Real effective exchange rate index in South Africa
South Africa: Real effective exchange rate index was 73.68 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 73.68 2010 = 100.
Compared with earlier readings it is up 1.6% 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 181.2 2010 = 100 in 1983 and was at its lowest, 69.73 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 in South Africa, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1979 | 150.95 2010 = 100 | — |
| 1980 | 165.05 2010 = 100 | +9.3% |
| 1981 | 173.82 2010 = 100 | +5.3% |
| 1982 | 164.71 2010 = 100 | -5.2% |
| 1983 | 181.2 2010 = 100 | +10.0% |
| 1984 | 159.91 2010 = 100 | -11.7% |
| 1985 | 121.36 2010 = 100 | -24.1% |
| 1986 | 112.02 2010 = 100 | -7.7% |
| 1987 | 126.51 2010 = 100 | +12.9% |
| 1988 | 120.39 2010 = 100 | -4.8% |
| 1989 | 121.27 2010 = 100 | +0.7% |
| 1990 | 124.76 2010 = 100 | +2.9% |
| 1991 | 129.64 2010 = 100 | +3.9% |
| 1992 | 133.56 2010 = 100 | +3.0% |
| 1993 | 130.83 2010 = 100 | -2.0% |
| 1994 | 125.35 2010 = 100 | -4.2% |
| 1995 | 121.89 2010 = 100 | -2.8% |
| 1996 | 112.34 2010 = 100 | -7.8% |
| 1997 | 118.75 2010 = 100 | +5.7% |
| 1998 | 108.87 2010 = 100 | -8.3% |
| 1999 | 103.06 2010 = 100 | -5.3% |
| 2000 | 99.89 2010 = 100 | -3.1% |
| 2001 | 88.1 2010 = 100 | -11.8% |
| 2002 | 75.59 2010 = 100 | -14.2% |
| 2003 | 98.35 2010 = 100 | +30.1% |
| 2004 | 104.38 2010 = 100 | +6.1% |
| 2005 | 104.33 2010 = 100 | -0.0% |
| 2006 | 98.35 2010 = 100 | -5.7% |
| 2007 | 91.96 2010 = 100 | -6.5% |
| 2008 | 80.17 2010 = 100 | -12.8% |
| 2009 | 87.23 2010 = 100 | +8.8% |
| 2010 | 100 2010 = 100 | +14.6% |
| 2011 | 98.41 2010 = 100 | -1.6% |
| 2012 | 92.63 2010 = 100 | -5.9% |
| 2013 | 82.2 2010 = 100 | -11.3% |
| 2014 | 77.11 2010 = 100 | -6.2% |
| 2015 | 75.12 2010 = 100 | -2.6% |
| 2016 | 70.6 2010 = 100 | -6.0% |
| 2017 | 79.6 2010 = 100 | +12.7% |
| 2018 | 80.71 2010 = 100 | +1.4% |
| 2019 | 78.09 2010 = 100 | -3.2% |
| 2020 | 70.9 2010 = 100 | -9.2% |
| 2021 | 77.57 2010 = 100 | +9.4% |
| 2022 | 75.91 2010 = 100 | -2.1% |
| 2023 | 69.73 2010 = 100 | -8.1% |
| 2024 | 72.51 2010 = 100 | +4.0% |
| 2025 | 73.68 2010 = 100 | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 150.95 2010 = 100 | 150.95 2010 = 100 | 150.95 2010 = 100 | 1 |
| 1980s | 144.62 2010 = 100 | 112.02 2010 = 100 | 181.2 2010 = 100 | 10 |
| 1990s | 120.91 2010 = 100 | 103.06 2010 = 100 | 133.56 2010 = 100 | 10 |
| 2000s | 92.83 2010 = 100 | 75.59 2010 = 100 | 104.38 2010 = 100 | 10 |
| 2010s | 83.45 2010 = 100 | 70.6 2010 = 100 | 100 2010 = 100 | 10 |
| 2020s | 73.38 2010 = 100 | 69.73 2010 = 100 | 77.57 2010 = 100 | 6 |
Countries ranked near South Africa
More financial sector data for South Africa
- Net domestic credit (current LCU), per capita 95,301 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 14.44 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 11.21 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 141.22 million SDR (2025)
- Gold reserves at market value 12.87 billion SDR (2025)
- Reserves excluding gold, foreign exchange 37.46 billion SDR (2025)
- Reserves excluding gold 42.64 billion SDR (2025)
- Total reserves (gold at market value) 55.51 billion SDR (2025)
- Total reserves (gold at national valuation) 55.42 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 855.88 SDR per person (2025)
Frequently asked questions
- What is real effective exchange rate index in South Africa?
- Real effective exchange rate index in South Africa was 73.68 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 181.2 2010 = 100 in 1983.
- What is the lowest real effective exchange rate index recorded in South Africa?
- The lowest recorded value was 69.73 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.