North Macedonia - Real Effective Exchange Rate 2018
North Macedonia's real effective exchange rate was 99.80 in 2018, increased +1.31 from 98.60 in 2017. This was the 56th highest globally.
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Brazil | 71.42 | -50.4% |
| 2nd | Japan | 74.48 | -23.4% |
| 3rd | Ghana | 76.65 | -1.4% |
| 4th | Colombia | 78.28 | -31.3% |
| 5th | Malawi | 78.96 | 5.9% |
| 6th | Tunisia | 79.22 | -6.1% |
| 7th | Ukraine | 80.72 | 5.6% |
| 8th | South Africa | 80.84 | -28.5% |
| 9th | Mexico | 80.92 | -22.8% |
| 10th | Lesotho | 81.68 | 1.9% |
| 11th | Canada | 82.43 | -19.7% |
| 12th | Russian Federation | 85.43 | -25.5% |
| 13th | Norway | 85.98 | -21.5% |
| 14th | Dominican Republic | 87.79 | -3.3% |
| 15th | Zambia | 88.52 | -6.0% |
| 16th | Malaysia | 88.66 | -12.2% |
| 17th | Gambia, The | 88.88 | -0.8% |
| 18th | Cyprus | 89.20 | -10.1% |
| 19th | Sweden | 89.26 | -16.0% |
| 20th | Australia | 89.96 | -18.7% |
| 21st | Hungary | 90.29 | -14.7% |
| 22nd | Greece | 90.49 | -11.2% |
| 23rd | Ireland | 90.69 | -11.0% |
| 24th | Uganda | 92.13 | -3.6% |
| 25th | Poland | 93.52 | -5.6% |
| 26th | Algeria | 93.52 | -12.3% |
| 27th | Malta | 93.52 | -4.5% |
| 28th | Dominica | 94.23 | -2.0% |
| 29th | Croatia | 95.27 | -5.7% |
| 30th | France | 95.57 | -3.4% |
| 31st | Grenada | 95.60 | -2.2% |
| 32nd | Nicaragua | 95.94 | -2.6% |
| 33rd | Côte d'Ivoire | 96.25 | 1.2% |
| 34th | Togo | 96.39 | 1.6% |
| 35th | Italy | 96.91 | -3.5% |
| 36th | Chile | 97.03 | -14.3% |
| 37th | Germany | 97.05 | -1.5% |
| 38th | Georgia | 97.22 | 0.2% |
| 39th | Thailand | 97.22 | 2.9% |
| 40th | Serbia | 97.33 | 4.7% |
| 41st | Denmark | 97.34 | -2.6% |
| 42nd | India | 97.42 | -4.4% |
| 43rd | Indonesia | 97.43 | -6.3% |
| 44th | Romania | 97.73 | 1.4% |
| 45th | Cameroon | 97.76 | 1.5% |
| 46th | Spain | 97.86 | -2.0% |
| 47th | Portugal | 98.00 | -2.8% |
| 48th | Lithuania | 98.02 | 2.5% |
| 49th | St. Kitts and Nevis | 98.46 | -3.7% |
| 50th | Finland | 98.63 | -0.3% |
| 51st | Armenia | 98.89 | -0.4% |
| 52nd | United Kingdom | 99.04 | 0.6% |
| 53rd | Peru | 99.08 | -1.8% |
| 54th | Czechia | 99.25 | 4.8% |
| 55th | Morocco | 99.43 | 2.0% |
| 56th | North Macedonia | 99.80 | 1.3% |
| 57th | Netherlands | 99.83 | 3.1% |
| 58th | Estonia | 99.92 | 3.7% |
| 59th | Slovenia | 100.12 | 1.4% |
| 60th | Luxembourg | 100.32 | 1.3% |
| 61st | Bahamas, The | 100.48 | -0.4% |
| 62nd | Slovak Republic | 100.59 | 5.1% |
| 63rd | Philippines | 100.61 | 8.5% |
| 64th | Sierra Leone | 100.70 | -10.0% |
| 65th | Gabon | 101.16 | 5.6% |
| 66th | Belgium | 101.27 | 3.3% |
| 67th | St. Lucia | 101.65 | -0.5% |
| 68th | Bulgaria | 101.85 | 9.1% |
| 69th | Bosnia and Herzegovina | 102.30 | 1.0% |
| 70th | Austria | 102.85 | 5.1% |
| 71st | St. Vincent and the Grenadines | 102.95 | -1.1% |
| 72nd | Switzerland | 103.23 | 5.3% |
| 73rd | New Zealand | 103.32 | -3.4% |
| 74th | Latvia | 103.32 | 7.0% |
| 75th | Belize | 103.56 | -1.2% |
| 76th | United Arab Emirates | 104.16 | -0.2% |
| 77th | Equatorial Guinea | 104.34 | 2.4% |
| 78th | Samoa | 104.85 | 1.0% |
| 79th | Guyana | 104.96 | -1.7% |
| 80th | Costa Rica | 106.12 | -2.2% |
| 81st | Israel | 106.29 | 9.6% |
| 82nd | Singapore | 106.34 | 3.2% |
| 83rd | Pakistan | 107.12 | -11.9% |
| 84th | Antigua and Barbuda | 108.19 | -3.0% |
| 85th | Bahrain | 108.38 | -1.0% |
| 86th | Nigeria | 109.90 | 8.3% |
| 87th | Argentina | 111.55 | -18.1% |
| 88th | Türkiye | 112.01 | -14.7% |
| 89th | United States | 113.21 | 16.9% |
| 90th | Fiji | 113.35 | 1.0% |
| 91st | Paraguay | 113.73 | 3.1% |
| 92nd | Saudi Arabia | 113.96 | 15.0% |
| 93rd | Iran, Islamic Republic of | 116.53 | 14.9% |
| 94th | Uruguay | 117.50 | 1.5% |
| 95th | Burundi | 117.99 | -8.7% |
| 96th | Congo, Democratic Republic of | 118.07 | 13.4% |
| 97th | Papua New Guinea | 120.82 | -1.4% |
| 98th | Hong Kong SAR, China | 121.44 | 24.2% |
| 99th | China | 121.80 | 25.5% |
| 100th | Moldova | 122.98 | 8.9% |
| 101st | Trinidad and Tobago | 124.69 | -1.4% |
| 102nd | Central African Republic | 125.95 | 2.8% |
| 103rd | Solomon Islands | 126.91 | -0.4% |
| 104th | Iceland | 140.45 | 17.4% |
| 105th | Bolivia, Plurinational State of | 144.13 | 2.4% |
| 106th | Korea | 152.99 | 44.5% |
FAQ
North Macedonia's real effective exchange rate in 2018 was 99.80. This ranked 56th globally.
North Macedonia's real effective exchange rate increased by 1.3% in 2018 compared to 2017.
Korea had the highest real effective exchange rate in 2018 at 152.99.
The real effective exchange rate of North Macedonia in 2018 was 99.80. This ranked 56th globally.
North Macedonia's real effective exchange rate went from 98.60 in 2017 to 99.80 in 2018, a 1.3% increase.
North Macedonia matched the Export Boom Cycle pattern in 2018. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: -4.7%. View full analysis →