Central African Republic Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Central African Republic's real effective exchange rate was 127.99 in 2024, ranked 96th globally. This represents a 0.4% decrease from 2023. Data from BIS, covering 1980–2024.
Overview
Central African Republic's real effective exchange rate stood at 127.99 in 2024, a decline of +0.53 from 2023. Based on recent trends, this figure is projected to reach 127.60 by 2025. Central African Republic ranked 96th globally.
The Central African Republic's Real Effective Exchange Rate has experienced a significant decline since its all-time peak in 1980, when it reached 203.05. This marked a period of economic instability, which was further exacerbated by the country's involvement in regional conflicts. Conversely, the real effective exchange rate hit its all-time trough in 1994, reaching 83.17, a value that remains lower than the global average as of 2024, when it stood at 127.99. Despite this, the country's current real effective exchange rate is closer to the levels seen in peer countries such as the Democratic Republic of the Congo, which ranked 127.59 globally in 2024. The trajectory of the Central African Republic's real effective exchange rate over the past 45 years is marked by volatility, with fluctuations largely driven by external factors. A sustained improvement in the country's economic fundamentals, coupled with a more stable regional environment, could potentially alter the trajectory of the real effective exchange rate, leading to a more competitive exchange rate over the coming years.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 127.22 | - | - |
| 2026* trend | 127.41 | - | - |
| 2025* trend | 127.60 | - | - |
| 2024 | 127.99 | −0.53 | #96 |
| 2023 | 128.52 | +2.70 | #98 |
| 2022 | 125.83 | −4.84 | #94 |
| 2021 | 130.67 | +2.79 | #103 |
| 2020 | 127.88 | +2.66 | #99 |
| 2019 | 125.22 | −0.73 | #98 |
| 2018 | 125.95 | +3.37 | #102 |
| 2017 | 122.57 | +3.81 | #97 |
| 2016 | 118.76 | +6.12 | #93 |
| 2015 | 112.64 | −7.22 | #87 |
| 2014 | 119.87 | +14.68 | #98 |
| 2013 | 105.19 | +7.74 | #80 |
| 2012 | 97.45 | −0.96 | #40 |
| 2011 | 98.41 | −1.59 | #31 |
| 2010 | 100.00 | −6.63 | #20 |
Analysis
Central African Republic's real effective exchange rate was 127.99 in 2024, a decline of −0.53 from 2023. Based on trends, estimated 127.60 by 2025.
Frequently Asked Questions
Central African Republic's real effective exchange rate was 127.99 in 2024. Ranked 96th globally. This represents a 0.4% decrease from the previous year.
Central African Republic's real effective exchange rate peaked at 203.05 in 1980.
The lowest real effective exchange rate in Central African Republic was 83.17 in 1994.
Central African Republic ranks 96th globally in real effective exchange rate as of 2024.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Central African Republic's real effective exchange rate is projected to reach 127.60 by 2025 based on trend extrapolation.
The real effective exchange rate of Central African Republic in 2024 was 127.99. This ranks 96th in the world.
Cite this page
@misc{historysaid_central-african-republic_reer,
title = {Central African Republic Real Effective Exchange Rate},
url = {https://historysaid.com/central-african-republic/reer/},
publisher = {HistorySaid},
year = {2026}
}