Paraguay Real Effective Exchange Rate

1995 - 2023 | Monthly | 2005=100 | CEIC Data

Key information about Paraguay Real Effective Exchange Rate

  • Paraguay Real Effective Exchange Rate (REER: 2005=100: Month Avg: Paraguay) was 69.9 in Dec 2023, compared with the number of 71.7 in the previous month.
  • Paraguay Real Effective Exchange Rate data is updated monthly and averaged 103.3 from Jan 1995 to Dec 2023.
  • The data reached an all-time high of 103.3 in Feb 2005 and a record low of 55.3 in Feb 1999.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. The Central Bank of Paraguay provides Real Exchange Rate Index with base January 1995=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.
  • The cash rate (Policy Rate: Month End: Target Rate) was set at 6.5 % pa in Jan 2024.
  • Paraguay Exchange Rate against USD averaged 7,265.8 (USD/PYG) in Jun 2023.
  • View Paraguay's Real Effective Exchange Rate from Jan 1995 to Dec 2023 in the chart:

    Paraguay Real Effective Exchange Rate

    What was Paraguay's Real Effective Exchange Rate in Dec 2023?

    Paraguay Real Effective Exchange Rate (REER: 2005=100: Month Avg: Paraguay) was 69.9 in Dec 2023, compared with the number of 71.7 in the previous month. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    69.9 Dec 2023 71.7 Nov 2023 55.3 Feb 1999 103.3 Feb 2005 2005=100 monthly Jan 1995 - Dec 2023

    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) 103.6 Jan 2024 monthly Jan 1994 - Jan 2024
    Argentina (2005=100) 71.7 Feb 2024 monthly Jan 1997 - Feb 2024
    Armenia (2005=100) 216.2 Dec 2023 monthly Jan 1997 - Dec 2023
    Australia (2005=100) 103.4 Jan 2024 monthly Jan 1994 - Jan 2024
    Austria (2005=100) 104.0 Dec 2023 monthly Jan 1993 - Dec 2023
    Azerbaijan (2005=100) 150.8 Jan 2024 monthly Jan 2005 - Jan 2024
    Bahrain (2005=100) 95.7 Dec 2023 monthly Jan 1980 - Dec 2023
    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) 100.7 Dec 2023 monthly Jan 1993 - Dec 2023
    Bolivia (2005=100) 53.5 Oct 2023 monthly Jan 1991 - Oct 2023
    Bosnia and Herzegovina (2005=100) 98.4 Dec 2023 monthly Jan 2005 - Dec 2023
    Botswana (Dec2018=100) 97.1 Aug 2023 monthly Dec 2009 - Aug 2023
    Brazil (2005=100) 94.3 Dec 2023 monthly Jan 1988 - Dec 2023
    Bulgaria (2005=100) 129.6 Feb 2024 monthly Jan 1993 - Feb 2024
    Canada (2005=100) 91.5 Dec 2023 monthly Jan 1999 - Dec 2023
    Chile (2005=100) 108.5 Jan 2024 monthly Jan 1986 - Jan 2024
    China (2005=100) 135.3 Jan 2024 monthly Jan 1994 - Jan 2024
    Colombia (2005=100) 120.9 Jan 2024 monthly Jan 1990 - Jan 2024
    Croatia (2005=100) 101.5 Dec 2023 monthly Jan 1993 - Dec 2023
    Cyprus (2005=100) 92.0 Dec 2023 monthly Jan 1993 - Dec 2023
    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) 141.2 Dec 2023 monthly Jan 1993 - Dec 2023
    European Union (2005=100) 91.9 Feb 2024 monthly Jan 1993 - Feb 2024
    Finland (2005=100) 94.3 Dec 2023 monthly Jan 1993 - Dec 2023
    France (2005=100) 91.4 Dec 2023 monthly Jan 1993 - Dec 2023
    Georgia (2005=100) 140.5 Jan 2024 monthly Dec 1995 - Jan 2024
    Germany (2005=100) 94.8 Dec 2023 monthly Jan 1993 - Dec 2023
    Ghana (2005=100) 73.2 Dec 2023 monthly Dec 1979 - Dec 2023
    Greece (2005=100) 92.9 Dec 2023 monthly Jan 1993 - Dec 2023
    Hong Kong SAR, China (2005=100) 109.6 Jan 2024 monthly Jan 1994 - Jan 2024
    Hungary (2005=100) 99.7 Dec 2023 monthly Jan 1990 - Dec 2023
    Iceland (2005=100) 88.2 Jan 2024 monthly Jan 1979 - Jan 2024
    India (2005=100) 114.0 Jan 2024 monthly Apr 2004 - Jan 2024
    Indonesia (2005=100) 113.6 Jan 2024 monthly Jan 1994 - Jan 2024
    Iran (2005=100) 722.9 Dec 2023 monthly Jan 1979 - Dec 2023
    Ireland (2005=100) 84.5 Dec 2023 monthly Jan 1993 - Dec 2023
    Israel (2005=100) 120.8 Jan 2024 monthly Jan 1994 - Jan 2024
    Italy (2005=100) 94.5 Jun 2023 monthly Jan 1993 - Jun 2023
    Ivory Coast (2005=100) 96.8 Dec 2023 monthly Dec 1979 - Dec 2023
    Japan (2005=100) 56.9 Jan 2024 monthly Jan 1970 - Jan 2024
    Kazakhstan (2005=100) 97.0 Dec 2023 monthly Jan 1995 - Dec 2023
    Kenya (2005=100) 73.5 Aug 2015 monthly Oct 1997 - Aug 2015
    South Korea (2005=100) 83.8 Jan 2024 monthly Jan 1994 - Jan 2024
    Kosovo (Jan2007=100) 119.0 Jan 2024 monthly Dec 2006 - Jan 2024
    Kyrgyzstan (2005=100) 137.2 Dec 2023 monthly Jan 2000 - Dec 2023
    Latvia (2005=100) 130.8 Dec 2023 monthly Jan 1993 - Dec 2023
    Lithuania (2005=100) 133.0 Dec 2023 monthly Jan 1993 - Dec 2023
    Luxembourg (2005=100) 99.0 Dec 2023 monthly Jan 1993 - Dec 2023
    North Macedonia (2005=100) 111.5 May 2023 monthly Jan 1993 - May 2023
    Malawi (2010=100) 78.9 Dec 2023 monthly Dec 1979 - Dec 2023
    Malaysia (2005=100) 85.4 Jan 2024 monthly Jan 1994 - Jan 2024
    Malta (2005=100) 97.2 Dec 2023 monthly Jan 1993 - Dec 2023
    Mexico (2005=100) 90.4 Dec 2023 monthly Jan 1968 - Dec 2023
    Moldova (2005=100) 218.0 Dec 2023 monthly Nov 1993 - Dec 2023
    Mongolia (2005=100) 119.4 Dec 2023 monthly Jan 2000 - Dec 2023
    Morocco (2005=100) 94.1 Dec 2023 monthly Jan 1988 - Dec 2023
    Netherlands (2005=100) 96.5 Dec 2023 monthly Jan 1993 - Dec 2023
    New Zealand (2005=100) 98.9 Jan 2024 monthly Jan 1984 - Jan 2024
    Nigeria (2005=100) 120.8 Dec 2023 monthly Dec 1979 - Dec 2023
    Norway (2005=100) 76.0 Jan 2024 monthly Jan 1994 - Jan 2024
    Pakistan (2010=100) 98.8 Dec 2023 monthly Jan 2013 - Dec 2023
    Paraguay (2005=100) 69.9 Dec 2023 monthly Jan 1995 - Dec 2023
    Peru (2005=100) 93.3 Jan 2024 monthly Jan 1991 - Jan 2024
    Philippines (2005=100) 148.5 Jan 2024 monthly Jan 1993 - Jan 2024
    Poland (2005=100) 114.2 Jan 2024 monthly Jan 1994 - Jan 2024
    Portugal (2005=100) 93.0 Dec 2023 monthly Jan 1993 - Dec 2023
    Romania (2005=100) 111.8 Jan 2024 monthly Jan 1994 - Jan 2024
    Russia (2005=100) 96.9 Jan 2024 monthly Jan 1994 - Jan 2024
    Saudi Arabia (2005=100) 126.8 Jan 2024 monthly Jan 1994 - Jan 2024
    Serbia (2005=100) 142.2 Jan 2024 monthly Jan 2002 - Jan 2024
    Singapore (2005=100) 134.7 Jan 2024 monthly Jan 1994 - Jan 2024
    Slovakia (2005=100) 137.7 Dec 2023 monthly Jan 1993 - Dec 2023
    Slovenia (2005=100) 101.2 Jan 2024 monthly Jan 1993 - Jan 2024
    South Africa (2005=100) 84.4 Dec 2023 monthly Jan 1970 - Dec 2023
    Spain (2005=100) 96.8 Dec 2023 monthly Jan 1993 - Dec 2023
    Sri Lanka (2017=100) 73.0 Jan 2024 monthly Jan 2013 - Jan 2024
    Sweden (2005=100) 79.8 Jan 2024 monthly Jan 1994 - Jan 2024
    Switzerland (2005=100) 117.7 Jan 2024 monthly Jan 1973 - Jan 2024
    Taiwan (2005=100) 93.8 Jan 2024 monthly Jan 1994 - Jan 2024
    Thailand (2005=100) 118.3 Jan 2024 monthly Jan 1994 - Jan 2024
    Tunisia (2005=100) 81.3 Dec 2023 monthly Jan 1979 - Dec 2023
    Turkey (2005=100) 49.6 Oct 2023 monthly Jan 1994 - Oct 2023
    Ukraine (2005=100) 85.3 Dec 2023 monthly Dec 1992 - Dec 2023
    United Arab Emirates (2005=100) 136.6 Dec 2023 monthly Jan 1994 - Dec 2023
    United Kingdom (2005=100) 86.2 Jan 2024 monthly Jan 1994 - Jan 2024
    United States (Jan2006=100) 115.0 Feb 2024 monthly Jan 2006 - Feb 2024
    Uruguay (2005=100) 42.4 Jan 2024 monthly Jan 2000 - Jan 2024
    Venezuela (2005=100) 0.8 Feb 2019 monthly Jan 1994 - Feb 2019
    Zambia (2005=100) 109.6 Oct 2023 monthly Jan 2013 - Oct 2023

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    Paraguay Key Series

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    Includes 152 key indicators for Paraguay, curated by CEIC analysts. Instant access to full history data in excel.
    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) -0.9 Sep 2023 quarterly Dec 2003 - Sep 2023
    Consolidated Fiscal Balance (USD mn) 137.341 Jan 2024 monthly Jan 2003 - Jan 2024
    Tax Revenue (USD mn) 398.753 Jan 2024 monthly Jan 1998 - Jan 2024
    Tax Revenue: % of GDP (%) 11.1 Sep 2023 quarterly Mar 1998 - Sep 2023
    National Government Debt (USD mn) 13,433.8 2022 yearly 2003 - 2022
    Government Debt: % of GDP (%) 34.0 Sep 2023 quarterly Dec 2014 - Sep 2023
    Forecast: Government Expenditure (PYG bn) 99,141.700 2028 yearly 1980 - 2028
    Forecast: Government Net Debt (PYG bn) 178,023.570 2028 yearly 1990 - 2028
    Forecast: Government Revenue (PYG bn) 94,342.870 2028 yearly 1980 - 2028
    Central Government: Revenue: Total (PYG mn) 3,801,718.581 Jan 2024 monthly Jan 2003 - Jan 2024
    Central Government: Expenditure: Total (PYG mn) 2,802,240.299 Jan 2024 monthly Jan 2003 - Jan 2024
    Central Government: Operating Balance (PYG mn) 999,478.283 Jan 2024 monthly Jan 2003 - Jan 2024
    Central Government: Net Acquisition of Nonfinancial Assets (NANFA) (PYG mn) 37,041.825 Jan 2024 monthly Jan 2003 - Jan 2024
    Central Government: Loan Net / Net Debt (PYG mn) 962,436.457 Jan 2024 monthly Jan 2003 - Jan 2024
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 2.724 2028 yearly 1980 - 2028
    Trade Balance (USD mn) -71.6 Jan 2024 monthly Jan 1994 - Jan 2024
    Total Exports (USD mn) 1,338.3 Jan 2024 monthly Jan 1994 - Jan 2024
    Total Exports Growth (%) 31.5 Jan 2024 monthly Jan 1995 - Jan 2024
    Aluminum: Exports (USD th) 10,446.436 2022 yearly 1995 - 2022
    Exports: Medicament (USD th) 70,176.502 2022 yearly 1995 - 2022
    Exports: Medicinal and Pharmaceutical Product (USD th) 14,511.739 2022 yearly 1995 - 2022
    Total Imports (USD mn) 1,409.9 Jan 2024 monthly Jan 1994 - Jan 2024
    Total Imports Growth (%) 11.1 Jan 2024 monthly Jan 1995 - Jan 2024
    Imports: Medicament (USD th) 219,155.393 2022 yearly 1995 - 2022
    Imports: Medicinal and Pharmaceutical Product (USD th) 235,760.563 2022 yearly 1995 - 2022
    Total Exports to USA (USD mn) 24.196 Nov 2023 monthly Nov 1978 - Nov 2023
    Total Imports from USA (USD mn) 263.192 Dec 2023 quarterly Mar 1994 - Dec 2023
    Total Exports to China (USD mn) 20.529 2023 yearly 2000 - 2023
    Total Imports from China (USD mn) 1,407.698 Dec 2023 quarterly Mar 2000 - Dec 2023
    Exports: Primary Products: Soy (USD th) 279,174.724 Jan 2024 monthly Jan 1994 - Jan 2024
    Exports: Agricultural Products: Beef (USD th) 117,164.033 Jan 2024 monthly Jan 1994 - Jan 2024
    Exports: Agricultural Products: Soybean Oil (USD th) 27,130.338 Jan 2024 monthly Jan 1994 - Jan 2024
    Exports: Agricultural Products: Cakes, Soy Flours & Pellets (USD th) 31,891.287 Jan 2024 monthly Jan 1994 - Jan 2024
    Exports: Fuels & Energy: Electric Power (USD th) 136,380.211 Jan 2024 monthly Jan 1994 - Jan 2024
    Exports: fob: Uruguay (USD th) 81,697.364 Dec 2023 quarterly Mar 1994 - Dec 2023
    Imports: Intermediate Goods: Fuels & Lubricants: Gas oil (USD th) 110,671.996 Jan 2024 monthly Jan 1994 - Jan 2024
    Imports: Intermediate Goods: Chemicals (USD th) 108,570.417 Jan 2024 monthly Jan 1994 - Jan 2024
    Imports: Capital Goods: MAM: Computers (USD th) 36,806.394 Jan 2024 monthly Jan 1994 - Jan 2024
    Imports: Capital Goods: MAM: Other Engines & Equipment (USD th) 302,935.285 Jan 2024 monthly Jan 1994 - Jan 2024
    Imports: Capital Goods: MAM: Spare Parts & Accessories for Machines, Engines & E... (USD th) 81,135.779 Jan 2024 monthly Jan 1994 - Jan 2024
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 157.0 Mar 2022 quarterly Mar 2008 - Mar 2022
    Current Account Balance (USD mn) -57.1 Sep 2023 quarterly Mar 2008 - Sep 2023
    Current Account Balance: % of GDP (%) -0.5 Sep 2023 quarterly Mar 2000 - Sep 2023
    Foreign Direct Investment (USD mn) 172.2 Mar 2022 quarterly Mar 2008 - Mar 2022
    Foreign Direct Investment: % of GDP (%) -0.7 Sep 2023 quarterly Mar 2000 - Sep 2023
    Foreign Portfolio Investment (USD mn) 429.736 Sep 2023 quarterly Mar 2000 - Sep 2023
    Foreign Portfolio Investment: % of GDP (%) 0.0 Sep 2023 quarterly Mar 2000 - Sep 2023
    Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2023 quarterly Mar 2000 - Sep 2023
    Foreign Portfolio Investment: Debt Securities (USD mn) 429.736 Sep 2023 quarterly Mar 2000 - Sep 2023
    External Debt (USD mn) 21,762.3 Sep 2022 quarterly Mar 2008 - Sep 2022
    External Debt: % of GDP (%) 54.2 2022 yearly 2000 - 2022
    External Debt: Short Term (USD mn) 4,654.1 Dec 2021 quarterly Dec 2002 - Dec 2021
    External Debt: Short Term: % of GDP (%) 11.6 2021 yearly 2002 - 2021
    Forecast: Current Account Balance (USD bn) 0.785 2028 yearly 1980 - 2028
    Net International Investment Position (USD mn) -14,839.317 Sep 2023 quarterly Mar 2001 - Sep 2023
    BoP: Current Account: Services: Imports (USD mn) -318.600 Sep 2018 quarterly Mar 2000 - Sep 2018
    BoP: Current Account: Goods: Imports (USD mn) -3,361.324 Sep 2018 quarterly Mar 2000 - Sep 2018
    BoP: Current Account: Services: Exports (USD mn) 245.177 Sep 2018 quarterly Mar 2000 - Sep 2018
    External Debt: Monetary Authority: Short Term (USD mn) 0.000 Dec 2018 quarterly Dec 2002 - Dec 2018
    External Debt: Banks: Short Term (USD mn) 514.311 Dec 2018 quarterly Dec 2002 - Dec 2018
    External Debt: Others: Short Term (USD mn) 4,126.020 Dec 2018 quarterly Dec 2002 - Dec 2018
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 3.3 Jan 2024 monthly Jan 1999 - Jan 2024
    Money Supply M1 (USD mn) 5,792.989 Dec 2023 monthly Dec 1988 - Dec 2023
    Money Supply M2 (USD mn) 10,463.893 Dec 2023 monthly Dec 1988 - Dec 2023
    M2 Growth (%) 10.4 Jan 2024 monthly Dec 1989 - Jan 2024
    Foreign Exchange Reserves (USD mn) 9,707.9 Feb 2024 monthly Dec 1956 - Feb 2024
    Foreign Exchange Reserves: % of GDP (%) 21.078 Sep 2023 quarterly Dec 1994 - Sep 2023
    Foreign Exchange Reserves: Months of Import (NA) 6.3 Jan 2024 monthly Jan 1994 - Jan 2024
    Gold Reserves (USD mn) 539.871 Feb 2024 monthly Dec 1956 - Feb 2024
    Total Deposits (USD mn) 20,236.712 Dec 2023 monthly Jan 1994 - Dec 2023
    Total Deposits Growth (%) 13.1 Jan 2024 monthly Jan 1995 - Jan 2024
    Domestic Credit (USD mn) 20,709.4 Dec 2023 monthly Dec 2001 - Dec 2023
    Domestic Credit Growth (%) 13.6 Dec 2023 monthly Dec 2002 - Dec 2023
    Total Loans (USD mn) 19,903.275 Dec 2023 monthly Jan 2006 - Dec 2023
    Total Loans Growth (%) 11.23 Jan 2024 monthly Jan 2007 - Jan 2024
    Private Debt: % of Nominal GDP (%) 40.91 Sep 2023 quarterly Dec 1994 - Sep 2023
    Monetary Aggregate: M2 (PYG mn) 74,249,694.883 Jan 2024 monthly Jan 1994 - Jan 2024
    Monetary Aggregate: Monetary Base (PYG mn) 26,519,559.195 Jan 2024 monthly Jan 1994 - Jan 2024
    Monetary Aggregate: M1 (PYG mn) 40,705,294.932 Jan 2024 monthly Jan 1994 - Jan 2024
    Monetary Aggregate: M3 (PYG mn) 134,015,442.387 Jan 2024 monthly Jan 1994 - Jan 2024
    International Reserves: USD (USD mn) 6,783.55 Aug 2018 monthly Jan 1994 - Aug 2018

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