Real effective exchange rate index in Armenia

Armenia: Real effective exchange rate index was 118.17 2010 = 100 in 2025. ▲ Rising

Latest (2025)
118.17 2010 = 100
Change on year
down 3.3%
World rank
20th
of 95 countries
All-time high
126.28 2010 = 100
in 2023
All-time low
33.45 2010 = 100
in 1994
Years of data
32
1994–2025

Real effective exchange rate index in Armenia, 1994–2025

4060801001201994200920251994: 33.4 2010 = 1001995: 52 2010 = 1001996: 70.8 2010 = 1001997: 69.8 2010 = 1001998: 74 2010 = 1001999: 72.7 2010 = 1002000: 74 2010 = 1002001: 73.1 2010 = 1002002: 73.7 2010 = 1002003: 67.9 2010 = 1002004: 71.6 2010 = 1002005: 80 2010 = 1002006: 86.9 2010 = 1002007: 99.4 2010 = 1002008: 107.8 2010 = 1002009: 99.1 2010 = 1002010: 100 2010 = 1002011: 99.9 2010 = 1002012: 95.1 2010 = 1002013: 96.9 2010 = 1002014: 101 2010 = 1002015: 104 2010 = 1002016: 102.6 2010 = 1002017: 99.3 2010 = 1002018: 98.9 2010 = 1002019: 102.3 2010 = 1002020: 102.2 2010 = 1002021: 100.2 2010 = 1002022: 117.4 2010 = 1002023: 126.3 2010 = 1002024: 122.2 2010 = 1002025: 118.2 2010 = 100

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in 2010 = 100.

Analysis

Armenia recorded 118.17 2010 = 100 for real effective exchange rate index in 2025.

That represents a change of down 3.3% on the previous year and up 13.7% over ten years.

Over the whole period, real effective exchange rate index in Armenia peaked at 126.28 2010 = 100 in 2023 and was at its lowest, 33.45 2010 = 100, in 1994.

That places Armenia 20th out of 95 countries with data for 2025, putting it in the top quarter.

The long-run direction has been consistently rising across the 32 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 62.14 2010 = 100 33.45 2010 = 100 74.03 2010 = 100 6
2000s 83.36 2010 = 100 67.92 2010 = 100 107.76 2010 = 100 10
2010s 100 2010 = 100 95.14 2010 = 100 103.97 2010 = 100 10
2020s 114.42 2010 = 100 100.23 2010 = 100 126.28 2010 = 100 6

Countries ranked near Armenia

  1. 17 Bulgaria 120.59 2010 = 100 compare
  2. 18 Saudi Arabia 119.61 2010 = 100 compare
  3. 19 Costa Rica 118.52 2010 = 100 compare
  4. 21 Poland 117.37 2010 = 100 compare
  5. 22 Latvia 117.3 2010 = 100 compare
  6. 23 Uganda 116.3 2010 = 100 compare

See the full ranking of 95 places →

More financial sector data for Armenia

All data for Armenia →

Frequently asked questions

What is real effective exchange rate index in Armenia?
Real effective exchange rate index in Armenia was 118.17 2010 = 100 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest real effective exchange rate index recorded in Armenia?
The highest recorded value was 126.28 2010 = 100 in 2023.
What is the lowest real effective exchange rate index recorded in Armenia?
The lowest recorded value was 33.45 2010 = 100 in 1994.
How does Armenia rank for real effective exchange rate index?
Armenia ranks 20th out of 95 countries with data for 2025.
Is real effective exchange rate index rising or falling in Armenia?
Over the last ten years it is up 13.7%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real effective exchange rate index (2010 = 100). Statizoid updates them automatically from the source API.

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About this data

Indicator
Real effective exchange rate index (2010 = 100)
Unit
2010 = 100
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
95 places, 4,150 data points, 1979–2025
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. This indicator is an index series where 2010=100.