Russian Federation - Real Effective Exchange Rate 2008
98.92
−22.33 from 2007
Russian Federation's real effective exchange rate was 98.92 in 2008, decreased +22.33 from 93.42 in 2007. This was the 43rd highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | South Africa | 80.38 | -37.8% |
| 2nd | Trinidad and Tobago | 86.78 | 6.0% |
| 3rd | Iran, Islamic Republic of | 87.39 | 12.8% |
| 4th | Uruguay | 88.24 | 8.4% |
| 5th | Japan | 88.62 | -16.4% |
| 6th | Burundi | 89.03 | 2.7% |
| 7th | Costa Rica | 89.12 | 3.0% |
| 8th | Peru | 89.71 | 4.1% |
| 9th | Thailand | 89.85 | -5.9% |
| 10th | Brazil | 90.36 | -35.1% |
| 11th | Australia | 90.37 | -18.0% |
| 12th | Lithuania | 91.39 | 5.9% |
| 13th | United Arab Emirates | 92.44 | 4.8% |
| 14th | Switzerland | 92.53 | 12.7% |
| 15th | Congo, Democratic Republic of | 92.59 | 1.4% |
| 16th | Samoa | 92.75 | 3.0% |
| 17th | India | 93.71 | -4.9% |
| 18th | Estonia | 94.30 | 5.9% |
| 19th | Saudi Arabia | 94.30 | 22.9% |
| 20th | Guyana | 94.43 | -0.5% |
| 21st | Papua New Guinea | 95.35 | 12.5% |
| 22nd | Antigua and Barbuda | 95.38 | -2.9% |
| 23rd | Colombia | 95.44 | -20.7% |
| 24th | Canada | 95.99 | -21.5% |
| 25th | Equatorial Guinea | 96.88 | 2.8% |
| 26th | China | 97.01 | 36.3% |
| 27th | Singapore | 97.02 | 11.4% |
| 28th | Bolivia, Plurinational State of | 97.23 | 12.2% |
| 29th | St. Lucia | 97.36 | -0.6% |
| 30th | Pakistan | 97.39 | -4.8% |
| 31st | St. Kitts and Nevis | 97.47 | -1.2% |
| 32nd | New Zealand | 97.49 | -8.5% |
| 33rd | Slovak Republic | 97.62 | 11.1% |
| 34th | Philippines | 97.76 | 17.9% |
| 35th | Malaysia | 97.79 | -14.7% |
| 36th | Nicaragua | 97.82 | 3.8% |
| 37th | Bahrain | 97.84 | -6.9% |
| 38th | Malawi | 97.94 | 3.0% |
| 39th | Chile | 98.26 | -13.9% |
| 40th | Indonesia | 98.29 | -3.8% |
| 41st | Israel | 98.32 | 26.3% |
| 42nd | Bahamas, The | 98.41 | -1.0% |
| 43rd | Russian Federation | 98.92 | -18.4% |
| 44th | Grenada | 98.98 | 0.3% |
| 45th | Norway | 99.05 | -21.3% |
| 46th | St. Vincent and the Grenadines | 99.14 | 1.0% |
| 47th | Greece | 99.46 | -10.1% |
| 48th | Nigeria | 99.56 | 10.0% |
| 49th | Bulgaria | 99.66 | 15.9% |
| 50th | Dominican Republic | 99.76 | -0.9% |
| 51st | Belize | 99.84 | -1.4% |
| 52nd | Dominica | 100.09 | -2.6% |
| 53rd | United States | 100.44 | 13.5% |
| 54th | Solomon Islands | 100.54 | 6.9% |
| 55th | Serbia | 100.79 | 6.5% |
| 56th | Sierra Leone | 101.43 | 4.9% |
| 57th | Hong Kong SAR, China | 101.57 | 19.2% |
| 58th | Denmark | 101.74 | 1.8% |
| 59th | Luxembourg | 101.81 | 2.3% |
| 60th | Latvia | 102.21 | 14.4% |
| 61st | Algeria | 102.23 | -5.2% |
| 62nd | Croatia | 102.30 | -2.2% |
| 63rd | Austria | 102.74 | 4.2% |
| 64th | Slovenia | 103.20 | 1.8% |
| 65th | Tunisia | 103.33 | -1.2% |
| 66th | Morocco | 103.35 | 1.5% |
| 67th | Czechia | 103.50 | 13.5% |
| 68th | Netherlands | 103.66 | 1.0% |
| 69th | Cyprus | 103.76 | -5.6% |
| 70th | North Macedonia | 103.90 | 5.9% |
| 71st | Spain | 103.92 | -1.3% |
| 72nd | Italy | 103.93 | -3.6% |
| 73rd | Portugal | 103.96 | -1.3% |
| 74th | Moldova | 104.07 | 18.6% |
| 75th | Belgium | 104.15 | 5.5% |
| 76th | Ghana | 104.34 | -4.6% |
| 77th | Central African Republic | 104.39 | 6.8% |
| 78th | Togo | 104.48 | 4.7% |
| 79th | France | 104.49 | -4.5% |
| 80th | Hungary | 104.89 | -12.7% |
| 81st | Cameroon | 105.01 | 2.8% |
| 82nd | Sweden | 105.20 | -13.5% |
| 83rd | Malta | 105.33 | 3.1% |
| 84th | Finland | 105.68 | 0.7% |
| 85th | Gabon | 105.76 | 3.4% |
| 86th | Germany | 105.88 | -2.6% |
| 87th | Mexico | 106.07 | -24.2% |
| 88th | Romania | 106.42 | -7.2% |
| 89th | Côte d'Ivoire | 107.06 | 4.4% |
| 90th | Georgia | 107.64 | 10.7% |
| 91st | Armenia | 107.86 | 8.5% |
| 92nd | Korea | 108.14 | -11.0% |
| 93rd | Paraguay | 108.23 | 14.6% |
| 94th | Uganda | 111.29 | 3.1% |
| 95th | United Kingdom | 111.77 | -12.3% |
| 96th | Poland | 111.83 | 0.1% |
| 97th | Bosnia and Herzegovina | 111.89 | 3.2% |
| 98th | Zambia | 112.60 | 15.4% |
| 99th | Ireland | 113.16 | -7.4% |
| 100th | Gambia, The | 113.74 | 5.8% |
| 101st | Ukraine | 117.36 | 8.4% |
| 102nd | Lesotho | 117.44 | -7.2% |
| 103rd | Fiji | 119.69 | 2.3% |
| 104th | Iceland | 120.23 | -2.5% |
| 105th | Türkiye | 174.25 | 1.2% |
| 106th | Argentina | 199.60 | -2.7% |
FAQ
What was Russian Federation's real effective exchange rate in 2008?▾
Russian Federation's real effective exchange rate in 2008 was 98.92. This ranked 43rd globally.
How did Russian Federation's real effective exchange rate change in 2008?▾
Russian Federation's real effective exchange rate decreased by 18.4% in 2008 compared to 2007.
Which country had the highest real effective exchange rate in 2008?▾
Argentina had the highest real effective exchange rate in 2008 at 199.60.
What is the real effective exchange rate of Russian Federation in 2008?▾
The real effective exchange rate of Russian Federation in 2008 was 98.92. This ranked 43rd globally.
How does 2008 compare to 2007 for Russian Federation's real effective exchange rate?▾
Russian Federation's real effective exchange rate went from 93.42 in 2007 to 98.92 in 2008, a 18.4% decrease.
HistorySaid - pattern alert
Russian Federation matched the Fiscal Dominance Trap pattern in 2008. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 6.8%. View full analysis →
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Peak: 2026
Lowest: 1999
Real Effective Exchange Rate 1990s
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