Real effective exchange rate index (2010 = 100) in South Africa
South Africa: Real effective exchange rate index (2010 = 100) was 73.78 2010 = 100 in 2025. ▼ Falling
Real effective exchange rate index in South Africa, 1979–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in 2010 = 100.
Analysis
In 2025, real effective exchange rate index in South Africa stood at 73.78 2010 = 100.
Compared with earlier readings it is up 1.7% on the previous year and down 1.9% over ten years.
Over the whole period, real effective exchange rate index in South Africa peaked at 181.79 2010 = 100 in 1983 and was at its lowest, 69.82 2010 = 100, in 2023.
South Africa ranks 93rd of 95 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 47 years of available data.
Real effective exchange rate index (2010 = 100) in South Africa, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1979 | 151.44 2010 = 100 | — |
| 1980 | 165.59 2010 = 100 | +9.3% |
| 1981 | 174.38 2010 = 100 | +5.3% |
| 1982 | 165.25 2010 = 100 | -5.2% |
| 1983 | 181.79 2010 = 100 | +10.0% |
| 1984 | 160.44 2010 = 100 | -11.7% |
| 1985 | 121.76 2010 = 100 | -24.1% |
| 1986 | 112.39 2010 = 100 | -7.7% |
| 1987 | 126.92 2010 = 100 | +12.9% |
| 1988 | 120.78 2010 = 100 | -4.8% |
| 1989 | 121.66 2010 = 100 | +0.7% |
| 1990 | 125.23 2010 = 100 | +2.9% |
| 1991 | 130.15 2010 = 100 | +3.9% |
| 1992 | 134.31 2010 = 100 | +3.2% |
| 1993 | 131.64 2010 = 100 | -2.0% |
| 1994 | 126.04 2010 = 100 | -4.3% |
| 1995 | 122.62 2010 = 100 | -2.7% |
| 1996 | 112.8 2010 = 100 | -8.0% |
| 1997 | 119.24 2010 = 100 | +5.7% |
| 1998 | 109.65 2010 = 100 | -8.0% |
| 1999 | 103.71 2010 = 100 | -5.4% |
| 2000 | 100.56 2010 = 100 | -3.0% |
| 2001 | 88.79 2010 = 100 | -11.7% |
| 2002 | 76.11 2010 = 100 | -14.3% |
| 2003 | 98.83 2010 = 100 | +29.9% |
| 2004 | 104.76 2010 = 100 | +6.0% |
| 2005 | 104.64 2010 = 100 | -0.1% |
| 2006 | 98.67 2010 = 100 | -5.7% |
| 2007 | 92.15 2010 = 100 | -6.6% |
| 2008 | 80.38 2010 = 100 | -12.8% |
| 2009 | 87.49 2010 = 100 | +8.8% |
| 2010 | 100 2010 = 100 | +14.3% |
| 2011 | 98.27 2010 = 100 | -1.7% |
| 2012 | 92.43 2010 = 100 | -5.9% |
| 2013 | 82.11 2010 = 100 | -11.2% |
| 2014 | 77.1 2010 = 100 | -6.1% |
| 2015 | 75.23 2010 = 100 | -2.4% |
| 2016 | 70.71 2010 = 100 | -6.0% |
| 2017 | 79.68 2010 = 100 | +12.7% |
| 2018 | 80.84 2010 = 100 | +1.5% |
| 2019 | 78.26 2010 = 100 | -3.2% |
| 2020 | 71.07 2010 = 100 | -9.2% |
| 2021 | 77.68 2010 = 100 | +9.3% |
| 2022 | 75.99 2010 = 100 | -2.2% |
| 2023 | 69.82 2010 = 100 | -8.1% |
| 2024 | 72.58 2010 = 100 | +3.9% |
| 2025 | 73.78 2010 = 100 | +1.7% |
South Africa compared with similar countries
- South Africa's 73.78 2010 = 100 is below the median for upper middle income countries, which is 104.65 2010 = 100, 71% of the median. (25 countries reporting)
- South Africa's 73.78 2010 = 100 is below the median for Sub-Saharan Africa, which is 104.48 2010 = 100, 71% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 151.44 2010 = 100 | 151.44 2010 = 100 | 151.44 2010 = 100 | 1 |
| 1980s | 145.1 2010 = 100 | 112.39 2010 = 100 | 181.79 2010 = 100 | 10 |
| 1990s | 121.54 2010 = 100 | 103.71 2010 = 100 | 134.31 2010 = 100 | 10 |
| 2000s | 93.24 2010 = 100 | 76.11 2010 = 100 | 104.76 2010 = 100 | 10 |
| 2010s | 83.46 2010 = 100 | 70.71 2010 = 100 | 100 2010 = 100 | 10 |
| 2020s | 73.49 2010 = 100 | 69.82 2010 = 100 | 77.68 2010 = 100 | 6 |
Countries ranked near South Africa
More financial sector data for South Africa
- Reserve position in the IMF, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.81 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.0607 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 10.08 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0021 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.81 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.0607 % change on previous year (2025)
Frequently asked questions
- What is real effective exchange rate index in South Africa?
- Real effective exchange rate index in South Africa was 73.78 2010 = 100 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real effective exchange rate index recorded in South Africa?
- The highest recorded value was 181.79 2010 = 100 in 1983.
- What is the lowest real effective exchange rate index recorded in South Africa?
- The lowest recorded value was 69.82 2010 = 100 in 2023.
- How does South Africa rank for real effective exchange rate index?
- South Africa ranks 93rd out of 95 countries with data for 2025.
- Is real effective exchange rate index rising or falling in South Africa?
- Over the last ten years it is down 1.9%. The long-run trend across the full record is falling.
- Where does this South Africa data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real effective exchange rate index (2010 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 is an index series where 2010=100.