Based on a comparison of 20 countries in 2011, Australia ranked the highest in real effective exchange rate (cpi - 24 trading partners, 1999=100) a with 158 Index, 1999=100 followed by Canada and New Zealand. On the other end of the scale was USA with 82.8 Index, 1999=100, Japan with 85.5 Index, 1999=100 and Germany with 98.6 Index, 1999=100.
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