Real effective exchange rate index in Africa
Africa: Real effective exchange rate index was 101.52 line rec, 2005 = 100 in 2011. ▼ Falling
Latest (2011)
101.52 line rec, 2005 = 100
Change on year
down 0.3%
Rank
4th
of 6 groups
All-time high
208.36 line rec, 2005 = 100
in 1983
All-time low
95.64 line rec, 2005 = 100
in 2001
Years of data
37
1975–2011
Real effective exchange rate index in Africa, 1975–2011
Source: International Monetary Fund, International Financial Statistics. Measured in line rec, 2005 = 100.
Analysis
Africa recorded 101.52 line rec, 2005 = 100 for real effective exchange rate index in 2011.
Compared with earlier readings it is down 0.3% on the previous year and up 6.2% over ten years.
Over the whole period, real effective exchange rate index in Africa peaked at 208.36 line rec, 2005 = 100 in 1983 and was at its lowest, 95.64 line rec, 2005 = 100, in 2001.
The long-run direction has been consistently falling across the 37 years of available data.
Real effective exchange rate index in Africa, year by year
| Year | line rec, 2005 = 100 | Change |
|---|---|---|
| 1975 | 173.13 line rec, 2005 = 100 | — |
| 1976 | 146.5 line rec, 2005 = 100 | -15.4% |
| 1977 | 137.91 line rec, 2005 = 100 | -5.9% |
| 1978 | 137.31 line rec, 2005 = 100 | -0.4% |
| 1979 | 170.93 line rec, 2005 = 100 | +24.5% |
| 1980 | 205.23 line rec, 2005 = 100 | +20.1% |
| 1981 | 200.78 line rec, 2005 = 100 | -2.2% |
| 1982 | 204.28 line rec, 2005 = 100 | +1.7% |
| 1983 | 208.36 line rec, 2005 = 100 | +2.0% |
| 1984 | 193.09 line rec, 2005 = 100 | -7.3% |
| 1985 | 193.14 line rec, 2005 = 100 | +0.0% |
| 1986 | 192.22 line rec, 2005 = 100 | -0.5% |
| 1987 | 166.95 line rec, 2005 = 100 | -13.1% |
| 1988 | 159.81 line rec, 2005 = 100 | -4.3% |
| 1989 | 152.4 line rec, 2005 = 100 | -4.6% |
| 1990 | 136.64 line rec, 2005 = 100 | -10.3% |
| 1991 | 131.89 line rec, 2005 = 100 | -3.5% |
| 1992 | 127.11 line rec, 2005 = 100 | -3.6% |
| 1993 | 124.66 line rec, 2005 = 100 | -1.9% |
| 1994 | 116.97 line rec, 2005 = 100 | -6.2% |
| 1995 | 115.1 line rec, 2005 = 100 | -1.6% |
| 1996 | 120.06 line rec, 2005 = 100 | +4.3% |
| 1997 | 123.97 line rec, 2005 = 100 | +3.3% |
| 1998 | 118.81 line rec, 2005 = 100 | -4.2% |
| 1999 | 108.38 line rec, 2005 = 100 | -8.8% |
| 2000 | 98.89 line rec, 2005 = 100 | -8.8% |
| 2001 | 95.64 line rec, 2005 = 100 | -3.3% |
| 2002 | 98.39 line rec, 2005 = 100 | +2.9% |
| 2003 | 98.37 line rec, 2005 = 100 | -0.0% |
| 2004 | 99.08 line rec, 2005 = 100 | +0.7% |
| 2005 | 100 line rec, 2005 = 100 | +0.9% |
| 2006 | 100.23 line rec, 2005 = 100 | +0.2% |
| 2007 | 101.74 line rec, 2005 = 100 | +1.5% |
| 2008 | 105.01 line rec, 2005 = 100 | +3.2% |
| 2009 | 105.47 line rec, 2005 = 100 | +0.4% |
| 2010 | 101.85 line rec, 2005 = 100 | -3.4% |
| 2011 | 101.52 line rec, 2005 = 100 | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 153.16 line rec, 2005 = 100 | 137.31 line rec, 2005 = 100 | 173.13 line rec, 2005 = 100 | 5 |
| 1980s | 187.63 line rec, 2005 = 100 | 152.4 line rec, 2005 = 100 | 208.36 line rec, 2005 = 100 | 10 |
| 1990s | 122.36 line rec, 2005 = 100 | 108.38 line rec, 2005 = 100 | 136.64 line rec, 2005 = 100 | 10 |
| 2000s | 100.28 line rec, 2005 = 100 | 95.64 line rec, 2005 = 100 | 105.47 line rec, 2005 = 100 | 10 |
| 2010s | 101.69 line rec, 2005 = 100 | 101.52 line rec, 2005 = 100 | 101.85 line rec, 2005 = 100 | 2 |
Countries ranked near Africa
- 1 Congo, Democratic Republic of the 1,025 line rec, 2005 = 100 compare
- 2 Equatorial Guinea 127.39 line rec, 2005 = 100 compare
- 3 Zambia 122.67 line rec, 2005 = 100 compare
- 4 Nigeria 119.74 line rec, 2005 = 100 compare
- 5 Burundi 112.52 line rec, 2005 = 100 compare
- 6 Sierra Leone 110.82 line rec, 2005 = 100 compare
- 7 Central African Republic 109.12 line rec, 2005 = 100 compare
More economy & growth data for Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.26 Percent per annum (2028)
- Gross Domestic Product — Annual growth US$ per capita 7.84 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.04 million million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.89 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.5509 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 19.18 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -6.42 % (2024)
- Gross Fixed Capital Formation — Value US$ 594,014 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 668,776 million USD (2024)
Frequently asked questions
- What is real effective exchange rate index in Africa?
- Real effective exchange rate index in Africa was 101.52 line rec, 2005 = 100 in 2011, according to International Monetary Fund, International Financial Statistics.
- What is the highest real effective exchange rate index recorded in Africa?
- The highest recorded value was 208.36 line rec, 2005 = 100 in 1983.
- What is the lowest real effective exchange rate index recorded in Africa?
- The lowest recorded value was 95.64 line rec, 2005 = 100 in 2001.
- How does Africa rank for real effective exchange rate index?
- Africa ranks 4th out of 6 groups with data for 2011.
- Is real effective exchange rate index rising or falling in Africa?
- Over the last ten years it is up 6.2%. The long-run trend across the full record is falling.
- Where does this Africa data come from?
- The figures come from International Monetary Fund, International Financial Statistics, published as part of Real effective exchange rate index (line rec, 2005 = 100). Statizoid updates them automatically from the source API.
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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 corresponds to the IFS's line rec, and is based on a nominal rate adjusted for relative changes in consumer prices.