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Real effective exchange rates, Narrow (27 economies) indices
CPI-based; period averages; 2020 = 100
1
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«
‹
Mar 2024
› »
Year
Quarter
Month
2019
2020
2021
2022
2023
Q4 2022
Q1 2023
Q2 2023
Q3 2023
Q4 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Algeria
Argentina
Australia
101.3
100.0
106.5
107.1
103.8
105.1
106.1
103.4
102.6
103.1
101.6
103.0
104.6
104.6
103.6
103.6
Austria
98.9
100.0
100.3
100.3
103.5
101.2
102.7
103.4
103.6
104.4
103.7
104.7
104.8
104.5
104.7
105.0
Belgium
99.4
100.0
100.1
100.7
100.7
101.8
101.4
100.1
100.5
100.7
100.0
101.0
101.1
101.5
101.6
101.9
Bosnia & Herzegovina
Brazil
Bulgaria
Canada
101.2
100.0
105.1
103.2
98.3
99.4
98.0
98.6
98.9
97.7
97.5
97.1
98.4
98.1
97.6
97.0
Chile
China
Chinese Taipei
96.5
100.0
103.7
103.5
98.1
100.5
99.3
98.7
96.8
97.7
97.5
97.6
98.0
98.6
99.0
96.9
Colombia
Croatia
Cyprus
Czechia
Denmark
99.3
100.0
99.0
98.1
97.8
98.1
98.8
97.5
98.1
96.9
97.1
97.4
96.1
97.3
97.1
96.8
Estonia
Finland
99.9
100.0
99.3
98.3
101.0
98.7
100.5
101.3
101.3
101.1
101.1
101.3
100.8
101.1
101.0
100.8
France
99.6
100.0
99.2
95.5
96.3
94.5
95.8
96.5
96.5
96.3
96.0
96.5
96.3
96.0
96.3
96.3
Germany
99.5
100.0
101.0
98.4
100.7
98.6
100.3
100.9
101.0
100.6
100.5
100.8
100.5
100.5
100.3
100.7
Greece
101.4
100.0
98.8
100.2
99.4
99.1
98.4
99.7
99.0
100.3
100.3
100.4
100.1
99.2
98.7
100.0
Hong Kong SAR
99.5
100.0
96.9
98.8
95.4
99.7
95.5
94.7
95.0
96.5
97.7
96.7
95.2
95.5
96.1
95.6
Hungary
Iceland
India
Indonesia
Ireland
100.1
100.0
100.0
96.6
99.4
96.6
98.0
99.5
100.0
99.9
99.6
99.8
100.1
98.7
98.8
99.2
Israel
Italy
100.3
100.0
99.6
98.7
100.3
100.7
101.0
100.5
100.2
99.6
99.6
99.7
99.6
99.8
99.3
99.1
Japan
99.1
100.0
91.4
78.1
71.6
73.6
75.9
72.7
69.2
68.5
68.5
67.5
69.4
68.5
67.0
66.7
Korea
102.2
100.0
101.2
96.4
95.1
93.7
96.5
93.4
95.0
95.6
94.8
96.7
95.3
94.3
94.9
94.4
Latvia
Lithuania
Luxembourg
Malaysia
Malta
Mexico
108.8
100.0
106.1
111.0
127.8
116.0
121.4
127.0
132.2
130.8
126.5
132.1
133.7
135.6
135.4
137.2
Morocco
Netherlands
98.8
100.0
100.2
101.2
101.2
102.1
100.5
101.4
101.8
101.1
101.5
101.1
100.7
101.2
101.2
101.5
New Zealand
100.8
100.0
106.4
104.8
103.6
103.5
104.4
103.1
103.0
103.7
102.9
103.2
105.0
105.1
105.4
104.1
North Macedonia
Norway
107.6
100.0
106.1
104.2
94.3
101.1
96.6
92.6
94.8
93.1
92.8
92.4
94.0
95.7
94.9
93.8
Peru
Philippines
Poland
Portugal
100.1
100.0
98.6
98.2
98.3
99.0
98.3
98.6
98.0
98.1
98.2
98.4
97.8
97.7
97.2
98.7
Romania
Russia
Saudi Arabia
Serbia
Singapore
103.1
100.0
100.4
106.4
111.0
109.5
110.6
110.4
110.9
112.2
111.8
112.3
112.5
111.7
112.5
113.0
Slovak Republic
Slovenia
South Africa
Spain
100.5
100.0
100.8
100.8
99.9
99.2
99.5
99.8
100.1
100.3
100.2
100.4
100.2
100.2
99.9
100.4
Sweden
98.2
100.0
102.8
97.3
94.6
96.2
95.7
94.5
92.5
95.8
93.4
95.3
98.7
97.8
97.7
96.9
Switzerland
96.7
100.0
97.4
97.8
99.6
97.5
98.0
99.0
100.4
100.8
100.3
100.1
102.0
103.1
102.0
99.5
Thailand
Türkiye
United Arab Emirates
United Kingdom
100.4
100.0
103.9
103.8
105.4
102.7
102.4
106.0
107.1
106.1
105.5
105.9
107.0
107.1
107.5
107.9
United States
98.3
100.0
97.5
106.5
103.8
108.8
104.5
103.3
103.2
104.3
106.4
104.3
102.3
102.8
103.9
103.7
Memo:
Euro area
99.3
100.0
100.5
97.4
100.9
98.4
100.0
101.4
101.5
100.9
100.7
101.3
100.7
100.2
100.1
101.1
1
An increase indicates an appreciation of the economy's currency against a broad basket of currencies.
