Venezuela (Bolivarian Republic of) is the top country by real effective exchange rate in the world. As of 2017, real effective exchange rate in Venezuela (Bolivarian Republic of) was 2,321.5 index. The top 5 countries also includes Republic of Korea, Bolivia, Iceland, and Solomon Islands.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
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.