However, these databases do not include many countries and some data is released with a delay. The countries for which data is available include all advanced and several emerging and developing countries.

Altogether, these institutions publish data for 113 countries. It is used for a wide variety of purposes, such as assessing the equilibrium value of a currency, the change in price or cost competitiveness, the drivers of trade flows, or incentives for reallocation production between the tradable and the non-tradable sectors.ĭue to the importance of the REER in economic research and policy analysis, several institutions, such as the World Bank, the Eurostat, the BIS, the OECD, just to name a few, publish various REER indicators which are freely downloadable. The real effective exchange rate (REER), which measures the development of the real value of a country’s currency against the basket of the trading partners of the country, is a frequently used variable in both theoretical and applied economic research and policy analysis. Darvas, Zsolt (2012) ' Real effective exchange rates for 178 countries: a new database', Working Paper 2012/06, Bruegel, 15 March 2012.The earlier methodological description of the dataset was published in: Darvas, Zsolt (2021) ‘ Timely measurement of real effective exchange rates‘, Working Paper 2021/15, Bruegel, 23 December 2021.Q: What is 50 Dollars in South African Rands?Ī: 50 Dollars buys 918.69 South African Rands at interbank exchange rates.This database includes real and nominal effective exchange rates from the papers: Q: Is the Dollar going up or down against the South African Rand?Ī: Today's exchange rate (18.3738) is higher compared to yesterday's rate (18.3516). Q: What is the Dollar worth against the South African Rand?Ī: One Dollar is worth 18.3738 South African Rands today

To convert Dollars to South African Rands or determine the Dollar South African Rand exchange rate simply use the currency converter on the right of this page, which offers fast live exchange rate conversions today! For full history please visit USD/ZAR exchange rate history page

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