Real effective exchange rate (REER), Index (2010=100) Adjusted by in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Real effective exchange rate (REER), Index (2010=100) Adjusted by was 741.53 in 2016. ◆ Volatile
Real effective exchange rate (REER), Index (2010=100) Adjusted by in Venezuela, Bolivarian Republic of, 1980–2016
Source: International Monetary Fund.
Analysis
In 2016, real effective exchange rate (reer), index (2010=100) adjusted by in Venezuela, Bolivarian Republic of stood at 741.53. That is the highest value across all 37 years on record.
The figure is up 139.4% on the previous year and up 1,182.8% over ten years.
Over the whole period, real effective exchange rate (reer), index (2010=100) adjusted by in Venezuela, Bolivarian Republic of peaked at 741.53 in 2016 and was at its lowest, 36.81, in 1990.
That places Venezuela, Bolivarian Republic of 2nd out of 93 countries with data for 2016, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Real effective exchange rate (REER), Index (2010=100) Adjusted by in Venezuela, Bolivarian Republic of, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 80.56 | — |
| 1981 | 90.34 | +12.1% |
| 1982 | 97.68 | +8.1% |
| 1983 | 103.45 | +5.9% |
| 1984 | 72.87 | -29.6% |
| 1985 | 72.74 | -0.2% |
| 1986 | 68.15 | -6.3% |
| 1987 | 42.69 | -37.4% |
| 1988 | 52.09 | +22.0% |
| 1989 | 41.72 | -19.9% |
| 1990 | 36.81 | -11.7% |
| 1991 | 39.42 | +7.1% |
| 1992 | 40.97 | +3.9% |
| 1993 | 43.09 | +5.2% |
| 1994 | 41.73 | -3.2% |
| 1995 | 51.72 | +23.9% |
| 1996 | 42.91 | -17.0% |
| 1997 | 54.8 | +27.7% |
| 1998 | 67.5 | +23.2% |
| 1999 | 77 | +14.1% |
| 2000 | 79.98 | +3.9% |
| 2001 | 85.07 | +6.4% |
| 2002 | 66.52 | -21.8% |
| 2003 | 57.75 | -13.2% |
| 2004 | 55.77 | -3.4% |
| 2005 | 54.59 | -2.1% |
| 2006 | 57.81 | +5.9% |
| 2007 | 63.35 | +9.6% |
| 2008 | 75.95 | +19.9% |
| 2009 | 99.06 | +30.4% |
| 2010 | 100 | +0.9% |
| 2011 | 70.8 | -29.2% |
| 2012 | 84.99 | +20.0% |
| 2013 | 83.24 | -2.1% |
| 2014 | 128.96 | +54.9% |
| 2015 | 309.75 | +140.2% |
| 2016 | 741.53 | +139.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 72.23 | 41.72 | 103.45 | 10 |
| 1990s | 49.59 | 36.81 | 77 | 10 |
| 2000s | 69.59 | 54.59 | 99.06 | 10 |
| 2010s | 217.04 | 70.8 | 741.53 | 7 |
Countries ranked near Venezuela, Bolivarian Republic of
- 1 Iran, Islamic Republic of 863.9 compare
- 3 Republic of Moldova 185.05 compare
- 4 Bolivia, Plurinational State of 181.04 compare
- 5 Burundi 177.49 compare
More economy & growth data for Venezuela, Bolivarian Republic of
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate -16.88 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.0562 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 196.28 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -45.2 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 120.25 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual -100 % change on previous year (1991)
- Agriculture, forestry, and fishing, value added (current LCU), per 0 current LCU per US$ of GDP (2011)
- Agriculture, forestry, and fishing, value added (current LCU), per 0 current LCU per person (2011)
Frequently asked questions
- What is real effective exchange rate (reer), index (2010=100) adjusted by in Venezuela, Bolivarian Republic of?
- Real effective exchange rate (reer), index (2010=100) adjusted by in Venezuela, Bolivarian Republic of was 741.53 in 2016, according to International Monetary Fund.
- What is the highest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 741.53 in 2016.
- What is the lowest real effective exchange rate (reer), index (2010=100) adjusted by recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 36.81 in 1990.
- How does Venezuela, Bolivarian Republic of rank for real effective exchange rate (reer), index (2010=100) adjusted by?
- Venezuela, Bolivarian Republic of ranks 2nd out of 93 countries with data for 2016.
- Is real effective exchange rate (reer), index (2010=100) adjusted by rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 1,182.8%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of 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).