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Cameroon Real Effective Exchange Rate

Real effective exchange rate index  PX.REX.REER

Cameroon's real effective exchange rate was 108.82 in 2024, ranked 70th globally. This represents a 3.7% increase from 2023. Data from BIS, covering 1980–2024.

108.82 +3.90 (+3.7%)
Year 2024 Rank #70 Global Peak 169.15 (1987) Source BIS

Cameroon Real Effective Exchange Rate (1980–2024)

Overview

Cameroon's real effective exchange rate stood at 108.82 in 2024, a rise of +3.90 from 2023. Based on recent trends, this figure is projected to reach 109.03 by 2025. Cameroon ranked 70th globally.

Cameroon's real effective exchange rate has exhibited significant fluctuations over the past 45 years. The country's all-time peak occurred in 1987, with a value of 169.15, indicating a strong currency at that time. Conversely, the all-time trough was recorded in 1994, with a value of 90.26, which implies a depreciated currency. Notably, the real effective exchange rate has been trending downwards since the 1980s, with the latest value standing at 108.82 in 2024, ranking it 70th globally. For comparison, the United Kingdom, a peer country, has a similar real effective exchange rate of 108.37. Since 1994, the real effective exchange rate has recovered and stabilized around its current level. However, any significant shift in global commodity prices or economic policies could alter Cameroon's trajectory and impact the country's currency dynamics, potentially leading to further adjustments in the real effective exchange rate.

Data & projection

Year Real Effective Exchange Rate YoY change Rank
2027* trend 113.69 - -
2026* trend 111.36 - -
2025* trend 109.03 - -
2024 108.82 +3.90 #70
2023 104.92 +8.05 #63
2022 96.87 −2.97 #43
2021 99.83 +0.14 #55
2020 99.70 +2.95 #48
2019 96.74 −1.02 #42
2018 97.76 +1.43 #45
2017 96.33 +0.82 #43
2016 95.51 +1.97 #40
2015 93.54 −6.21 #32
2014 99.75 +0.81 #54
2013 98.95 +2.52 #43
2012 96.43 −3.79 #28
2011 100.22 +0.22 #54
2010 100.00 −6.47 #26
Show all years (1980-2024)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +69.0% GDP growth 4.3% C/A balance 1.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Cameroon matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw real effective exchange rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Cameroon's real effective exchange rate?▾

Cameroon's real effective exchange rate was 108.82 in 2024. Ranked 70th globally. This represents a 3.7% increase from the previous year.

What was the highest real effective exchange rate in Cameroon?▾

Cameroon's real effective exchange rate peaked at 169.15 in 1987.

What was the lowest real effective exchange rate in Cameroon?▾

The lowest real effective exchange rate in Cameroon was 90.26 in 1994.

How does Cameroon rank in real effective exchange rate?▾

Cameroon ranks 70th globally in real effective exchange rate as of 2024.

What is the World Bank indicator code for real effective exchange rate?▾

The World Bank indicator code is PX.REX.REER. Data sourced from BIS.

What is the projected real effective exchange rate of Cameroon in 2025?▾

Cameroon's real effective exchange rate is projected to reach 109.03 by 2025 based on trend extrapolation.

What is the real effective exchange rate of Cameroon in 2024?▾

The real effective exchange rate of Cameroon in 2024 was 108.82. This ranks 70th in the world.

Cite this page

APA
Cameroon Real Effective Exchange Rate. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/cameroon/reer/
BibTeX
@misc{historysaid_cameroon_reer, title = {Cameroon Real Effective Exchange Rate}, url = {https://historysaid.com/cameroon/reer/}, publisher = {HistorySaid}, year = {2026} }
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