Paraguay Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Paraguay's real effective exchange rate was 106.97 in 2024, ranked 66th globally. This represents a 0.4% increase from 2023. Data from BIS, covering 1980–2024.
Overview
Paraguay's real effective exchange rate stood at 106.97 in 2024, a rise of +0.45 from 2023. Based on recent trends, this figure is projected to reach 106.49 by 2025. Paraguay ranked 66th globally.
Paraguay's Real Effective Exchange Rate (REER) has experienced significant fluctuations over the past 45 years. The all-time peak of 204.54 in 1981 reflects the country's inflationary pressures, which were exacerbated by a severe economic crisis during that period. Conversely, the REER plummeted to 76.93 in 2005, a low point that coincided with a period of economic stabilization and fiscal reform. Currently, Paraguay's REER stands at 106.97, ranking 66th globally. This value is comparable to that of Togo, which holds a similar ranking. The REER has demonstrated a moderate upward trend since 2005, reflecting a gradual appreciation of the Paraguayan peso against its trading partners. However, further appreciation could be hindered by potential economic shocks, such as a decline in commodity exports or unforeseen external economic factors, which could alter the trajectory of the REER in the coming years.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 105.48 | - | - |
| 2026* trend | 105.99 | - | - |
| 2025* trend | 106.49 | - | - |
| 2024 | 106.97 | +0.45 | #66 |
| 2023 | 106.52 | −3.39 | #70 |
| 2022 | 109.91 | +2.14 | #82 |
| 2021 | 107.76 | −1.10 | #85 |
| 2020 | 108.86 | −1.43 | #86 |
| 2019 | 110.29 | −3.44 | #85 |
| 2018 | 113.73 | +3.44 | #91 |
| 2017 | 110.28 | −0.69 | #86 |
| 2016 | 110.98 | −3.81 | #87 |
| 2015 | 114.78 | −2.79 | #92 |
| 2014 | 117.57 | +2.23 | #96 |
| 2013 | 115.34 | +5.07 | #98 |
| 2012 | 110.27 | −1.92 | #98 |
| 2011 | 112.19 | +12.19 | #103 |
| 2010 | 100.00 | +0.83 | #82 |
Detected Pattern
Analysis
Paraguay matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw real effective exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Paraguay's real effective exchange rate was 106.97 in 2024. Ranked 66th globally. This represents a 0.4% increase from the previous year.
Paraguay's real effective exchange rate peaked at 204.54 in 1981.
The lowest real effective exchange rate in Paraguay was 76.93 in 2005.
Paraguay ranks 66th globally in real effective exchange rate as of 2024.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Paraguay's real effective exchange rate is projected to reach 106.49 by 2025 based on trend extrapolation.
The real effective exchange rate of Paraguay in 2024 was 106.97. This ranks 66th in the world.
Cite this page
@misc{historysaid_paraguay_reer,
title = {Paraguay Real Effective Exchange Rate},
url = {https://historysaid.com/paraguay/reer/},
publisher = {HistorySaid},
year = {2026}
}