Effective exchange rate index for major developed and emerging countries 2018-2020
Over the last year, the Brazilian real has declined in value according to the effective exchange index, dropping to an index value of 56.44 in September 2020. This is down from 73.12 in January 2020. Over this period, the exchange value of other major developed and developing economies have remained comparatively more stable, notwithstanding an 11 point fall in the value of Russian ruble in March 2020.
