Economy > Currency > Real effective exchange rate index: Countries Compared
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DEFINITION:
Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.
2000 = 100.
2000 = 100.
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Interesting observations about Economy > Currency > Real effective exchange rate index
- Russia ranked first for currency > real effective exchange rate index amongst Europe in 2005.
- Slovakia ranked first for currency > real effective exchange rate index amongst High income OECD countries in 2005.
- United States ranked second last for currency > real effective exchange rate index amongst Group of 7 countries (G7) in 2005.
- Ecuador ranked first for currency > real effective exchange rate index amongst Christian countries in 2005.
- Hungary ranked first for currency > real effective exchange rate index amongst Heavily indebted countries in 2005.
- Democratic Republic of the Congo has ranked last for currency > real effective exchange rate index since 2001.
- United Kingdom ranked second last for currency > real effective exchange rate index amongst European Union in 2005.
- Germany ranked third last for currency > real effective exchange rate index amongst Eurozone in 2005.
- Australia ranked first for currency > real effective exchange rate index amongst Non-religious countries in 2005.
- Zambia ranked first for currency > real effective exchange rate index amongst Former British colonies in 2005.