Türkiye - Real Effective Exchange Rate 2020
Türkiye's real effective exchange rate was 100.00 in 2020, decreased +10.83 from 110.83 in 2019. This was the 60th highest globally.
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Brazil | 55.58 | -55.9% |
| 2nd | Zambia | 66.45 | -16.7% |
| 3rd | Colombia | 68.00 | -37.3% |
| 4th | South Africa | 71.07 | -36.1% |
| 5th | Ghana | 74.62 | 1.6% |
| 6th | Lesotho | 75.13 | -6.0% |
| 7th | Mexico | 77.10 | -28.9% |
| 8th | Japan | 77.31 | -22.0% |
| 9th | Norway | 78.12 | -27.1% |
| 10th | Russian Federation | 80.80 | -25.9% |
| 11th | Canada | 80.84 | -20.1% |
| 12th | Dominican Republic | 82.09 | -5.7% |
| 13th | Malaysia | 84.40 | -18.7% |
| 14th | Chile | 84.61 | -22.4% |
| 15th | Tunisia | 85.20 | 8.7% |
| 16th | Australia | 85.33 | -15.7% |
| 17th | Hungary | 85.67 | -17.7% |
| 18th | Cyprus | 87.59 | -11.9% |
| 19th | Sweden | 87.71 | -10.3% |
| 20th | Ireland | 88.08 | -11.8% |
| 21st | Greece | 88.31 | -12.3% |
| 22nd | Georgia | 89.52 | -3.4% |
| 23rd | Algeria | 91.22 | -12.6% |
| 24th | Ukraine | 92.00 | -1.5% |
| 25th | Malta | 92.85 | -5.9% |
| 26th | Poland | 92.93 | -6.6% |
| 27th | Croatia | 93.37 | -7.8% |
| 28th | Malawi | 94.65 | 8.9% |
| 29th | France | 94.94 | -4.2% |
| 30th | Italy | 95.09 | -4.6% |
| 31st | Dominica | 95.38 | -0.7% |
| 32nd | Gambia, The | 95.50 | 2.2% |
| 33rd | Grenada | 95.76 | -0.7% |
| 34th | Nicaragua | 95.97 | 0.0% |
| 35th | Togo | 95.98 | 2.1% |
| 36th | Germany | 96.35 | -2.6% |
| 37th | Spain | 96.36 | -3.5% |
| 38th | Denmark | 96.68 | -2.6% |
| 39th | St. Kitts and Nevis | 97.20 | -1.1% |
| 40th | Uganda | 97.22 | 1.8% |
| 41st | Côte d'Ivoire | 97.58 | 3.7% |
| 42nd | Pakistan | 97.59 | 0.3% |
| 43rd | Portugal | 97.71 | -2.0% |
| 44th | Finland | 98.25 | -0.8% |
| 45th | Romania | 98.62 | 0.1% |
| 46th | United Kingdom | 98.80 | -1.1% |
| 47th | North Macedonia | 99.62 | 1.2% |
| 48th | Cameroon | 99.70 | 3.1% |
| 49th | Peru | 100.00 | -1.4% |
| 50th | Slovenia | 100.00 | 0.3% |
| 51st | United Arab Emirates | 100.00 | -3.4% |
| 52nd | Argentina | 100.00 | 1.2% |
| 53rd | Indonesia | 100.00 | -1.8% |
| 54th | India | 100.00 | 0.6% |
| 55th | Lithuania | 100.00 | 1.9% |
| 56th | Serbia | 100.00 | 2.7% |
| 57th | Thailand | 100.00 | -2.8% |
| 58th | Bosnia and Herzegovina | 100.00 | -0.7% |
| 59th | Estonia | 100.00 | 0.1% |
| 60th | Türkiye | 100.00 | -9.8% |
| 61st | Czechia | 100.24 | 0.9% |
| 62nd | St. Lucia | 100.76 | -1.8% |
| 63rd | New Zealand | 100.88 | 0.0% |
| 64th | Luxembourg | 100.99 | 1.7% |
| 65th | Belgium | 101.22 | 2.4% |
| 66th | Bahamas, The | 101.45 | -0.6% |
| 67th | Morocco | 101.59 | 2.7% |
| 68th | Netherlands | 101.88 | 3.6% |
| 69th | Armenia | 102.28 | -0.1% |
| 70th | Slovak Republic | 103.14 | 5.5% |
| 71st | Gabon | 103.24 | 2.6% |
| 72nd | Samoa | 103.60 | -2.0% |
| 73rd | Singapore | 103.63 | 1.0% |
| 74th | Austria | 103.68 | 5.3% |
| 75th | St. Vincent and the Grenadines | 104.00 | -1.5% |
| 76th | Belize | 104.40 | 0.4% |
| 77th | Latvia | 104.56 | 5.4% |
| 78th | Bulgaria | 105.34 | 8.2% |
| 79th | Bahrain | 107.22 | -3.2% |
| 80th | Sierra Leone | 107.23 | 3.1% |
| 81st | Guyana | 107.31 | 0.4% |
| 82nd | Costa Rica | 107.87 | 1.0% |
| 83rd | Switzerland | 108.18 | 12.4% |
| 84th | Equatorial Guinea | 108.22 | 6.0% |
| 85th | Uruguay | 108.54 | -4.6% |
| 86th | Paraguay | 108.86 | -1.3% |
| 87th | Fiji | 110.39 | -3.2% |
| 88th | Philippines | 111.27 | 17.7% |
| 89th | Israel | 111.50 | 14.0% |
| 90th | Antigua and Barbuda | 112.19 | 0.3% |
| 91st | Saudi Arabia | 115.79 | 18.5% |
| 92nd | Burundi | 116.31 | 1.9% |
| 93rd | United States | 118.01 | 19.7% |
| 94th | Nigeria | 119.52 | -3.8% |
| 95th | Iceland | 120.82 | 11.2% |
| 96th | China | 123.64 | 26.3% |
| 97th | Congo, Democratic Republic of | 126.26 | 1.2% |
| 98th | Papua New Guinea | 127.46 | 2.2% |
| 99th | Central African Republic | 127.88 | 2.1% |
| 100th | Trinidad and Tobago | 127.98 | 0.9% |
| 101st | Solomon Islands | 129.87 | 1.9% |
| 102nd | Moldova | 132.03 | 5.1% |
| 103rd | Hong Kong SAR, China | 132.63 | 32.8% |
| 104th | Korea | 136.98 | 34.3% |
| 105th | Bolivia, Plurinational State of | 159.00 | 5.5% |
| 106th | Iran, Islamic Republic of | 167.52 | 30.0% |
FAQ
Türkiye's real effective exchange rate in 2020 was 100.00. This ranked 60th globally.
Türkiye's real effective exchange rate decreased by 9.8% in 2020 compared to 2019.
Iran, Islamic Republic of had the highest real effective exchange rate in 2020 at 167.52.
The real effective exchange rate of Türkiye in 2020 was 100.00. This ranked 60th globally.
Türkiye's real effective exchange rate went from 110.83 in 2019 to 100.00 in 2020, a 9.8% decrease.
Türkiye matched the Stagflation Risk pattern in 2020. Historically: 307 occurrences, 117 successful (38%). Outcome 24 months later: 72.3%. View full analysis →