(standard deviation of real exchange rate over 1960-1992)
Latin America 15.4
Sub-Sahara Africa 14.8
South Asia 12.9
East Asia 9.4
Middle East 8.7
Industrial Countries 5.5
Regional figures are unweighted average of country figures. Figure for East Asia includes Indonesia, Republic of Korea, Malaysia, Philippines, Singapore, Taiwan/China, and Thailand.
Bosworth, Collins, and Chen, Table 8.