Real effective exchange rate (index; broad definition; 64 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 64 trading partners' currencies) was 103.75 (index) in July 2025, compared to 104.45 in June 2025. This constitutes a decrease of 0.67 percent.
Sample. There are 379 observations overall in the monthly series displayed in the chart above. The series covers the time range stretching from January 1994 to July 2025.
History. Here’s a quick look at some statistics calculated on the whole sample: the effective exchange rate had an average value of 99.22; it reached its highest level of 116.67 in July 2014; it reached its lowest level of 70.91 in October 2000.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-05-31 | 103.88 |
| 2025-06-30 | 104.45 |
| 2025-07-31 | 103.75 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Real effective exchange rate (broad definition: 64 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 |