Argentina - Real Effective Exchange Rate 2024
Argentina's real effective exchange rate was 129.72 in 2024, increased +3.12 from 126.60 in 2023. This was the 99th highest globally.
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Japan | 55.02 | -26.5% |
| 2nd | Brazil | 60.70 | -46.6% |
| 3rd | Nigeria | 63.92 | -44.7% |
| 4th | Ghana | 67.82 | -4.8% |
| 5th | South Africa | 72.60 | -26.0% |
| 6th | Zambia | 73.28 | -13.3% |
| 7th | Norway | 73.67 | -22.0% |
| 8th | Colombia | 74.58 | -23.5% |
| 9th | Lesotho | 77.78 | 4.1% |
| 10th | Russian Federation | 80.03 | -21.7% |
| 11th | Canada | 80.51 | -19.8% |
| 12th | Malaysia | 80.96 | -15.0% |
| 13th | Chile | 84.16 | -22.9% |
| 14th | Malawi | 84.16 | -15.4% |
| 15th | Sweden | 84.55 | -10.6% |
| 16th | Dominican Republic | 85.79 | -5.0% |
| 17th | Greece | 87.35 | -12.2% |
| 18th | Ukraine | 87.58 | -4.6% |
| 19th | Cyprus | 88.06 | -12.9% |
| 20th | Grenada | 88.29 | -1.5% |
| 21st | Ireland | 88.81 | -11.5% |
| 22nd | St. Kitts and Nevis | 90.05 | -2.1% |
| 23rd | France | 91.97 | -5.0% |
| 24th | Australia | 92.05 | -13.5% |
| 25th | Malta | 92.46 | -6.6% |
| 26th | Korea | 92.51 | -4.3% |
| 27th | Hungary | 93.21 | -15.7% |
| 28th | Tunisia | 93.22 | 5.2% |
| 29th | Dominica | 93.87 | 0.4% |
| 30th | Thailand | 94.16 | -0.9% |
| 31st | Denmark | 94.21 | -3.7% |
| 32nd | Italy | 95.03 | -5.3% |
| 33rd | Türkiye | 95.25 | 12.0% |
| 34th | Portugal | 95.58 | -2.7% |
| 35th | Hong Kong SAR, China | 95.66 | -3.1% |
| 36th | Bahamas, The | 96.21 | -2.4% |
| 37th | St. Lucia | 97.14 | -3.4% |
| 38th | Spain | 97.26 | -2.9% |
| 39th | Germany | 97.48 | -2.7% |
| 40th | Croatia | 98.16 | -5.1% |
| 41st | Luxembourg | 98.57 | 0.9% |
| 42nd | Finland | 98.77 | -1.7% |
| 43rd | Indonesia | 100.09 | -1.7% |
| 44th | Mexico | 100.21 | -23.3% |
| 45th | Gabon | 100.87 | -0.1% |
| 46th | Nicaragua | 100.96 | 2.3% |
| 47th | Morocco | 101.08 | 3.1% |
| 48th | Côte d'Ivoire | 101.34 | 2.5% |
| 49th | Slovenia | 101.51 | -0.3% |
| 50th | India | 102.05 | 2.7% |
| 51st | Equatorial Guinea | 102.34 | 1.4% |
| 52nd | United Arab Emirates | 102.36 | 0.5% |
| 53rd | Pakistan | 102.52 | 12.1% |
| 54th | Peru | 102.88 | 1.6% |
| 55th | Belgium | 103.68 | 3.0% |
| 56th | Gambia, The | 103.72 | -1.3% |
| 57th | Bosnia and Herzegovina | 103.83 | -0.7% |
| 58th | Bahrain | 103.91 | -0.5% |
| 59th | Netherlands | 104.63 | 3.0% |
| 60th | St. Vincent and the Grenadines | 105.91 | 1.1% |
| 61st | Algeria | 106.12 | -4.8% |
| 62nd | New Zealand | 106.18 | 0.5% |
| 63rd | Belize | 106.28 | 1.2% |
| 64th | Israel | 106.35 | 12.5% |
| 65th | Togo | 106.91 | 3.5% |
| 66th | Paraguay | 106.97 | 0.4% |
| 67th | Austria | 107.64 | 5.0% |
| 68th | Fiji | 108.16 | 1.6% |
| 69th | United Kingdom | 108.37 | 1.9% |
| 70th | Cameroon | 108.82 | 3.7% |
| 71st | Uganda | 110.18 | 2.3% |
| 72nd | Switzerland | 110.84 | 10.5% |
| 73rd | North Macedonia | 110.90 | 1.0% |
| 74th | Romania | 111.64 | 1.4% |
| 75th | Georgia | 112.13 | -6.2% |
| 76th | Lithuania | 112.75 | -1.8% |
| 77th | Guyana | 112.79 | 0.3% |
| 78th | Poland | 113.01 | 0.0% |
| 79th | China | 113.12 | 20.6% |
| 80th | Sierra Leone | 113.43 | 19.4% |
| 81st | Philippines | 113.68 | 12.2% |
| 82nd | Slovak Republic | 113.87 | 5.6% |
| 83rd | Serbia | 114.71 | 2.4% |
| 84th | Latvia | 115.81 | 6.0% |
| 85th | Antigua and Barbuda | 116.10 | 2.3% |
| 86th | Samoa | 116.58 | -0.3% |
| 87th | Bulgaria | 117.79 | 5.3% |
| 88th | Estonia | 118.28 | 1.6% |
| 89th | Costa Rica | 119.07 | 3.6% |
| 90th | Saudi Arabia | 119.66 | 17.0% |
| 91st | Czechia | 120.33 | -4.2% |
| 92nd | Singapore | 120.99 | 7.5% |
| 93rd | Papua New Guinea | 121.48 | -6.8% |
| 94th | Armenia | 122.33 | -3.3% |
| 95th | Congo, Democratic Republic of | 127.59 | 0.5% |
| 96th | Central African Republic | 127.99 | -0.4% |
| 97th | Trinidad and Tobago | 128.43 | -1.0% |
| 98th | Uruguay | 128.79 | 1.0% |
| 99th | Argentina | 129.72 | 2.5% |
| 100th | United States | 130.60 | 21.7% |
| 101st | Iceland | 137.80 | 25.1% |
| 102nd | Solomon Islands | 139.57 | 2.7% |
| 103rd | Burundi | 141.13 | 4.1% |
| 104th | Bolivia, Plurinational State of | 156.58 | 5.2% |
| 105th | Moldova | 180.67 | 4.3% |
| 106th | Iran, Islamic Republic of | 625.71 | 31.0% |
FAQ
Argentina's real effective exchange rate in 2024 was 129.72. This ranked 99th globally.
Argentina's real effective exchange rate increased by 2.5% in 2024 compared to 2023.
Iran, Islamic Republic of had the highest real effective exchange rate in 2024 at 625.71.
The real effective exchange rate of Argentina in 2024 was 129.72. This ranked 99th globally.
Argentina's real effective exchange rate went from 126.60 in 2023 to 129.72 in 2024, a 2.5% increase.
Argentina matched the Orthodox Tightening Cycle pattern in 2024. Historically: 311 occurrences, 177 successful (57%). View full analysis →