Real effective exchange rate (index; narrow definition; 27 economies) - New Zealand - BIS - Monthly
This series is part of the dataset: Real effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In New Zealand, the real effective exchange rate (relative to a basket of 27 trading partners' currencies) was 98.85 (index) in August 2025, compared to 99.94 in July. This represents a reduction of 1.09 percent.
Sample. There are 740 data points in the monthly time series presented in the plot above. The span of time covered by the series is from January 1964 to August 2025.
History. Here’s a quick look at some descriptive statistics we computed on the entire sample: the effective exchange rate registered a minimum of 66.72 in August 1984; it peaked at 113.19 in April 2015; it had an average value of 91.75.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-06-30 | 100.5 |
| 2025-07-31 | 99.94 |
| 2025-08-31 | 98.85 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Real effective exchange rate (narrow definition: 27 economies) |
| Country | New Zealand |
| Economic concept | Price |
| Data type | Exchange rate |
| Deflation method | Real |
| Seasonally adjusted | No |
| Rescaling | Index (2020 = 100) |
| Frequency | Monthly |
| Unit | Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
| Source | Bank for International Settlements |
| Source type | International organization |
| Data licence | Unrestricted use subject to certain conditions |
| Measure type | Geometric trade-weighted average of bilateral exchange rates, with relative adjustments for consumer prices |
Series in the same data set
Discover the other time series included in this data set.