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 769.3 in Feb 2024, compared with the number of 753.4 in the previous month.
  • Iran Real Effective Exchange Rate data is updated monthly and averaged 769.3 from Jan 1979 to Feb 2024.
  • The data reached an all-time high of 769.3 in Feb 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 Feb 2024 in the chart:

    Iran Real Effective Exchange Rate

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

    Iran Real Effective Exchange Rate (REER: 2005=100: Month Avg: Iran) was 769.3 in Feb 2024, compared with the number of 753.4 in the previous month. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    769.3 Feb 2024 753.4 Jan 2024 68.2 Aug 1992 769.3 Feb 2024 2005=100 monthly Jan 1979 - Feb 2024

    Real Effective Exchange Rate by Country Comparison

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    Includes Real Effective Exchange Rate on 92 economies standardised by CEIC. Instant access to full history data in excel.
    country/region Last Frequency Range
    Algeria (2005=100) 103.0 Feb 2024 monthly Jan 1994 - Feb 2024
    Argentina (2005=100) 65.6 Mar 2024 monthly Jan 1997 - Mar 2024
    Armenia (2005=100) 235.7 Jan 2024 monthly Jan 1997 - Jan 2024
    Australia (2005=100) 102.0 Feb 2024 monthly Jan 1994 - Feb 2024
    Austria (2005=100) 103.9 Feb 2024 monthly Jan 1993 - Feb 2024
    Azerbaijan (2005=100) 152.0 Feb 2024 monthly Jan 2005 - Feb 2024
    Bahrain (2005=100) 95.8 Feb 2024 monthly Jan 1980 - Feb 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) 101.1 Feb 2024 monthly Jan 1993 - Feb 2024
    Bolivia (2005=100) 53.5 Oct 2023 monthly Jan 1991 - Oct 2023
    Bosnia and Herzegovina (2005=100) 98.4 Jan 2024 monthly Jan 2005 - Jan 2024
    Botswana (Dec2018=100) 97.1 Aug 2023 monthly Dec 2009 - Aug 2023
    Brazil (2005=100) 95.4 Jan 2024 monthly Jan 1988 - Jan 2024
    Bulgaria (2005=100) 130.1 Mar 2024 monthly Jan 1993 - Mar 2024
    Canada (2005=100) 91.5 Dec 2023 monthly Jan 1999 - Dec 2023
    Chile (2005=100) 115.0 Feb 2024 monthly Jan 1986 - Feb 2024
    China (2005=100) 138.0 Feb 2024 monthly Jan 1994 - Feb 2024
    Colombia (2005=100) 115.6 Feb 2024 monthly Jan 1990 - Feb 2024
    Croatia (2005=100) 101.3 Feb 2024 monthly Jan 1993 - Feb 2024
    Cyprus (2005=100) 90.2 Feb 2024 monthly Jan 1993 - Feb 2024
    Czech Republic (2005=100) 152.4 May 2023 monthly Jan 1995 - May 2023
    Denmark (2005=100) 98.0 Sep 2023 monthly Jan 1970 - Sep 2023
    Ecuador (2007=100) 110.3 Nov 2017 monthly Jan 2011 - Nov 2017
    Estonia (2005=100) 143.5 Feb 2024 monthly Jan 1993 - Feb 2024
    European Union (2005=100) 92.6 Mar 2024 monthly Jan 1993 - Mar 2024
    Finland (2005=100) 94.3 Feb 2024 monthly Jan 1993 - Feb 2024
    France (2005=100) 90.9 Feb 2024 monthly Jan 1993 - Feb 2024
    Georgia (2005=100) 141.1 Feb 2024 monthly Dec 1995 - Feb 2024
    Germany (2005=100) 94.8 Feb 2024 monthly Jan 1993 - Feb 2024
    Ghana (2005=100) 71.9 Feb 2024 monthly Dec 1979 - Feb 2024
    Greece (2005=100) 92.8 Feb 2024 monthly Jan 1993 - Feb 2024
    Hong Kong SAR, China (2005=100) 109.0 Feb 2024 monthly Jan 1994 - Feb 2024
    Hungary (2005=100) 100.7 Feb 2024 monthly Jan 1990 - Feb 2024
    Iceland (2005=100) 89.1 Feb 2024 monthly Jan 1979 - Feb 2024
    India (2005=100) 115.1 Feb 2024 monthly Apr 2004 - Feb 2024
    Indonesia (2005=100) 114.5 Feb 2024 monthly Jan 1994 - Feb 2024
    Iran (2005=100) 769.3 Feb 2024 monthly Jan 1979 - Feb 2024
    Ireland (2005=100) 83.6 Feb 2024 monthly Jan 1993 - Feb 2024
    Israel (2005=100) 123.2 Feb 2024 monthly Jan 1994 - Feb 2024
    Italy (2005=100) 94.5 Jun 2023 monthly Jan 1993 - Jun 2023
    Ivory Coast (2005=100) 97.2 Feb 2024 monthly Dec 1979 - Feb 2024
    Japan (2005=100) 54.8 Feb 2024 monthly Jan 1970 - Feb 2024
    Kazakhstan (2005=100) 99.4 Jan 2024 monthly Jan 1995 - Jan 2024
    Kenya (2005=100) 73.5 Aug 2015 monthly Oct 1997 - Aug 2015
    South Korea (2005=100) 84.0 Feb 2024 monthly Jan 1994 - Feb 2024
    Kosovo (Jan2007=100) 119.7 Feb 2024 monthly Dec 2006 - Feb 2024
    Kyrgyzstan (2005=100) 135.1 Feb 2024 monthly Jan 2000 - Feb 2024
    Latvia (2005=100) 132.2 Feb 2024 monthly Jan 1993 - Feb 2024
    Lithuania (2005=100) 130.7 Feb 2024 monthly Jan 1993 - Feb 2024
    Luxembourg (2005=100) 98.3 Feb 2024 monthly Jan 1993 - Feb 2024
    North Macedonia (2005=100) 111.5 May 2023 monthly Jan 1993 - May 2023
    Malawi (2010=100) 79.9 Feb 2024 monthly Dec 1979 - Feb 2024
    Malaysia (2005=100) 84.2 Feb 2024 monthly Jan 1994 - Feb 2024
    Malta (2005=100) 97.4 Feb 2024 monthly Jan 1993 - Feb 2024
    Mexico (2005=100) 88.7 Jan 2024 monthly Jan 1968 - Jan 2024
    Moldova (2005=100) 218.6 Feb 2024 monthly Nov 1993 - Feb 2024
    Mongolia (2005=100) 119.4 Dec 2023 monthly Jan 2000 - Dec 2023
    Morocco (2005=100) 96.4 Feb 2024 monthly Jan 1988 - Feb 2024
    Netherlands (2005=100) 97.1 Feb 2024 monthly Jan 1993 - Feb 2024
    New Zealand (2005=100) 99.0 Feb 2024 monthly Jan 1984 - Feb 2024
    Nigeria (2005=100) 64.0 Feb 2024 monthly Dec 1979 - Feb 2024
    Norway (2005=100) 75.3 Feb 2024 monthly Jan 1994 - Feb 2024
    Pakistan (2010=100) 98.8 Dec 2023 monthly Jan 2013 - Dec 2023
    Paraguay (2005=100) 69.9 Jan 2024 monthly Jan 1995 - Jan 2024
    Peru (2005=100) 91.2 Mar 2024 monthly Jan 1991 - Mar 2024
    Philippines (2005=100) 148.2 Feb 2024 monthly Jan 1993 - Feb 2024
    Poland (2005=100) 112.6 Feb 2024 monthly Jan 1994 - Feb 2024
    Portugal (2005=100) 92.9 Feb 2024 monthly Jan 1993 - Feb 2024
    Romania (2005=100) 113.1 Feb 2024 monthly Jan 1994 - Feb 2024
    Russia (2005=100) 94.7 Feb 2024 monthly Jan 1994 - Feb 2024
    Saudi Arabia (2005=100) 126.8 Feb 2024 monthly Jan 1994 - Feb 2024
    Serbia (2005=100) 141.8 Feb 2024 monthly Jan 2002 - Feb 2024
    Singapore (2005=100) 133.6 Feb 2024 monthly Jan 1994 - Feb 2024
    Slovakia (2005=100) 137.9 Feb 2024 monthly Jan 1993 - Feb 2024
    Slovenia (2005=100) 100.7 Feb 2024 monthly Jan 1993 - Feb 2024
    South Africa (2005=100) 84.3 Jan 2024 monthly Jan 1970 - Jan 2024
    Spain (2005=100) 97.4 Feb 2024 monthly Jan 1993 - Feb 2024
    Sri Lanka (2017=100) 75.1 Feb 2024 monthly Jan 2013 - Feb 2024
    Sweden (2005=100) 80.6 Feb 2024 monthly Jan 1994 - Feb 2024
    Switzerland (2005=100) 115.9 Feb 2024 monthly Jan 1973 - Feb 2024
    Taiwan (2005=100) 93.8 Feb 2024 monthly Jan 1994 - Feb 2024
    Thailand (2005=100) 116.9 Feb 2024 monthly Jan 1994 - Feb 2024
    Tunisia (2005=100) 81.8 Feb 2024 monthly Jan 1979 - Feb 2024
    Turkey (2005=100) 51.5 Mar 2024 monthly Jan 1994 - Mar 2024
    Ukraine (2005=100) 83.5 Feb 2024 monthly Dec 1992 - Feb 2024
    United Arab Emirates (2005=100) 125.4 Feb 2024 monthly Jan 1994 - Feb 2024
    United Kingdom (2005=100) 87.1 Feb 2024 monthly Jan 1994 - Feb 2024
    United States (Jan2006=100) 114.8 Mar 2024 monthly Jan 2006 - Mar 2024
    Uruguay (2005=100) 43.5 Feb 2024 monthly Jan 2000 - Feb 2024
    Venezuela (2005=100) 0.8 Feb 2019 monthly Jan 1994 - Feb 2019
    Zambia (2005=100) 127.0 Dec 2023 monthly Jan 2013 - Dec 2023

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    Iran Key Series

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    Includes 159 key indicators for Iran, curated by CEIC analysts. Instant access to full history data in excel.
    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) 49,233.333 2020 yearly 1996 - 2020
    Tax Revenue: % of GDP (%) 5.1 2020 yearly 1996 - 2020
    Government Debt: % of GDP (%) 8.3 Sep 2023 quarterly Mar 1998 - Sep 2023
    Forecast: Government Expenditure (IRR bn) 88,375,352.640 2029 yearly 1991 - 2029
    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
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) -0.334 2028 yearly 1980 - 2028
    Trade Balance (USD mn) 22,668.0 2021 yearly 1948 - 2021
    Total Exports (USD mn) 71,646.0 2021 yearly 1948 - 2021
    Total Exports Growth (%) 52.7 2021 yearly 1949 - 2021
    Aluminum: Exports (USD th) 960,124.146 2022 yearly 1995 - 2022
    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) 0.581 Dec 2023 monthly Feb 2016 - Dec 2023
    Total Imports from USA (USD mn) 21.856 Dec 2023 monthly May 2001 - Dec 2023
    Total Exports to China (USD mn) 381.980 Nov 2023 monthly Dec 1990 - Nov 2023
    Total Imports from China (USD mn) 1,134.364 Dec 2023 monthly Jan 1981 - Dec 2023
    Exports: Industrial Goods (IG) (USD mn) 34,704.000 2020 yearly 1979 - 2020
    Exports: IG: Plastic Materials and Their Products (USD mn) 4,333.000 2020 yearly 2002 - 2020
    Exports: Iraq (USD mn) 7,448.430 2021 yearly 1995 - 2021
    Exports: China (USD mn) 9,077.120 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 (USD mn) 54,139.404 2023 yearly 1979 - 2023
    Imports: Chemicals (USD mn) 6,212.880 2021 yearly 1979 - 2021
    Imports: Foodstuffs and Live Animals (FA) (USD mn) 7,670.380 2021 yearly 1979 - 2021
    Imports: Miscellaneous Finished Products (MF) (USD mn) 1,455.590 2021 yearly 1979 - 2021
    Imports: Mineral Products, Fuels, Industrial Oils and Grease (MP) (USD mn) 487.690 2021 yearly 1979 - 2021
    Imports: Machinery and Transportation Vehicles (MT) (USD mn) 13,616.510 2021 yearly 1979 - 2021
    Imports: Natural Gas (Cub m bn) 0.300 2021 yearly 1974 - 2021
    Imports: China (USD mn) 9,843.010 2021 yearly 1995 - 2021
    Imports: Turkey (USD mn) 4,400.090 2021 yearly 1995 - 2021
    Imports: Germany (USD mn) 1,851.170 2021 yearly 1995 - 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 2020 yearly 1997 - 2020
    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) 12.060 2028 yearly 1980 - 2028
    BoP: CA: Current Transfers (USD mn) -297.584 2023 yearly 1998 - 2023
    BoP: CA: Income: Debit (USD mn) 1,770.800 2022 yearly 1998 - 2022
    BoP: CA: Current Transfers: Debit (USD mn) 387.400 2022 yearly 1998 - 2022
    BoP: CA: Services (USD mn) -6,691.163 2023 yearly 1998 - 2023
    BoP: CA: CF: Capital Account: Credit (USD mn) 0.000 2021 yearly 1998 - 2021
    BoP: CA: Income (USD mn) -1,053.243 2023 yearly 1998 - 2023
    BoP: CA: CF: Capital Account: Debit (USD mn) -5,888.600 2021 yearly 1998 - 2021
    BoP: CA: Current Transfers: Credit (USD mn) 1,540.830 2022 yearly 1998 - 2022
    BoP: CA: Goods (USD mn) 22,246.787 2023 yearly 1998 - 2023
    BoP: CA: Income: Credit (USD mn) 1,147.800 2021 yearly 1998 - 2021
    BoP: CA: Errors and Omissions (USD mn) 4,897.120 2023 yearly 1998 - 2023
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 7.3 Sep 2023 monthly Jan 2011 - Sep 2023
    Money Supply M1 (USD mn) 438,880.952 Jan 2024 monthly Dec 1999 - Jan 2024
    Money Supply M2 (USD mn) 1,802,833.333 Jan 2024 monthly Dec 1999 - Jan 2024
    M2 Growth (%) 25.4 Jan 2024 monthly Dec 2000 - Jan 2024
    Reserve Requirement Ratio (%) 10.0 Feb 2024 monthly Mar 2008 - Feb 2024
    Total Deposits (USD mn) 1,479.779 2022 yearly 1973 - 2022
    Total Deposits Growth (%) 31.0 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: M2: M1 (IRR bn) 18,433,000.000 Jan 2024 monthly Dec 1999 - Jan 2024
    Money Supply: M2: Quasi Money (IRR bn) 57,286,000.000 Jan 2024 monthly Dec 1999 - Jan 2024
    Money Supply: Monetary Base (IRR bn) 10,335,100.000 Jan 2024 monthly Dec 1999 - Jan 2024

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