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 98.11 (index) in March 2026, compared to 99.61 in the previous month. This marks a reduction of 1.51 percent.
Sample. The monthly time series presented in the plot has 747 records. The time period covered by the series stretches from January 1964 to March 2026.
History. Here's a glimpse of a few descriptive statistics computed on the entire sample: the effective exchange rate reached its lowest level of 66.79 in August 1984; it recorded its maximum of 113.27 in July 2014; it averaged 91.86.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2026-01-31 | 98.2 |
| 2026-02-28 | 99.61 |
| 2026-03-31 | 98.11 |
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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.