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Table 5 Ratio of overvaluation to exchange (percentage)

From: Real effective exchange rate misalignment and currency crisis in Iran

Year

Overvaluation (percentage)

Total overvaluation (percentage)

Number of years

Crisis

1996

16.9

28.0

2

No

1997

11.06

   

2000

20.9

76.6

4

No

2001

32.1

   

2002

8.3

   

2003

16.4

   

2006

2.2

78.85

6

Yes

2007

10.1

   

2008

17.9

   

2009

22.0

   

2010

14.0

   

2011

18.5

   

2013

6.1

97.60

5

Yes

2014

8.8

   

2015

22.8

   

2016

33.8

   

2017

20.2

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