Iceland - Real Effective Exchange Rate 2022
131.14
+26.90 from 2021
Iceland's real effective exchange rate was 131.14 in 2022, increased +26.90 from 126.72 in 2021. This was the 100th 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 Iceland's real effective exchange rate in 2022?▾
Iceland's real effective exchange rate in 2022 was 131.14. This ranked 100th globally.
How did Iceland's real effective exchange rate change in 2022?▾
Iceland's real effective exchange rate increased by 25.8% 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 Iceland in 2022?▾
The real effective exchange rate of Iceland in 2022 was 131.14. This ranked 100th globally.
How does 2022 compare to 2021 for Iceland's real effective exchange rate?▾
Iceland's real effective exchange rate went from 126.72 in 2021 to 131.14 in 2022, a 25.8% increase.
Related
2021
2023
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Full ranking 2022
Exchange Rate
Foreign Reserves
Reserves in Months of Imports
Peak: 2005
Lowest: 2009
Real Effective Exchange Rate 1990s
Real Effective Exchange Rate 2000s
Real Effective Exchange Rate 2010s
Real Effective Exchange Rate 2020s
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Lowest ever
Average
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