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Real effective exchange rate index (2010 = 100)

(index)

In 2018, real effective exchange rate in Brazil was 71 index. In the ranking by real effective exchange rate including 94 countries, Brazil is the bottom country that is close to the positions of such countries as Ghana and the Japan. Compared to Republic of Korea which at the top of the ranking with real effective exchange rate of 156.8 index in 2018, Brazil has 54.73 % percent lower real effective exchange rate.

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What is real effective exchange rate?

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.

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