Pakistan - Real Effective Exchange Rate 2023
91.41
−5.82 from 2022
Pakistan's real effective exchange rate was 91.41 in 2023, decreased +5.82 from 97.23 in 2022. This was the 21st 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 Pakistan's real effective exchange rate in 2023?▾
Pakistan's real effective exchange rate in 2023 was 91.41. This ranked 21st globally.
How did Pakistan's real effective exchange rate change in 2023?▾
Pakistan's real effective exchange rate decreased by 6.0% 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 Pakistan in 2023?▾
The real effective exchange rate of Pakistan in 2023 was 91.41. This ranked 21st globally.
How does 2023 compare to 2022 for Pakistan's real effective exchange rate?▾
Pakistan's real effective exchange rate went from 97.23 in 2022 to 91.41 in 2023, a 6.0% decrease.
Related
2022
2024
All years
Full ranking 2023
Exchange Rate
Foreign Reserves
Reserves in Months of Imports
Peak: 1981
Lowest: 2023
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 Guinea
vs Tajikistan
vs Comoros
vs Benin
Shanghai Cooperation Organisation Real Effective Exchange Rate
Organisation of Islamic Cooperation Real Effective Exchange Rate
Global Ranking