Fiji Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Fiji's real effective exchange rate was 108.16 in 2024, ranked 68th globally. This represents a 1.6% increase from 2023. Data from BIS, covering 1980–2024.
Overview
Fiji's real effective exchange rate stood at 108.16 in 2024, a rise of +1.74 from 2023. Based on recent trends, this figure is projected to reach 106.38 by 2025. Fiji ranked 68th globally.
Fiji’s real effective exchange rate (REER) stood at 108.16 in 2024, placing the island nation 68th in the global ranking and closely aligning with peers such as the United Kingdom (108.37) and Austria (107.64). Over the 45‑year series, Fiji’s REER has fallen from an early‑period high of 169.82 in 1980 to an all‑time peak of 179.36 in 1985, reflecting a pronounced appreciation during the mid‑1980s. The subsequent decline reached a trough of exactly 100.00 in 2010, indicating a period of relative depreciation that improved the competitiveness of Fijian exports. Since that low, the index has risen steadily, suggesting a gradual re‑appreciation of the currency amid stronger external demand and modest inflation differentials. Continued resilience in tourism and diversified trade could sustain the upward trajectory, whereas a sharp slowdown in foreign earnings or heightened external shocks might reverse the trend and pull the REER back toward lower levels.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 105.10 | - | - |
| 2026* trend | 105.74 | - | - |
| 2025* trend | 106.38 | - | - |
| 2024 | 108.16 | +1.74 | #68 |
| 2023 | 106.42 | −1.78 | #69 |
| 2022 | 108.19 | −0.18 | #76 |
| 2021 | 108.37 | −2.01 | #88 |
| 2020 | 110.39 | −3.68 | #87 |
| 2019 | 114.07 | +0.72 | #91 |
| 2018 | 113.35 | +1.10 | #90 |
| 2017 | 112.25 | +2.09 | #89 |
| 2016 | 110.16 | +4.53 | #85 |
| 2015 | 105.63 | +1.76 | #78 |
| 2014 | 103.87 | −1.79 | #78 |
| 2013 | 105.66 | −0.20 | #81 |
| 2012 | 105.86 | +2.05 | #86 |
| 2011 | 103.81 | +3.81 | #90 |
| 2010 | 100.00 | −4.88 | #39 |
Detected Pattern
Analysis
Fiji matched the Export Boom Cycle pattern in 1999. 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
Fiji's real effective exchange rate was 108.16 in 2024. Ranked 68th globally. This represents a 1.6% increase from the previous year.
Fiji's real effective exchange rate peaked at 179.36 in 1985.
The lowest real effective exchange rate in Fiji was 100.00 in 2010.
Fiji ranks 68th globally in real effective exchange rate as of 2024.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Fiji's real effective exchange rate is projected to reach 106.38 by 2025 based on trend extrapolation.
The real effective exchange rate of Fiji in 2024 was 108.16. This ranks 68th in the world.
Cite this page
@misc{historysaid_fiji_reer,
title = {Fiji Real Effective Exchange Rate},
url = {https://historysaid.com/fiji/reer/},
publisher = {HistorySaid},
year = {2026}
}