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Moldova – Real Effective Exchange Rate

Real effective exchange rate index (2010 = 100). Nominal effective exchange rate adjusted for relative consumer price levels. A rise indicates real appreciation. · BIS

180.67 +7.38 from 2023 G20 rank: 105th · all-time high: 180.67 (2024)

APA

Moldova Real Effective Exchange Rate. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/moldova/reer

BibTeX

@misc{historysaid_moldova_reer,
  title = {Moldova Real Effective Exchange Rate},
  url = {https://historysaid.com/moldova/reer},
  publisher = {HistorySaid},
  year = {2026}
}

Data & Projection▾

Year	Value	Change	Rank
2027* trend	224.89	–	–
2026* trend	210.67	–	–
2025* trend	196.45	–	–
2024	180.67	+7.38	105th
2023	173.29	+18.67	105th
2022	154.62	+26.21	105th
2021	128.41	−3.62	102nd
2020	132.03	+6.44	102nd
2019	125.59	+2.61	99th
2018	122.98	+10.03	100th
2017	112.94	+11.14	90th
2016	101.81	+2.68	66th
2015	99.12	−3.55	63rd
2014	102.67	−4.04	73rd
2013	106.71	−3.34	84th
2012	110.05	+5.09	97th
2011	104.96	+4.96	93rd
2010	100.00	−6.69	66th
2009	106.69	+2.62	95th
2008	104.07	+16.34	74th
2007	87.73	+6.31	12th
2006	81.42	+2.15	4th
2005	79.27	+1.59	7th
2004	77.68	+9.82	13th
2003	67.87	−3.84	3rd
2002	71.71	−4.12	7th
2001	75.83	+2.69	14th
2000	73.14	+10.31	11th
1999	62.83	−19.53	4th
1998	82.36	−2.43	18th
1997	84.79	+11.29	19th
1996	73.51	+1.28	14th
1995	72.23	−4.03	16th
1994	76.26	–	20th

Show all years (1994–2024)

* Linear trend extrapolation from last 5 data points

Detected Pattern▾

Fiscal Dominance Trap

Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.

Inflation 28.7% Real rate -5.9%

This pattern occurred 329 times in G20 history, 239 successful

Angola 2024

Inflation

28.2%

Real rate

-4.2%

Argentina 2024

Inflation

219.9%

Real rate

-47.4%

Egypt, Arab Republic of 2024

Inflation

28.3%

Real rate

-7.0%

South Sudan 2024

Inflation

91.4%

Real rate

-26.9%

Angola 2023

Inflation

13.6%

Real rate

-0.9%

Argentina 2023

Inflation

133.5%

Real rate

-17.3%

HistorySaid

In 2024, Moldova recorded 180.67 for real effective exchange rate – 105th in the G20. Based on recent trends, HistorySaid estimates 196.45 by 2025.