Japan - Real Effective Exchange Rate 2008
88.62
−17.35 from 2007
Japan's real effective exchange rate was 88.62 in 2008, decreased +17.35 from 82.48 in 2007. This was the 5th highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | South Africa | 80.38 | -37.8% |
| 2nd | Trinidad and Tobago | 86.78 | 6.0% |
| 3rd | Iran, Islamic Republic of | 87.39 | 12.8% |
| 4th | Uruguay | 88.24 | 8.4% |
| 5th | Japan | 88.62 | -16.4% |
| 6th | Burundi | 89.03 | 2.7% |
| 7th | Costa Rica | 89.12 | 3.0% |
| 8th | Peru | 89.71 | 4.1% |
| 9th | Thailand | 89.85 | -5.9% |
| 10th | Brazil | 90.36 | -35.1% |
| 11th | Australia | 90.37 | -18.0% |
| 12th | Lithuania | 91.39 | 5.9% |
| 13th | United Arab Emirates | 92.44 | 4.8% |
| 14th | Switzerland | 92.53 | 12.7% |
| 15th | Congo, Democratic Republic of | 92.59 | 1.4% |
| 16th | Samoa | 92.75 | 3.0% |
| 17th | India | 93.71 | -4.9% |
| 18th | Estonia | 94.30 | 5.9% |
| 19th | Saudi Arabia | 94.30 | 22.9% |
| 20th | Guyana | 94.43 | -0.5% |
| 21st | Papua New Guinea | 95.35 | 12.5% |
| 22nd | Antigua and Barbuda | 95.38 | -2.9% |
| 23rd | Colombia | 95.44 | -20.7% |
| 24th | Canada | 95.99 | -21.5% |
| 25th | Equatorial Guinea | 96.88 | 2.8% |
| 26th | China | 97.01 | 36.3% |
| 27th | Singapore | 97.02 | 11.4% |
| 28th | Bolivia, Plurinational State of | 97.23 | 12.2% |
| 29th | St. Lucia | 97.36 | -0.6% |
| 30th | Pakistan | 97.39 | -4.8% |
| 31st | St. Kitts and Nevis | 97.47 | -1.2% |
| 32nd | New Zealand | 97.49 | -8.5% |
| 33rd | Slovak Republic | 97.62 | 11.1% |
| 34th | Philippines | 97.76 | 17.9% |
| 35th | Malaysia | 97.79 | -14.7% |
| 36th | Nicaragua | 97.82 | 3.8% |
| 37th | Bahrain | 97.84 | -6.9% |
| 38th | Malawi | 97.94 | 3.0% |
| 39th | Chile | 98.26 | -13.9% |
| 40th | Indonesia | 98.29 | -3.8% |
| 41st | Israel | 98.32 | 26.3% |
| 42nd | Bahamas, The | 98.41 | -1.0% |
| 43rd | Russian Federation | 98.92 | -18.4% |
| 44th | Grenada | 98.98 | 0.3% |
| 45th | Norway | 99.05 | -21.3% |
| 46th | St. Vincent and the Grenadines | 99.14 | 1.0% |
| 47th | Greece | 99.46 | -10.1% |
| 48th | Nigeria | 99.56 | 10.0% |
| 49th | Bulgaria | 99.66 | 15.9% |
| 50th | Dominican Republic | 99.76 | -0.9% |
| 51st | Belize | 99.84 | -1.4% |
| 52nd | Dominica | 100.09 | -2.6% |
| 53rd | United States | 100.44 | 13.5% |
| 54th | Solomon Islands | 100.54 | 6.9% |
| 55th | Serbia | 100.79 | 6.5% |
| 56th | Sierra Leone | 101.43 | 4.9% |
| 57th | Hong Kong SAR, China | 101.57 | 19.2% |
| 58th | Denmark | 101.74 | 1.8% |
| 59th | Luxembourg | 101.81 | 2.3% |
| 60th | Latvia | 102.21 | 14.4% |
| 61st | Algeria | 102.23 | -5.2% |
| 62nd | Croatia | 102.30 | -2.2% |
| 63rd | Austria | 102.74 | 4.2% |
| 64th | Slovenia | 103.20 | 1.8% |
| 65th | Tunisia | 103.33 | -1.2% |
| 66th | Morocco | 103.35 | 1.5% |
| 67th | Czechia | 103.50 | 13.5% |
| 68th | Netherlands | 103.66 | 1.0% |
| 69th | Cyprus | 103.76 | -5.6% |
| 70th | North Macedonia | 103.90 | 5.9% |
| 71st | Spain | 103.92 | -1.3% |
| 72nd | Italy | 103.93 | -3.6% |
| 73rd | Portugal | 103.96 | -1.3% |
| 74th | Moldova | 104.07 | 18.6% |
| 75th | Belgium | 104.15 | 5.5% |
| 76th | Ghana | 104.34 | -4.6% |
| 77th | Central African Republic | 104.39 | 6.8% |
| 78th | Togo | 104.48 | 4.7% |
| 79th | France | 104.49 | -4.5% |
| 80th | Hungary | 104.89 | -12.7% |
| 81st | Cameroon | 105.01 | 2.8% |
| 82nd | Sweden | 105.20 | -13.5% |
| 83rd | Malta | 105.33 | 3.1% |
| 84th | Finland | 105.68 | 0.7% |
| 85th | Gabon | 105.76 | 3.4% |
| 86th | Germany | 105.88 | -2.6% |
| 87th | Mexico | 106.07 | -24.2% |
| 88th | Romania | 106.42 | -7.2% |
| 89th | Côte d'Ivoire | 107.06 | 4.4% |
| 90th | Georgia | 107.64 | 10.7% |
| 91st | Armenia | 107.86 | 8.5% |
| 92nd | Korea | 108.14 | -11.0% |
| 93rd | Paraguay | 108.23 | 14.6% |
| 94th | Uganda | 111.29 | 3.1% |
| 95th | United Kingdom | 111.77 | -12.3% |
| 96th | Poland | 111.83 | 0.1% |
| 97th | Bosnia and Herzegovina | 111.89 | 3.2% |
| 98th | Zambia | 112.60 | 15.4% |
| 99th | Ireland | 113.16 | -7.4% |
| 100th | Gambia, The | 113.74 | 5.8% |
| 101st | Ukraine | 117.36 | 8.4% |
| 102nd | Lesotho | 117.44 | -7.2% |
| 103rd | Fiji | 119.69 | 2.3% |
| 104th | Iceland | 120.23 | -2.5% |
| 105th | Türkiye | 174.25 | 1.2% |
| 106th | Argentina | 199.60 | -2.7% |
FAQ
What was Japan's real effective exchange rate in 2008?▾
Japan's real effective exchange rate in 2008 was 88.62. This ranked 5th globally.
How did Japan's real effective exchange rate change in 2008?▾
Japan's real effective exchange rate decreased by 16.4% in 2008 compared to 2007.
Which country had the highest real effective exchange rate in 2008?▾
Argentina had the highest real effective exchange rate in 2008 at 199.60.
What is the real effective exchange rate of Japan in 2008?▾
The real effective exchange rate of Japan in 2008 was 88.62. This ranked 5th globally.
How does 2008 compare to 2007 for Japan's real effective exchange rate?▾
Japan's real effective exchange rate went from 82.48 in 2007 to 88.62 in 2008, a 16.4% decrease.
Related
2007
2009
All years
Full ranking 2008
Exchange Rate
Foreign Reserves
Reserves in Months of Imports
Peak: 1995
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 Czechia
vs Saudi Arabia
vs Estonia
vs Brunei Darussalam
G20 Real Effective Exchange Rate
G7 Real Effective Exchange Rate
OECD Real Effective Exchange Rate
Global Ranking