Türkiye - Real Effective Exchange Rate 2024
95.25
+10.20 from 2023
Türkiye's real effective exchange rate was 95.25 in 2024, increased +10.20 from 85.05 in 2023. This was the 33rd highest globally.
Global Ranking - 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Japan | 55.02 | -26.5% |
| 2nd | Brazil | 60.70 | -46.6% |
| 3rd | Nigeria | 63.92 | -44.7% |
| 4th | Ghana | 67.82 | -4.8% |
| 5th | South Africa | 72.60 | -26.0% |
| 6th | Zambia | 73.28 | -13.3% |
| 7th | Norway | 73.67 | -22.0% |
| 8th | Colombia | 74.58 | -23.5% |
| 9th | Lesotho | 77.78 | 4.1% |
| 10th | Russian Federation | 80.03 | -21.7% |
| 11th | Canada | 80.51 | -19.8% |
| 12th | Malaysia | 80.96 | -15.0% |
| 13th | Chile | 84.16 | -22.9% |
| 14th | Malawi | 84.16 | -15.4% |
| 15th | Sweden | 84.55 | -10.6% |
| 16th | Dominican Republic | 85.79 | -5.0% |
| 17th | Greece | 87.35 | -12.2% |
| 18th | Ukraine | 87.58 | -4.6% |
| 19th | Cyprus | 88.06 | -12.9% |
| 20th | Grenada | 88.29 | -1.5% |
| 21st | Ireland | 88.81 | -11.5% |
| 22nd | St. Kitts and Nevis | 90.05 | -2.1% |
| 23rd | France | 91.97 | -5.0% |
| 24th | Australia | 92.05 | -13.5% |
| 25th | Malta | 92.46 | -6.6% |
| 26th | Korea | 92.51 | -4.3% |
| 27th | Hungary | 93.21 | -15.7% |
| 28th | Tunisia | 93.22 | 5.2% |
| 29th | Dominica | 93.87 | 0.4% |
| 30th | Thailand | 94.16 | -0.9% |
| 31st | Denmark | 94.21 | -3.7% |
| 32nd | Italy | 95.03 | -5.3% |
| 33rd | Türkiye | 95.25 | 12.0% |
| 34th | Portugal | 95.58 | -2.7% |
| 35th | Hong Kong SAR, China | 95.66 | -3.1% |
| 36th | Bahamas, The | 96.21 | -2.4% |
| 37th | St. Lucia | 97.14 | -3.4% |
| 38th | Spain | 97.26 | -2.9% |
| 39th | Germany | 97.48 | -2.7% |
| 40th | Croatia | 98.16 | -5.1% |
| 41st | Luxembourg | 98.57 | 0.9% |
| 42nd | Finland | 98.77 | -1.7% |
| 43rd | Indonesia | 100.09 | -1.7% |
| 44th | Mexico | 100.21 | -23.3% |
| 45th | Gabon | 100.87 | -0.1% |
| 46th | Nicaragua | 100.96 | 2.3% |
| 47th | Morocco | 101.08 | 3.1% |
| 48th | Côte d'Ivoire | 101.34 | 2.5% |
| 49th | Slovenia | 101.51 | -0.3% |
| 50th | India | 102.05 | 2.7% |
| 51st | Equatorial Guinea | 102.34 | 1.4% |
| 52nd | United Arab Emirates | 102.36 | 0.5% |
| 53rd | Pakistan | 102.52 | 12.1% |
| 54th | Peru | 102.88 | 1.6% |
| 55th | Belgium | 103.68 | 3.0% |
| 56th | Gambia, The | 103.72 | -1.3% |
| 57th | Bosnia and Herzegovina | 103.83 | -0.7% |
| 58th | Bahrain | 103.91 | -0.5% |
| 59th | Netherlands | 104.63 | 3.0% |
| 60th | St. Vincent and the Grenadines | 105.91 | 1.1% |
| 61st | Algeria | 106.12 | -4.8% |
| 62nd | New Zealand | 106.18 | 0.5% |
| 63rd | Belize | 106.28 | 1.2% |
| 64th | Israel | 106.35 | 12.5% |
| 65th | Togo | 106.91 | 3.5% |
| 66th | Paraguay | 106.97 | 0.4% |
| 67th | Austria | 107.64 | 5.0% |
| 68th | Fiji | 108.16 | 1.6% |
| 69th | United Kingdom | 108.37 | 1.9% |
| 70th | Cameroon | 108.82 | 3.7% |
| 71st | Uganda | 110.18 | 2.3% |
| 72nd | Switzerland | 110.84 | 10.5% |
| 73rd | North Macedonia | 110.90 | 1.0% |
| 74th | Romania | 111.64 | 1.4% |
| 75th | Georgia | 112.13 | -6.2% |
| 76th | Lithuania | 112.75 | -1.8% |
| 77th | Guyana | 112.79 | 0.3% |
| 78th | Poland | 113.01 | 0.0% |
| 79th | China | 113.12 | 20.6% |
| 80th | Sierra Leone | 113.43 | 19.4% |
| 81st | Philippines | 113.68 | 12.2% |
| 82nd | Slovak Republic | 113.87 | 5.6% |
| 83rd | Serbia | 114.71 | 2.4% |
| 84th | Latvia | 115.81 | 6.0% |
| 85th | Antigua and Barbuda | 116.10 | 2.3% |
| 86th | Samoa | 116.58 | -0.3% |
| 87th | Bulgaria | 117.79 | 5.3% |
| 88th | Estonia | 118.28 | 1.6% |
| 89th | Costa Rica | 119.07 | 3.6% |
| 90th | Saudi Arabia | 119.66 | 17.0% |
| 91st | Czechia | 120.33 | -4.2% |
| 92nd | Singapore | 120.99 | 7.5% |
| 93rd | Papua New Guinea | 121.48 | -6.8% |
| 94th | Armenia | 122.33 | -3.3% |
| 95th | Congo, Democratic Republic of | 127.59 | 0.5% |
| 96th | Central African Republic | 127.99 | -0.4% |
| 97th | Trinidad and Tobago | 128.43 | -1.0% |
| 98th | Uruguay | 128.79 | 1.0% |
| 99th | Argentina | 129.72 | 2.5% |
| 100th | United States | 130.60 | 21.7% |
| 101st | Iceland | 137.80 | 25.1% |
| 102nd | Solomon Islands | 139.57 | 2.7% |
| 103rd | Burundi | 141.13 | 4.1% |
| 104th | Bolivia, Plurinational State of | 156.58 | 5.2% |
| 105th | Moldova | 180.67 | 4.3% |
| 106th | Iran, Islamic Republic of | 625.71 | 31.0% |
FAQ
What was Türkiye's real effective exchange rate in 2024?▾
Türkiye's real effective exchange rate in 2024 was 95.25. This ranked 33rd globally.
How did Türkiye's real effective exchange rate change in 2024?▾
Türkiye's real effective exchange rate increased by 12.0% in 2024 compared to 2023.
Which country had the highest real effective exchange rate in 2024?▾
Iran, Islamic Republic of had the highest real effective exchange rate in 2024 at 625.71.
What is the real effective exchange rate of Türkiye in 2024?▾
The real effective exchange rate of Türkiye in 2024 was 95.25. This ranked 33rd globally.
How does 2024 compare to 2023 for Türkiye's real effective exchange rate?▾
Türkiye's real effective exchange rate went from 85.05 in 2023 to 95.25 in 2024, a 12.0% increase.
Related
2023
2025
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Full ranking 2024
Exchange Rate
Foreign Reserves
Reserves in Months of Imports
Peak: 2010
Lowest: 2022
Real Effective Exchange Rate 1990s
Real Effective Exchange Rate 2000s
Real Effective Exchange Rate 2010s
Real Effective Exchange Rate 2020s
Highest ever
Lowest ever
Average
vs Trinidad and Tobago
vs American Samoa
vs Maldives
vs Russian Federation
G20 Real Effective Exchange Rate
NATO Real Effective Exchange Rate
Organisation of Islamic Cooperation Real Effective Exchange Rate
OECD Real Effective Exchange Rate
Global Ranking