Real effective exchange rate index in South Africa
South Africa: Real effective exchange rate index was 99.08 line rec, 2005 = 100 in 2011. ▼ Falling
Real effective exchange rate index in South Africa, 1975–2011
Source: International Monetary Fund, International Financial Statistics. Measured in line rec, 2005 = 100.
Analysis
In 2011, real effective exchange rate index in South Africa stood at 99.08 line rec, 2005 = 100.
The figure is down 2.1% on the previous year and up 20.4% over ten years.
Over the whole period, real effective exchange rate index in South Africa peaked at 170.98 line rec, 2005 = 100 in 1983 and was at its lowest, 70.5 line rec, 2005 = 100, in 2002.
That places South Africa 14th out of 20 countries with data for 2011, putting it in the middle of the range.
The long-run direction has been consistently falling across the 37 years of available data.
Real effective exchange rate index in South Africa, year by year
| Year | line rec, 2005 = 100 | Change |
|---|---|---|
| 1975 | 131.57 line rec, 2005 = 100 | — |
| 1976 | 120.54 line rec, 2005 = 100 | -8.4% |
| 1977 | 120.44 line rec, 2005 = 100 | -0.1% |
| 1978 | 113.29 line rec, 2005 = 100 | -5.9% |
| 1979 | 142.52 line rec, 2005 = 100 | +25.8% |
| 1980 | 155.83 line rec, 2005 = 100 | +9.3% |
| 1981 | 163.94 line rec, 2005 = 100 | +5.2% |
| 1982 | 155.34 line rec, 2005 = 100 | -5.2% |
| 1983 | 170.98 line rec, 2005 = 100 | +10.1% |
| 1984 | 150.83 line rec, 2005 = 100 | -11.8% |
| 1985 | 114.54 line rec, 2005 = 100 | -24.1% |
| 1986 | 105.73 line rec, 2005 = 100 | -7.7% |
| 1987 | 119.33 line rec, 2005 = 100 | +12.9% |
| 1988 | 112.7 line rec, 2005 = 100 | -5.6% |
| 1989 | 113.16 line rec, 2005 = 100 | +0.4% |
| 1990 | 116.34 line rec, 2005 = 100 | +2.8% |
| 1991 | 121.09 line rec, 2005 = 100 | +4.1% |
| 1992 | 125.1 line rec, 2005 = 100 | +3.3% |
| 1993 | 122.78 line rec, 2005 = 100 | -1.9% |
| 1994 | 117.53 line rec, 2005 = 100 | -4.3% |
| 1995 | 114.24 line rec, 2005 = 100 | -2.8% |
| 1996 | 105.17 line rec, 2005 = 100 | -7.9% |
| 1997 | 110.93 line rec, 2005 = 100 | +5.5% |
| 1998 | 101.85 line rec, 2005 = 100 | -8.2% |
| 1999 | 96.32 line rec, 2005 = 100 | -5.4% |
| 2000 | 93.29 line rec, 2005 = 100 | -3.1% |
| 2001 | 82.32 line rec, 2005 = 100 | -11.8% |
| 2002 | 70.5 line rec, 2005 = 100 | -14.4% |
| 2003 | 91.36 line rec, 2005 = 100 | +29.6% |
| 2004 | 99.68 line rec, 2005 = 100 | +9.1% |
| 2005 | 100 line rec, 2005 = 100 | +0.3% |
| 2006 | 96.11 line rec, 2005 = 100 | -3.9% |
| 2007 | 90.36 line rec, 2005 = 100 | -6.0% |
| 2008 | 80.41 line rec, 2005 = 100 | -11.0% |
| 2009 | 87.64 line rec, 2005 = 100 | +9.0% |
| 2010 | 101.22 line rec, 2005 = 100 | +15.5% |
| 2011 | 99.08 line rec, 2005 = 100 | -2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 125.67 line rec, 2005 = 100 | 113.29 line rec, 2005 = 100 | 142.52 line rec, 2005 = 100 | 5 |
| 1980s | 136.24 line rec, 2005 = 100 | 105.73 line rec, 2005 = 100 | 170.98 line rec, 2005 = 100 | 10 |
| 1990s | 113.13 line rec, 2005 = 100 | 96.32 line rec, 2005 = 100 | 125.1 line rec, 2005 = 100 | 10 |
| 2000s | 89.17 line rec, 2005 = 100 | 70.5 line rec, 2005 = 100 | 100 line rec, 2005 = 100 | 10 |
| 2010s | 100.15 line rec, 2005 = 100 | 99.08 line rec, 2005 = 100 | 101.22 line rec, 2005 = 100 | 2 |
Countries ranked near South Africa
More economy & growth data for South Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.4836 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.4 Percent per annum (2029)
- Industry (including construction), value added (constant 2015 US$) -1.57 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1684 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,111 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -1.57 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 2.15 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 14,168 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 6.62 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6307 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is real effective exchange rate index in South Africa?
- Real effective exchange rate index in South Africa was 99.08 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 South Africa?
- The highest recorded value was 170.98 line rec, 2005 = 100 in 1983.
- What is the lowest real effective exchange rate index recorded in South Africa?
- The lowest recorded value was 70.5 line rec, 2005 = 100 in 2002.
- How does South Africa rank for real effective exchange rate index?
- South Africa ranks 14th out of 20 countries with data for 2011.
- Is real effective exchange rate index rising or falling in South Africa?
- Over the last ten years it is up 20.4%. The long-run trend across the full record is falling.
- Where does this South 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.