Romania - Real Effective Exchange Rate 2023
Romania's real effective exchange rate was 108.85 in 2023, increased +4.34 from 103.28 in 2022. This was the 73rd highest globally.
| 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
Romania's real effective exchange rate in 2023 was 108.85. This ranked 73rd globally.
Romania's real effective exchange rate increased by 4.2% in 2023 compared to 2022.
Iran, Islamic Republic of had the highest real effective exchange rate in 2023 at 477.63.
The real effective exchange rate of Romania in 2023 was 108.85. This ranked 73rd globally.
Romania's real effective exchange rate went from 103.28 in 2022 to 108.85 in 2023, a 4.2% increase.
Romania matched the Fiscal Dominance Trap pattern in 2023. Historically: 386 occurrences, 278 successful (72%). View full analysis →