Cyprus – Real Effective Exchange Rate 2022

Real effective exchange rate index (2010 = 100). Nominal effective exchange rate adjusted for relative consumer price levels. A rise indicates real appreciation. · BIS
86.59 −13.92 from 2021 G20 rank: 17th

Cyprus's real effective exchange rate was 86.59 in 2022, decreased +13.92 from 87.68 in 2021. This was the 17th highest in the G20.

G20 Ranking – 2022
RankCountryValueYoY
1st Brazil 60.41 -37.5%
2nd Japan 61.19 -33.0%
3rd Colombia 62.78 -34.9%
4th Ghana 71.31 -4.0%
5th South Africa 76.12 -30.6%
6th Lesotho 80.24 -1.8%
7th Norway 80.95 -23.7%
8th Hungary 82.26 -18.1%
9th Malaysia 82.35 -16.6%
10th Türkiye 82.61 -8.1%
11th Canada 84.23 -19.6%
12th Chile 84.56 -18.0%
13th Sweden 84.90 -17.4%
14th Ireland 85.25 -14.7%
15th Mexico 86.02 -18.7%
16th Tunisia 86.47 0.7%
17th Cyprus 86.59 -13.8%
18th Greece 87.57 -11.6%
19th Malta 89.30 -10.2%
20th France 90.16 -9.2%
21st Zambia 91.01 30.4%
22nd Australia 91.10 -14.1%
23rd Dominican Republic 91.32 9.6%
24th Grenada 91.58 -1.4%
25th Algeria 92.33 -2.9%
26th St. Kitts and Nevis 92.76 -1.5%
27th Italy 93.17 -6.5%
28th Dominica 93.63 -0.7%
29th Germany 93.78 -6.9%
30th Thailand 93.83 -0.7%
31st Malawi 93.87 4.1%
32nd Poland 94.05 -5.7%
33rd Denmark 94.33 -4.7%
34th Portugal 94.36 -4.5%
35th Finland 94.58 -4.9%
36th Croatia 94.73 -5.5%
37th Côte d'Ivoire 94.76 -4.8%
38th Ukraine 95.03 1.0%
39th Peru 95.39 8.1%
40th Togo 95.60 -2.3%
41st Spain 96.29 -4.5%
42nd Korea 96.36 -3.7%
43rd Cameroon 96.87 -3.0%
44th Nicaragua 97.15 4.4%
45th Pakistan 97.23 -3.0%
46th Gabon 97.40 -4.6%
47th Luxembourg 98.30 -1.9%
48th Hong Kong SAR, China 98.77 2.6%
49th Equatorial Guinea 99.04 -6.4%
50th Bahamas, The 99.05 -0.7%
51st Slovenia 99.15 -0.5%
52nd Costa Rica 99.88 1.9%
53rd Morocco 99.92 -1.3%
54th India 100.87 1.0%
55th St. Lucia 100.95 2.4%
56th Belgium 101.11 0.9%
57th United Kingdom 101.27 -2.5%
58th Indonesia 101.40 2.9%
59th United Arab Emirates 102.07 7.5%
60th Bosnia and Herzegovina 102.19 2.8%
61st Netherlands 102.30 2.1%
62nd Russian Federation 102.30 4.0%
63rd Austria 102.74 2.5%
64th Uganda 102.90 4.2%
65th Gambia, The 102.98 6.3%
66th Romania 103.28 2.3%
67th Serbia 103.38 1.6%
68th Sierra Leone 103.57 -2.9%
69th North Macedonia 104.58 3.9%
70th Belize 104.90 2.9%
71st St. Vincent and the Grenadines 105.46 4.5%
72nd New Zealand 105.81 -0.6%
73rd Switzerland 105.90 8.7%
74th Slovak Republic 106.32 6.1%
75th Bahrain 106.75 4.3%
76th Fiji 108.19 -0.2%
77th Lithuania 108.96 7.0%
78th Estonia 109.00 7.2%
79th Latvia 109.39 9.2%
80th Georgia 109.64 20.3%
81st Philippines 109.75 9.7%
82nd Paraguay 109.91 2.0%
83rd Singapore 109.96 10.0%
84th Bulgaria 112.07 10.4%
85th Samoa 112.21 7.8%
86th Guyana 112.89 4.2%
87th Israel 114.85 12.0%
88th Czechia 115.31 10.3%
89th Antigua and Barbuda 115.74 6.8%
90th Armenia 117.55 17.2%
91st Uruguay 118.12 11.2%
92nd Saudi Arabia 118.39 20.6%
93rd Argentina 125.27 21.5%
94th Central African Republic 125.83 -3.7%
95th China 126.20 22.5%
96th United States 126.77 29.6%
97th Congo, Democratic Republic of 128.66 8.7%
98th Trinidad and Tobago 128.70 3.8%
99th Papua New Guinea 131.11 7.0%
100th Iceland 131.14 25.8%
101st Solomon Islands 132.51 6.2%
102nd Nigeria 133.28 13.9%
103rd Burundi 134.36 15.2%
104th Bolivia, Plurinational State of 151.26 -0.8%
105th Moldova 154.62 20.4%
106th Iran, Islamic Republic of 335.57 45.7%