Currency Crisis Tracker
Monitor emerging market currencies vulnerable to crisis
Currency Crisis Tracker
Risk scores are based on debt-to-GDP, inflation, foreign reserves, and current account balance. For educational purposes only.
ArgentinaARS
CRITICALDebt/GDP: 85%
Inflation: 142%
Reserves: 2.1mo
CA: -3.2%
Sri LankaLKR
CRITICALDebt/GDP: 110%
Inflation: 12%
Reserves: 3mo
CA: -4.5%
EgyptEGP
HIGHDebt/GDP: 92%
Inflation: 28%
Reserves: 4.2mo
CA: -3.8%
PakistanPKR
HIGHDebt/GDP: 75%
Inflation: 18%
Reserves: 2.8mo
CA: -2.5%
TurkeyTRY
HIGHDebt/GDP: 35%
Inflation: 58%
Reserves: 3.5mo
CA: -5.1%
South AfricaZAR
MODERATEDebt/GDP: 73%
Inflation: 5.8%
Reserves: 5.5mo
CA: -2.3%
NigeriaNGN
MODERATEDebt/GDP: 38%
Inflation: 22%
Reserves: 5.1mo
CA: -1.2%
BrazilBRL
MODERATEDebt/GDP: 75%
Inflation: 4.5%
Reserves: 14mo
CA: -2.8%
IndiaINR
MODERATEDebt/GDP: 82%
Inflation: 5.2%
Reserves: 11mo
CA: -1.8%
MexicoMXN
LOWDebt/GDP: 48%
Inflation: 4.2%
Reserves: 5.8mo
CA: -1.5%
What Causes Currency Crises?
A currency crisis occurs when a country's currency loses significant value rapidly. Common triggers include:
- High Debt-to-GDP — Unsustainable government debt levels
- Runaway Inflation — Erodes confidence in the domestic currency
- Low Foreign Reserves — Inability to defend the exchange rate
- Current Account Deficits — Persistent trade imbalances
Historical Examples
Notable currency crises include the 1997 Asian Financial Crisis, 2001 Argentine crisis, 2018 Turkish lira crash, and the 2022 Sri Lankan default.
Risk assessments are for educational purposes only.