Argentina - Real Effective Exchange Rate 2021
Argentina's real effective exchange rate was 103.10 in 2021, increased +3.10 from 100.00 in 2020. This was the 71st highest globally.
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Brazil | 53.79 | -46.2% |
| 2nd | Colombia | 65.81 | -34.2% |
| 3rd | Zambia | 69.77 | 5.0% |
| 4th | Japan | 70.69 | -29.3% |
| 5th | Ghana | 74.27 | -0.5% |
| 6th | South Africa | 77.68 | -22.3% |
| 7th | Russian Federation | 79.43 | -20.6% |
| 8th | Mexico | 81.64 | -18.4% |
| 9th | Lesotho | 81.69 | 8.7% |
| 10th | Norway | 83.09 | -16.9% |
| 11th | Malaysia | 83.28 | -16.7% |
| 12th | Dominican Republic | 83.34 | 1.5% |
| 13th | Canada | 84.76 | -15.2% |
| 14th | Tunisia | 85.85 | 0.8% |
| 15th | Hungary | 86.10 | -13.9% |
| 16th | Algeria | 86.80 | -13.2% |
| 17th | Chile | 87.50 | -12.5% |
| 18th | Greece | 87.67 | -12.3% |
| 19th | Cyprus | 87.68 | -12.3% |
| 20th | Ireland | 88.22 | -11.8% |
| 21st | Peru | 88.24 | -11.8% |
| 22nd | Türkiye | 89.89 | -10.1% |
| 23rd | Malawi | 90.18 | -4.7% |
| 24th | Sweden | 90.28 | -9.7% |
| 25th | Australia | 90.54 | -9.5% |
| 26th | Georgia | 91.17 | 1.8% |
| 27th | Poland | 92.59 | -7.4% |
| 28th | Grenada | 92.86 | -3.0% |
| 29th | Nicaragua | 93.03 | -3.1% |
| 30th | Malta | 93.13 | -6.9% |
| 31st | Croatia | 93.99 | -6.0% |
| 32nd | Ukraine | 94.13 | 2.3% |
| 33rd | St. Kitts and Nevis | 94.17 | -3.1% |
| 34th | Dominica | 94.29 | -1.1% |
| 35th | France | 94.42 | -5.6% |
| 36th | Thailand | 94.45 | -5.6% |
| 37th | Italy | 94.92 | -5.1% |
| 38th | United Arab Emirates | 94.93 | -5.1% |
| 39th | Denmark | 95.97 | -4.0% |
| 40th | Portugal | 96.65 | -3.3% |
| 41st | Gambia, The | 96.90 | 1.5% |
| 42nd | Germany | 97.14 | -2.9% |
| 43rd | Spain | 97.28 | -2.7% |
| 44th | Finland | 97.81 | -2.2% |
| 45th | Togo | 97.83 | 1.9% |
| 46th | Costa Rica | 98.00 | -9.1% |
| 47th | Indonesia | 98.50 | -1.5% |
| 48th | St. Lucia | 98.58 | -2.2% |
| 49th | Uganda | 98.72 | 1.5% |
| 50th | Bosnia and Herzegovina | 99.40 | -0.6% |
| 51st | Côte d'Ivoire | 99.55 | 2.0% |
| 52nd | Romania | 99.56 | -0.4% |
| 53rd | Slovenia | 99.65 | -0.4% |
| 54th | Bahamas, The | 99.75 | -1.7% |
| 55th | Cameroon | 99.83 | 0.1% |
| 56th | India | 99.90 | -0.1% |
| 57th | Armenia | 100.26 | -2.0% |
| 58th | Pakistan | 100.28 | 2.8% |
| 59th | North Macedonia | 100.43 | 0.4% |
| 60th | St. Vincent and the Grenadines | 100.89 | -3.0% |
| 61st | Luxembourg | 101.17 | 1.2% |
| 62nd | Belgium | 101.40 | 1.4% |
| 63rd | Estonia | 101.72 | 1.7% |
| 64th | Serbia | 101.78 | 1.8% |
| 65th | Lithuania | 101.79 | 1.8% |
| 66th | Belize | 101.95 | -2.3% |
| 67th | Netherlands | 102.10 | 2.1% |
| 68th | Gabon | 102.14 | -1.1% |
| 69th | Bahrain | 102.30 | -4.6% |
| 70th | United Kingdom | 102.62 | 2.6% |
| 71st | Argentina | 103.10 | 3.1% |
| 72nd | Morocco | 103.18 | 3.2% |
| 73rd | Singapore | 103.41 | 3.4% |
| 74th | Slovak Republic | 103.72 | 3.7% |
| 75th | Austria | 104.00 | 4.0% |
| 76th | Samoa | 104.08 | 0.5% |
| 77th | Czechia | 104.87 | 4.9% |
| 78th | Latvia | 105.02 | 5.0% |
| 79th | Switzerland | 105.52 | 5.5% |
| 80th | Equatorial Guinea | 105.85 | -2.2% |
| 81st | Uruguay | 106.21 | -2.2% |
| 82nd | Sierra Leone | 106.66 | -0.5% |
| 83rd | Bulgaria | 106.75 | 6.8% |
| 84th | New Zealand | 107.61 | 7.6% |
| 85th | Paraguay | 107.76 | -1.0% |
| 86th | Guyana | 108.33 | 0.9% |
| 87th | Antigua and Barbuda | 108.36 | -3.4% |
| 88th | Fiji | 108.37 | -1.8% |
| 89th | Philippines | 111.12 | 11.1% |
| 90th | Saudi Arabia | 113.56 | 13.6% |
| 91st | Israel | 114.32 | 14.3% |
| 92nd | United States | 115.63 | 15.6% |
| 93rd | Burundi | 116.67 | 0.3% |
| 94th | Nigeria | 117.04 | -2.1% |
| 95th | Congo, Democratic Republic of | 118.31 | -6.3% |
| 96th | Papua New Guinea | 122.53 | -3.9% |
| 97th | Trinidad and Tobago | 123.94 | -3.2% |
| 98th | Solomon Islands | 124.75 | -3.9% |
| 99th | Hong Kong SAR, China | 125.88 | 25.9% |
| 100th | Iceland | 126.72 | 26.7% |
| 101st | China | 127.32 | 27.3% |
| 102nd | Moldova | 128.41 | -2.7% |
| 103rd | Central African Republic | 130.67 | 2.2% |
| 104th | Korea | 138.97 | 39.0% |
| 105th | Bolivia, Plurinational State of | 152.44 | -4.1% |
| 106th | Iran, Islamic Republic of | 230.38 | 37.5% |
FAQ
Argentina's real effective exchange rate in 2021 was 103.10. This ranked 71st globally.
Argentina's real effective exchange rate increased by 3.1% in 2021 compared to 2020.
Iran, Islamic Republic of had the highest real effective exchange rate in 2021 at 230.38.
The real effective exchange rate of Argentina in 2021 was 103.10. This ranked 71st globally.
Argentina's real effective exchange rate went from 100.00 in 2020 to 103.10 in 2021, a 3.1% increase.
Argentina matched the Orthodox Tightening Cycle pattern in 2021. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 133.5%. View full analysis →