Denmark - Real Effective Exchange Rate 2021
Denmark's real effective exchange rate was 95.97 in 2021, decreased +4.03 from 96.68 in 2020. This was the 39th highest globally.
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Brazil | 53.79 | -46.2% |
| 2nd | Colombia | 65.81 | -34.2% |
| 3rd | Zambia | 69.77 | 5.0% |
| 4th | Japan | 70.69 | -29.3% |
| 5th | Ghana | 74.27 | -0.5% |
| 6th | South Africa | 77.68 | -22.3% |
| 7th | Russian Federation | 79.43 | -20.6% |
| 8th | Mexico | 81.64 | -18.4% |
| 9th | Lesotho | 81.69 | 8.7% |
| 10th | Norway | 83.09 | -16.9% |
| 11th | Malaysia | 83.28 | -16.7% |
| 12th | Dominican Republic | 83.34 | 1.5% |
| 13th | Canada | 84.76 | -15.2% |
| 14th | Tunisia | 85.85 | 0.8% |
| 15th | Hungary | 86.10 | -13.9% |
| 16th | Algeria | 86.80 | -13.2% |
| 17th | Chile | 87.50 | -12.5% |
| 18th | Greece | 87.67 | -12.3% |
| 19th | Cyprus | 87.68 | -12.3% |
| 20th | Ireland | 88.22 | -11.8% |
| 21st | Peru | 88.24 | -11.8% |
| 22nd | Türkiye | 89.89 | -10.1% |
| 23rd | Malawi | 90.18 | -4.7% |
| 24th | Sweden | 90.28 | -9.7% |
| 25th | Australia | 90.54 | -9.5% |
| 26th | Georgia | 91.17 | 1.8% |
| 27th | Poland | 92.59 | -7.4% |
| 28th | Grenada | 92.86 | -3.0% |
| 29th | Nicaragua | 93.03 | -3.1% |
| 30th | Malta | 93.13 | -6.9% |
| 31st | Croatia | 93.99 | -6.0% |
| 32nd | Ukraine | 94.13 | 2.3% |
| 33rd | St. Kitts and Nevis | 94.17 | -3.1% |
| 34th | Dominica | 94.29 | -1.1% |
| 35th | France | 94.42 | -5.6% |
| 36th | Thailand | 94.45 | -5.6% |
| 37th | Italy | 94.92 | -5.1% |
| 38th | United Arab Emirates | 94.93 | -5.1% |
| 39th | Denmark | 95.97 | -4.0% |
| 40th | Portugal | 96.65 | -3.3% |
| 41st | Gambia, The | 96.90 | 1.5% |
| 42nd | Germany | 97.14 | -2.9% |
| 43rd | Spain | 97.28 | -2.7% |
| 44th | Finland | 97.81 | -2.2% |
| 45th | Togo | 97.83 | 1.9% |
| 46th | Costa Rica | 98.00 | -9.1% |
| 47th | Indonesia | 98.50 | -1.5% |
| 48th | St. Lucia | 98.58 | -2.2% |
| 49th | Uganda | 98.72 | 1.5% |
| 50th | Bosnia and Herzegovina | 99.40 | -0.6% |
| 51st | Côte d'Ivoire | 99.55 | 2.0% |
| 52nd | Romania | 99.56 | -0.4% |
| 53rd | Slovenia | 99.65 | -0.4% |
| 54th | Bahamas, The | 99.75 | -1.7% |
| 55th | Cameroon | 99.83 | 0.1% |
| 56th | India | 99.90 | -0.1% |
| 57th | Armenia | 100.26 | -2.0% |
| 58th | Pakistan | 100.28 | 2.8% |
| 59th | North Macedonia | 100.43 | 0.4% |
| 60th | St. Vincent and the Grenadines | 100.89 | -3.0% |
| 61st | Luxembourg | 101.17 | 1.2% |
| 62nd | Belgium | 101.40 | 1.4% |
| 63rd | Estonia | 101.72 | 1.7% |
| 64th | Serbia | 101.78 | 1.8% |
| 65th | Lithuania | 101.79 | 1.8% |
| 66th | Belize | 101.95 | -2.3% |
| 67th | Netherlands | 102.10 | 2.1% |
| 68th | Gabon | 102.14 | -1.1% |
| 69th | Bahrain | 102.30 | -4.6% |
| 70th | United Kingdom | 102.62 | 2.6% |
| 71st | Argentina | 103.10 | 3.1% |
| 72nd | Morocco | 103.18 | 3.2% |
| 73rd | Singapore | 103.41 | 3.4% |
| 74th | Slovak Republic | 103.72 | 3.7% |
| 75th | Austria | 104.00 | 4.0% |
| 76th | Samoa | 104.08 | 0.5% |
| 77th | Czechia | 104.87 | 4.9% |
| 78th | Latvia | 105.02 | 5.0% |
| 79th | Switzerland | 105.52 | 5.5% |
| 80th | Equatorial Guinea | 105.85 | -2.2% |
| 81st | Uruguay | 106.21 | -2.2% |
| 82nd | Sierra Leone | 106.66 | -0.5% |
| 83rd | Bulgaria | 106.75 | 6.8% |
| 84th | New Zealand | 107.61 | 7.6% |
| 85th | Paraguay | 107.76 | -1.0% |
| 86th | Guyana | 108.33 | 0.9% |
| 87th | Antigua and Barbuda | 108.36 | -3.4% |
| 88th | Fiji | 108.37 | -1.8% |
| 89th | Philippines | 111.12 | 11.1% |
| 90th | Saudi Arabia | 113.56 | 13.6% |
| 91st | Israel | 114.32 | 14.3% |
| 92nd | United States | 115.63 | 15.6% |
| 93rd | Burundi | 116.67 | 0.3% |
| 94th | Nigeria | 117.04 | -2.1% |
| 95th | Congo, Democratic Republic of | 118.31 | -6.3% |
| 96th | Papua New Guinea | 122.53 | -3.9% |
| 97th | Trinidad and Tobago | 123.94 | -3.2% |
| 98th | Solomon Islands | 124.75 | -3.9% |
| 99th | Hong Kong SAR, China | 125.88 | 25.9% |
| 100th | Iceland | 126.72 | 26.7% |
| 101st | China | 127.32 | 27.3% |
| 102nd | Moldova | 128.41 | -2.7% |
| 103rd | Central African Republic | 130.67 | 2.2% |
| 104th | Korea | 138.97 | 39.0% |
| 105th | Bolivia, Plurinational State of | 152.44 | -4.1% |
| 106th | Iran, Islamic Republic of | 230.38 | 37.5% |
FAQ
Denmark's real effective exchange rate in 2021 was 95.97. This ranked 39th globally.
Denmark's real effective exchange rate decreased by 4.0% in 2021 compared to 2020.
Iran, Islamic Republic of had the highest real effective exchange rate in 2021 at 230.38.
The real effective exchange rate of Denmark in 2021 was 95.97. This ranked 39th globally.
Denmark's real effective exchange rate went from 96.68 in 2020 to 95.97 in 2021, a 4.0% decrease.
Denmark matched the Export Boom Cycle pattern in 2021. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 0.6%. View full analysis →