Peru Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Peru's real effective exchange rate was 110.32 in 2026 (projected), ranked 43rd globally. This represents a 2.9% increase from 2025. Data from BIS, covering 1994–2026.
Overview
Peru's real effective exchange rate stood at 110.32 in 2026, a rise of +3.06 from 2025. Based on recent trends, this figure is projected to reach 114.18 by 2027. Peru ranked 43rd globally.
Peru's Real Effective Exchange Rate (REER) has experienced a 33-year trajectory marked by fluctuations. From its all-time trough of 86.14 in 2007, the REER has risen to 110.32 in 2026, surpassing its peak in the same year. This increase suggests that the Peruvian sol has strengthened relative to a basket of traded goods and services. In comparison, Brazil's REER, a peer country, stood at 109.71 in 2026, indicating a similar trend. The UK, another peer, recorded a REER of 110.63 in 2026, while Latvia and Algeria had REERs of 108.88 and 111.36, respectively. The recent peak REER value signifies a period of exchange rate stability for Peru, which may be attributed to its economic growth and monetary policy management. However, changes in global trade patterns, interest rates, or commodity prices could alter the trajectory of Peru's REER, potentially leading to further appreciation or depreciation in the coming years.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2029* trend | 121.35 | - | - |
| 2028* trend | 117.76 | - | - |
| 2027* trend | 114.18 | - | - |
| 2026 | 110.32 | +3.06 | #43 |
| 2025 | 107.26 | +4.38 | #43 |
| 2024 | 102.88 | +1.60 | #54 |
| 2023 | 101.28 | +5.89 | #51 |
| 2022 | 95.39 | +7.15 | #39 |
| 2021 | 88.24 | −11.76 | #21 |
| 2020 | 100.00 | −1.39 | #49 |
| 2019 | 101.39 | +2.31 | #63 |
| 2018 | 99.08 | −1.79 | #53 |
| 2017 | 100.86 | +3.11 | #62 |
| 2016 | 97.75 | −0.65 | #50 |
| 2015 | 98.40 | −0.02 | #62 |
| 2014 | 98.42 | −1.25 | #42 |
| 2013 | 99.67 | −0.94 | #49 |
| 2012 | 100.60 | +7.47 | #66 |
Detected Pattern
Analysis
Peru matched the Export Boom Cycle pattern in 2024. 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
Peru's real effective exchange rate was 110.32 in 2026. Ranked 43rd globally. This represents a 2.9% increase from the previous year.
Peru's real effective exchange rate peaked at 110.32 in 2026.
The lowest real effective exchange rate in Peru was 86.14 in 2007.
Peru ranks 43rd globally in real effective exchange rate as of 2026.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Peru's real effective exchange rate is projected to reach 114.18 by 2027 based on trend extrapolation.
The real effective exchange rate of Peru in 2026 was 110.32. This ranks 43rd in the world.
Cite this page
@misc{historysaid_peru_reer,
title = {Peru Real Effective Exchange Rate},
url = {https://historysaid.com/peru/reer/},
publisher = {HistorySaid},
year = {2026}
}