North Macedonia - Real Effective Exchange Rate 2020
99.62
+1.22 from 2019
North Macedonia's real effective exchange rate was 99.62 in 2020, increased +1.22 from 98.27 in 2019. This was the 47th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Brazil | 55.58 | -55.9% |
| 2nd | Zambia | 66.45 | -16.7% |
| 3rd | Colombia | 68.00 | -37.3% |
| 4th | South Africa | 71.07 | -36.1% |
| 5th | Ghana | 74.62 | 1.6% |
| 6th | Lesotho | 75.13 | -6.0% |
| 7th | Mexico | 77.10 | -28.9% |
| 8th | Japan | 77.31 | -22.0% |
| 9th | Norway | 78.12 | -27.1% |
| 10th | Russian Federation | 80.80 | -25.9% |
| 11th | Canada | 80.84 | -20.1% |
| 12th | Dominican Republic | 82.09 | -5.7% |
| 13th | Malaysia | 84.40 | -18.7% |
| 14th | Chile | 84.61 | -22.4% |
| 15th | Tunisia | 85.20 | 8.7% |
| 16th | Australia | 85.33 | -15.7% |
| 17th | Hungary | 85.67 | -17.7% |
| 18th | Cyprus | 87.59 | -11.9% |
| 19th | Sweden | 87.71 | -10.3% |
| 20th | Ireland | 88.08 | -11.8% |
| 21st | Greece | 88.31 | -12.3% |
| 22nd | Georgia | 89.52 | -3.4% |
| 23rd | Algeria | 91.22 | -12.6% |
| 24th | Ukraine | 92.00 | -1.5% |
| 25th | Malta | 92.85 | -5.9% |
| 26th | Poland | 92.93 | -6.6% |
| 27th | Croatia | 93.37 | -7.8% |
| 28th | Malawi | 94.65 | 8.9% |
| 29th | France | 94.94 | -4.2% |
| 30th | Italy | 95.09 | -4.6% |
| 31st | Dominica | 95.38 | -0.7% |
| 32nd | Gambia, The | 95.50 | 2.2% |
| 33rd | Grenada | 95.76 | -0.7% |
| 34th | Nicaragua | 95.97 | 0.0% |
| 35th | Togo | 95.98 | 2.1% |
| 36th | Germany | 96.35 | -2.6% |
| 37th | Spain | 96.36 | -3.5% |
| 38th | Denmark | 96.68 | -2.6% |
| 39th | St. Kitts and Nevis | 97.20 | -1.1% |
| 40th | Uganda | 97.22 | 1.8% |
| 41st | Côte d'Ivoire | 97.58 | 3.7% |
| 42nd | Pakistan | 97.59 | 0.3% |
| 43rd | Portugal | 97.71 | -2.0% |
| 44th | Finland | 98.25 | -0.8% |
| 45th | Romania | 98.62 | 0.1% |
| 46th | United Kingdom | 98.80 | -1.1% |
| 47th | North Macedonia | 99.62 | 1.2% |
| 48th | Cameroon | 99.70 | 3.1% |
| 49th | Peru | 100.00 | -1.4% |
| 50th | Slovenia | 100.00 | 0.3% |
| 51st | United Arab Emirates | 100.00 | -3.4% |
| 52nd | Argentina | 100.00 | 1.2% |
| 53rd | Indonesia | 100.00 | -1.8% |
| 54th | India | 100.00 | 0.6% |
| 55th | Lithuania | 100.00 | 1.9% |
| 56th | Serbia | 100.00 | 2.7% |
| 57th | Thailand | 100.00 | -2.8% |
| 58th | Bosnia and Herzegovina | 100.00 | -0.7% |
| 59th | Estonia | 100.00 | 0.1% |
| 60th | Türkiye | 100.00 | -9.8% |
| 61st | Czechia | 100.24 | 0.9% |
| 62nd | St. Lucia | 100.76 | -1.8% |
| 63rd | New Zealand | 100.88 | 0.0% |
| 64th | Luxembourg | 100.99 | 1.7% |
| 65th | Belgium | 101.22 | 2.4% |
| 66th | Bahamas, The | 101.45 | -0.6% |
| 67th | Morocco | 101.59 | 2.7% |
| 68th | Netherlands | 101.88 | 3.6% |
| 69th | Armenia | 102.28 | -0.1% |
| 70th | Slovak Republic | 103.14 | 5.5% |
| 71st | Gabon | 103.24 | 2.6% |
| 72nd | Samoa | 103.60 | -2.0% |
| 73rd | Singapore | 103.63 | 1.0% |
| 74th | Austria | 103.68 | 5.3% |
| 75th | St. Vincent and the Grenadines | 104.00 | -1.5% |
| 76th | Belize | 104.40 | 0.4% |
| 77th | Latvia | 104.56 | 5.4% |
| 78th | Bulgaria | 105.34 | 8.2% |
| 79th | Bahrain | 107.22 | -3.2% |
| 80th | Sierra Leone | 107.23 | 3.1% |
| 81st | Guyana | 107.31 | 0.4% |
| 82nd | Costa Rica | 107.87 | 1.0% |
| 83rd | Switzerland | 108.18 | 12.4% |
| 84th | Equatorial Guinea | 108.22 | 6.0% |
| 85th | Uruguay | 108.54 | -4.6% |
| 86th | Paraguay | 108.86 | -1.3% |
| 87th | Fiji | 110.39 | -3.2% |
| 88th | Philippines | 111.27 | 17.7% |
| 89th | Israel | 111.50 | 14.0% |
| 90th | Antigua and Barbuda | 112.19 | 0.3% |
| 91st | Saudi Arabia | 115.79 | 18.5% |
| 92nd | Burundi | 116.31 | 1.9% |
| 93rd | United States | 118.01 | 19.7% |
| 94th | Nigeria | 119.52 | -3.8% |
| 95th | Iceland | 120.82 | 11.2% |
| 96th | China | 123.64 | 26.3% |
| 97th | Congo, Democratic Republic of | 126.26 | 1.2% |
| 98th | Papua New Guinea | 127.46 | 2.2% |
| 99th | Central African Republic | 127.88 | 2.1% |
| 100th | Trinidad and Tobago | 127.98 | 0.9% |
| 101st | Solomon Islands | 129.87 | 1.9% |
| 102nd | Moldova | 132.03 | 5.1% |
| 103rd | Hong Kong SAR, China | 132.63 | 32.8% |
| 104th | Korea | 136.98 | 34.3% |
| 105th | Bolivia, Plurinational State of | 159.00 | 5.5% |
| 106th | Iran, Islamic Republic of | 167.52 | 30.0% |
FAQ
What was North Macedonia's real effective exchange rate in 2020?▾
North Macedonia's real effective exchange rate in 2020 was 99.62. This ranked 47th globally.
How did North Macedonia's real effective exchange rate change in 2020?▾
North Macedonia's real effective exchange rate increased by 1.2% in 2020 compared to 2019.
Which country had the highest real effective exchange rate in 2020?▾
Iran, Islamic Republic of had the highest real effective exchange rate in 2020 at 167.52.
What is the real effective exchange rate of North Macedonia in 2020?▾
The real effective exchange rate of North Macedonia in 2020 was 99.62. This ranked 47th globally.
How does 2020 compare to 2019 for North Macedonia's real effective exchange rate?▾
North Macedonia's real effective exchange rate went from 98.27 in 2019 to 99.62 in 2020, a 1.2% increase.
Related
2019
2021
All years
Full ranking 2020
Exchange Rate
Foreign Reserves
Reserves in Months of Imports
Peak: 1995
Lowest: 2015
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 Brazil
vs Georgia
vs Turkmenistan
vs Dominica
NATO Real Effective Exchange Rate
Global Ranking