Mongolia Real Effective Exchange Rate

2000 - 2024 | Monthly | 2005=100 | CEIC Data

Key information about Mongolia Real Effective Exchange Rate

  • Mongolia Real Effective Exchange Rate (REER: 2005=100: Month Avg: Mongolia) was 121.5 in Aug 2024, compared with the number of 122.1 in the previous month.
  • Mongolia Real Effective Exchange Rate data is updated monthly and averaged 131.9 from Jan 2000 to Aug 2024.
  • The data reached an all-time high of 131.9 in Jun 2012 and a record low of 93.0 in Dec 2004.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. The Bank of Mongolia provides Real Effective Exchange Rate Index with base December 2000=100. An increase in REER indicates reduced competitiveness for the reporting economy.
  • The cash rate (Policy Rate: Month End) was set at 10.0 % pa in Sep 2024.
  • Mongolia Exchange Rate against USD averaged 3,438.3 (USD/MNT) in Jun 2023.
  • View Mongolia's Real Effective Exchange Rate from Jan 2000 to Aug 2024 in the chart:

    Mongolia Real Effective Exchange Rate

    What was Mongolia's Real Effective Exchange Rate in Aug 2024?

    Mongolia Real Effective Exchange Rate (REER: 2005=100: Month Avg: Mongolia) was 121.5 in Aug 2024, compared with the number of 122.1 in the previous month. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    121.5 Aug 2024 122.1 Jul 2024 93.0 Dec 2004 131.9 Jun 2012 2005=100 monthly Jan 2000 - Aug 2024

    Real Effective Exchange Rate by Country Comparison

    country/region Last Frequency Range
    Algeria (2005=100) 105.2 Sep 2024 monthly Jan 1994 - Sep 2024
    Argentina (2005=100) 52.0 Oct 2024 monthly Jan 1997 - Oct 2024
    Armenia (2005=100) 233.3 Aug 2024 monthly Jan 1997 - Aug 2024
    Australia (2005=100) 105.0 Sep 2024 monthly Jan 1994 - Sep 2024
    Austria (2005=100) 103.2 Oct 2024 monthly Jan 1993 - Oct 2024
    Azerbaijan (2005=100) 146.7 Sep 2024 monthly Jan 2005 - Sep 2024
    Bahrain (2005=100) 94.3 Sep 2024 monthly Jan 1980 - Sep 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) 53.3 Aug 2024 monthly Jan 1991 - Aug 2024
    Bosnia and Herzegovina (2005=100) 96.1 Jul 2024 monthly Jan 2005 - Jul 2024
    Botswana (Dec2018=100) 97.1 Aug 2023 monthly Dec 2009 - Aug 2023
    Brazil (2005=100) 81.6 Aug 2024 monthly Jan 1988 - Aug 2024
    Bulgaria (2005=100) 129.8 Sep 2024 monthly Jan 1993 - Sep 2024
    Canada (2005=100) 90.8 Sep 2024 monthly Jan 1999 - Sep 2024
    Chile (2005=100) 109.9 Sep 2024 monthly Jan 1986 - Sep 2024
    China (2005=100) 135.1 Sep 2024 monthly Jan 1994 - Sep 2024
    Colombia (2005=100) 116.6 Sep 2024 monthly Jan 1990 - Sep 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) 91.8 Oct 2024 monthly Jan 1993 - Oct 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) 132.7 Sep 2024 monthly Dec 1995 - Sep 2024
    Germany (2005=100) 94.9 Oct 2024 monthly Jan 1993 - Oct 2024
    Ghana (2005=100) 60.8 Sep 2024 monthly Dec 1979 - Sep 2024
    Greece (2005=100) 94.1 Oct 2024 monthly Jan 1993 - Oct 2024
    Hong Kong SAR, China (2005=100) 106.9 Sep 2024 monthly Jan 1994 - Sep 2024
    Hungary (2005=100) 100.5 Jul 2024 monthly Jan 1990 - Jul 2024
    Iceland (2005=100) 88.6 Sep 2024 monthly Jan 1979 - Sep 2024
    India (2005=100) 115.6 Sep 2024 monthly Apr 2004 - Sep 2024
    Indonesia (2005=100) 113.2 Sep 2024 monthly Jan 1994 - Sep 2024
    Iran (2005=100) 877.6 Sep 2024 monthly Jan 1979 - Sep 2024
    Ireland (2005=100) 83.0 Oct 2024 monthly Jan 1993 - Oct 2024
    Israel (2005=100) 120.3 Sep 2024 monthly Jan 1994 - Sep 2024
    Italy (2005=100) 94.5 Jun 2023 monthly Jan 1993 - Jun 2023
    Ivory Coast (2005=100) 99.5 Sep 2024 monthly Dec 1979 - Sep 2024
    Japan (2005=100) 57.6 Sep 2024 monthly Jan 1970 - Sep 2024
    Kazakhstan (2005=100) 99.7 Jul 2024 monthly Jan 1995 - Jul 2024
    Kenya (2005=100) 73.5 Aug 2015 monthly Oct 1997 - Aug 2015
    South Korea (2005=100) 82.4 Sep 2024 monthly Jan 1994 - Sep 2024
    Kosovo (Jan2007=100) 118.2 Sep 2024 monthly Dec 2006 - Sep 2024
    Kyrgyzstan (2005=100) 141.1 Sep 2024 monthly Jan 2000 - Sep 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) 86.6 Sep 2024 monthly Dec 1979 - Sep 2024
    Malaysia (2005=100) 92.6 Sep 2024 monthly Jan 1994 - Sep 2024
    Malta (2005=100) 97.0 Oct 2024 monthly Jan 1993 - Oct 2024
    Mexico (2005=100) 99.3 Aug 2024 monthly Jan 1968 - Aug 2024
    Moldova (2005=100) 229.6 Sep 2024 monthly Nov 1993 - Sep 2024
    Mongolia (2005=100) 121.5 Aug 2024 monthly Jan 2000 - Aug 2024
    Morocco (2005=100) 94.2 Sep 2024 monthly Jan 1988 - Sep 2024
    Netherlands (2005=100) 98.2 Oct 2024 monthly Jan 1993 - Oct 2024
    New Zealand (2005=100) 98.1 Sep 2024 monthly Jan 1984 - Sep 2024
    Nigeria (2005=100) 73.6 Sep 2024 monthly Dec 1979 - Sep 2024
    Norway (2005=100) 73.0 Sep 2024 monthly Jan 1994 - Sep 2024
    Pakistan (2010=100) 98.8 Dec 2023 monthly Jan 2013 - Dec 2023
    Paraguay (2005=100) 71.4 Sep 2024 monthly Jan 1995 - Sep 2024
    Peru (2005=100) 93.9 Sep 2024 monthly Jan 1991 - Sep 2024
    Philippines (2005=100) 138.1 Oct 2024 monthly Jan 1993 - Oct 2024
    Poland (2005=100) 115.8 Sep 2024 monthly Jan 1994 - Sep 2024
    Portugal (2005=100) 93.9 Oct 2024 monthly Jan 1993 - Oct 2024
    Romania (2005=100) 113.5 Sep 2024 monthly Jan 1994 - Sep 2024
    Russia (2005=100) 95.8 Sep 2024 monthly Jan 1994 - Sep 2024
    Saudi Arabia (2005=100) 123.8 Sep 2024 monthly Jan 1994 - Sep 2024
    Serbia (2005=100) 143.7 Sep 2024 monthly Jan 2002 - Sep 2024
    Singapore (2005=100) 136.8 Sep 2024 monthly Jan 1994 - Sep 2024
    Slovakia (2005=100) 139.6 Oct 2024 monthly Jan 1993 - Oct 2024
    Slovenia (2005=100) 100.8 Oct 2024 monthly Jan 1993 - Oct 2024
    South Africa (2005=100) 89.0 Jul 2024 monthly Jan 1970 - Jul 2024
    Spain (2005=100) 96.6 Oct 2024 monthly Jan 1993 - Oct 2024
    Sri Lanka (2017=100) 71.9 Sep 2024 monthly Jan 2013 - Sep 2024
    Sweden (2005=100) 79.5 Sep 2024 monthly Jan 1994 - Sep 2024
    Switzerland (2005=100) 115.3 Oct 2024 monthly Jan 1973 - Oct 2024
    Taiwan (2005=100) 90.5 Sep 2024 monthly Jan 1994 - Sep 2024
    Thailand (2005=100) 123.6 Sep 2024 monthly Jan 1994 - Sep 2024
    Tunisia (2005=100) 84.5 Sep 2024 monthly Jan 1979 - Sep 2024
    Turkey (2005=100) 55.7 Sep 2024 monthly Jan 1994 - Sep 2024
    Ukraine (2005=100) 82.1 Sep 2024 monthly Dec 1992 - Sep 2024
    United Arab Emirates (2005=100) 124.0 Sep 2024 monthly Jan 1994 - Sep 2024
    United Kingdom (2005=100) 89.2 Sep 2024 monthly Jan 1994 - Sep 2024
    United States (Jan2006=100) 117.2 Oct 2024 monthly Jan 2006 - Oct 2024
    Uruguay (2005=100) 46.8 Sep 2024 monthly Jan 2000 - Sep 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

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    Mongolia Key Series

    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) 0.7 Jun 2024 quarterly Dec 2000 - Jun 2024
    Consolidated Fiscal Balance (USD mn) -30.567 Sep 2024 monthly Jan 2000 - Sep 2024
    Tax Revenue (USD mn) 518.218 Sep 2024 monthly Jan 2000 - Sep 2024
    Tax Revenue: % of GDP (%) 25.0 Jun 2024 quarterly Mar 2000 - Jun 2024
    Government Debt: % of GDP (%) 59.4 Dec 2021 quarterly Dec 2017 - Dec 2021
    Forecast: Government Expenditure (MNT bn) 56,654.300 2029 yearly 1981 - 2029
    Forecast: Government Net Debt (MNT bn) 73,520.949 2029 yearly 2006 - 2029
    Forecast: Government Revenue (MNT bn) 53,969.915 2029 yearly 1981 - 2029
    General Government Balance: ytd (MNT mn) 1,468,936.902 Sep 2024 monthly Dec 1999 - Sep 2024
    General Government Expenditure & NL: ytd: Net Lending (MNT mn) 304,194.596 Sep 2024 monthly Dec 1999 - Sep 2024
    General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 4,313,165.142 Sep 2024 monthly Dec 1999 - Sep 2024
    General Government Expenditure & NL: ytd: Expenditure (MNT mn) 19,517,347.270 Sep 2024 monthly Dec 1999 - Sep 2024
    General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 3,966,523.216 Sep 2024 monthly Dec 1999 - Sep 2024
    General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 15,550,824.054 Sep 2024 monthly Dec 1999 - Sep 2024
    General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 819,326.455 Sep 2024 monthly Dec 1999 - Sep 2024
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
    Trade Balance (USD mn) 47.2 Sep 2024 monthly Jan 1997 - Sep 2024
    Total Exports (USD mn) 1,528.8 Jun 2024 monthly Jan 1997 - Jun 2024
    Total Exports Growth (%) 48.0 Apr 2023 monthly Jan 1998 - Apr 2023
    Aluminum: Exports (USD th) 14,124.169 2023 yearly 1995 - 2023
    Exports: Medicament (USD th) 100.343 2022 yearly 1995 - 2022
    Exports: Medicinal and Pharmaceutical Product (USD th) 83.518 2022 yearly 1995 - 2022
    Total Imports (USD mn) 983.4 Jun 2024 monthly Jan 1997 - Jun 2024
    Total Imports Growth (%) 38.2 Sep 2024 monthly Jan 1998 - Sep 2024
    Imports: Medicament (USD th) 140,968.073 2022 yearly 1995 - 2022
    Imports: Medicinal and Pharmaceutical Product (USD th) 71,770.506 2022 yearly 1995 - 2022
    Total Exports to USA (USD mn) 38.287 Sep 2024 monthly Dec 1999 - Sep 2024
    Total Imports from USA (USD mn) 88.615 Sep 2024 monthly Dec 1999 - Sep 2024
    Total Exports to China (USD mn) 1,032.409 Sep 2024 monthly Dec 1999 - Sep 2024
    Total Imports from China (USD mn) 434.960 Sep 2024 monthly Dec 1999 - Sep 2024
    Exports: Textiles and Textile Articles (USD th) 26,430.812 Sep 2024 monthly Dec 1999 - Sep 2024
    Exports: Live Animals and Products of Animal Origin (USD th) 28,294.364 Sep 2024 monthly Dec 1999 - Sep 2024
    Exports: Mineral Products (USD th) 978,020.991 Sep 2024 monthly Dec 1999 - Sep 2024
    Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
    Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
    Exports: Asia: North Eastern: ow China (USD th) 1,032,740.616 Sep 2024 monthly Dec 1999 - Sep 2024
    Exports: Europe: European Union: ow United Kingdom (USD th) 455.958 Sep 2024 monthly Dec 1999 - Sep 2024
    Imports: Mineral Products (USD th) 205,001.885 Sep 2024 monthly Dec 1999 - Sep 2024
    Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 218,605.936 Sep 2024 monthly Dec 1999 - Sep 2024
    Imports: Food Products (USD th) 77,408.348 Sep 2024 monthly Dec 1999 - Sep 2024
    Imports: Base Metals and Articles Thereof (USD th) 106,605.045 Sep 2024 monthly Dec 1999 - Sep 2024
    Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 276,499.101 Sep 2024 monthly Dec 1999 - Sep 2024
    Imports: Asia: North Eastern: ow Republic of Korea (USD th) 48,473.456 Sep 2024 monthly Dec 1999 - Sep 2024
    Imports: America: ow USA (USD th) 88,615.355 Sep 2024 monthly Dec 1999 - Sep 2024
    Imports: Asia: North Eastern: ow Japan (USD th) 133,013.031 Sep 2024 monthly Dec 1999 - Sep 2024
    Imports: Asia: North Eastern: ow China (USD th) 437,557.066 Sep 2024 monthly Dec 1999 - Sep 2024
    Imports: Europe: Others: ow Russian Federation (USD th) 232,437.228 Sep 2024 monthly Dec 1999 - Sep 2024
    Export Value Index (2015=100) 198.040 2021 yearly 1980 - 2021
    Import Value Index (2015=100) 180.345 2021 yearly 1980 - 2021
    Export Volume Index (2015=100) 109.807 2021 yearly 2000 - 2021
    Import Volume Index (2015=100) 147.693 2021 yearly 2000 - 2021
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 1.2 Sep 2024 monthly Jan 2009 - Sep 2024
    Current Account Balance (USD mn) -524.3 Sep 2024 monthly Jan 2009 - Sep 2024
    Current Account Balance: % of GDP (%) -5.4 Jun 2024 quarterly Mar 2000 - Jun 2024
    Foreign Direct Investment (USD mn) 177.5 Sep 2024 monthly Jan 2009 - Sep 2024
    Foreign Direct Investment: % of GDP (%) 14.6 Jun 2024 quarterly Mar 2000 - Jun 2024
    Foreign Portfolio Investment (USD mn) 52.834 Sep 2024 quarterly Mar 1998 - Sep 2024
    Foreign Portfolio Investment: % of GDP (%) 3.6 Jun 2024 quarterly Mar 2000 - Jun 2024
    Foreign Portfolio Investment: Equity Securities (USD mn) 2.6 Sep 2024 quarterly Mar 1998 - Sep 2024
    Foreign Portfolio Investment: Debt Securities (USD mn) 50.259 Sep 2024 quarterly Mar 1998 - Sep 2024
    External Debt (USD mn) 34,867.3 Jun 2024 quarterly Mar 2000 - Jun 2024
    External Debt: % of GDP (%) 170.1 2023 yearly 1992 - 2023
    External Debt: Short Term (USD mn) 1,888.9 Jun 2024 quarterly Mar 2000 - Jun 2024
    External Debt: Short Term: % of GDP (%) 9.3 2023 yearly 1992 - 2023
    Forecast: Current Account Balance (USD bn) -3.388 2029 yearly 1991 - 2029
    Net International Investment Position (USD mn) -41,629.393 Jun 2024 quarterly Dec 2010 - Jun 2024
    Balance of Payments (BoP): Current Account (CA) (USD mn) -524.342 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: CA: Goods & Services: Goods (USD mn) -69.465 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: CA: Goods & Services: Services (USD mn) -406.829 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: CA: Primary Income (USD mn) -195.574 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: CA: Secondary Income (USD mn) 147.527 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: Capital Account (USD mn) 18.436 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: FA: Direct Investment: Asset (USD mn) 1.175 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: FA: Financial Derivatives (USD mn) -0.912 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: FA: Portfolio Investment: Liabilities (USD mn) 4.016 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: FA: Other Investment (OI) (USD mn) -84.960 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: FA: Direct Investment (USD mn) -176.290 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: Reserves: Assets (USD mn) -64.098 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: FA: Direct Investment: Liabilities (USD mn) 177.465 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: FA: Portfolio Investment: Asset (USD mn) -0.466 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: Financial Account (FA) (USD mn) -266.644 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: FA: Financial Derivatives: Asset (USD mn) -0.046 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: FA: Portfolio Investment (USD mn) -4.482 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: FA: Financial Derivatives: Liabilities (USD mn) 0.866 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: FA: OI: Liabilities (USD mn) -64.887 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: FA: OI: Asset (USD mn) -149.846 Sep 2024 monthly Jan 2009 - Sep 2024
    BoP: Net Errors & Omissions (USD mn) 175.164 Sep 2024 monthly Jan 2009 - Sep 2024
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 5.6 Sep 2024 monthly Dec 1996 - Sep 2024
    Household Debt: % of GDP (%) 25.3 Jun 2024 quarterly Mar 2004 - Jun 2024
    Non-Performing Loans (USD mn) 587.113 Sep 2024 monthly Dec 1996 - Sep 2024
    Money Supply M1 (USD mn) 3,569.177 Sep 2024 monthly Dec 1996 - Sep 2024
    Money Supply M2 (USD mn) 12,364.271 Sep 2024 monthly Dec 1996 - Sep 2024
    M2 Growth (%) 25.9 Sep 2024 monthly Dec 1997 - Sep 2024
    Reserve Requirement Ratio (%) 10.0 Oct 2024 monthly Jan 2005 - Oct 2024
    Foreign Exchange Reserves (USD mn) 4,072.2 Jul 2024 monthly Dec 1992 - Jul 2024
    Foreign Exchange Reserves: % of GDP (%) 18.423 Jun 2024 quarterly Dec 2010 - Jun 2024
    Foreign Exchange Reserves: Months of Import (NA) 3.7 Aug 2024 monthly Jan 1997 - Aug 2024
    Gold Reserves (USD mn) 560.340 Jul 2024 monthly Dec 1980 - Jul 2024
    Total Deposits (USD mn) 7,423.993 Sep 2024 monthly Jan 2000 - Sep 2024
    Total Deposits Growth (%) 26.1 Sep 2024 monthly Jan 2001 - Sep 2024
    Domestic Credit (USD mn) 10,083.4 Sep 2024 monthly Dec 1992 - Sep 2024
    Domestic Credit Growth (%) 28.2 Sep 2024 monthly Dec 1993 - Sep 2024
    Household Debt (USD mn) 6,182.8 Sep 2024 monthly Jan 2004 - Sep 2024
    Total Loans (USD mn) 10,420.988 Sep 2024 monthly Dec 1996 - Sep 2024
    Total Loans Growth (%) 35.00 Sep 2024 monthly Dec 1997 - Sep 2024
    Private Debt: % of Nominal GDP (%) 42.45 Jun 2024 quarterly Dec 2010 - Jun 2024
    Money Supply: M2: M1 (MNT mn) 12,067,136.023 Sep 2024 monthly Dec 1990 - Sep 2024
    International Reserves: Gross (USD mn) 4,701.250 Oct 2024 monthly Jan 2006 - Oct 2024
    Loans: Outstanding Amounts: Non Performing Loans (MNT mn) 1,984,987.149 Sep 2024 monthly Dec 1996 - Sep 2024

    More Indicators for Mongolia

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