Iceland - Real Effective Exchange Rate 2016
128.56
+33.95 from 2015
Iceland's real effective exchange rate was 128.56 in 2016, increased +33.95 from 113.75 in 2015. This was the 100th highest globally.
Global Ranking - 2016▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Malawi | 69.62 | -13.4% |
| 2nd | South Africa | 70.69 | -34.0% |
| 3rd | Ukraine | 72.15 | 0.5% |
| 4th | Brazil | 73.24 | -41.1% |
| 5th | Lesotho | 73.90 | -5.7% |
| 6th | Colombia | 74.19 | -33.4% |
| 7th | Ghana | 78.27 | 14.8% |
| 8th | Japan | 78.92 | -12.4% |
| 9th | Mexico | 79.01 | -32.6% |
| 10th | Russian Federation | 79.74 | -20.4% |
| 11th | Canada | 81.71 | -20.6% |
| 12th | Norway | 84.75 | -21.4% |
| 13th | Zambia | 85.66 | -1.2% |
| 14th | Malaysia | 86.56 | -18.9% |
| 15th | Cyprus | 87.45 | -12.4% |
| 16th | Gambia, The | 88.14 | 21.2% |
| 17th | Poland | 88.95 | -10.6% |
| 18th | Hungary | 88.99 | -13.8% |
| 19th | Ireland | 89.46 | -10.8% |
| 20th | Greece | 89.52 | -11.8% |
| 21st | Serbia | 89.76 | 0.1% |
| 22nd | Czechia | 90.96 | 3.0% |
| 23rd | Australia | 91.00 | -14.2% |
| 24th | Malta | 91.22 | -4.6% |
| 25th | Thailand | 91.49 | -3.1% |
| 26th | Tunisia | 92.50 | -5.1% |
| 27th | Chile | 92.64 | -13.4% |
| 28th | Croatia | 92.95 | -7.2% |
| 29th | France | 93.02 | -4.8% |
| 30th | Dominican Republic | 93.69 | -0.6% |
| 31st | Gabon | 93.74 | 1.1% |
| 32nd | Sweden | 93.94 | -11.8% |
| 33rd | Germany | 94.08 | -2.4% |
| 34th | Lithuania | 94.47 | 1.9% |
| 35th | Italy | 94.65 | -4.9% |
| 36th | Spain | 94.67 | -3.4% |
| 37th | Togo | 94.75 | 1.1% |
| 38th | Côte d'Ivoire | 94.83 | 1.1% |
| 39th | Estonia | 94.85 | 0.9% |
| 40th | Cameroon | 95.51 | 2.1% |
| 41st | Algeria | 95.59 | -9.8% |
| 42nd | Denmark | 95.82 | -2.7% |
| 43rd | Romania | 96.61 | -2.8% |
| 44th | Portugal | 96.68 | -2.8% |
| 45th | Bulgaria | 97.30 | 5.8% |
| 46th | Netherlands | 97.32 | 2.2% |
| 47th | Finland | 97.38 | -1.2% |
| 48th | Belgium | 97.41 | 3.1% |
| 49th | India | 97.52 | 1.2% |
| 50th | Peru | 97.75 | -0.7% |
| 51st | Uganda | 98.00 | -3.2% |
| 52nd | Dominica | 98.01 | 0.7% |
| 53rd | Luxembourg | 98.09 | -0.4% |
| 54th | Slovak Republic | 98.25 | 2.4% |
| 55th | North Macedonia | 98.32 | 2.1% |
| 56th | Slovenia | 98.57 | 0.4% |
| 57th | Grenada | 98.67 | 2.3% |
| 58th | Morocco | 98.98 | 3.3% |
| 59th | Georgia | 99.24 | 0.9% |
| 60th | Latvia | 99.76 | 4.8% |
| 61st | Austria | 99.88 | 4.4% |
| 62nd | Iran, Islamic Republic of | 100.34 | 2.5% |
| 63rd | Bahamas, The | 101.28 | -1.0% |
| 64th | Equatorial Guinea | 101.68 | 1.8% |
| 65th | Bosnia and Herzegovina | 101.75 | -0.4% |
| 66th | Moldova | 101.81 | 2.7% |
| 67th | Indonesia | 102.25 | 4.5% |
| 68th | Nicaragua | 102.26 | 0.2% |
| 69th | United Kingdom | 102.51 | -11.3% |
| 70th | Armenia | 102.62 | -1.3% |
| 71st | Israel | 103.53 | 13.4% |
| 72nd | St. Kitts and Nevis | 103.70 | 0.3% |
| 73rd | St. Lucia | 104.15 | -2.0% |
| 74th | United Arab Emirates | 104.25 | 2.3% |
| 75th | St. Vincent and the Grenadines | 104.44 | 0.7% |
| 76th | Samoa | 104.66 | 1.1% |
| 77th | Belize | 105.01 | 2.1% |
| 78th | New Zealand | 106.20 | 1.8% |
| 79th | Guyana | 106.30 | 2.5% |
| 80th | Switzerland | 108.16 | 6.1% |
| 81st | Singapore | 108.29 | 3.3% |
| 82nd | Philippines | 108.40 | 7.8% |
| 83rd | Uruguay | 108.80 | 1.3% |
| 84th | Bahrain | 108.97 | 3.0% |
| 85th | Fiji | 110.16 | 4.3% |
| 86th | Nigeria | 110.86 | -7.5% |
| 87th | Paraguay | 110.98 | -3.3% |
| 88th | Antigua and Barbuda | 111.70 | 1.2% |
| 89th | Costa Rica | 113.97 | -0.7% |
| 90th | United States | 114.57 | 22.8% |
| 91st | Saudi Arabia | 117.27 | 19.7% |
| 92nd | Congo, Democratic Republic of | 118.30 | -2.7% |
| 93rd | Central African Republic | 118.76 | 5.4% |
| 94th | Burundi | 118.90 | 1.2% |
| 95th | Pakistan | 119.67 | 3.2% |
| 96th | Papua New Guinea | 121.35 | -5.1% |
| 97th | Hong Kong SAR, China | 122.36 | 28.7% |
| 98th | China | 123.89 | 19.3% |
| 99th | Argentina | 128.54 | -17.4% |
| 100th | Iceland | 128.56 | 35.9% |
| 101st | Solomon Islands | 128.63 | 0.7% |
| 102nd | Trinidad and Tobago | 129.37 | -1.3% |
| 103rd | Sierra Leone | 130.05 | -8.8% |
| 104th | Korea | 139.06 | 34.0% |
| 105th | Bolivia, Plurinational State of | 143.46 | 4.2% |
| 106th | Türkiye | 147.29 | -1.8% |
FAQ
What was Iceland's real effective exchange rate in 2016?▾
Iceland's real effective exchange rate in 2016 was 128.56. This ranked 100th globally.
How did Iceland's real effective exchange rate change in 2016?▾
Iceland's real effective exchange rate increased by 35.9% in 2016 compared to 2015.
Which country had the highest real effective exchange rate in 2016?▾
Türkiye had the highest real effective exchange rate in 2016 at 147.29.
What is the real effective exchange rate of Iceland in 2016?▾
The real effective exchange rate of Iceland in 2016 was 128.56. This ranked 100th globally.
How does 2016 compare to 2015 for Iceland's real effective exchange rate?▾
Iceland's real effective exchange rate went from 113.75 in 2015 to 128.56 in 2016, a 35.9% increase.
HistorySaid - pattern alert
Iceland matched the Export Boom Cycle pattern in 2016. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 4.7%. View full analysis →
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