Bangladesh Real Effective Exchange Rate

2011 - 2023 | Yearly | 2015-2016=100 | CEIC Data

Key information about Bangladesh Real Effective Exchange Rate

  • Bangladesh Real Effective Exchange Rate (REER: 2015-2016=100: Month Avg: Bangladesh) was 102.0 in Dec 2023, compared with the number of 111.2 in the previous year.
  • Bangladesh Real Effective Exchange Rate data is updated yearly and averaged 113.5 from Dec 2011 to Dec 2023.
  • The data reached an all-time high of 113.5 in Dec 2020 and a record low of 72.2 in Dec 2011.

CEIC shifts year-end for annual Real Effective Exchange Rate. Bangladesh Bank provides Real Effective Exchange Rate with base 2015-2016=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy. Real Effective Exchange Rate is reported in annual frequency, ending in June of each year. Due to lack of historical data, REER could not be recalculated with base 2005=100.


Related information about Bangladesh Real Effective Exchange Rate

  • In the latest reports, Bangladesh Short Term Interest Rate: Month Avg: Bangladesh: Treasury Bills Rate: 91 Days was reported at 6.6 % pa in May 2023.
  • The cash rate (Policy Rate: Month End: Repo Rate: 1 to 3 Days) was set at 7.8 % pa in Dec 2023.
  • Bangladesh Exchange Rate against USD averaged 104.4 (USD/BDT) in May 2023.

View Bangladesh's Real Effective Exchange Rate from 2011 to 2023 in the chart:

Bangladesh Real Effective Exchange Rate

What was Bangladesh's Real Effective Exchange Rate in 2023?

Bangladesh Real Effective Exchange Rate (REER: 2015-2016=100: Month Avg: Bangladesh) was 102.0 in Dec 2023, compared with the number of 111.2 in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
102.0 2023 111.2 2022 72.2 2011 113.5 2020 2015-2016=100 yearly 2011 - 2023

Real Effective Exchange Rate by Country Comparison

country/region Last Frequency Range
Algeria (2005=100) 106.1 Dec 2024 monthly Jan 1994 - Dec 2024
Argentina (2005=100) 49.4 Dec 2024 monthly Jan 1997 - Dec 2024
Armenia (2005=100) 247.1 Nov 2024 monthly Jan 1997 - Nov 2024
Australia (2005=100) 101.3 Dec 2024 monthly Jan 1994 - Dec 2024
Austria (2005=100) 103.0 Dec 2024 monthly Jan 1993 - Dec 2024
Azerbaijan (2005=100) 152.2 Nov 2024 monthly Jan 2005 - Nov 2024
Bahrain (2005=100) 95.2 Nov 2024 monthly Jan 1980 - Nov 2024
Bangladesh (2015-2016=100) 102.0 2023 yearly 2011 - 2023
Belarus (2005=100) 101.0 Dec 2014 monthly Jan 1996 - Dec 2014
Belgium (2005=100) 102.2 Dec 2024 monthly Jan 1993 - Dec 2024
Bolivia (2005=100) 55.7 Nov 2024 monthly Jan 1991 - Nov 2024
Bosnia and Herzegovina (2005=100) 96.6 Oct 2024 monthly Jan 2005 - Oct 2024
Botswana (Dec2018=100) 97.1 Aug 2023 monthly Dec 2009 - Aug 2023
Brazil (2005=100) 82.2 Oct 2024 monthly Jan 1988 - Oct 2024
Bulgaria (2005=100) 129.1 Nov 2024 monthly Jan 1993 - Nov 2024
Canada (2005=100) 90.8 Sep 2024 monthly Jan 1999 - Sep 2024
Chile (2005=100) 112.6 Dec 2024 monthly Jan 1986 - Dec 2024
China (2005=100) 135.5 Dec 2024 monthly Jan 1994 - Dec 2024
Colombia (2005=100) 116.8 Dec 2024 monthly Jan 1990 - Dec 2024
Croatia (2005=100) 103.0 Dec 2024 monthly Jan 1993 - Dec 2024
Cyprus (2005=100) 90.7 Dec 2024 monthly Jan 1993 - Dec 2024
Czech Republic (2005=100) 152.4 May 2023 monthly Jan 1995 - May 2023
Denmark (2005=100) 97.3 Sep 2024 monthly Jan 1970 - Sep 2024
Ecuador (2007=100) 110.3 Nov 2017 monthly Jan 2011 - Nov 2017
Estonia (2005=100) 142.6 Dec 2024 monthly Jan 1993 - Dec 2024
European Union (2005=100) 90.4 Dec 2024 monthly Jan 1993 - Dec 2024
Finland (2005=100) 93.3 Dec 2024 monthly Jan 1993 - Dec 2024
France (2005=100) 89.8 Dec 2024 monthly Jan 1993 - Dec 2024
Georgia (2005=100) 134.5 Nov 2024 monthly Dec 1995 - Nov 2024
Germany (2005=100) 94.0 Dec 2024 monthly Jan 1993 - Dec 2024
Ghana (2005=100) 64.2 Nov 2024 monthly Dec 1979 - Nov 2024
Greece (2005=100) 92.5 Dec 2024 monthly Jan 1993 - Dec 2024
Hong Kong SAR, China (2005=100) 111.2 Dec 2024 monthly Jan 1994 - Dec 2024
Hungary (2005=100) 105.3 Nov 2024 monthly Jan 1990 - Nov 2024
Iceland (2005=100) 92.6 Dec 2024 monthly Jan 1979 - Dec 2024
India (2005=100) 117.8 Dec 2024 monthly Apr 2004 - Dec 2024
Indonesia (2005=100) 113.4 Dec 2024 monthly Jan 1994 - Dec 2024
Iran (2005=100) 935.3 Nov 2024 monthly Jan 1979 - Nov 2024
Ireland (2005=100) 81.7 Dec 2024 monthly Jan 1993 - Dec 2024
Israel (2005=100) 127.9 Dec 2024 monthly Jan 1994 - Dec 2024
Italy (2005=100) 94.5 Jun 2023 monthly Jan 1993 - Jun 2023
Ivory Coast (2005=100) 97.2 Nov 2024 monthly Dec 1979 - Nov 2024
Japan (2005=100) 55.1 Nov 2024 monthly Jan 1970 - Nov 2024
Kazakhstan (2005=100) 101.1 Oct 2024 monthly Jan 1995 - Oct 2024
Kenya (2005=100) 73.5 Aug 2015 monthly Oct 1997 - Aug 2015
South Korea (2005=100) 79.1 Dec 2024 monthly Jan 1994 - Dec 2024
Kosovo (Jan2007=100) 118.4 Nov 2024 monthly Dec 2006 - Nov 2024
Kyrgyzstan (2005=100) 144.9 Nov 2024 monthly Jan 2000 - Nov 2024
Latvia (2005=100) 131.4 Dec 2024 monthly Jan 1993 - Dec 2024
Lithuania (2005=100) 130.2 Dec 2024 monthly Jan 1993 - Dec 2024
Luxembourg (2005=100) 96.6 Dec 2024 monthly Jan 1993 - Dec 2024
North Macedonia (2005=100) 111.5 May 2023 monthly Jan 1993 - May 2023
Malawi (2010=100) 92.4 Nov 2024 monthly Dec 1979 - Nov 2024
Malaysia (2005=100) 91.8 Dec 2024 monthly Jan 1994 - Dec 2024
Malta (2005=100) 96.1 Dec 2024 monthly Jan 1993 - Dec 2024
Mexico (2005=100) 102.8 Nov 2024 monthly Jan 1968 - Nov 2024
Moldova (2005=100) 249.4 Nov 2024 monthly Nov 1993 - Nov 2024
Mongolia (2005=100) 126.5 Nov 2024 monthly Jan 2000 - Nov 2024
Morocco (2005=100) 98.9 Nov 2024 monthly Jan 1988 - Nov 2024
Netherlands (2005=100) 97.1 Dec 2024 monthly Jan 1993 - Dec 2024
New Zealand (2005=100) 96.1 Nov 2024 monthly Jan 1984 - Nov 2024
Nigeria (2005=100) 79.1 Nov 2024 monthly Dec 1979 - Nov 2024
Norway (2005=100) 73.0 Dec 2024 monthly Jan 1994 - Dec 2024
Pakistan (2010=100) 98.8 Dec 2023 monthly Jan 2013 - Dec 2023
Paraguay (2005=100) 69.3 Nov 2024 monthly Jan 1995 - Nov 2024
Peru (2005=100) 92.0 Nov 2024 monthly Jan 1991 - Nov 2024
Philippines (2005=100) 139.8 Dec 2024 monthly Jan 1993 - Dec 2024
Poland (2005=100) 116.2 Dec 2024 monthly Jan 1994 - Dec 2024
Portugal (2005=100) 92.9 Dec 2024 monthly Jan 1993 - Dec 2024
Romania (2005=100) 113.7 Dec 2024 monthly Jan 1994 - Dec 2024
Russia (2005=100) 92.3 Dec 2024 monthly Jan 1994 - Dec 2024
Saudi Arabia (2005=100) 128.9 Dec 2024 monthly Jan 1994 - Dec 2024
Serbia (2005=100) 143.0 Dec 2024 monthly Jan 2002 - Dec 2024
Singapore (2005=100) 135.7 Dec 2024 monthly Jan 1994 - Dec 2024
Slovakia (2005=100) 139.8 Dec 2024 monthly Jan 1993 - Dec 2024
Slovenia (2005=100) 100.5 Dec 2024 monthly Jan 1993 - Dec 2024
South Africa (2005=100) 90.2 Sep 2024 monthly Jan 1970 - Sep 2024
Spain (2005=100) 95.9 Dec 2024 monthly Jan 1993 - Dec 2024
Sri Lanka (2017=100) 75.0 Nov 2024 monthly Jan 2013 - Nov 2024
Sweden (2005=100) 77.6 Dec 2024 monthly Jan 1994 - Dec 2024
Switzerland (2005=100) 114.4 Dec 2024 monthly Jan 1973 - Dec 2024
Taiwan (2005=100) 92.8 Dec 2024 monthly Jan 1994 - Dec 2024
Thailand (2005=100) 124.6 Oct 2024 monthly Jan 1994 - Oct 2024
Tunisia (2005=100) 85.7 Nov 2024 monthly Jan 1979 - Nov 2024
Turkey (2005=100) 59.5 Dec 2024 monthly Jan 1994 - Dec 2024
Ukraine (2005=100) 87.2 Nov 2024 monthly Dec 1992 - Nov 2024
United Arab Emirates (2005=100) 128.2 Dec 2024 monthly Jan 1994 - Dec 2024
United Kingdom (2005=100) 89.4 Dec 2024 monthly Jan 1994 - Dec 2024
United States (Jan2006=100) 121.2 Dec 2024 monthly Jan 2006 - Dec 2024
Uruguay (2005=100) 47.9 Nov 2024 monthly Jan 2000 - Nov 2024
Venezuela (2005=100) 0.8 Feb 2019 monthly Jan 1994 - Feb 2019
Zambia (2005=100) 127.5 Sep 2024 monthly Jan 2013 - Sep 2024

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Bangladesh Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.1 2023 yearly 2006 - 2023
Consolidated Fiscal Balance (USD mn) -201.083 Sep 2024 monthly Jul 2008 - Sep 2024
Tax Revenue (USD mn) 2,256.054 Oct 2024 monthly Jul 1990 - Oct 2024
Tax Revenue: % of GDP (%) 7.8 2023 yearly 2006 - 2023
Government Debt: % of GDP (%) 26.4 2024 yearly 2010 - 2024
Forecast: Government Expenditure (BDT bn) 7,011.275 2024 yearly 1980 - 2024
Forecast: Government Net Debt (BDT bn) 38,914.207 2029 yearly 2003 - 2029
Forecast: Government Revenue (BDT bn) 9,401.383 2029 yearly 1980 - 2029
Government Overall Balance: Excluding Grants (BDT mn) -24,130.000 Sep 2024 monthly Jul 2008 - Sep 2024
Government Revenue & Foreign Grants (BDT mn) 337,010.000 Sep 2024 monthly Jul 2008 - Sep 2024
Government Debt: Domestic (DO): Net (BDT mn) 4,862,018.000 Oct 2024 monthly Apr 2002 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 11.439 2028 yearly 1980 - 2028
Trade Balance (USD mn) -2,059.4 Oct 2024 monthly Jul 1986 - Oct 2024
Total Exports (USD mn) 3,811.2 Oct 2024 monthly Jul 1986 - Oct 2024
Total Exports Growth (%) 26.3 Oct 2024 monthly Jul 1987 - Oct 2024
Aluminum: Exports (USD th) 9,003.857 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 155,439.497 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 9,473.454 2023 yearly 1995 - 2023
Total Imports (USD mn) 5,870.7 Oct 2024 monthly Jul 1986 - Oct 2024
Total Imports Growth (%) 19.3 Oct 2024 monthly Jul 1987 - Oct 2024
Imports: Medicament (USD th) 90,090.495 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 784,086.126 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 692.356 Sep 2024 monthly Jan 1973 - Sep 2024
Total Imports from USA (USD mn) 178.301 Sep 2024 monthly Jan 1981 - Sep 2024
Total Exports to China (USD mn) 67.373 Sep 2024 monthly Nov 1998 - Sep 2024
Total Imports from China (USD mn) 1,583.303 Sep 2024 monthly Jan 1981 - Sep 2024
Import Price Index (2005-2006=100) 283.380 2021 yearly 2007 - 2021
Export Price Index (2005-2006=100) 240.500 2021 yearly 2007 - 2021
Terms of Trade Index (2005-2006=100) 87.110 2018 yearly 2007 - 2018
Imports: Asian Countries: excl Middle East: Indonesia (BDT mn) 0.000 2023 yearly 1987 - 2023
Imports: Asian Countries: excl Middle East: Singapore (BDT mn) 121,829.000 2023 yearly 1987 - 2023
Imports: Asian Countries: excl Middle East: China (BDT mn) 2,093,910.000 2023 yearly 1987 - 2023
Imports: Asian Countries: excl Middle East: India (BDT mn) 1,201,370.000 2023 yearly 1987 - 2023
Imports: Asian Countries: excl Middle East: Japan (BDT mn) 239,522.000 2023 yearly 1987 - 2023
Export Volume Index (2015=100) 128.089 2021 yearly 1980 - 2021
Import Value Index (2015=100) 191.327 2021 yearly 1980 - 2021
Export Value Index (2015=100) 136.582 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 148.677 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -2.0 Sep 2024 quarterly Sep 1997 - Sep 2024
Current Account Balance (USD mn) -184.1 Sep 2024 monthly Jul 1997 - Sep 2024
Current Account Balance: % of GDP (%) 0.9 2024 yearly 1998 - 2024
Foreign Direct Investment (USD mn) 300.0 Sep 2024 quarterly Sep 2003 - Sep 2024
Foreign Direct Investment: % of GDP (%) 0.3 2024 yearly 1998 - 2024
Foreign Portfolio Investment (USD mn) 1.758 Sep 2024 quarterly Sep 1997 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -0.1 2024 yearly 1998 - 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 21.8 Sep 2024 quarterly Sep 1997 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -20.036 Sep 2024 quarterly Sep 1997 - Sep 2024
External Debt (USD mn) 103,788.9 Jun 2024 quarterly Sep 2011 - Jun 2024
External Debt: % of GDP (%) 11.4 2017 yearly 1997 - 2017
External Debt: Short Term (USD mn) 14,190.2 Jun 2024 quarterly Sep 2011 - Jun 2024
External Debt: Short Term: % of GDP (%) 3.1 2024 yearly 2012 - 2024
Forecast: Current Account Balance (USD bn) -9.885 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -86,746.283 Jun 2024 quarterly Mar 2005 - Jun 2024
BD: BoP: Current Account: Services (USD mn) -4,635.474 2023 yearly 1976 - 2023
BD: IIP: Liabilities (USD mn) 125,197.376 2023 yearly 1999 - 2023
BOP: Current Accounts Balance (BDT mn) -22,097.000 Sep 2024 monthly Jul 2012 - Sep 2024
BoP: USD: CA: Primary Income: Debit (USD mn) -1,329.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Capital Account: Capital Transfers (USD mn) 156.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Financial Account: Foreign Direct Investment (USD mn) 300.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Financial Account: Other Investment (OI) (USD mn) 283.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: Net Errors & Omissions (USD mn) -2,048.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Financial Account: FDI: of which net inflow (USD mn) 300.000 Sep 2024 quarterly Sep 2015 - Sep 2024
BoP: USD: CA: Trade Balance: Export F.O.B (USD mn) 10,560.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Services (USD mn) -1,034.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Services: Debit (USD mn) -2,547.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Secondary Income: Private Transfers (PT) (USD mn) 6,693.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Secondary Income: Official Transfers (USD mn) 27.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Capital Account (USD mn) 156.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: Reserve Assets (RA) (USD mn) 1,459.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Trade Balance: Import F.O.B (USD mn) -15,190.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Primary Income (USD mn) -1,183.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CF: Financial Account: Portfolio Investment (PI) (USD mn) -23.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Secondary Income: PT: ow: Workers' Remittances (USD mn) 6,542.000 Sep 2024 quarterly Sep 2014 - Sep 2024
Balance of Payment(BoP): USD: Current Account (CA) (USD mn) -127.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Trade Balance (USD mn) -4,630.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Primary Income: Credit (USD mn) 146.000 Sep 2024 quarterly Sep 2011 - Sep 2024
BoP: USD: CA: Services: Credit (USD mn) 1,513.000 Sep 2024 quarterly Sep 2011 - Sep 2024
IIP: Liabilities (BDT mn) 14,558,872.829 Sep 2024 quarterly Mar 2006 - Sep 2024
IIP: Assets (BDT mn) 3,757,512.338 Sep 2024 quarterly Mar 2006 - Sep 2024
International Investment Position (IIP): Net (BDT mn) -10,801,360.491 Sep 2024 quarterly Mar 2006 - Sep 2024
Outstanding External Debt as Percentage of GDP (%) 13.730 2023 yearly 1997 - 2023
BD: BOP: Current Account: Net Trade: Goods (USD mn) -9,652.132 2023 yearly 1976 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 16.9 Sep 2024 quarterly Mar 2003 - Sep 2024
Money Supply M1 (USD mn) 39,099.400 Nov 2024 monthly Jun 1986 - Nov 2024
Money Supply M2 (USD mn) 170,065.417 Nov 2024 monthly Jun 1986 - Nov 2024
M2 Growth (%) 8.0 Nov 2024 monthly Jun 1987 - Nov 2024
Reserve Requirement Ratio (%) 4.0 Dec 2024 monthly Oct 1999 - Dec 2024
Foreign Exchange Reserves (USD mn) 26,152.4 May 2023 monthly Dec 1972 - May 2023
Foreign Exchange Reserves: % of GDP (%) 4.000 Dec 2024 monthly Oct 1999 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 2.7 Oct 2024 monthly Jul 1986 - Oct 2024
Gold Reserves (USD mn) 1,198.004 Dec 2024 monthly Jan 1972 - Dec 2024
Total Deposits (USD mn) 155,424.867 Oct 2024 monthly Dec 1986 - Oct 2024
Total Deposits Growth (%) 7.1 Oct 2024 monthly Dec 1987 - Oct 2024
Domestic Credit (USD mn) 179,236.1 Nov 2024 monthly Jul 1987 - Nov 2024
Domestic Credit Growth (%) 9.9 Nov 2024 monthly Jul 1988 - Nov 2024
Total Loans (USD mn) 179,633.742 Nov 2024 monthly Jun 1991 - Nov 2024
Total Loans Growth (%) 12.02 Nov 2024 monthly Jun 1992 - Nov 2024
Private Debt: % of Nominal GDP (%) 32.34 2024 yearly 1974 - 2024
Money Supply M3 (BDT mn) 24,125,366.072 Sep 2024 monthly Jul 2019 - Sep 2024
Reserve Money M0 (BDT mn) 3,692,553.000 Oct 2024 monthly Jul 2019 - Oct 2024

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