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Argentina – Real Effective Exchange Rate

Real effective exchange rate index (2010 = 100). Nominal effective exchange rate adjusted for relative consumer price levels. A rise indicates real appreciation. · BIS

126.81 −8.03 from 2025 G20 rank: 59th · all-time high: 498.67 (2001)

APA

Argentina Real Effective Exchange Rate. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/argentina/reer

BibTeX

@misc{historysaid_argentina_reer,
  title = {Argentina Real Effective Exchange Rate},
  url = {https://historysaid.com/argentina/reer},
  publisher = {HistorySaid},
  year = {2026}
}

Data & Projection▾

Year	Value	Change	Rank
2029* trend	134.31	–	–
2028* trend	133.18	–	–
2027* trend	132.04	–	–
2026	126.81	−8.03	59th
2025	134.84	+5.12	62nd
2024	129.72	+3.12	99th
2023	126.60	+1.33	94th
2022	125.27	+22.18	93rd
2021	103.10	+3.10	71st
2020	100.00	+1.15	52nd
2019	98.85	−12.70	51st
2018	111.55	−24.73	87th
2017	136.28	+7.74	103rd
2016	128.54	−27.04	99th
2015	155.58	+21.24	106th
2014	134.33	−28.76	104th
2013	163.09	−14.55	106th
2012	177.64	+5.68	106th
2011	171.97	−8.47	106th
2010	180.44	−6.41	106th
2009	186.85	−12.75	106th
2008	199.60	−5.59	106th
2007	205.19	−5.46	106th
2006	210.65	−5.03	106th
2005	215.69	−2.96	106th
2004	218.65	−8.70	106th
2003	227.36	+1.27	106th
2002	226.09	−272.59	106th
2001	498.67	+23.27	106th
2000	475.41	−3.37	105th
1999	478.78	+42.58	106th
1998	436.20	+16.53	106th
1997	419.67	+12.09	106th
1996	407.58	−8.09	106th
1995	415.67	−27.70	106th
1994	443.37	–	106th

Show all years (1994–2026)

* Linear trend extrapolation from last 5 data points

Detected Pattern▾

Orthodox Tightening Cycle

Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.

Inflation 219.9% Rate 61.7% Gap -158.2pp Reserves YoY +28.1%

This pattern occurred 271 times in G20 history, 157 successful

Angola 2024

Inflation

28.2%

Rate

19.4%

Gap

-8.8pp

Reserves YoY

+2.2%

Argentina 2024

Inflation

219.9%

Rate

61.7%

Gap

-158.2pp

Reserves YoY

+28.1%

Egypt, Arab Republic of 2024

Inflation

28.3%

Rate

24.3%

Gap

-4.0pp

Reserves YoY

+35.8%

Egypt, Arab Republic of 2023

Inflation

33.9%

Rate

17.8%

Gap

-16.1pp

Reserves YoY

+2.9%

Gambia, The 2023

Inflation

17.0%

Rate

20.8%

Gap

+3.8pp

Reserves YoY

+1.5%

Hungary 2023

Inflation

17.1%

Rate

15.3%

Gap

-1.8pp

Reserves YoY

+10.9%

HistorySaid – pattern alert

Argentina matched the Orthodox Tightening Cycle pattern in 2024. Historically, 58% of countries showing this pattern (157 out of 271) saw real effective exchange rate improve within 24 months. View full analysis →