)
88.44
Change on year
down 6.4%
World rank
88th
of 107 countries
All-time high
112.57
in 2008
All-time low
59.76
in 2000
Years of data
19
2000–2018

Real Effective Exchange Rate in Zambia, 2000–2018

02550751001252000200920182000: 59.82001: 68.32002: 702003: 61.92004: 65.12005: 80.42006: 105.62007: 97.62008: 112.62009: 95.62010: 1002011: 97.22012: 99.72013: 1032014: 98.42015: 86.62016: 85.52017: 94.52018: 88.4

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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 81.69 59.76 112.57 10
2010s 94.81 85.54 102.97 9

Countries ranked near Zambia

  1. 85 Cyprus 90.07 compare
  2. 86 Uganda 90.05 compare
  3. 87 Gambia 89.11 compare
  4. 89 Dominican Republic 87.84 compare
  5. 90 Sweden 84.01 compare
  6. 91 Chile 82.8 compare

See the full ranking of 117 places →

More reference data data for Zambia

All data for Zambia →

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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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.