Ghana Real Effective Exchange Rate
1979 - 2025 | 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 67.6 in Jan 2025, compared with the number of 66.0 in the previous month.
- Ghana Real Effective Exchange Rate data is updated monthly and averaged 4,723.6 from Dec 1979 to Jan 2025.
- The data reached an all-time high of 4,723.6 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 25.8 % pa in Oct 2024.
- The cash rate (Policy Rate: Month End: Ghana) was set at 29.5 % pa in Jun 2023.
- Ghana Exchange Rate against USD averaged 15.5 (USD/GHS) in Feb 2025.
View Ghana's Real Effective Exchange Rate from Dec 1979 to Jan 2025 in the chart:
What was Ghana's Real Effective Exchange Rate in Jan 2025?
Ghana Real Effective Exchange Rate (REER: 2005=100: Month Avg: Ghana) was 67.6 in Jan 2025, compared with the number of 66.0 in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 67.6 Jan 2025 | 66.0 Dec 2024 | 51.4 Nov 2022 | 4,723.6 Sep 1983 | 2005=100 | monthly | Dec 1979 - Jan 2025 |
Real Effective Exchange Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Algeria (2005=100) | 105.2 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Argentina (2005=100) | 50.2 Feb 2025 | monthly | Jan 1997 - Feb 2025 |
| Armenia (2005=100) | 253.2 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Australia (2005=100) | 100.3 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Austria (2005=100) | 102.6 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Azerbaijan (2005=100) | 156.4 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Bahrain (2005=100) | 96.0 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| 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) | 102.0 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Bolivia (2005=100) | 51.4 Dec 2024 | monthly | Jan 1991 - Dec 2024 |
| Bosnia and Herzegovina (2005=100) | 96.7 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| Botswana (Dec2018=100) | 97.1 Aug 2023 | monthly | Dec 2009 - Aug 2023 |
| Brazil (2005=100) | 78.5 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
| Bulgaria (2005=100) | 129.1 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Canada (2005=100) | 88.4 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Chile (2005=100) | 113.6 Jan 2025 | monthly | Jan 1986 - Jan 2025 |
| China (2005=100) | 135.9 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Colombia (2005=100) | 113.5 Jan 2025 | monthly | Jan 1990 - Jan 2025 |
| Croatia (2005=100) | 103.1 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Cyprus (2005=100) | 88.6 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Czech Republic (2005=100) | 152.4 May 2023 | monthly | Jan 1995 - May 2023 |
| Denmark (2005=100) | 95.9 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Ecuador (2007=100) | 110.3 Nov 2017 | monthly | Jan 2011 - Nov 2017 |
| Estonia (2005=100) | 141.7 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| European Union (2005=100) | 90.2 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
| Finland (2005=100) | 92.2 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| France (2005=100) | 89.4 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Georgia (2005=100) | 130.5 Jan 2025 | monthly | Dec 1995 - Jan 2025 |
| Germany (2005=100) | 93.7 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Ghana (2005=100) | 67.6 Jan 2025 | monthly | Dec 1979 - Jan 2025 |
| Greece (2005=100) | 92.2 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Hong Kong SAR, China (2005=100) | 111.7 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Hungary (2005=100) | 105.8 Dec 2024 | monthly | Jan 1990 - Dec 2024 |
| Iceland (2005=100) | 91.9 Jan 2025 | monthly | Jan 1979 - Jan 2025 |
| India (2005=100) | 115.2 Jan 2025 | monthly | Apr 2004 - Jan 2025 |
| Indonesia (2005=100) | 111.6 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Iran (2005=100) | 986.1 Jan 2025 | monthly | Jan 1979 - Jan 2025 |
| Ireland (2005=100) | 81.8 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Israel (2005=100) | 129.1 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Italy (2005=100) | 94.5 Jun 2023 | monthly | Jan 1993 - Jun 2023 |
| Ivory Coast (2005=100) | 95.8 Jan 2025 | monthly | Dec 1979 - Jan 2025 |
| Japan (2005=100) | 55.5 Jan 2025 | monthly | Jan 1970 - Jan 2025 |
| Kazakhstan (2005=100) | 107.0 Jan 2025 | monthly | Jan 1995 - Jan 2025 |
| Kenya (2005=100) | 73.5 Aug 2015 | monthly | Oct 1997 - Aug 2015 |
| South Korea (2005=100) | 79.3 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Kosovo (Jan2007=100) | 119.9 Jan 2025 | monthly | Dec 2006 - Jan 2025 |
| Kyrgyzstan (2005=100) | 146.7 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Latvia (2005=100) | 129.4 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Lithuania (2005=100) | 129.7 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Luxembourg (2005=100) | 96.2 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| North Macedonia (2005=100) | 111.5 May 2023 | monthly | Jan 1993 - May 2023 |
| Malawi (2010=100) | 94.3 Jan 2025 | monthly | Dec 1979 - Jan 2025 |
| Malaysia (2005=100) | 92.4 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Malta (2005=100) | 95.7 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Mexico (2005=100) | 102.8 Jan 2025 | monthly | Jan 1968 - Jan 2025 |
| Moldova (2005=100) | 248.3 Jan 2025 | monthly | Nov 1993 - Jan 2025 |
| Mongolia (2005=100) | 129.5 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Morocco (2005=100) | 100.2 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Netherlands (2005=100) | 96.8 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| New Zealand (2005=100) | 93.2 Jan 2025 | monthly | Jan 1984 - Jan 2025 |
| Nigeria (2005=100) | 82.0 Jan 2025 | monthly | Dec 1979 - Jan 2025 |
| Norway (2005=100) | 73.0 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Pakistan (2010=100) | 104.0 Jan 2025 | monthly | Jan 2013 - Jan 2025 |
| Paraguay (2005=100) | 67.6 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
| Peru (2005=100) | 89.9 Feb 2025 | monthly | Jan 1991 - Feb 2025 |
| Philippines (2005=100) | 145.0 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Poland (2005=100) | 117.6 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Portugal (2005=100) | 92.5 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Romania (2005=100) | 114.2 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Russia (2005=100) | 95.7 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Saudi Arabia (2005=100) | 129.9 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Serbia (2005=100) | 143.5 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
| Singapore (2005=100) | 134.3 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Slovakia (2005=100) | 137.7 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Slovenia (2005=100) | 99.7 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| South Africa (2005=100) | 89.3 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Spain (2005=100) | 95.9 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
| Sri Lanka (2017=100) | 76.3 Jan 2025 | monthly | Jan 2013 - Jan 2025 |
| Sweden (2005=100) | 77.5 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Switzerland (2005=100) | 112.3 Feb 2025 | monthly | Jan 1973 - Feb 2025 |
| Taiwan (2005=100) | 92.8 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Thailand (2005=100) | 124.2 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Tunisia (2005=100) | 86.5 Jan 2025 | monthly | Jan 1979 - Jan 2025 |
| Turkey (2005=100) | 66.9 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| Ukraine (2005=100) | 88.6 Jan 2025 | monthly | Dec 1992 - Jan 2025 |
| United Arab Emirates (2005=100) | 129.0 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| United Kingdom (2005=100) | 87.7 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
| United States (Jan2006=100) | 121.8 Feb 2025 | monthly | Jan 2006 - Feb 2025 |
| Uruguay (2005=100) | 48.1 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
| Venezuela (2005=100) | 0.8 Feb 2019 | monthly | Jan 1994 - Feb 2019 |
| Zambia (2005=100) | 125.4 Nov 2024 | monthly | Jan 2013 - Nov 2024 |
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Learn more about what we doGhana Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.2 Jun 2024 | quarterly | Dec 2008 - Jun 2024 |
| Consolidated Fiscal Balance (USD mn) | -305.559 Jun 2024 | monthly | Jan 2008 - Jun 2024 |
| Tax Revenue (USD mn) | 776.359 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) | 565.0 Dec 2024 | monthly | Mar 2005 - Dec 2024 |
| Total Exports (USD mn) | 1,828.1 Dec 2024 | monthly | Jan 2010 - Dec 2024 |
| Total Exports Growth (%) | 6.4 Dec 2024 | monthly | Jan 2011 - Dec 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) | 1,263.1 Dec 2024 | monthly | Mar 2005 - Dec 2024 |
| Total Imports Growth (%) | 9.5 Dec 2024 | monthly | Mar 2006 - Dec 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) | 36.690 Nov 2024 | monthly | Feb 1985 - Nov 2024 |
| Total Imports from USA (USD mn) | 81.943 Nov 2024 | monthly | Jun 1995 - Nov 2024 |
| Total Exports to China (USD mn) | 117.415 Nov 2024 | monthly | May 1995 - Nov 2024 |
| Total Imports from China (USD mn) | 324.265 Nov 2024 | monthly | Jun 1986 - Nov 2024 |
| Export Value Index (2015=100) | 142.693 2021 | yearly | 1980 - 2021 |
| Import Value Index (2015=100) | 101.215 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 84.815 2021 | yearly | 1980 - 2021 |
| Export Volume Index (2015=100) | 97.296 2021 | yearly | 1980 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 21.8 Dec 2024 | monthly | Dec 2005 - Dec 2024 |
| Non-Performing Loans (USD mn) | 1,397.674 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Money Supply M1 (USD mn) | 11,446.730 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| Money Supply M2 (USD mn) | 16,854.498 Dec 2024 | quarterly | Mar 1990 - Dec 2024 |
| M2 Growth (%) | 33.6 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Foreign Exchange Reserves (USD mn) | 3,368.9 Jan 2024 | monthly | Jan 1965 - Jan 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 3.623 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 2024 | yearly | 2008 - 2024 |
| Total Deposits (USD mn) | 18,559.627 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Total Deposits Growth (%) | 29.2 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Domestic Credit (USD mn) | 18,658.7 Nov 2024 | monthly | Jan 1967 - Nov 2024 |
| Domestic Credit Growth (%) | 18.8 Nov 2024 | monthly | Jan 1968 - Nov 2024 |
| Total Loans (USD mn) | 6,499.320 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Total Loans Growth (%) | 24.06 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Private Debt: % of Nominal GDP (%) | 8.26 Sep 2024 | quarterly | Dec 2006 - Sep 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (%) | 6.3 Dec 2024 | monthly | Dec 2013 - Dec 2024 |
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