Real effective exchange rate index in North Africa
North Africa: Real effective exchange rate index was 95.75 line rec, 2005 = 100 in 2011. ▼ Falling
Real effective exchange rate index in North Africa, 1975–2011
Source: International Monetary Fund, International Financial Statistics. Measured in line rec, 2005 = 100.
Analysis
The most recent figure for real effective exchange rate index in North Africa is 95.75 line rec, 2005 = 100, measured in 2011. That is the lowest value across all 37 years on record.
The figure is down 2.3% on the previous year and down 17.5% over ten years.
Over the whole period, real effective exchange rate index in North Africa peaked at 214.69 line rec, 2005 = 100 in 1975 and was at its lowest, 95.75 line rec, 2005 = 100, in 2011.
The long-run direction has been consistently falling across the 37 years of available data.
Real effective exchange rate index in North Africa, year by year
| Year | line rec, 2005 = 100 | Change |
|---|---|---|
| 1975 | 214.69 line rec, 2005 = 100 | — |
| 1976 | 213.94 line rec, 2005 = 100 | -0.4% |
| 1977 | 206.75 line rec, 2005 = 100 | -3.4% |
| 1978 | 190.15 line rec, 2005 = 100 | -8.0% |
| 1979 | 200.8 line rec, 2005 = 100 | +5.6% |
| 1980 | 197.87 line rec, 2005 = 100 | -1.5% |
| 1981 | 196.47 line rec, 2005 = 100 | -0.7% |
| 1982 | 194.98 line rec, 2005 = 100 | -0.8% |
| 1983 | 191.7 line rec, 2005 = 100 | -1.7% |
| 1984 | 191.38 line rec, 2005 = 100 | -0.2% |
| 1985 | 190.05 line rec, 2005 = 100 | -0.7% |
| 1986 | 162.5 line rec, 2005 = 100 | -14.5% |
| 1987 | 130.85 line rec, 2005 = 100 | -19.5% |
| 1988 | 119.79 line rec, 2005 = 100 | -8.4% |
| 1989 | 118.22 line rec, 2005 = 100 | -1.3% |
| 1990 | 115.12 line rec, 2005 = 100 | -2.6% |
| 1991 | 117.5 line rec, 2005 = 100 | +2.1% |
| 1992 | 119.95 line rec, 2005 = 100 | +2.1% |
| 1993 | 115.51 line rec, 2005 = 100 | -3.7% |
| 1994 | 116.42 line rec, 2005 = 100 | +0.8% |
| 1995 | 118.77 line rec, 2005 = 100 | +2.0% |
| 1996 | 118.99 line rec, 2005 = 100 | +0.2% |
| 1997 | 118.38 line rec, 2005 = 100 | -0.5% |
| 1998 | 118.63 line rec, 2005 = 100 | +0.2% |
| 1999 | 119.51 line rec, 2005 = 100 | +0.7% |
| 2000 | 117.85 line rec, 2005 = 100 | -1.4% |
| 2001 | 115.99 line rec, 2005 = 100 | -1.6% |
| 2002 | 114.79 line rec, 2005 = 100 | -1.0% |
| 2003 | 104.11 line rec, 2005 = 100 | -9.3% |
| 2004 | 104.48 line rec, 2005 = 100 | +0.4% |
| 2005 | 100 line rec, 2005 = 100 | -4.3% |
| 2006 | 99.77 line rec, 2005 = 100 | -0.2% |
| 2007 | 98.42 line rec, 2005 = 100 | -1.4% |
| 2008 | 100.12 line rec, 2005 = 100 | +1.7% |
| 2009 | 101.97 line rec, 2005 = 100 | +1.8% |
| 2010 | 97.98 line rec, 2005 = 100 | -3.9% |
| 2011 | 95.75 line rec, 2005 = 100 | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 205.27 line rec, 2005 = 100 | 190.15 line rec, 2005 = 100 | 214.69 line rec, 2005 = 100 | 5 |
| 1980s | 169.38 line rec, 2005 = 100 | 118.22 line rec, 2005 = 100 | 197.87 line rec, 2005 = 100 | 10 |
| 1990s | 117.88 line rec, 2005 = 100 | 115.12 line rec, 2005 = 100 | 119.95 line rec, 2005 = 100 | 10 |
| 2000s | 105.75 line rec, 2005 = 100 | 98.42 line rec, 2005 = 100 | 117.85 line rec, 2005 = 100 | 10 |
| 2010s | 96.87 line rec, 2005 = 100 | 95.75 line rec, 2005 = 100 | 97.98 line rec, 2005 = 100 | 2 |
Countries ranked near North Africa
- 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
- 8 Lesotho 106.7 line rec, 2005 = 100 compare
- 9 Uganda 106.28 line rec, 2005 = 100 compare
More economy & growth data for North Africa
- Merchandise trade to GDP ratio 64.3% (2010)
- GDP per capita, PPP annual growth 0.6% (2011)
- GDP deflator, index 163.53 2000=100; US$ series (2011)
- Final consumption expenditure plus discrepancy, per capita 2,633 current US$ (2011)
- Import price index 170.8 goods and services 2000=100 (2011)
- Real agricultural GDP growth rates 2.8% (2011)
- Terms of trade 107.72 goods and services, 2000 = 100 (2009)
- Construction, value added 27.94 billion current US$ (2007)
- Mining and quarrying, value added 95.74 billion current US$ (2007)
- Gross public investment 12.0% (2010)
Frequently asked questions
- What is real effective exchange rate index in North Africa?
- Real effective exchange rate index in North Africa was 95.75 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 North Africa?
- The highest recorded value was 214.69 line rec, 2005 = 100 in 1975.
- What is the lowest real effective exchange rate index recorded in North Africa?
- The lowest recorded value was 95.75 line rec, 2005 = 100 in 2011.
- How does North Africa rank for real effective exchange rate index?
- North Africa ranks 6th out of 6 groups with data for 2011.
- Is real effective exchange rate index rising or falling in North Africa?
- Over the last ten years it is down 17.5%. The long-run trend across the full record is falling.
- Where does this North 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.