Serbia - Real Effective Exchange Rate 2004
Serbia's real effective exchange rate was 82.74 in 2004, decreased +1.29 from 84.03 in 2003. This was the 19th highest globally.
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Brazil | 60.45 | -32.4% |
| 2nd | Zambia | 65.11 | 5.2% |
| 3rd | Iran, Islamic Republic of | 70.30 | -0.4% |
| 4th | Armenia | 71.65 | 5.5% |
| 5th | Uruguay | 72.46 | -1.5% |
| 6th | Russian Federation | 74.36 | -14.7% |
| 7th | Slovak Republic | 74.79 | 11.4% |
| 8th | Colombia | 75.22 | -15.6% |
| 9th | Nigeria | 75.31 | 2.2% |
| 10th | Trinidad and Tobago | 76.00 | -1.8% |
| 11th | Philippines | 76.02 | 10.0% |
| 12th | Thailand | 76.80 | -0.4% |
| 13th | Moldova | 77.68 | 14.5% |
| 14th | Czechia | 78.79 | 0.9% |
| 15th | Dominican Republic | 79.96 | 0.1% |
| 16th | United Arab Emirates | 79.97 | -3.2% |
| 17th | Burundi | 81.34 | -3.7% |
| 18th | Paraguay | 82.05 | 3.1% |
| 19th | Serbia | 82.74 | -1.5% |
| 20th | Bulgaria | 82.77 | 10.7% |
| 21st | Romania | 82.87 | 0.7% |
| 22nd | Estonia | 83.31 | 2.2% |
| 23rd | Georgia | 83.35 | 6.8% |
| 24th | Costa Rica | 84.81 | -3.1% |
| 25th | Lithuania | 85.13 | -0.2% |
| 26th | Australia | 85.42 | -9.6% |
| 27th | Canada | 85.44 | -15.3% |
| 28th | Latvia | 85.76 | 4.2% |
| 29th | China | 85.85 | 21.4% |
| 30th | Congo, Democratic Republic of | 86.97 | -4.5% |
| 31st | Solomon Islands | 87.31 | -2.1% |
| 32nd | Poland | 87.48 | -8.8% |
| 33rd | Equatorial Guinea | 87.94 | 6.8% |
| 34th | Guyana | 88.15 | -4.5% |
| 35th | Papua New Guinea | 88.37 | 3.3% |
| 36th | Samoa | 89.81 | 11.6% |
| 37th | Israel | 89.86 | 5.2% |
| 38th | Indonesia | 90.17 | -4.5% |
| 39th | India | 90.32 | 1.0% |
| 40th | Peru | 90.58 | -1.5% |
| 41st | Chile | 91.03 | -8.4% |
| 42nd | Sierra Leone | 91.35 | -10.5% |
| 43rd | Singapore | 92.02 | 5.1% |
| 44th | Bolivia, Plurinational State of | 92.14 | -6.5% |
| 45th | Malaysia | 93.48 | -18.2% |
| 46th | Ukraine | 93.53 | -2.1% |
| 47th | Gambia, The | 93.82 | -1.5% |
| 48th | Ghana | 94.17 | 3.4% |
| 49th | Central African Republic | 94.21 | -3.1% |
| 50th | Hungary | 94.88 | -9.1% |
| 51st | Croatia | 95.69 | -3.8% |
| 52nd | Norway | 95.81 | -25.3% |
| 53rd | Greece | 96.30 | -9.4% |
| 54th | Nicaragua | 96.94 | -3.8% |
| 55th | Switzerland | 97.36 | 6.6% |
| 56th | Pakistan | 98.02 | -0.8% |
| 57th | St. Kitts and Nevis | 98.66 | -4.2% |
| 58th | Malawi | 98.70 | -10.8% |
| 59th | Spain | 98.70 | -1.3% |
| 60th | Togo | 99.04 | 0.8% |
| 61st | Uganda | 99.42 | 3.8% |
| 62nd | Luxembourg | 99.42 | 2.0% |
| 63rd | New Zealand | 100.25 | 5.5% |
| 64th | Gabon | 100.90 | 0.0% |
| 65th | Côte d'Ivoire | 100.92 | 1.2% |
| 66th | Belgium | 101.31 | 4.5% |
| 67th | Denmark | 101.40 | 2.5% |
| 68th | Slovenia | 101.46 | -0.3% |
| 69th | Ireland | 101.85 | -8.7% |
| 70th | Grenada | 102.27 | -3.6% |
| 71st | Malta | 102.80 | 3.8% |
| 72nd | Cameroon | 102.89 | -0.6% |
| 73rd | St. Lucia | 102.96 | -4.8% |
| 74th | North Macedonia | 103.01 | -0.1% |
| 75th | Cyprus | 103.02 | -5.0% |
| 76th | Portugal | 103.23 | -0.8% |
| 77th | Algeria | 103.44 | -9.6% |
| 78th | St. Vincent and the Grenadines | 103.47 | -4.3% |
| 79th | Austria | 103.92 | 5.1% |
| 80th | Italy | 104.64 | -2.9% |
| 81st | South Africa | 104.76 | -19.3% |
| 82nd | Saudi Arabia | 104.85 | 16.7% |
| 83rd | Netherlands | 105.31 | 1.7% |
| 84th | France | 105.54 | -3.5% |
| 85th | Bahamas, The | 105.98 | -6.2% |
| 86th | Mexico | 105.98 | -26.1% |
| 87th | Japan | 106.08 | -21.8% |
| 88th | Morocco | 106.99 | 0.7% |
| 89th | Finland | 107.02 | -0.8% |
| 90th | Korea | 107.24 | 5.4% |
| 91st | Bosnia and Herzegovina | 107.38 | -1.1% |
| 92nd | Germany | 107.65 | -1.4% |
| 93rd | Belize | 108.41 | -3.1% |
| 94th | Antigua and Barbuda | 110.94 | -2.7% |
| 95th | Sweden | 112.18 | -11.4% |
| 96th | United States | 112.40 | 12.6% |
| 97th | Dominica | 112.87 | -4.0% |
| 98th | Bahrain | 114.93 | -8.6% |
| 99th | Hong Kong SAR, China | 116.10 | 15.9% |
| 100th | Tunisia | 116.75 | -3.8% |
| 101st | Fiji | 117.41 | 1.9% |
| 102nd | United Kingdom | 127.77 | 3.5% |
| 103rd | Lesotho | 128.70 | 15.8% |
| 104th | Iceland | 140.06 | 27.6% |
| 105th | Türkiye | 145.69 | 3.2% |
| 106th | Argentina | 218.65 | -3.8% |
FAQ
Serbia's real effective exchange rate in 2004 was 82.74. This ranked 19th globally.
Serbia's real effective exchange rate decreased by 1.5% in 2004 compared to 2003.
Argentina had the highest real effective exchange rate in 2004 at 218.65.
The real effective exchange rate of Serbia in 2004 was 82.74. This ranked 19th globally.
Serbia's real effective exchange rate went from 84.03 in 2003 to 82.74 in 2004, a 1.5% decrease.
Serbia matched the Fiscal Dominance Trap pattern in 2004. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 11.7%. View full analysis →