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 120.7 in Sep 2024, compared with the number of 121.5 in the previous month.
  • Mongolia Real Effective Exchange Rate data is updated monthly and averaged 131.9 from Jan 2000 to Sep 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 Oct 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 Sep 2024 in the chart:

    Mongolia Real Effective Exchange Rate

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

    Mongolia Real Effective Exchange Rate (REER: 2005=100: Month Avg: Mongolia) was 120.7 in Sep 2024, compared with the number of 121.5 in the previous month. See the table below for more data.

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

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    Mongolia Key Series

    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance: % of GDP (%) 0.1 Sep 2024 quarterly Dec 2000 - Sep 2024
    Consolidated Fiscal Balance (USD mn) -44.052 Nov 2024 monthly Jan 2000 - Nov 2024
    Tax Revenue (USD mn) 495.058 Nov 2024 monthly Jan 2000 - Nov 2024
    Tax Revenue: % of GDP (%) 29.0 Sep 2024 quarterly Mar 2000 - Sep 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 Expenditure & NL: ytd: Net Lending (MNT mn) 334,797.320 Nov 2024 monthly Dec 1999 - Nov 2024
    General Government Revenue & Grants: ytd: Tax: Value Added Tax (MNT mn) 5,170,239.141 Nov 2024 monthly Dec 1999 - Nov 2024
    General Government Balance: ytd (MNT mn) 1,372,659.990 Nov 2024 monthly Dec 1999 - Nov 2024
    General Government Expenditure & NL: ytd: Expenditure: Capital (MNT mn) 5,178,968.689 Nov 2024 monthly Dec 1999 - Nov 2024
    General Government Revenue & Grants: ytd: Tax: Excises (MNT mn) 1,010,380.321 Nov 2024 monthly Dec 1999 - Nov 2024
    General Government Expenditure & NL: ytd: Expenditure (MNT mn) 22,038,355.570 Oct 2024 monthly Dec 1999 - Oct 2024
    General Government Expenditure & NL: ytd: Expenditure: Current (MNT mn) 19,190,650.839 Nov 2024 monthly Dec 1999 - Nov 2024
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 1.185 2028 yearly 1981 - 2028
    Trade Balance (USD mn) 444.6 Oct 2024 monthly Jan 1997 - Oct 2024
    Total Exports (USD mn) 1,425.9 Oct 2024 monthly Jan 1997 - Oct 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) 104.261 2023 yearly 1995 - 2023
    Exports: Medicinal and Pharmaceutical Product (USD th) 4,949.388 2023 yearly 1995 - 2023
    Total Imports (USD mn) 981.3 Oct 2024 monthly Jan 1997 - Oct 2024
    Total Imports Growth (%) 22.0 Oct 2024 monthly Jan 1998 - Oct 2024
    Imports: Medicament (USD th) 149,447.781 2023 yearly 1995 - 2023
    Imports: Medicinal and Pharmaceutical Product (USD th) 98,630.694 2023 yearly 1995 - 2023
    Total Exports to USA (USD mn) 3.210 Oct 2024 monthly Dec 1999 - Oct 2024
    Total Imports from USA (USD mn) 48.664 Oct 2024 monthly Dec 1999 - Oct 2024
    Total Exports to China (USD mn) 1,225.659 Oct 2024 monthly Dec 1999 - Oct 2024
    Total Imports from China (USD mn) 393.871 Oct 2024 monthly Dec 1999 - Oct 2024
    Exports: Live Animals and Products of Animal Origin (USD th) 35,340.880 Oct 2024 monthly Dec 1999 - Oct 2024
    Exports: Textiles and Textile Articles (USD th) 18,327.776 Oct 2024 monthly Dec 1999 - Oct 2024
    Exports: Mineral Products (USD th) 1,179,717.491 Oct 2024 monthly Dec 1999 - Oct 2024
    Exports: Base Metals and Articles Thereof (USD th) 5,374.900 Mar 2019 monthly Dec 1999 - Mar 2019
    Exports: Europe: European Union: ow United Kingdom (USD th) 613.925 Oct 2024 monthly Dec 1999 - Oct 2024
    Exports: Asia: North Eastern: ow China (USD th) 1,227,048.350 Oct 2024 monthly Dec 1999 - Oct 2024
    Exports: America: USA (USD th) 486.100 Dec 2018 monthly Dec 1999 - Dec 2018
    Imports: Auto, Air and Water Transport Vehicles and Their Spare Parts (USD th) 191,661.633 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Mineral Products (USD th) 185,809.135 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Machinery, Equipment, Electric Appliances, Recorders, TV Sets and Spare... (USD th) 246,701.542 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Food Products (USD th) 87,959.975 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Base Metals and Articles Thereof (USD th) 67,425.329 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: America: ow USA (USD th) 48,664.374 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Asia: North Eastern: ow China (USD th) 398,501.225 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Asia: North Eastern: ow Japan (USD th) 115,003.521 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Europe: Others: ow Russian Federation (USD th) 211,322.203 Oct 2024 monthly Dec 1999 - Oct 2024
    Imports: Asia: North Eastern: ow Republic of Korea (USD th) 41,083.097 Oct 2024 monthly Dec 1999 - Oct 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 (%) -14.1 Sep 2024 quarterly Mar 2000 - Sep 2024
    Foreign Direct Investment (USD mn) 177.5 Sep 2024 monthly Jan 2009 - Sep 2024
    Foreign Direct Investment: % of GDP (%) 9.7 Sep 2024 quarterly Mar 2000 - Sep 2024
    Foreign Portfolio Investment (USD mn) 52.834 Sep 2024 quarterly Mar 1998 - Sep 2024
    Foreign Portfolio Investment: % of GDP (%) 1.0 Sep 2024 quarterly Mar 2000 - Sep 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) -42,853.261 Sep 2024 quarterly Dec 2010 - Sep 2024
    Balance of Payments (BoP): Current Account (CA) (USD mn) -127.606 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: CA: Goods & Services: Goods (USD mn) 336.685 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: CA: Primary Income (USD mn) -222.492 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: CA: Goods & Services: Services (USD mn) -248.232 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Direct Investment (USD mn) -209.109 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: Capital Account (USD mn) 12.942 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: CA: Secondary Income (USD mn) 6.433 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Direct Investment: Liabilities (USD mn) 211.782 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Portfolio Investment: Liabilities (USD mn) 45.203 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Portfolio Investment (USD mn) -42.220 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Direct Investment: Asset (USD mn) 2.673 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Financial Derivatives: Asset (USD mn) 2.511 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Financial Derivatives (USD mn) -2.485 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Portfolio Investment: Asset (USD mn) 2.983 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: OI: Liabilities (USD mn) 218.982 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: Net Errors & Omissions (USD mn) -187.447 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Financial Derivatives: Liabilities (USD mn) 4.997 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: Reserves: Assets (USD mn) -6.612 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: OI: Asset (USD mn) 177.299 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: FA: Other Investment (OI) (USD mn) -41.683 Oct 2024 monthly Jan 2009 - Oct 2024
    BoP: Financial Account (FA) (USD mn) -295.498 Oct 2024 monthly Jan 2009 - Oct 2024
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 5.8 Nov 2024 monthly Dec 1996 - Nov 2024
    Household Debt: % of GDP (%) 26.4 Sep 2024 quarterly Mar 2004 - Sep 2024
    Non-Performing Loans (USD mn) 606.815 Nov 2024 monthly Dec 1996 - Nov 2024
    Money Supply M1 (USD mn) 3,226.624 Oct 2024 monthly Dec 1996 - Oct 2024
    Money Supply M2 (USD mn) 12,384.304 Oct 2024 monthly Dec 1996 - Oct 2024
    M2 Growth (%) 25.1 Oct 2024 monthly Dec 1997 - Oct 2024
    Reserve Requirement Ratio (%) 10.0 Nov 2024 monthly Jan 2005 - Nov 2024
    Foreign Exchange Reserves (USD mn) 3,949.9 Oct 2024 monthly Dec 1992 - Oct 2024
    Foreign Exchange Reserves: % of GDP (%) 17.057 Sep 2024 quarterly Dec 2010 - Sep 2024
    Foreign Exchange Reserves: Months of Import (NA) 4.0 Oct 2024 monthly Jan 1997 - Oct 2024
    Gold Reserves (USD mn) 649.730 Oct 2024 monthly Dec 1980 - Oct 2024
    Total Deposits (USD mn) 7,401.664 Oct 2024 monthly Jan 2000 - Oct 2024
    Total Deposits Growth (%) 24.1 Oct 2024 monthly Jan 2001 - Oct 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) 6,213.8 Oct 2024 monthly Jan 2004 - Oct 2024
    Total Loans (USD mn) 10,498.477 Nov 2024 monthly Dec 1996 - Nov 2024
    Total Loans Growth (%) 33.55 Nov 2024 monthly Dec 1997 - Nov 2024
    Private Debt: % of Nominal GDP (%) 43.25 Sep 2024 quarterly Dec 2010 - Sep 2024
    Money Supply: M2: M1 (MNT mn) 10,985,491.530 Oct 2024 monthly Dec 1990 - Oct 2024
    International Reserves: Gross (USD mn) 4,964.960 Nov 2024 monthly Jan 2006 - Nov 2024

    More Indicators for Mongolia

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