Armenia Real Effective Exchange Rate stands at 117.4 as of June 2026, up from 116.2 a year earlier. The reading sits in the 90th percentile of its history back to 1993.
| Latest (June 2026) | 117.4 |
| One year ago | 116.2 |
| 10-year range | 93.3 – 130.3 |
| All-time range | 18.3 (1994) – 130.3 (2023) |
| Change over 12 months | +1.1 — bottomed at 114.6 in 2025 |
| Percentile vs. full history | 90th |
| History | 1993–2026 (392 observations) |
Armenia's real effective exchange rate (REER): the trade-weighted value of its currency against its trading partners, adjusted for inflation differentials. A rising REER means the currency is getting more expensive in real terms — a headwind for exporters and, historically, for subsequent equity returns in that market; a REER well below its long-run average marks a cheap currency, which has tended to precede stronger returns for foreign investors. Values are an index (2010 = 100); the deviation from its own average matters more than the level, and the base year is arbitrary. This series uses the IMF's all-country trade weights rather than the BIS broad basket shown for larger markets, so the two are close but not interchangeable. Data: IMF effective exchange rate statistics.
<iframe src="https://www.tacticalassetallocation.com/charts/armenia-real-effective-exchange-rate-imf/embed.html" width="800" height="360" loading="lazy" style="border:1px solid #ddd;border-radius:8px"></iframe>
<a href="https://www.tacticalassetallocation.com/charts/armenia-real-effective-exchange-rate-imf/">Armenia Real Effective Exchange Rate — Cambria Chart Lab</a>
Data: download CSV (source: IMF effective exchange rates).