Iran Real Effective Exchange Rate

1979 - 2024 | Monthly | 2005=100 | CEIC Data

Key information about Iran Real Effective Exchange Rate

  • Iran Real Effective Exchange Rate (REER: 2005=100: Month Avg: Iran) was 860.8 in Jul 2024, compared with the number of 847.5 in the previous month.
  • Iran Real Effective Exchange Rate data is updated monthly and averaged 860.8 from Jan 1979 to Jul 2024.
  • The data reached an all-time high of 860.8 in Jul 2024 and a record low of 68.2 in Aug 1992.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. The International Monetary Fund provides Real Effective Exchange Rate with base 2010=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.
  • Iran Exchange Rate against USD averaged 42,000.0 (USD/IRR) in Jun 2023.
  • View Iran's Real Effective Exchange Rate from Jan 1979 to Jul 2024 in the chart:

    Iran Real Effective Exchange Rate

    What was Iran's Real Effective Exchange Rate in Jul 2024?

    Iran Real Effective Exchange Rate (REER: 2005=100: Month Avg: Iran) was 860.8 in Jul 2024, compared with the number of 847.5 in the previous month. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    860.8 Jul 2024 847.5 Jun 2024 68.2 Aug 1992 860.8 Jul 2024 2005=100 monthly Jan 1979 - Jul 2024

    Real Effective Exchange Rate by Country Comparison

    country/region Last Frequency Range
    Algeria (2005=100) 105.2 Aug 2024 monthly Jan 1994 - Aug 2024
    Argentina (2005=100) 53.9 Aug 2024 monthly Jan 1997 - Aug 2024
    Armenia (2005=100) 238.2 Jul 2024 monthly Jan 1997 - Jul 2024
    Australia (2005=100) 104.3 Aug 2024 monthly Jan 1994 - Aug 2024
    Austria (2005=100) 103.6 Aug 2024 monthly Jan 1993 - Aug 2024
    Azerbaijan (2005=100) 147.4 Aug 2024 monthly Jan 2005 - Aug 2024
    Bahrain (2005=100) 96.7 Jul 2024 monthly Jan 1980 - Jul 2024
    Bangladesh (2015-2016=100) 102.0 2023 yearly 2011 - 2023
    Belarus (2005=100) 101.0 Dec 2014 monthly Jan 1996 - Dec 2014
    Belgium (2005=100) 102.6 Aug 2024 monthly Jan 1993 - Aug 2024
    Bolivia (2005=100) 56.3 Jul 2024 monthly Jan 1991 - Jul 2024
    Bosnia and Herzegovina (2005=100) 96.6 Jun 2024 monthly Jan 2005 - Jun 2024
    Botswana (Dec2018=100) 97.1 Aug 2023 monthly Dec 2009 - Aug 2023
    Brazil (2005=100) 83.3 Jul 2024 monthly Jan 1988 - Jul 2024
    Bulgaria (2005=100) 129.5 Jul 2024 monthly Jan 1993 - Jul 2024
    Canada (2005=100) 91.1 Jun 2024 monthly Jan 1999 - Jun 2024
    Chile (2005=100) 109.9 Aug 2024 monthly Jan 1986 - Aug 2024
    China (2005=100) 135.0 Aug 2024 monthly Jan 1994 - Aug 2024
    Colombia (2005=100) 113.6 Aug 2024 monthly Jan 1990 - Aug 2024
    Croatia (2005=100) 103.1 Aug 2024 monthly Jan 1993 - Aug 2024
    Cyprus (2005=100) 91.5 Aug 2024 monthly Jan 1993 - Aug 2024
    Czech Republic (2005=100) 152.4 May 2023 monthly Jan 1995 - May 2023
    Denmark (2005=100) 96.8 Dec 2023 monthly Jan 1970 - Dec 2023
    Ecuador (2007=100) 110.3 Nov 2017 monthly Jan 2011 - Nov 2017
    Estonia (2005=100) 143.0 Aug 2024 monthly Jan 1993 - Aug 2024
    European Union (2005=100) 92.7 Aug 2024 monthly Jan 1993 - Aug 2024
    Finland (2005=100) 94.2 Aug 2024 monthly Jan 1993 - Aug 2024
    France (2005=100) 91.4 Aug 2024 monthly Jan 1993 - Aug 2024
    Georgia (2005=100) 133.3 Aug 2024 monthly Dec 1995 - Aug 2024
    Germany (2005=100) 95.5 Aug 2024 monthly Jan 1993 - Aug 2024
    Ghana (2005=100) 66.2 Jul 2024 monthly Dec 1979 - Jul 2024
    Greece (2005=100) 94.3 Aug 2024 monthly Jan 1993 - Aug 2024
    Hong Kong SAR, China (2005=100) 107.9 Aug 2024 monthly Jan 1994 - Aug 2024
    Hungary (2005=100) 100.5 Jul 2024 monthly Jan 1990 - Jul 2024
    Iceland (2005=100) 89.2 Aug 2024 monthly Jan 1979 - Aug 2024
    India (2005=100) 115.9 Aug 2024 monthly Apr 2004 - Aug 2024
    Indonesia (2005=100) 111.8 Aug 2024 monthly Jan 1994 - Aug 2024
    Iran (2005=100) 860.8 Jul 2024 monthly Jan 1979 - Jul 2024
    Ireland (2005=100) 84.4 Aug 2024 monthly Jan 1993 - Aug 2024
    Israel (2005=100) 121.5 Aug 2024 monthly Jan 1994 - Aug 2024
    Italy (2005=100) 94.5 Jun 2023 monthly Jan 1993 - Jun 2023
    Ivory Coast (2005=100) 99.5 Jul 2024 monthly Dec 1979 - Jul 2024
    Japan (2005=100) 56.7 Aug 2024 monthly Jan 1970 - Aug 2024
    Kazakhstan (2005=100) 99.7 Jul 2024 monthly Jan 1995 - Jul 2024
    Kenya (2005=100) 73.5 Aug 2015 monthly Oct 1997 - Aug 2015
    South Korea (2005=100) 81.9 Aug 2024 monthly Jan 1994 - Aug 2024
    Kosovo (Jan2007=100) 118.5 Aug 2024 monthly Dec 2006 - Aug 2024
    Kyrgyzstan (2005=100) 138.3 Aug 2024 monthly Jan 2000 - Aug 2024
    Latvia (2005=100) 131.4 Aug 2024 monthly Jan 1993 - Aug 2024
    Lithuania (2005=100) 130.8 Aug 2024 monthly Jan 1993 - Aug 2024
    Luxembourg (2005=100) 98.7 Aug 2024 monthly Jan 1993 - Aug 2024
    North Macedonia (2005=100) 111.5 May 2023 monthly Jan 1993 - May 2023
    Malawi (2010=100) 88.2 Jul 2024 monthly Dec 1979 - Jul 2024
    Malaysia (2005=100) 90.6 Aug 2024 monthly Jan 1994 - Aug 2024
    Malta (2005=100) 97.4 Aug 2024 monthly Jan 1993 - Aug 2024
    Mexico (2005=100) 92.5 Jul 2024 monthly Jan 1968 - Jul 2024
    Moldova (2005=100) 226.7 Jul 2024 monthly Nov 1993 - Jul 2024
    Mongolia (2005=100) 122.1 Jul 2024 monthly Jan 2000 - Jul 2024
    Morocco (2005=100) 94.3 Jul 2024 monthly Jan 1988 - Jul 2024
    Netherlands (2005=100) 98.5 Aug 2024 monthly Jan 1993 - Aug 2024
    New Zealand (2005=100) 97.4 Jul 2024 monthly Jan 1984 - Jul 2024
    Nigeria (2005=100) 72.8 Jul 2024 monthly Dec 1979 - Jul 2024
    Norway (2005=100) 73.0 Aug 2024 monthly Jan 1994 - Aug 2024
    Pakistan (2010=100) 98.8 Dec 2023 monthly Jan 2013 - Dec 2023
    Paraguay (2005=100) 69.4 Jul 2024 monthly Jan 1995 - Jul 2024
    Peru (2005=100) 92.4 Aug 2024 monthly Jan 1991 - Aug 2024
    Philippines (2005=100) 139.3 Aug 2024 monthly Jan 1993 - Aug 2024
    Poland (2005=100) 115.9 Aug 2024 monthly Jan 1994 - Aug 2024
    Portugal (2005=100) 93.5 Aug 2024 monthly Jan 1993 - Aug 2024
    Romania (2005=100) 113.1 Aug 2024 monthly Jan 1994 - Aug 2024
    Russia (2005=100) 98.5 Aug 2024 monthly Jan 1994 - Aug 2024
    Saudi Arabia (2005=100) 125.1 Aug 2024 monthly Jan 1994 - Aug 2024
    Serbia (2005=100) 143.2 Aug 2024 monthly Jan 2002 - Aug 2024
    Singapore (2005=100) 136.1 Aug 2024 monthly Jan 1994 - Aug 2024
    Slovakia (2005=100) 138.5 Aug 2024 monthly Jan 1993 - Aug 2024
    Slovenia (2005=100) 101.0 Aug 2024 monthly Jan 1993 - Aug 2024
    South Africa (2005=100) 88.5 Jun 2024 monthly Jan 1970 - Jun 2024
    Spain (2005=100) 97.3 Aug 2024 monthly Jan 1993 - Aug 2024
    Sri Lanka (2017=100) 74.4 Jul 2024 monthly Jan 2013 - Jul 2024
    Sweden (2005=100) 78.4 Aug 2024 monthly Jan 1994 - Aug 2024
    Switzerland (2005=100) 115.9 Aug 2024 monthly Jan 1973 - Aug 2024
    Taiwan (2005=100) 90.8 Aug 2024 monthly Jan 1994 - Aug 2024
    Thailand (2005=100) 117.4 Jul 2024 monthly Jan 1994 - Jul 2024
    Tunisia (2005=100) 83.9 Jul 2024 monthly Jan 1979 - Jul 2024
    Turkey (2005=100) 55.3 Aug 2024 monthly Jan 1994 - Aug 2024
    Ukraine (2005=100) 82.1 Jul 2024 monthly Dec 1992 - Jul 2024
    United Arab Emirates (2005=100) 124.4 Aug 2024 monthly Jan 1994 - Aug 2024
    United Kingdom (2005=100) 87.5 Aug 2024 monthly Jan 1994 - Aug 2024
    United States (Jan2006=100) 116.1 Aug 2024 monthly Jan 2006 - Aug 2024
    Uruguay (2005=100) 44.5 Jul 2024 monthly Jan 2000 - Jul 2024
    Venezuela (2005=100) 0.8 Feb 2019 monthly Jan 1994 - Feb 2019
    Zambia (2005=100) 123.6 Jun 2024 monthly Jan 2013 - Jun 2024

    Accurate Macro & Micro Economic Data You Can Trust

    Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

    Learn more about what we do

    Iran Key Series

    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) -4.3 Mar 2021 quarterly Mar 2006 - Mar 2021
    Consolidated Fiscal Balance (USD mn) -13,054.478 Mar 2020 quarterly Jun 2005 - Mar 2020
    Tax Revenue (USD mn) 77,585.714 2021 yearly 1996 - 2021
    Tax Revenue: % of GDP (%) 4.9 2021 yearly 1996 - 2021
    Government Debt: % of GDP (%) 7.5 Dec 2023 quarterly Mar 1998 - Dec 2023
    Forecast: Government Expenditure (IRR bn) 120,935,593.881 2030 yearly 1991 - 2030
    Forecast: Government Net Debt (IRR bn) 201,591,565.280 2029 yearly 1997 - 2029
    Forecast: Government Revenue (IRR bn) 49,697,235.080 2029 yearly 1991 - 2029
    Govt Revenues excl Special Rev: Tax: on Goods & Services: Value Added (IRR bn) 813,300.000 2022 yearly 2009 - 2022
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) -0.334 2028 yearly 1980 - 2028
    Trade Balance (USD mn) 32,176.0 2023 yearly 1948 - 2023
    Total Exports (USD mn) 98,207.0 2023 yearly 1948 - 2023
    Total Exports Growth (%) 0.4 2023 yearly 1949 - 2023
    Aluminum: Exports (USD th) 1,002,082.029 2023 yearly 1995 - 2023
    Exports: Medicament (USD th) 74,489.339 2022 yearly 1995 - 2022
    Exports: Medicinal and Pharmaceutical Product (USD th) 118,020.140 2022 yearly 1995 - 2022
    Total Imports (USD mn) 60,308.7 2023 yearly 1979 - 2023
    Total Imports Growth (%) 13.8 2023 yearly 1980 - 2023
    Imports: Medicament (USD th) 983,181.900 2022 yearly 1995 - 2022
    Imports: Medicinal and Pharmaceutical Product (USD th) 737,849.362 2022 yearly 1995 - 2022
    Total Exports to USA (USD mn) 0.714 May 2024 monthly Feb 2016 - May 2024
    Total Imports from USA (USD mn) 13.368 May 2024 monthly May 2001 - May 2024
    Total Exports to China (USD mn) 231.711 May 2024 monthly Dec 1990 - May 2024
    Total Imports from China (USD mn) 784.210 May 2024 monthly Jan 1981 - May 2024
    Exports (USD mn) 54,139.404 2023 yearly 1979 - 2023
    Exports: IG: Plastic Materials and Their Products (USD mn) 6,321.000 2022 yearly 2002 - 2022
    Exports: Industrial Goods (IG) (USD mn) 42,828.000 2022 yearly 1979 - 2022
    Exports: Iraq (USD mn) 7,448.430 2021 yearly 1995 - 2021
    Exports: United Arab Emirates (USD mn) 4,661.620 2021 yearly 1995 - 2021
    Exports: Germany (USD mn) 233.060 2021 yearly 1995 - 2021
    Exports: Russia (USD mn) 504.580 2021 yearly 1995 - 2021
    Exports: China (USD mn) 9,077.120 2021 yearly 1995 - 2021
    Imports: Machinery and Transportation Vehicles (MT) (USD mn) 18,854.000 2022 yearly 1979 - 2022
    Imports: Foodstuffs and Live Animals (FA) (USD mn) 11,680.000 2022 yearly 1979 - 2022
    Imports: Chemicals (USD mn) 7,802.000 2022 yearly 1979 - 2022
    Imports: Mineral Products, Fuels, Industrial Oils and Grease (MP) (USD mn) 850.000 2022 yearly 1979 - 2022
    Imports: Miscellaneous Finished Products (MF) (USD mn) 1,592.000 2022 yearly 1979 - 2022
    Imports: Natural Gas (Cub m bn) 0.300 2021 yearly 1974 - 2021
    Imports: United Arab Emirates (USD mn) 9,757.790 2021 yearly 1995 - 2021
    Imports: Germany (USD mn) 1,851.170 2021 yearly 1995 - 2021
    Imports: Russia (USD mn) 1,070.260 2021 yearly 1995 - 2021
    Imports: Turkey (USD mn) 4,400.090 2021 yearly 1995 - 2021
    Imports: China (USD mn) 9,843.010 2021 yearly 1995 - 2021
    Export Value Index (2015=100) 101.950 2021 yearly 1980 - 2021
    Import Value Index (2015=100) 108.993 2021 yearly 1980 - 2021
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 156.0 2018 yearly 1997 - 2018
    Current Account Balance (USD mn) 14,204.8 2023 yearly 1997 - 2023
    Current Account Balance: % of GDP (%) 0.6 2023 yearly 1997 - 2023
    Foreign Direct Investment (USD mn) 838.3 2021 yearly 1997 - 2021
    Foreign Direct Investment: % of GDP (%) 0.1 2021 yearly 1997 - 2021
    Foreign Portfolio Investment (USD mn) 45.600 2021 yearly 1997 - 2021
    Foreign Portfolio Investment: % of GDP (%) 0.0 2021 yearly 1997 - 2021
    External Debt (USD mn) 6,281.7 2023 yearly 1994 - 2023
    External Debt: % of GDP (%) 0.3 2023 yearly 1994 - 2023
    External Debt: Short Term (USD mn) 1,792.1 2023 yearly 1994 - 2023
    External Debt: Short Term: % of GDP (%) 0.1 2023 yearly 1994 - 2023
    Forecast: Current Account Balance (USD bn) 18.440 2029 yearly 1980 - 2029
    BoP: CA: Goods (USD mn) 22,246.787 2023 yearly 1998 - 2023
    BoP: CA: Income (USD mn) -1,053.243 2023 yearly 1998 - 2023
    BoP: CA: Services (USD mn) -6,691.163 2023 yearly 1998 - 2023
    BoP: CA: Current Transfers (USD mn) -297.584 2023 yearly 1998 - 2023
    BoP: CA: Current Transfers: Debit (USD mn) 387.400 2022 yearly 1998 - 2022
    BoP: CA: Income: Credit (USD mn) 1,276.200 2022 yearly 1998 - 2022
    BoP: CA: Current Transfers: Credit (USD mn) 1,540.830 2022 yearly 1998 - 2022
    BoP: CA: Errors and Omissions (USD mn) 4,897.120 2023 yearly 1998 - 2023
    BoP: CA: CF: Capital Account: Debit (USD mn) -7,544.000 2022 yearly 1998 - 2022
    BoP: CA: CF: Capital Account: Credit (USD mn) 0.000 2022 yearly 1998 - 2022
    BoP: CA: Income: Debit (USD mn) 1,770.800 2022 yearly 1998 - 2022
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 8.3 Dec 2023 monthly Jan 2011 - Dec 2023
    Money Supply M1 (USD mn) 48,364.746 Jun 2024 monthly Dec 1999 - Jun 2024
    Money Supply M2 (USD mn) 211,714.780 Jun 2024 monthly Dec 1999 - Jun 2024
    M2 Growth (%) 26.8 Jun 2024 monthly Dec 2000 - Jun 2024
    Reserve Requirement Ratio (%) 10.0 May 2024 monthly Mar 2008 - May 2024
    Total Deposits (USD mn) 359,949.521 2022 yearly 1973 - 2022
    Total Deposits Growth (%) 67.2 2022 yearly 1974 - 2022
    Domestic Credit (USD mn) 276,897.2 Feb 2017 monthly Jan 1964 - Feb 2017
    Domestic Credit Growth (%) 25.8 Feb 2017 monthly Jan 1965 - Feb 2017
    Total Loans (USD mn) 236,845.352 2016 yearly 1967 - 2016
    Total Loans Growth (%) 23.00 2016 yearly 1968 - 2016
    Private Debt: % of Nominal GDP (%) 60.30 2016 yearly 1961 - 2016
    Money Supply: Monetary Base (IRR bn) 11,130,300.000 Jun 2024 monthly Dec 1999 - Jun 2024
    Money Supply: M2: Quasi Money (IRR bn) 63,003,300.000 Jun 2024 monthly Dec 1999 - Jun 2024
    Money Supply: M2: M1 (IRR bn) 19,084,100.000 Jun 2024 monthly Dec 1999 - Jun 2024

    More Indicators for Iran

    Request a demo of CEIC

    CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

    Request a demo
    Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
    Unlimited access tailored to your data needs
    Flexible monthly access to CEIC data