Luxembourg - Real Effective Exchange Rate 2023
98.69
+0.80 from 2022
Luxembourg's real effective exchange rate was 98.69 in 2023, increased +0.80 from 98.30 in 2022. This was the 40th highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Japan | 58.13 | -26.2% |
| 2nd | Brazil | 63.33 | -41.6% |
| 3rd | Colombia | 66.68 | -27.5% |
| 4th | South Africa | 69.85 | -35.2% |
| 5th | Ghana | 71.27 | -0.1% |
| 6th | Norway | 74.09 | -28.4% |
| 7th | Lesotho | 74.75 | -6.8% |
| 8th | Malaysia | 80.07 | -18.0% |
| 9th | Canada | 81.25 | -21.9% |
| 10th | Russian Federation | 81.83 | -35.8% |
| 11th | Sweden | 83.45 | -13.6% |
| 12th | Zambia | 84.53 | -7.1% |
| 13th | Türkiye | 85.05 | 3.0% |
| 14th | Greece | 87.47 | -12.0% |
| 15th | Cyprus | 88.17 | -11.5% |
| 16th | Tunisia | 88.57 | 2.4% |
| 17th | Ireland | 88.86 | -8.0% |
| 18th | Grenada | 89.60 | -2.2% |
| 19th | Dominican Republic | 90.34 | -1.1% |
| 20th | Australia | 90.37 | -15.2% |
| 21st | Pakistan | 91.41 | -6.0% |
| 22nd | Ukraine | 91.84 | -3.3% |
| 23rd | Chile | 91.95 | -7.6% |
| 24th | St. Kitts and Nevis | 92.00 | -0.8% |
| 25th | France | 92.01 | -3.1% |
| 26th | Malta | 92.38 | -4.5% |
| 27th | Dominica | 93.51 | -0.1% |
| 28th | Thailand | 95.00 | 1.3% |
| 29th | Denmark | 95.02 | -3.1% |
| 30th | Sierra Leone | 95.03 | -8.2% |
| 31st | Korea | 95.13 | 0.3% |
| 32nd | Hungary | 95.15 | -0.6% |
| 33rd | Hong Kong SAR, China | 95.43 | -3.0% |
| 34th | Portugal | 95.61 | -2.3% |
| 35th | Italy | 96.04 | -1.9% |
| 36th | Spain | 96.67 | -3.4% |
| 37th | Germany | 97.14 | -0.1% |
| 38th | Croatia | 97.66 | -3.8% |
| 39th | Bahamas, The | 98.56 | -0.5% |
| 40th | Luxembourg | 98.69 | 0.8% |
| 41st | Nicaragua | 98.73 | 1.6% |
| 42nd | Côte d'Ivoire | 98.85 | 4.3% |
| 43rd | Finland | 99.09 | 2.9% |
| 44th | India | 99.38 | -1.5% |
| 45th | Malawi | 99.53 | 6.0% |
| 46th | Mexico | 100.04 | -10.6% |
| 47th | St. Lucia | 100.55 | -0.4% |
| 48th | Morocco | 100.76 | 3.2% |
| 49th | Equatorial Guinea | 100.88 | 1.9% |
| 50th | Gabon | 100.94 | 3.6% |
| 51st | Peru | 101.28 | 6.2% |
| 52nd | Indonesia | 101.81 | 0.4% |
| 53rd | Slovenia | 101.81 | 2.7% |
| 54th | United Arab Emirates | 101.88 | -0.2% |
| 55th | Algeria | 102.31 | 1.5% |
| 56th | Belgium | 102.59 | 2.7% |
| 57th | Togo | 103.33 | 8.1% |
| 58th | Netherlands | 103.35 | 3.0% |
| 59th | United Kingdom | 103.92 | 0.6% |
| 60th | Bahrain | 104.44 | -2.2% |
| 61st | Bosnia and Herzegovina | 104.59 | 2.4% |
| 62nd | St. Vincent and the Grenadines | 104.75 | -0.7% |
| 63rd | Cameroon | 104.92 | 8.3% |
| 64th | Belize | 105.05 | 0.1% |
| 65th | Gambia, The | 105.05 | 2.0% |
| 66th | Poland | 105.09 | 4.1% |
| 67th | New Zealand | 105.69 | 1.0% |
| 68th | Israel | 106.02 | 2.7% |
| 69th | Fiji | 106.42 | -1.6% |
| 70th | Paraguay | 106.52 | -3.1% |
| 71st | Austria | 106.65 | 7.5% |
| 72nd | Uganda | 107.71 | 4.7% |
| 73rd | Romania | 108.85 | 4.2% |
| 74th | Switzerland | 109.31 | 12.5% |
| 75th | North Macedonia | 109.59 | 4.7% |
| 76th | Serbia | 112.06 | 8.4% |
| 77th | Guyana | 112.42 | -0.4% |
| 78th | Philippines | 113.10 | 15.0% |
| 79th | Slovak Republic | 113.29 | 10.3% |
| 80th | Antigua and Barbuda | 113.48 | -2.0% |
| 81st | Lithuania | 114.81 | 5.4% |
| 82nd | Costa Rica | 114.98 | 15.1% |
| 83rd | Nigeria | 115.62 | -13.3% |
| 84th | China | 116.04 | 13.6% |
| 85th | Estonia | 116.39 | 6.8% |
| 86th | Latvia | 116.65 | 12.3% |
| 87th | Samoa | 116.87 | 4.2% |
| 88th | Singapore | 117.63 | 11.5% |
| 89th | Bulgaria | 117.93 | 10.4% |
| 90th | Saudi Arabia | 118.97 | 16.7% |
| 91st | Georgia | 119.58 | 9.1% |
| 92nd | Czechia | 125.87 | 10.0% |
| 93rd | Armenia | 126.45 | 7.6% |
| 94th | Argentina | 126.60 | 1.1% |
| 95th | Congo, Democratic Republic of | 126.96 | -1.3% |
| 96th | United States | 127.55 | 19.5% |
| 97th | Uruguay | 127.57 | 8.0% |
| 98th | Central African Republic | 128.52 | 2.1% |
| 99th | Trinidad and Tobago | 129.73 | 0.8% |
| 100th | Papua New Guinea | 130.30 | -0.6% |
| 101st | Iceland | 133.47 | 22.6% |
| 102nd | Burundi | 135.63 | 1.0% |
| 103rd | Solomon Islands | 135.94 | 2.6% |
| 104th | Bolivia, Plurinational State of | 148.81 | -1.6% |
| 105th | Moldova | 173.29 | 12.1% |
| 106th | Iran, Islamic Republic of | 477.63 | 42.3% |
FAQ
What was Luxembourg's real effective exchange rate in 2023?▾
Luxembourg's real effective exchange rate in 2023 was 98.69. This ranked 40th globally.
How did Luxembourg's real effective exchange rate change in 2023?▾
Luxembourg's real effective exchange rate increased by 0.8% in 2023 compared to 2022.
Which country had the highest real effective exchange rate in 2023?▾
Iran, Islamic Republic of had the highest real effective exchange rate in 2023 at 477.63.
What is the real effective exchange rate of Luxembourg in 2023?▾
The real effective exchange rate of Luxembourg in 2023 was 98.69. This ranked 40th globally.
How does 2023 compare to 2022 for Luxembourg's real effective exchange rate?▾
Luxembourg's real effective exchange rate went from 98.30 in 2022 to 98.69 in 2023, a 0.8% increase.
Related
2022
2024
All years
Full ranking 2023
Exchange Rate
Foreign Reserves
Reserves in Months of Imports
Peak: 1979
Lowest: 2000
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 Bermuda
vs Ireland
vs Switzerland
vs Cayman Islands
European Union Real Effective Exchange Rate
NATO Real Effective Exchange Rate
OECD Real Effective Exchange Rate
Global Ranking