Real effective exchange rate (index; narrow definition; 27 economies) - Euro area - BIS - Monthly
This series is part of the dataset: Real effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In the euro area, the real effective exchange rate (relative to a basket of 27 trading partners' currencies) stood at 106.40 (index) in May 2026, versus 107.12 in the previous month. This marks a decrease of 0.67 percent.
Sample. There are 749 observations overall in the monthly time series shown in the graph above. The series covers the time period going from January 1964 to May 2026.
History. Here’s a quick look at a few statistics calculated on the entire sample: the effective exchange rate hit a minimum of 79.13 in October 2000; it peaked at 119.43 in July 2008; it had an average value of 97.94.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2026-03-31 | 105.62 |
| 2026-04-30 | 107.12 |
| 2026-05-31 | 106.4 |
Suggestion. One of the pluses of our data visualization and download service is that we publish accurate metadata. Check it below to delve deeper into the attributes of the indicators that you analyze.
Not for investment purposes. Content provided on FetchSeries is not not supposed to be used for investment purposes or as a basis for making financial decisions. Users should ask for professional advice and perform independent analysis before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | Real effective exchange rate (narrow definition: 27 economies) |
| Country | Euro area |
| 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.