Ghana - Real Effective Exchange Rate 2022
71.31
−2.96 from 2021
Ghana's real effective exchange rate was 71.31 in 2022, decreased +2.96 from 74.27 in 2021. This was the 4th highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 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% |
FAQ
What was Ghana's real effective exchange rate in 2022?▾
Ghana's real effective exchange rate in 2022 was 71.31. This ranked 4th globally.
How did Ghana's real effective exchange rate change in 2022?▾
Ghana's real effective exchange rate decreased by 4.0% in 2022 compared to 2021.
Which country had the highest real effective exchange rate in 2022?▾
Iran, Islamic Republic of had the highest real effective exchange rate in 2022 at 335.57.
What is the real effective exchange rate of Ghana in 2022?▾
The real effective exchange rate of Ghana in 2022 was 71.31. This ranked 4th globally.
How does 2022 compare to 2021 for Ghana's real effective exchange rate?▾
Ghana's real effective exchange rate went from 74.27 in 2021 to 71.31 in 2022, a 4.0% decrease.
HistorySaid - pattern alert
Ghana matched the Currency Crisis Pattern pattern in 2022. Historically: 128 occurrences, 35 successful (27%). Outcome 24 months later: 22.8%. View full analysis →
Related
2021
2023
All years
Full ranking 2022
Exchange Rate
Foreign Reserves
Reserves in Months of Imports
Peak: 1983
Lowest: 2024
Real Effective Exchange Rate 1990s
Real Effective Exchange Rate 2000s
Real Effective Exchange Rate 2010s
Real Effective Exchange Rate 2020s
Highest ever
Lowest ever
Average
vs Egypt, Arab Republic of
vs Vanuatu
vs Zimbabwe
vs Côte d'Ivoire
African Union Real Effective Exchange Rate
Global Ranking