Based on a comparison of 20 countries in 2011, Australia ranked the highest in real effective exchange rate (cpi - 15 trading partners, 1999-100) a with 144 Index, 1999=100 followed by New Zealand and Turkey. On the other end of the scale was Japan with 81.6 Index, 1999=100, USA with 82.6 Index, 1999=100 and Mexico with 94.2 Index, 1999=100.
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