Argentina Real Effective Exchange Rate
1997 - 2024 | Monthly | 2005=100 | CEIC Data
Key information about Argentina Real Effective Exchange Rate
- Argentina Real Effective Exchange Rate (REER: 2005=100: Month Avg: Argentina) was 65.6 in Mar 2024, compared with the number of 71.7 in the previous month.
- Argentina Real Effective Exchange Rate data is updated monthly and averaged 123.1 from Jan 1997 to Mar 2024.
- The data reached an all-time high of 123.1 in Jun 2002 and a record low of 41.1 in Oct 2001.
CEIC generates Real Effective Exchange Rate Index with base 2005=100. The Central Bank of Argentina provides Real Effective Exchange Rate Index with base 17 December 2015=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.
Related information about Argentina Real Effective Exchange Rate
- In the latest reports, Argentina Short Term Interest Rate: Month End: Argentina: Up to 15 Days Interbank Call Rate (BAIBAR) was reported at 31.8 % pa in Jul 2021.
- The cash rate (Interest Rate: Financial Institution Deposit: 30 Days) was set at 70.2 % in Mar 2024.
- Argentina Exchange Rate against USD averaged 254.0 (USD/ARS) in Jun 2023.
View Argentina's Real Effective Exchange Rate from Jan 1997 to Mar 2024 in the chart:
What was Argentina's Real Effective Exchange Rate in Mar 2024?
Argentina Real Effective Exchange Rate (REER: 2005=100: Month Avg: Argentina) was 65.6 in Mar 2024, 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 |
|---|---|---|---|---|---|---|
| 65.6 Mar 2024 | 71.7 Feb 2024 | 41.1 Oct 2001 | 123.1 Jun 2002 | 2005=100 | monthly | Jan 1997 - Mar 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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Includes 223 key indicators for Argentina, curated by CEIC analysts. Instant access to full history data in excel.
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -4.4 Dec 2023 | quarterly | Dec 2004 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | 397.177 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Tax Revenue (USD mn) | 6,108.888 Feb 2024 | monthly | Jan 1997 - Feb 2024 |
| Tax Revenue: % of GDP (%) | 15.6 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| National Government Debt (USD mn) | 370,673.4 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| Government Debt: % of GDP (%) | 80.3 Mar 2023 | quarterly | Dec 2004 - Mar 2023 |
| Forecast: Government Expenditure (ARS bn) | 553,829.690 2028 | yearly | 1993 - 2028 |
| Forecast: Government Net Debt (ARS bn) | 1,084,721.530 2028 | yearly | 1992 - 2028 |
| Forecast: Government Revenue (ARS bn) | 554,818.270 2028 | yearly | 1993 - 2028 |
| Government Revenue: Taxes (ARS mn) | 187,540.45 Jul 2018 | monthly | Jan 1997 - Jul 2018 |
| NFPS 2017: Current Revenue (ARS mn) | 5,535,648.400 Feb 2024 | monthly | Jan 2015 - Feb 2024 |
| NFPS 2017: Current Expenditure (ARS mn) | 5,116,966.002 Feb 2024 | monthly | Jan 2015 - Feb 2024 |
| NFPS 2017: Capital Expenditure (ARS mn) | 80,579.100 Feb 2024 | monthly | Jan 2015 - Feb 2024 |
| NFPS 2017: Total Revenue (ARS mn) | 5,535,657.500 Feb 2024 | monthly | Jan 2015 - Feb 2024 |
| NFPS 2017: Total Expenditure (ARS mn) | 5,197,545.102 Feb 2024 | monthly | Jan 2015 - Feb 2024 |
| Non Financial Public Sector (NFPS) 2017: Total Balance (ARS mn) | 338,112.398 Feb 2024 | monthly | Jan 2015 - Feb 2024 |
| Public Debt: Annual: Short Term (USD mn) | 15,663.287 2023 | yearly | 1997 - 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 4.933 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 1,345.7 Feb 2024 | monthly | Jan 1991 - Feb 2024 |
| Total Exports (USD mn) | 6,215.5 Feb 2024 | monthly | Jan 1991 - Feb 2024 |
| Total Exports Growth (%) | -27.2 Apr 2023 | monthly | Jan 1992 - Apr 2023 |
| Aluminum: Exports (USD th) | 55,881.391 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 600,720.896 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 123,326.762 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 4,869.9 Feb 2024 | monthly | Jan 1991 - Feb 2024 |
| Total Imports Growth (%) | -20.4 Feb 2024 | monthly | Jan 1992 - Feb 2024 |
| Imports: Medicament (USD th) | 1,433,987.074 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,977,432.955 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 412.811 Feb 2024 | monthly | Dec 1995 - Feb 2024 |
| Total Imports from USA (USD mn) | 388.513 Feb 2024 | monthly | Dec 1995 - Feb 2024 |
| Total Exports to China (USD mn) | 385.686 Feb 2024 | monthly | Jan 2003 - Feb 2024 |
| Total Imports from China (USD mn) | 730.371 Feb 2024 | monthly | Apr 1983 - Feb 2024 |
| Terms of Trade Index (2004=100) | 140.649 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
| Exports: fob: Industrial: Transport Material (USD mn) | 8,402.000 2023 | yearly | 1989 - 2023 |
| Exports: fob: Agricultural: Residues & Waste from Food Industry (USD mn) | 9,077.000 2023 | yearly | 1989 - 2023 |
| Exports: fob: Primary Products: Cereals (USD mn) | 8,775.000 2023 | yearly | 1989 - 2023 |
| Exports: fob: Agricultural: Fats and Oils (USD mn) | 5,854.000 2023 | yearly | 1989 - 2023 |
| Exports: fob: Industrial: Chemicals & Related Products (USD mn) | 4,285.000 2023 | yearly | 1989 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.4 Jan 2024 | monthly | Dec 2002 - Jan 2024 |
| Household Debt: % of GDP (%) | 3.9 Dec 2023 | quarterly | Dec 2004 - Dec 2023 |
| Money Supply M1 (USD mn) | 26,029.282 Jan 2024 | monthly | Jan 1990 - Jan 2024 |
| Money Supply M2 (USD mn) | 59,543.329 Jan 2024 | monthly | Jan 1990 - Jan 2024 |
| M2 Growth (%) | 215.4 Jan 2024 | monthly | Jan 1991 - Jan 2024 |
| Reserve Requirement Ratio (%) | 42.2 Jan 2024 | monthly | Apr 1985 - Jan 2024 |
| Foreign Exchange Reserves (USD mn) | 21,364.9 Feb 2024 | monthly | Dec 1956 - Feb 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 2.981 Dec 2023 | quarterly | Dec 2004 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.7 May 2023 | monthly | Jan 1990 - May 2023 |
| Gold Reserves (USD mn) | 4,058.260 Feb 2024 | monthly | Dec 1956 - Feb 2024 |
| Total Deposits (USD mn) | 65,593.266 Mar 2024 | monthly | Jul 2002 - Mar 2024 |
| Total Deposits Growth (%) | 167.2 Mar 2024 | monthly | Jul 2003 - Mar 2024 |
| Domestic Credit (USD mn) | 173,155.4 Jan 2024 | monthly | Jan 1990 - Jan 2024 |
| Domestic Credit Growth (%) | 342.6 Jan 2024 | monthly | Jan 1991 - Jan 2024 |
| Credit to Households (USD bn) | 16.535 Sep 2023 | quarterly | Mar 1994 - Sep 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 100.528 Sep 2023 | quarterly | Mar 1990 - Sep 2023 |
| Household Debt (USD mn) | 10,447.6 Mar 2024 | monthly | Jul 2002 - Mar 2024 |
| Total Loans (USD mn) | 189,970.501 Jan 2024 | monthly | Jan 1990 - Jan 2024 |
| Total Loans Growth (%) | 347.61 Jan 2024 | monthly | Jan 1991 - Jan 2024 |
| Private Debt: % of Nominal GDP (%) | 12.52 Dec 2023 | quarterly | Dec 2004 - Dec 2023 |
| Official Reserve Assets (ORA) (USD mn) | 26,690.390 Feb 2024 | monthly | Dec 1999 - Feb 2024 |
| ORA: Foreign Currency Reserves (FCR) (USD mn) | 21,364.940 Feb 2024 | monthly | Jul 2006 - Feb 2024 |
| ORA: Gold Incl Gold Deposits & Gold Swapped (USD mn) | 4,058.260 Feb 2024 | monthly | Dec 1999 - Feb 2024 |
| Deposits: ARS (ARS mn) | 56,279,022.000 Mar 2024 | monthly | Jul 2002 - Mar 2024 |
| Loans (ARS mn) | 5,759,914.20 Jun 2018 | monthly | Jan 1990 - Jun 2018 |
| Loans: ARS: Non Financial: Private: Mortgages (ARS mn) | 595,201.774 Mar 2024 | monthly | Jul 2002 - Mar 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Geopolitical Risk Index (%) | 0.007 Mar 2024 | monthly | Jan 1985 - Mar 2024 |
More Indicators for Argentina
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