Real effective exchange rate (REER), Index (2010=100) Adjusted by in Cyprus
Cyprus: Real effective exchange rate (REER), Index (2010=100) Adjusted by was 87.5 in 2025. ▼ Falling
Real effective exchange rate (REER), Index (2010=100) Adjusted by in Cyprus, 1980–2025
Source: International Monetary Fund.
Analysis
The most recent figure for real effective exchange rate (reer), index (2010=100) adjusted by in Cyprus is 87.5, measured in 2025.
That represents a change of down 0.8% on the previous year and down 0.8% over ten years.
Over the whole period, real effective exchange rate (reer), index (2010=100) adjusted by in Cyprus peaked at 111.61 in 1980 and was at its lowest, 86.62, in 2022.
That places Cyprus 78th out of 93 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 46 years of available data.
Real effective exchange rate (REER), Index (2010=100) Adjusted by in Cyprus, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 111.61 | — |
| 1981 | 107.84 | -3.4% |
| 1982 | 105.33 | -2.3% |
| 1983 | 103.09 | -2.1% |
| 1984 | 102.14 | -0.9% |
| 1985 | 102.31 | +0.2% |
| 1986 | 98.21 | -4.0% |
| 1987 | 93.29 | -5.0% |
| 1988 | 92.44 | -0.9% |
| 1989 | 90.68 | -1.9% |
| 1990 | 89.12 | -1.7% |
| 1991 | 88.7 | -0.5% |
| 1992 | 91.55 | +3.2% |
| 1993 | 91.3 | -0.3% |
| 1994 | 93.6 | +2.5% |
| 1995 | 94.72 | +1.2% |
| 1996 | 93.79 | -1.0% |
| 1997 | 92.22 | -1.7% |
| 1998 | 95.67 | +3.7% |
| 1999 | 93.77 | -2.0% |
| 2000 | 91.15 | -2.8% |
| 2001 | 92.11 | +1.1% |
| 2002 | 94.9 | +3.0% |
| 2003 | 101.52 | +7.0% |
| 2004 | 103.02 | +1.5% |
| 2005 | 102.38 | -0.6% |
| 2006 | 101.73 | -0.6% |
| 2007 | 100.94 | -0.8% |
| 2008 | 103.76 | +2.8% |
| 2009 | 104.68 | +0.9% |
| 2010 | 100 | -4.5% |
| 2011 | 100.06 | +0.1% |
| 2012 | 97.37 | -2.7% |
| 2013 | 97.38 | +0.0% |
| 2014 | 96.59 | -0.8% |
| 2015 | 88.19 | -8.7% |
| 2016 | 87.56 | -0.7% |
| 2017 | 87.71 | +0.2% |
| 2018 | 89.4 | +1.9% |
| 2019 | 87.61 | -2.0% |
| 2020 | 88.14 | +0.6% |
| 2021 | 88.09 | -0.1% |
| 2022 | 86.62 | -1.7% |
| 2023 | 88.26 | +1.9% |
| 2024 | 88.19 | -0.1% |
| 2025 | 87.5 | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 100.69 | 90.68 | 111.61 | 10 |
| 1990s | 92.44 | 88.7 | 95.67 | 10 |
| 2000s | 99.62 | 91.15 | 104.68 | 10 |
| 2010s | 93.19 | 87.56 | 100.06 | 10 |
| 2020s | 87.8 | 86.62 | 88.26 | 6 |
Countries ranked near Cyprus
More economy & growth data for Cyprus
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 961.96 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 9.66 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1115 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 3,353 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 5.04 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.0987 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 2,967 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 3.59 % change on previous year (2025)
Frequently asked questions
- What is real effective exchange rate (reer), index (2010=100) adjusted by in Cyprus?
- Real effective exchange rate (reer), index (2010=100) adjusted by in Cyprus was 87.5 in 2025, according to International Monetary Fund.
- What is the highest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Cyprus?
- The highest recorded value was 111.61 in 1980.
- What is the lowest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Cyprus?
- The lowest recorded value was 86.62 in 2022.
- How does Cyprus rank for real effective exchange rate (reer), index (2010=100) adjusted by?
- Cyprus ranks 78th out of 93 countries with data for 2025.
- Is real effective exchange rate (reer), index (2010=100) adjusted by rising or falling in Cyprus?
- Over the last ten years it is down 0.8%. The long-run trend across the full record is falling.
- Where does this Cyprus data come from?
- The figures come from International Monetary Fund, published as part of Real effective exchange rate (REER), Index (2010=100) Adjusted by relative consumer prices. Statizoid updates them automatically from the source API.
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About this data
The Effective Exchange Rate (EER) dataset includes annual, quarterly and monthly nominal and real effective exchange rates by economy. Nominal effective exchange rates (NEERs) measure the value of a country's currency in relation to a weighted average of the currency values of their major trading partners. Real effective exchange rates (REERs) adjust the NEER to account for a country's inflation rate in relation to the weighted inflation rate of their major trading partners. The IMF publishes NEERs and REERs for approximately 90 IMF member countries that account for the vast share of global international trade. These statistics help policymakers and analysts assess the competitiveness of a country's exports, monitor currency trends, evaluate the impact of exchange rate changes on trade flows, and inform decisions regarding monetary policy, exchange rate management, and international trade. The EERs are calculated by IMF staff using exchange rate information, consumer price indexes received from national authorities and international trade weights. These weights are calculated as three-year averages of annual data available from official sources on trade, tourism and manufacturing collected from the United Nations (UN), Organization for Economic Co-operation and Development (OECD), World Bank, World Tourism Organization (UNWTO), United Nations Industrial Development Organization (UNIDO).