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Denmark Real Effective Exchange Rate

Real effective exchange rate index  PX.REX.REER

Denmark's real effective exchange rate was 97.59 in 2026 (projected), ranked 12th globally. This represents a 0.6% increase from 2025. Data from BIS, covering 1964–2026.

97.59 +0.63 (+0.6%)
Year 2026 Rank #12 Global Peak 104.46 (2009) Source BIS

Denmark Real Effective Exchange Rate (1964–2026)

Overview

Denmark's real effective exchange rate stood at 97.59 in 2026, a rise of +0.63 from 2025. Based on recent trends, this figure is projected to reach 98.34 by 2027. Denmark ranked 12th globally.

Denmark's real effective exchange rate has experienced significant fluctuations over the past six decades, with a notable peak in 2009 at 104.46 and a trough in 1964 at 82.06, coinciding with the earliest recorded value. Since then, the indicator has generally trended upwards, with a slight dip in recent years, settling at 97.59 in 2026, ranking 12th globally. A comparison with peer countries reveals that Denmark's real effective exchange rate is closely matched by that of Morocco, which stands at 98.14, while the Philippines and Luxembourg trail slightly behind. The 63-year coverage provides a comprehensive understanding of Denmark's exchange rate dynamics. A shift in global economic conditions, particularly in the European Union, could significantly impact Denmark's real effective exchange rate, potentially leading to a reevaluation of the country's monetary policy and its implications for trade and economic growth.

Data & projection

Year Real Effective Exchange Rate YoY change Rank
2029* trend 100.11 - -
2028* trend 99.23 - -
2027* trend 98.34 - -
2026 97.59 +0.63 #12
2025 97.33 +0.57 #10
2024 94.21 −3.62 #31
2023 95.02 −3.04 #29
2022 94.33 −4.69 #33
2021 95.97 −4.03 #39
2020 96.68 −2.63 #38
2019 95.55 −4.90 #36
2018 97.34 −2.64 #41
2017 96.32 −3.11 #42
2016 95.82 −2.68 #42
2015 94.43 −6.49 #39
2014 98.45 −1.77 #44
2013 97.70 −1.61 #36
2012 96.67 −4.67 #31
Show all years (1964-2026)
* 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 +12.9% GDP growth 6.5% C/A balance 8.6%
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

Denmark matched the Export Boom Cycle pattern in 2021. 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 Denmark's real effective exchange rate?▾

Denmark's real effective exchange rate was 97.59 in 2026. Ranked 12th globally. This represents a 0.6% increase from the previous year.

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

Denmark's real effective exchange rate peaked at 104.46 in 2009.

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

The lowest real effective exchange rate in Denmark was 82.06 in 1964.

How does Denmark rank in real effective exchange rate?▾

Denmark ranks 12th globally in real effective exchange rate as of 2026.

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 Denmark in 2027?▾

Denmark's real effective exchange rate is projected to reach 98.34 by 2027 based on trend extrapolation.

What is the real effective exchange rate of Denmark in 2026?▾

The real effective exchange rate of Denmark in 2026 was 97.59. This ranks 12th in the world.

Cite this page

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