Real effective exchange rate index (2010 = 100) by country
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. This indicator is an index series where 2010=100.
Countries reporting
95
Highest
861.83 2010 = 100
Iran
Lowest
55.98 2010 = 100
Japan
Median
103.78 2010 = 100
Years covered
47
1979–2025
Data points
4,150
What the numbers show
Real effective exchange rate index (2010 = 100) is currently reported for 95 countries. The highest value is 861.83 2010 = 100 in Iran; the lowest is 55.98 2010 = 100 in Japan.
The median across all reporting countries is 103.78 2010 = 100, and the mean is 120.43 2010 = 100.
The gap between the highest and lowest reporting country is a factor of about 15.
Over the past decade 65 countries rose and 30 fell. The largest increase was in Venezuela (up 1,183.3%), and the largest decrease in Nigeria (down 38.4%).
Real effective exchange rate index: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Iran | 861.83 2010 = 100 | 2025 | up 781.4% | volatile |
| 2 | Venezuela | 741.86 2010 = 100 | 2016 | up 1,183.3% | volatile |
| 3 | Moldova | 185.39 2010 = 100 | 2025 | up 87.0% | rising |
| 4 | Bolivia | 181.08 2010 = 100 | 2025 | up 31.6% | falling |
| 5 | Burundi | 177.45 2010 = 100 | 2025 | up 50.9% | falling |
| 6 | Iceland | 146.67 2010 = 100 | 2025 | up 28.9% | falling |
| 7 | Solomon Islands | 141.27 2010 = 100 | 2025 | up 11.8% | rising |
| 8 | Democratic Republic of Congo | 139.4 2010 = 100 | 2025 | up 14.7% | volatile |
| 9 | South Korea | 138.97 2010 = 100 | 2021 | up 42.6% | flat |
| 10 | United States | 130.98 2010 = 100 | 2025 | up 19.2% | flat |
| 11 | Central African Republic | 128.43 2010 = 100 | 2025 | up 14.1% | falling |
| 12 | Uruguay | 127.67 2010 = 100 | 2025 | up 19.0% | rising |
| 13 | Trinidad and Tobago | 126.07 2010 = 100 | 2025 | down 3.8% | rising |
| 14 | Hong Kong | 125.88 2010 = 100 | 2021 | up 28.5% | rising |
| 15 | Czechia | 123.63 2010 = 100 | 2025 | up 39.5% | rising |
| 16 | Singapore | 121.62 2010 = 100 | 2025 | up 12.4% | rising |
| 17 | Bulgaria | 120.59 2010 = 100 | 2025 | up 24.2% | rising |
| 18 | Saudi Arabia | 119.61 2010 = 100 | 2025 | up 5.4% | falling |
| 19 | Costa Rica | 118.52 2010 = 100 | 2025 | up 3.3% | rising |
| 20 | Armenia | 118.17 2010 = 100 | 2025 | up 13.7% | rising |
| 21 | Poland | 117.37 2010 = 100 | 2025 | up 26.8% | rising |
| 22 | Latvia | 117.3 2010 = 100 | 2025 | up 19.5% | rising |
| 23 | Uganda | 116.3 2010 = 100 | 2025 | up 14.9% | volatile |
| 24 | Slovakia | 116.28 2010 = 100 | 2025 | up 19.2% | rising |
| 25 | Romania | 116.04 2010 = 100 | 2025 | up 18.0% | rising |
| 26 | Sierra Leone | 115.83 2010 = 100 | 2025 | down 18.8% | volatile |
| 27 | Guyana | 115.27 2010 = 100 | 2025 | up 11.4% | volatile |
| 28 | Samoa | 114.25 2010 = 100 | 2025 | up 12.0% | rising |
| 29 | Israel | 113.34 2010 = 100 | 2025 | up 11.4% | flat |
| 30 | North Macedonia | 113.18 2010 = 100 | 2025 | up 15.3% | falling |
| 31 | Cameroon | 112.93 2010 = 100 | 2025 | up 20.8% | falling |
| 32 | Papua New Guinea | 112.71 2010 = 100 | 2025 | down 9.2% | flat |
| 33 | Antigua and Barbuda | 112.64 2010 = 100 | 2025 | up 1.9% | falling |
| 34 | Philippines | 112.4 2010 = 100 | 2025 | up 0.9% | flat |
| 35 | Switzerland | 112.29 2010 = 100 | 2025 | up 1.7% | rising |
| 36 | United Kingdom | 110.64 2010 = 100 | 2025 | down 2.7% | falling |
| 37 | Austria | 109.97 2010 = 100 | 2025 | up 11.8% | flat |
| 38 | China | 109.02 2010 = 100 | 2025 | down 16.1% | falling |
| 39 | Paraguay | 108.96 2010 = 100 | 2025 | down 5.0% | falling |
| 40 | Togo | 107.73 2010 = 100 | 2025 | up 14.9% | falling |
| 41 | Georgia | 107.36 2010 = 100 | 2025 | up 9.1% | rising |
| 42 | Netherlands | 106.88 2010 = 100 | 2025 | up 11.4% | flat |
| 43 | Belgium | 105.42 2010 = 100 | 2025 | up 11.6% | flat |
| 44 | Fiji | 105.27 2010 = 100 | 2025 | up 1.8% | falling |
| 45 | Equatorial Guinea | 104.89 2010 = 100 | 2025 | up 5.0% | rising |
| 46 | Algeria | 104.66 2010 = 100 | 2025 | up 8.4% | volatile |
| 47 | Belize | 104.27 2010 = 100 | 2025 | up 1.4% | falling |
| 48 | Saint Vincent and the Grenadines | 103.78 2010 = 100 | 2025 | up 0.1% | falling |
| 49 | Malawi | 103.17 2010 = 100 | 2025 | up 28.3% | falling |
| 50 | Gabon | 103.16 2010 = 100 | 2025 | up 11.2% | falling |
| 51 | Morocco | 102.75 2010 = 100 | 2025 | up 6.1% | falling |
| 52 | Gambia | 102.08 2010 = 100 | 2025 | up 40.4% | falling |
| 53 | Pakistan | 101.84 2010 = 100 | 2025 | down 12.1% | falling |
| 54 | Bahrain | 101.19 2010 = 100 | 2025 | down 4.3% | falling |
| 55 | Cote d'Ivoire | 100.96 2010 = 100 | 2025 | up 7.7% | falling |
| 56 | Nicaragua | 100.72 2010 = 100 | 2025 | down 1.3% | volatile |
| 57 | New Zealand | 100.51 2010 = 100 | 2025 | down 3.6% | rising |
| 58 | Saint Lucia | 99.97 2010 = 100 | 2025 | down 6.0% | falling |
| 59 | Croatia | 99.94 2010 = 100 | 2025 | up 7.9% | flat |
| 60 | Luxembourg | 99.48 2010 = 100 | 2025 | up 2.4% | flat |
| 61 | Spain | 98.89 2010 = 100 | 2025 | up 5.4% | rising |
| 62 | Germany | 98.79 2010 = 100 | 2025 | up 6.8% | falling |
| 63 | Finland | 97.59 2010 = 100 | 2025 | up 1.6% | falling |
| 64 | Tunisia | 96.64 2010 = 100 | 2025 | down 0.9% | falling |
| 65 | Portugal | 96.4 2010 = 100 | 2025 | up 1.3% | rising |
| 66 | Mexico | 96.14 2010 = 100 | 2025 | up 6.0% | falling |
| 67 | Italy | 95.55 2010 = 100 | 2025 | up 1.9% | falling |
| 68 | Hungary | 95.25 2010 = 100 | 2025 | up 7.8% | rising |
| 69 | Malta | 94.9 2010 = 100 | 2025 | up 6.0% | falling |
| 70 | Denmark | 94.76 2010 = 100 | 2025 | up 0.4% | rising |
| 71 | Dominica | 94.4 2010 = 100 | 2025 | down 3.1% | falling |
| 72 | Bahamas | 94.27 2010 = 100 | 2025 | down 7.8% | falling |
| 73 | France | 91.93 2010 = 100 | 2025 | down 0.1% | falling |
| 74 | Russia | 91.47 2010 = 100 | 2025 | up 14.4% | rising |
| 75 | Ireland | 90.55 2010 = 100 | 2025 | up 2.5% | flat |
| 76 | Saint Kitts and Nevis | 90.41 2010 = 100 | 2025 | down 12.5% | falling |
| 77 | Australia | 89.84 2010 = 100 | 2025 | up 0.0% | rising |
| 78 | Ukraine | 88.95 2010 = 100 | 2025 | up 24.0% | falling |
| 79 | Greece | 88.01 2010 = 100 | 2025 | down 1.4% | rising |
| 80 | Cyprus | 87.54 2010 = 100 | 2025 | down 0.7% | falling |
| 81 | Sweden | 87.1 2010 = 100 | 2025 | down 6.6% | falling |
| 82 | Grenada | 87.05 2010 = 100 | 2025 | down 9.7% | falling |
| 83 | Ghana | 86.18 2010 = 100 | 2025 | up 26.4% | volatile |
| 84 | Malaysia | 85.26 2010 = 100 | 2025 | down 4.6% | falling |
| 85 | Chile | 84.42 2010 = 100 | 2025 | down 7.0% | falling |
| 86 | Dominican Republic | 83.91 2010 = 100 | 2025 | down 11.0% | falling |
| 87 | Zambia | 83.31 2010 = 100 | 2025 | down 3.9% | rising |
| 88 | Lesotho | 79.84 2010 = 100 | 2025 | up 1.9% | falling |
| 89 | Colombia | 78.24 2010 = 100 | 2025 | up 0.9% | falling |
| 90 | Canada | 78.24 2010 = 100 | 2025 | down 5.9% | falling |
| 91 | Norway | 74.67 2010 = 100 | 2025 | down 11.4% | falling |
| 92 | Nigeria | 73.92 2010 = 100 | 2025 | down 38.4% | volatile |
| 93 | South Africa | 73.68 2010 = 100 | 2025 | down 1.9% | falling |
| 94 | Brazil | 59.08 2010 = 100 | 2025 | down 15.0% | falling |
| 95 | Japan | 55.98 2010 = 100 | 2025 | down 19.2% | falling |
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. This indicator is an index series where 2010=100.