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) stood at 97.87 (index) in December 2025, compared to 96.50 in the previous month. This represents a gain of 1.42 percent.
Sample. There are 744 records overall in the monthly series displayed in the graph above. The series covers the period stretching from January 1964 to December 2025.
History. Check out some statistics calculated on the full sample: the effective exchange rate averaged 91.78; it recorded its maximum of 113.19 in April 2015; it reached its minimum of 66.72 in August 1984.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-10-31 | 99.01 |
| 2025-11-30 | 96.5 |
| 2025-12-31 | 97.87 |
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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.