Purchasing Power Parity PPP Exchange Rates By Country 2024

Do you want to exchange your money value in another country? Then this PPP exchange rate chart will help you to monitor the exchange rates of all the countries. An exchange rate is like a price tag that shows how much one country’s money is worth compared to another country’s money.  The exchange rate is like a special money converter. It helps compare the prices of things in different countries, so you can see how much you need to buy the same thing in another country. It represents the buying power.

It tells you how many units of one currency you need to get another currency. For example, if the exchange rate between US dollars and euros is 1 USD = 0.85 EUR, it means you would need 1 US dollar to get 0.85 euros. Exchange rates are essential for traveling, and trading between countries, and also with the help of PPP Calculator you can easily calculate your purchasing power for any other country.

Location	2002	2003	2004	2005	2006	2007	200S	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
Albania	140.155	121,863	102.780	99.870	98.103	90,428	83,895	94.978	103,937	100,896	108.184	105.669	105,480	125.962	124,142	119.100	107,989	109.851	108,650	103.520	113.042
Argentina	3.063	2,901	2,923	2.904	3.054	3.096	3.144	3.710	3,896	4.110	4,537	5,459	8,075	9.233	14.758	16,563	28.095	48.148	70.539	94,991	130.617
Australia	1.841	1.542	1.360	1.309	1.328	1.195	1.192	1.282	1.090	0.969	0.966	1.036	1.109	1.331	1345	1.305	1.338	1,439	1,453	1.331	1,442
Austria	1.058	0.884	0.804	0.804	0.796	0.730	0.680	0.717	0.754	0.718	0.778	0.753	0.753	0.901	0.903	0.885	0.847	0.893	0.876	0.845	0.950
Belgium	1.058	0.884	0.804	0.804	0.796	0.730	0.680	0.717	0.754	0.718	0.778	0.753	0.753	0.901	0.903	0.885	0.847	0.893	0.876	0.845	0.950
Brazil	2.920	3.077	2,925	2,434	2.175	1.947	1.834	1.999	1.759	1,673	1.953	2.156	2,353	3,327	3,491	3.191	3,654	3.944	5.155	5.394	5.164
Bulgaria	2.077	1.733	1,575	1.574	1.559	1.429	1.337	1.407	1,477	1.406	1.522	1,474	1,474	1.764	1.768	1.735	1,657	1.747	1.716	1.654	1.860
Cameroon	693.713	579,897	527,338	527.258	522.426	478,634	446,000	470,293	494,794	471,249	510.556	493.900	493,757	591.212	592.606	580.657	555.446	585.911	575,586	554,531	623.760
Canada	1.570	1,401	1.301	1.211	1.134	1.074	1.067	1.142	1.030	0.989	0.999	1.030	1.105	1.279	1326	1.298	1.296	1.327	1.341	1.254	1.302
Chile	688.937	691.398	609.529	559.768	530.275	522,464	522,461	560.860	510.249	483,668	486,471	495.273	570,348	654.124	676.958	648,834	641,277	702.897	792,727	758,955	873.314
China (People’s Republic of)	8.277	8.277	8,277	8.194	7.973	7,608	6,949	6.831	6.770	6,461	6.312	6.196	6.143	6.227	6.644	6,759	6,616	6.908	6.901	6,449	6,737
Colombia	2504.681	2 877,543	2 628,368	2 321.132	2 358.595	2 077,811	1 965.138	2 157.598	1 898.997	1 848,017	1 798,012	1 868.895	2 001.105	2 741 782	055.255	2 951,487	2 955.704	3 281.622	3 693.276	3 744.244	256.194
Costa Rica	359.818	398.662	437,935	477,787	511.302	516,617	526,236	573.288	525.829	505,664	502.901	499.767	538,317	534,566	544.739	567.513	576,973	587.295	584,901	620,785	647.136
Croatia	1.045	0.890	0.801	0.790	0.775	0.712	0.655	0.701	0.730	0.709	0.776	0.757	0.763	0.910	0.903	0.879	0.833	0.879	0.878	0.844	0.950
Cyprus	1.043	0.884	0.801	0.793	0.784	0.728	0.680	0.717	0.754	0.718	0.778	0.753	0.753	0.901	0.903	0.885	0.847	0.893	0.876	0.845	0.950
Czech Republic	32,739	28.209	25,700	23,957	22,596	20.294	17,072	19.063	19.098	17,696	19,578	19,571	20.758	24,599	24,440	23.376	21,730	22.932	23.210	21,678	23.357
Denmark	7,895	6.588	5.991	5,997	5,947	5,444	5,098	5.361	5,624	5.369	5,792	5,616	5,612	6,728	6,732	6.603	6,315	6,669	6.542	6,287	7,076
Estonia	1.062	0.886	0.805	0.804	0.797	0.731	0.683	0.719	0.755	0.718	0.778	0.753	0.753	0.901	0.903	0.885	0.847	0.893	0.876	0.845	0.950
Euro area (19 countries)	1.058	0.884	0.804	0.804	0.796	0.730	0.680	0.717	0.754	0.718	0.778	0.753	0.753	0.901	0.903	0.885	0.847	0.893	0.876	0.845	0.950
European Union (27 countries, 2020)	1.058	0.884	0.804	0.804	0.796	0.730	0.680	0.717	0.754	0.718	0.778	0.753	0.753	0.901	0.903	0.885	0.847	0.893	0.876	0.845	0.950
Finland	1.058	0.884	0.804	0.804	0.796	0.730	0.680	0.717	0.754	0.718	0.778	0.753	0.753	0.901	0.903	0.885	0.847	0.893	0.876	0.845	0.950
France	1.058	0.884	0.804	0.804	0.796	0.730	0.680	0.717	0.754	0.718	0.778	0.753	0.753	0.901	0.903	0.885	0.847	0.893	0.876	0.845	0.950
Georgia	2,196	2,146	1.917	1.813	1.780	1,670	1,491	1,670	1.782	1,686	1,651	1,663	1.766	2.269	2,367	2,510	2.534	2,818	3.109	3.222	2,916
Germany	1.058	0.884	0.804	0.804	0.796	0.730	0.680	0.717	0.754	0.718	0.778	0.753	0.753	0.901	0.903	0.885	0.847	0.893	0.876	0.845	0.950
Greece	1.058	0.884	0.804	0.804	0.796	0.730	0.680	0.717	0.754	0.718	0.778	0.753	0.753	0.901	0.903	0.885	0.847	0.893	0.876	0.845	0.950
Hong Kong, China	7.799	7,787	7.788	7.777	7,768	7,801	7,787	7.752	7,769	7.784	7.756	7,756	7,754	7.752	7,762	7,793	7,838	7,836	7,757	7,773	7,831
Hungary	257.887	224,307	202.746	199,583	210.390	183,626	172.113	202342	207,944	201.055	225.104	223.695	232,602	279.332	281.523	274,433	270.212	290.660	307,997	303.141	372.596
Iceland	91.662	76,709	70.192	62.982	70.180	64,055	87,948	123.638	122.242	115,954	125.083	122.179	116,767	131.919	120.812	106,840	108.300	122.607	135,422	126,989	135.280
India	48.610	46,583	45,316	44.100	45.307	41.349	43,505	48.405	45.726	46,670	53,437	58.598	61.030	64,152	67.195	65.122	68,389	70,420	74,100	73,918	78.604
Indonesia	9 311.192	577.133 8	938,850	9704,742 9	159.317	9 141.000 9	698,962	10 389.938	090.433	770,433 9	386,629	10 461 240	1 865.211	13 389,413 13	308.327	13 380.834	14 236.939	14 147.671	14 582 203	14 308.144	14 849,854
Ireland	1.058	0.884	0.804	0.804	0.796	0.730	0.680	0.717	0.754	0.718	0.778	0.753	0.753	0.901	0.903	0.885	0.847	0.893	0.876	0.845	0.950
Israel	4,738	4.554	4,482	4,488	4,456	4.108	3,588	3.932	3.739	3.578	3,856	3,611	3.578	3,887	3,841	3.600	3,591	3,565	3,442	3,230	3,360
Italy	1.058	0.884	0.804	0.804	0.796	0.730	0.680	0.717	0.754	0.718	0.778	0.753	0.753	0.901	0.903	0.885	0.847	0.893	0.876	0.845	0.950

The Purchasing Power Parity (PPP) exchange rate formula is a simple way to check the worth of money in any other country that what is the actual value of your country’s money. The formula is:

PPP Exchange Rate= Price Level of Currency A/ Price Level of Currency B

This formula compares the purchasing power of two currencies by looking at how much it costs to buy the same things in each country. If the result is greater than 1, then Currency A is considered overvalued compared to Currency B. If the result is less than 1, then Currency A is considered undervalued compared to Currency B.

So formula provides a basic understanding of how exchange rates could be determined, real-world exchange rates are influenced by many factors. The ppp conversion factor also play an important role in purchasing power parity.

In conclusion, the Prchasing power parity exchange rates help to understand how actually we can exchange the money value of our country for any other country. It’s important to understand that the exchange rates can fluctuate from time to time according to the circumstances of that country. So be aware of that before making your decisions. The above-mentioned chart contains the previous decade’s exchange rates.