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Real effective exchange rate (index; broad definition; 64 economies) - China - BIS - Monthly

Latest updates. In China, the real effective exchange rate (relative to a basket of 64 trading partners' currencies) stood at 86.51 (index) in July 2025, versus 86.22 in June 2025. This represents a rise of 0.34 percent.

Sample. There are 379 observations overall in the monthly time series shown in the chart above. The series covers the time period extending from January 1994 to July 2025.

History. Here are some statistics we computed on the full sample: the effective exchange rate peaked at 106.38 in March 2022; it registered a minimum of 52.80 in January 1994; it averaged 83.09.

Latest values

Date Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies)
2025-05-31 86.76
2025-06-30 86.22
2025-07-31 86.51

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Series Metadata

Field Value
Description Real effective exchange rate (broad definition: 64 economies)
Country China
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: Narrow (27 economies)

Series Name Observations Start Date End Date
Real effective exchange rate (index; narrow definition; 27 economies) - Australia - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Austria - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Belgium - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Canada - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Chinese Taipei - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Denmark - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Euro area - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Finland - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - France - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Germany - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Greece - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Hong Kong SAR - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Ireland - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Italy - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Japan - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Korea - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Mexico - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Netherlands - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - New Zealand - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Norway - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Portugal - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Singapore - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Spain - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Sweden - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - Switzerland - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - United Kingdom - BIS - Monthly 739 1964-01-31 2025-07-31
Real effective exchange rate (index; narrow definition; 27 economies) - United States - BIS - Monthly 739 1964-01-31 2025-07-31

Series in the same data set: Broad (64 economies)

Series Name Observations Start Date End Date
Real effective exchange rate (index; broad definition; 64 economies) - Algeria - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Argentina - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Australia - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Austria - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Belgium - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Bosnia and Herzegovina - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Brazil - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Bulgaria - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Canada - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Chile - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - China - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Chinese Taipei - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Colombia - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Croatia - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Cyprus - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Czechia - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Denmark - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Estonia - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Euro area - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Finland - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - France - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Germany - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Greece - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Hong Kong SAR - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Hungary - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Iceland - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - India - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Indonesia - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Ireland - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Israel - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Italy - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Japan - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Korea - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Latvia - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Lithuania - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Luxembourg - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Malaysia - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Malta - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Mexico - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Morocco - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Netherlands - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - New Zealand - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - North Macedonia - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Norway - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Peru - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Philippines - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Poland - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Portugal - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Romania - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Russia - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Saudi Arabia - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Serbia - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Singapore - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Slovak Republic - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Slovenia - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - South Africa - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Spain - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Sweden - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Switzerland - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Thailand - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - Turkey - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - United Arab Emirates - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - United Kingdom - BIS - Monthly 379 1994-01-31 2025-07-31
Real effective exchange rate (index; broad definition; 64 economies) - United States - BIS - Monthly 379 1994-01-31 2025-07-31