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 97.16 (index) in October 2025, compared to 98.40 in September. This marks a reduction of 1.26 percent.
Sample. There are 742 observations in the monthly time series displayed in the figure above. The time span covered by the series extends from January 1964 to October 2025.
History. Here’s a quick look at some simple statistics we computed on the entire sample: the effective exchange rate hit a minimum of 66.72 in August 1984; it hit a maximum of 113.19 in April 2015; it had a mean of 91.77.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-08-31 | 99.03 |
| 2025-09-30 | 98.4 |
| 2025-10-31 | 97.16 |
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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.