Ghana Real Effective Exchange Rate
1979 - 2024 | Monthly | 2005=100 | CEIC Data
Key information about Ghana Real Effective Exchange Rate
- Ghana Real Effective Exchange Rate (REER: 2005=100: Month Avg: Ghana) was 62.3 in Oct 2024, compared with the number of 60.8 in the previous month.
- Ghana Real Effective Exchange Rate data is updated monthly and averaged 4,723.7 from Dec 1979 to Oct 2024.
- The data reached an all-time high of 4,723.7 in Sep 1983 and a record low of 51.4 in Nov 2022.
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.
Related information about Ghana Real Effective Exchange Rate
- In the latest reports, Ghana Short Term Interest Rate: Month Avg: Ghana: Treasury Bills Rate: 91 Days was reported at 24.9 % pa in Aug 2024.
- The cash rate (Policy Rate: Month End: Ghana) was set at 29.5 % pa in Jun 2023.
- Ghana Exchange Rate against USD averaged 16.0 (USD/GHS) in Oct 2024.
View Ghana's Real Effective Exchange Rate from Dec 1979 to Oct 2024 in the chart:
What was Ghana's Real Effective Exchange Rate in Oct 2024?
Ghana Real Effective Exchange Rate (REER: 2005=100: Month Avg: Ghana) was 62.3 in Oct 2024, compared with the number of 60.8 in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 62.3 Oct 2024 | 60.8 Sep 2024 | 51.4 Nov 2022 | 4,723.7 Sep 1983 | 2005=100 | monthly | Dec 1979 - Oct 2024 |
Real Effective Exchange Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Algeria (2005=100) | 104.5 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Argentina (2005=100) | 50.6 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
| Armenia (2005=100) | 233.8 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Australia (2005=100) | 104.0 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Austria (2005=100) | 103.2 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Azerbaijan (2005=100) | 148.7 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Bahrain (2005=100) | 94.2 Oct 2024 | monthly | Jan 1980 - Oct 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) | 102.7 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Bolivia (2005=100) | 53.7 Sep 2024 | monthly | Jan 1991 - Sep 2024 |
| Bosnia and Herzegovina (2005=100) | 96.9 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| Botswana (Dec2018=100) | 97.1 Aug 2023 | monthly | Dec 2009 - Aug 2023 |
| Brazil (2005=100) | 82.0 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
| Bulgaria (2005=100) | 129.1 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Canada (2005=100) | 90.8 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Chile (2005=100) | 109.2 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| China (2005=100) | 136.1 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Colombia (2005=100) | 120.2 Nov 2024 | monthly | Jan 1990 - Nov 2024 |
| Croatia (2005=100) | 102.7 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Cyprus (2005=100) | 92.1 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Czech Republic (2005=100) | 152.4 May 2023 | monthly | Jan 1995 - May 2023 |
| Denmark (2005=100) | 97.3 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Ecuador (2007=100) | 110.3 Nov 2017 | monthly | Jan 2011 - Nov 2017 |
| Estonia (2005=100) | 143.1 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| European Union (2005=100) | 91.2 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Finland (2005=100) | 94.0 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| France (2005=100) | 90.5 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Georgia (2005=100) | 132.8 Oct 2024 | monthly | Dec 1995 - Oct 2024 |
| Germany (2005=100) | 94.9 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Ghana (2005=100) | 62.3 Oct 2024 | monthly | Dec 1979 - Oct 2024 |
| Greece (2005=100) | 94.1 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Hong Kong SAR, China (2005=100) | 109.0 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Hungary (2005=100) | 103.4 Oct 2024 | monthly | Jan 1990 - Oct 2024 |
| Iceland (2005=100) | 90.3 Oct 2024 | monthly | Jan 1979 - Oct 2024 |
| India (2005=100) | 117.8 Oct 2024 | monthly | Apr 2004 - Oct 2024 |
| Indonesia (2005=100) | 112.7 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Iran (2005=100) | 901.3 Oct 2024 | monthly | Jan 1979 - Oct 2024 |
| Ireland (2005=100) | 83.0 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Israel (2005=100) | 120.8 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Italy (2005=100) | 94.5 Jun 2023 | monthly | Jan 1993 - Jun 2023 |
| Ivory Coast (2005=100) | 97.9 Oct 2024 | monthly | Dec 1979 - Oct 2024 |
| Japan (2005=100) | 55.7 Oct 2024 | monthly | Jan 1970 - Oct 2024 |
| Kazakhstan (2005=100) | 98.8 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Kenya (2005=100) | 73.5 Aug 2015 | monthly | Oct 1997 - Aug 2015 |
| South Korea (2005=100) | 81.4 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Kosovo (Jan2007=100) | 118.2 Sep 2024 | monthly | Dec 2006 - Sep 2024 |
| Kyrgyzstan (2005=100) | 142.5 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Latvia (2005=100) | 130.9 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Lithuania (2005=100) | 131.2 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Luxembourg (2005=100) | 97.9 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| North Macedonia (2005=100) | 111.5 May 2023 | monthly | Jan 1993 - May 2023 |
| Malawi (2010=100) | 89.6 Oct 2024 | monthly | Dec 1979 - Oct 2024 |
| Malaysia (2005=100) | 92.7 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Malta (2005=100) | 97.0 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Mexico (2005=100) | 103.1 Sep 2024 | monthly | Jan 1968 - Sep 2024 |
| Moldova (2005=100) | 233.0 Oct 2024 | monthly | Nov 1993 - Oct 2024 |
| Mongolia (2005=100) | 120.7 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Morocco (2005=100) | 98.7 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Netherlands (2005=100) | 98.2 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| New Zealand (2005=100) | 97.0 Oct 2024 | monthly | Jan 1984 - Oct 2024 |
| Nigeria (2005=100) | 75.9 Oct 2024 | monthly | Dec 1979 - Oct 2024 |
| Norway (2005=100) | 73.1 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Pakistan (2010=100) | 98.8 Dec 2023 | monthly | Jan 2013 - Dec 2023 |
| Paraguay (2005=100) | 71.3 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Peru (2005=100) | 92.0 Nov 2024 | monthly | Jan 1991 - Nov 2024 |
| Philippines (2005=100) | 138.1 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Poland (2005=100) | 115.1 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Portugal (2005=100) | 93.9 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Romania (2005=100) | 113.7 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Russia (2005=100) | 92.5 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Saudi Arabia (2005=100) | 125.3 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Serbia (2005=100) | 143.5 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Singapore (2005=100) | 136.5 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Slovakia (2005=100) | 139.7 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Slovenia (2005=100) | 100.8 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| South Africa (2005=100) | 90.2 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Spain (2005=100) | 96.6 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Sri Lanka (2017=100) | 73.6 Oct 2024 | monthly | Jan 2013 - Oct 2024 |
| Sweden (2005=100) | 78.6 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Switzerland (2005=100) | 114.9 Nov 2024 | monthly | Jan 1973 - Nov 2024 |
| Taiwan (2005=100) | 91.5 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Thailand (2005=100) | 124.6 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Tunisia (2005=100) | 84.8 Oct 2024 | monthly | Jan 1979 - Oct 2024 |
| Turkey (2005=100) | 59.5 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| Ukraine (2005=100) | 83.8 Oct 2024 | monthly | Dec 1992 - Oct 2024 |
| United Arab Emirates (2005=100) | 124.9 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| United Kingdom (2005=100) | 88.6 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| United States (Jan2006=100) | 119.8 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Uruguay (2005=100) | 47.4 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Venezuela (2005=100) | 0.8 Feb 2019 | monthly | Jan 1994 - Feb 2019 |
| Zambia (2005=100) | 120.8 Jul 2024 | monthly | Jan 2013 - Jul 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 doGhana Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.5 Jun 2024 | quarterly | Dec 2008 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -305.529 Jun 2024 | monthly | Jan 2008 - Jun 2024 |
| Tax Revenue (USD mn) | 776.284 Jun 2024 | monthly | Jan 2008 - Jun 2024 |
| Tax Revenue: % of GDP (%) | 13.9 Jun 2022 | quarterly | Mar 2008 - Jun 2022 |
| Government Debt: % of GDP (%) | 72.3 2023 | yearly | 2006 - 2023 |
| Forecast: Government Expenditure (GHS bn) | 408.854 2029 | yearly | 1980 - 2029 |
| Forecast: Government Net Debt (GHS bn) | 1,296.452 2029 | yearly | 1990 - 2029 |
| Forecast: Government Revenue (GHS bn) | 349.498 2029 | yearly | 1982 - 2029 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 4.394 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 542.1 Oct 2024 | monthly | Mar 2005 - Oct 2024 |
| Total Exports (USD mn) | 1,842.1 Oct 2024 | monthly | Jan 2010 - Oct 2024 |
| Total Exports Growth (%) | 19.0 Oct 2024 | monthly | Jan 2011 - Oct 2024 |
| Aluminum: Exports (USD th) | 103,616.725 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 11,448.519 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 382.361 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 1,300.0 Oct 2024 | monthly | Mar 2005 - Oct 2024 |
| Total Imports Growth (%) | 2.3 Oct 2024 | monthly | Mar 2006 - Oct 2024 |
| Imports: Medicament (USD th) | 158,976.676 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 83,941.840 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 57.461 Aug 2024 | monthly | Feb 1985 - Aug 2024 |
| Total Imports from USA (USD mn) | 73.849 Aug 2024 | monthly | Jun 1995 - Aug 2024 |
| Total Exports to China (USD mn) | 183.887 Aug 2024 | monthly | May 1995 - Aug 2024 |
| Total Imports from China (USD mn) | 292.234 Aug 2024 | monthly | Jun 1986 - Aug 2024 |
| Export Volume Index (2015=100) | 97.296 2021 | yearly | 1980 - 2021 |
| Export Value Index (2015=100) | 142.693 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 84.815 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 101.215 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 24.3 Aug 2024 | monthly | Dec 2005 - Aug 2024 |
| Non-Performing Loans (USD mn) | 1,397.674 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Money Supply M1 (USD mn) | 9,768.702 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| Money Supply M2 (USD mn) | 14,509.715 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
| M2 Growth (%) | 44.5 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 3,368.9 Jan 2024 | monthly | Jan 1965 - Jan 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 3.820 Dec 2023 | quarterly | Dec 2006 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.4 Jan 2024 | monthly | Mar 2005 - Jan 2024 |
| Gold Reserves (Metric Ton) | 1,000.000 2023 | yearly | 2008 - 2023 |
| Total Deposits (USD mn) | 16,798.963 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Deposits Growth (%) | 38.9 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Domestic Credit (USD mn) | 17,262.9 Jul 2024 | monthly | Jan 1967 - Jul 2024 |
| Domestic Credit Growth (%) | -3.5 Jul 2024 | monthly | Jan 1968 - Jul 2024 |
| Total Loans (USD mn) | 5,796.138 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Loans Growth (%) | 28.50 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 9.91 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (%) | 14.4 Aug 2024 | monthly | Dec 2013 - Aug 2024 |
More Indicators for Ghana
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.
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.