Real effective exchange rate index in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Real effective exchange rate index was 741.86 2010 = 100 in 2016. ◆ Volatile
Real effective exchange rate index in Venezuela, Bolivarian Republic of, 1980–2016
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in 2010 = 100.
Analysis
In 2016, real effective exchange rate index in Venezuela, Bolivarian Republic of stood at 741.86 2010 = 100. That is the highest value across all 37 years on record.
The figure is up 139.5% on the previous year and up 1,183.3% over ten years.
Over the whole period, real effective exchange rate index in Venezuela, Bolivarian Republic of peaked at 741.86 2010 = 100 in 2016 and was at its lowest, 36.85 2010 = 100, in 1990.
That places Venezuela, Bolivarian Republic of 2nd out of 95 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 72.32 2010 = 100 | 41.77 2010 = 100 | 103.59 2010 = 100 | 10 |
| 1990s | 49.59 2010 = 100 | 36.85 2010 = 100 | 76.99 2010 = 100 | 10 |
| 2000s | 69.58 2010 = 100 | 54.59 2010 = 100 | 99.06 2010 = 100 | 10 |
| 2010s | 217.08 2010 = 100 | 70.8 2010 = 100 | 741.86 2010 = 100 | 7 |
Countries ranked near Venezuela, Bolivarian Republic of
More financial sector data for Venezuela, Bolivarian Republic of
- Net domestic credit (current LCU), per capita 0 current LCU per person (2013)
- Net domestic credit (current LCU), per unit of GDP 0 current LCU per US$ of GDP (2013)
- Net domestic credit (current LCU), annual growth rate 75.91 % change on previous year (2013)
- Gold reserves at 35 SDRs per ounce 182.48 million SDR (2017)
- Gold reserves at market value 4.75 billion SDR (2017)
- Reserves excluding gold, foreign exchange 1.24 billion SDR (2017)
- Reserves excluding gold 2.13 billion SDR (2017)
- Total reserves (gold at market value) 6.88 billion SDR (2017)
- Total reserves (gold at national valuation) 6.78 billion SDR (2017)
- Total reserves (gold at national valuation) (SDR), per capita 221.95 SDR per person (2017)
Frequently asked questions
- What is real effective exchange rate index in Venezuela, Bolivarian Republic of?
- Real effective exchange rate index in Venezuela, Bolivarian Republic of was 741.86 2010 = 100 in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real effective exchange rate index recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 741.86 2010 = 100 in 2016.
- What is the lowest real effective exchange rate index recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 36.85 2010 = 100 in 1990.
- How does Venezuela, Bolivarian Republic of rank for real effective exchange rate index?
- Venezuela, Bolivarian Republic of ranks 2nd out of 95 countries with data for 2016.
- Is real effective exchange rate index rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is up 1,183.3%. 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 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.
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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 is an index series where 2010=100.