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Real effective exchange rate index (2010 = 100)

(index)

Republic of Korea is the top country by real effective exchange rate in the world. As of 2018, real effective exchange rate in Republic of Korea was 156.8 index. The top 5 countries also includes Bolivia, Iceland, Solomon Islands, and Central African Republic.

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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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