Canada Real Effective Exchange Rate
Key information about Canada Real Effective Exchange Rate
- Canada Real Effective Exchange Rate (REER: 2005=100: Month Avg: Canada) was 88.4 in Dec 2024, compared with the number of 90.0 in the previous month.
- Canada Real Effective Exchange Rate data is updated monthly and averaged 116.5 from Jan 1999 to Dec 2024.
- The data reached an all-time high of 116.5 in Oct 2007 and a record low of 80.5 in Nov 2001.
CEIC generates Real Effective Exchange Rate Index with base 2005=100. The Bank of Canada provides Real Effective Exchange Rate Index with base 1999=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.
Related information about Canada Real Effective Exchange Rate
- In the latest reports, Canada Short Term Interest Rate: Month End: Treasury Bills Yield: 3 Months was reported at 2.9 % pa in Jan 2025.
- The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 3.0 % pa in Jan 2025.
- Canada Exchange Rate against USD averaged 1.3 (USD/CAD) in Jun 2023.
View Canada's Real Effective Exchange Rate from Jan 1999 to Dec 2024 in the chart:
What was Canada's Real Effective Exchange Rate in Dec 2024?
Canada Real Effective Exchange Rate (REER: 2005=100: Month Avg: Canada) was 88.4 in Dec 2024, compared with the number of 90.0 in the previous month. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
88.4 Dec 2024 | 90.0 Nov 2024 | 80.5 Nov 2001 | 116.5 Oct 2007 | 2005=100 | monthly | Jan 1999 - Dec 2024 |
Real Effective Exchange Rate by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Algeria (2005=100) | 105.2 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Argentina (2005=100) | 50.2 Feb 2025 | monthly | Jan 1997 - Feb 2025 |
Armenia (2005=100) | 253.2 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
Australia (2005=100) | 100.3 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Austria (2005=100) | 102.6 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Azerbaijan (2005=100) | 156.4 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
Bahrain (2005=100) | 96.0 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
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) | 102.0 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Bolivia (2005=100) | 51.4 Dec 2024 | monthly | Jan 1991 - Dec 2024 |
Bosnia and Herzegovina (2005=100) | 96.7 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
Botswana (Dec2018=100) | 97.1 Aug 2023 | monthly | Dec 2009 - Aug 2023 |
Brazil (2005=100) | 78.5 Dec 2024 | monthly | Jan 1988 - Dec 2024 |
Bulgaria (2005=100) | 129.1 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
Canada (2005=100) | 88.4 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
Chile (2005=100) | 113.6 Jan 2025 | monthly | Jan 1986 - Jan 2025 |
China (2005=100) | 135.9 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Colombia (2005=100) | 113.5 Jan 2025 | monthly | Jan 1990 - Jan 2025 |
Croatia (2005=100) | 103.1 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Cyprus (2005=100) | 88.6 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Czech Republic (2005=100) | 152.4 May 2023 | monthly | Jan 1995 - May 2023 |
Denmark (2005=100) | 95.9 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
Ecuador (2007=100) | 110.3 Nov 2017 | monthly | Jan 2011 - Nov 2017 |
Estonia (2005=100) | 141.7 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
European Union (2005=100) | 90.2 Jan 2025 | monthly | Jan 1993 - Jan 2025 |
Finland (2005=100) | 92.2 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
France (2005=100) | 89.4 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Georgia (2005=100) | 130.5 Jan 2025 | monthly | Dec 1995 - Jan 2025 |
Germany (2005=100) | 93.7 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Ghana (2005=100) | 67.6 Jan 2025 | monthly | Dec 1979 - Jan 2025 |
Greece (2005=100) | 92.2 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Hong Kong SAR, China (2005=100) | 111.7 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Hungary (2005=100) | 105.8 Dec 2024 | monthly | Jan 1990 - Dec 2024 |
Iceland (2005=100) | 91.9 Jan 2025 | monthly | Jan 1979 - Jan 2025 |
India (2005=100) | 115.2 Jan 2025 | monthly | Apr 2004 - Jan 2025 |
Indonesia (2005=100) | 111.6 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Iran (2005=100) | 986.1 Jan 2025 | monthly | Jan 1979 - Jan 2025 |
Ireland (2005=100) | 81.8 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Israel (2005=100) | 129.1 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Italy (2005=100) | 94.5 Jun 2023 | monthly | Jan 1993 - Jun 2023 |
Ivory Coast (2005=100) | 95.8 Jan 2025 | monthly | Dec 1979 - Jan 2025 |
Japan (2005=100) | 55.5 Jan 2025 | monthly | Jan 1970 - Jan 2025 |
Kazakhstan (2005=100) | 107.0 Jan 2025 | monthly | Jan 1995 - Jan 2025 |
Kenya (2005=100) | 73.5 Aug 2015 | monthly | Oct 1997 - Aug 2015 |
South Korea (2005=100) | 79.3 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Kosovo (Jan2007=100) | 119.9 Jan 2025 | monthly | Dec 2006 - Jan 2025 |
Kyrgyzstan (2005=100) | 146.7 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Latvia (2005=100) | 129.4 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Lithuania (2005=100) | 129.7 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Luxembourg (2005=100) | 96.2 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
North Macedonia (2005=100) | 111.5 May 2023 | monthly | Jan 1993 - May 2023 |
Malawi (2010=100) | 94.3 Jan 2025 | monthly | Dec 1979 - Jan 2025 |
Malaysia (2005=100) | 92.4 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Malta (2005=100) | 95.7 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Mexico (2005=100) | 102.8 Jan 2025 | monthly | Jan 1968 - Jan 2025 |
Moldova (2005=100) | 248.3 Jan 2025 | monthly | Nov 1993 - Jan 2025 |
Mongolia (2005=100) | 129.5 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
Morocco (2005=100) | 100.2 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
Netherlands (2005=100) | 96.8 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
New Zealand (2005=100) | 93.2 Jan 2025 | monthly | Jan 1984 - Jan 2025 |
Nigeria (2005=100) | 82.0 Jan 2025 | monthly | Dec 1979 - Jan 2025 |
Norway (2005=100) | 73.0 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Pakistan (2010=100) | 104.0 Jan 2025 | monthly | Jan 2013 - Jan 2025 |
Paraguay (2005=100) | 67.6 Dec 2024 | monthly | Jan 1995 - Dec 2024 |
Peru (2005=100) | 89.9 Feb 2025 | monthly | Jan 1991 - Feb 2025 |
Philippines (2005=100) | 145.0 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Poland (2005=100) | 117.6 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Portugal (2005=100) | 92.5 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Romania (2005=100) | 114.2 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Russia (2005=100) | 95.7 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Saudi Arabia (2005=100) | 129.9 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Serbia (2005=100) | 143.5 Jan 2025 | monthly | Jan 2002 - Jan 2025 |
Singapore (2005=100) | 134.3 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Slovakia (2005=100) | 137.7 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Slovenia (2005=100) | 99.7 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
South Africa (2005=100) | 89.3 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
Spain (2005=100) | 95.9 Feb 2025 | monthly | Jan 1993 - Feb 2025 |
Sri Lanka (2017=100) | 76.3 Jan 2025 | monthly | Jan 2013 - Jan 2025 |
Sweden (2005=100) | 77.5 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Switzerland (2005=100) | 112.3 Feb 2025 | monthly | Jan 1973 - Feb 2025 |
Taiwan (2005=100) | 92.8 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Thailand (2005=100) | 124.2 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Tunisia (2005=100) | 86.5 Jan 2025 | monthly | Jan 1979 - Jan 2025 |
Turkey (2005=100) | 66.9 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
Ukraine (2005=100) | 88.6 Jan 2025 | monthly | Dec 1992 - Jan 2025 |
United Arab Emirates (2005=100) | 129.0 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
United Kingdom (2005=100) | 87.7 Jan 2025 | monthly | Jan 1994 - Jan 2025 |
United States (Jan2006=100) | 121.8 Feb 2025 | monthly | Jan 2006 - Feb 2025 |
Uruguay (2005=100) | 48.1 Jan 2025 | monthly | Jan 2000 - Jan 2025 |
Venezuela (2005=100) | 0.8 Feb 2019 | monthly | Jan 1994 - Feb 2019 |
Zambia (2005=100) | 125.4 Nov 2024 | monthly | Jan 2013 - Nov 2024 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doCanada Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -1.6 Dec 2024 | quarterly | Jun 1993 - Dec 2024 |
Consolidated Fiscal Balance (USD mn) | 703.306 Dec 2024 | monthly | May 1992 - Dec 2024 |
Tax Revenue (USD mn) | 26,706.675 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Tax Revenue: % of GDP (%) | 13.0 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
National Government Debt (USD mn) | 1,519,779.9 2024 | yearly | 1962 - 2024 |
Government Debt: % of GDP (%) | 69.4 2024 | yearly | 1962 - 2024 |
Forecast: Government Expenditure (CAD bn) | 1,546.047 2029 | yearly | 1980 - 2029 |
Forecast: Government Net Debt (CAD bn) | 3,127.329 2028 | yearly | 1980 - 2028 |
Forecast: Government Revenue (CAD bn) | 1,523.743 2029 | yearly | 1980 - 2029 |
Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 38,049.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 6,472.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
Budgetary Balance: Deficit or Surplus (CAD mn) | 1,002.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
Budgetary Revenue (CAD mn) | 44,335.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
Budgetary Expense (CAD mn) | -43,333.000 Dec 2024 | monthly | May 1992 - Dec 2024 |
FIN Forecast: Budgetary Revenue (CAD mn) | 612,800.000 2030 | yearly | 1996 - 2030 |
FIN Forecast: Budgetary Expense (CAD mn) | 643,700.000 2030 | yearly | 1996 - 2030 |
FIN Forecast: Budgetary Balance (CAD mn) | -23,000.000 2030 | yearly | 1996 - 2030 |
FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 84,700.000 2030 | yearly | 2000 - 2030 |
Net Financing Activities (CAD mn) | 18,326.000 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
FIN Forecast: Federal Debt (CAD mn) | 1,435,700.000 2030 | yearly | 1997 - 2030 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 3.003 2029 | yearly | 1980 - 2029 |
Trade Balance (USD mn) | 2,760.8 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
Total Exports (USD mn) | 51,751.0 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
Total Exports Growth (%) | 20.3 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
Aluminum: Exports (USD th) | 10,038,642.351 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 8,523,307.384 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 1,163,157.014 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 48,990.2 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
Total Imports Growth (%) | 14.1 Jan 2025 | monthly | Jan 1989 - Jan 2025 |
Imports: Medicament (USD th) | 11,834,156.934 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 7,945,480.562 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 40,444.298 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
Total Imports from USA (USD mn) | 30,440.336 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
Total Exports to China (USD mn) | 2,133.435 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
Total Imports from China (USD mn) | 3,731.323 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
Coal Exports (kton) | 2,125.000 Nov 2024 | monthly | Jan 1977 - Nov 2024 |
Imports: Value: HS: Photosensitive Semiconductor Devices, Light Emitting Diodes ... (CAD th) | 9,394.499 Dec 2024 | monthly | Jan 2022 - Dec 2024 |
Imports: Value: HS: Photosensitive Semiconductor Devices, Photovoltaic Cells ass... (CAD th) | 4,954.608 Dec 2024 | monthly | Jan 2022 - Dec 2024 |
Import Value (Val): HS: Iron and Steel (IS) (CAD th) | 844,825.938 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
Import Value Index (2015=100) | 117.179 2021 | yearly | 1995 - 2021 |
Export Value Index (2015=100) | 123.790 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 0.6 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Household Debt: % of GDP (%) | 99.0 Dec 2024 | quarterly | Mar 1969 - Dec 2024 |
Money Supply M1 (USD mn) | 1,118,688.194 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
Money Supply M2 (USD mn) | 1,832,025.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
M2 Growth (%) | 6.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
Foreign Exchange Reserves (USD mn) | 91,801.0 Feb 2025 | monthly | Jun 1999 - Feb 2025 |
Foreign Exchange Reserves: % of GDP (%) | 4.192 Dec 2024 | quarterly | Jun 1999 - Dec 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 2.0 Jan 2025 | monthly | Jun 1999 - Jan 2025 |
Gold Reserves (USD mn) | 0.000 Feb 2025 | monthly | Dec 1956 - Feb 2025 |
Total Deposits (USD mn) | 4,370,496.703 Dec 2024 | monthly | Jan 2009 - Dec 2024 |
Total Deposits Growth (%) | 6.1 Dec 2024 | monthly | Jan 2010 - Dec 2024 |
Domestic Credit (USD mn) | 4,531,668.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
Domestic Credit Growth (%) | 3.9 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
Debt Service Ratio: Households (%) | 14.400 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Debt Service Ratio: Private Non-Financial Sector (%) | 25.200 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Credit to Households (USD bn) | 2,245.143 Sep 2024 | quarterly | Mar 1969 - Sep 2024 |
Credit to Private Non-Financial Sector (USD bn) | 4,889.449 Sep 2024 | quarterly | Mar 1954 - Sep 2024 |
Household Debt (USD mn) | 2,110,945.1 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
Total Loans (USD mn) | 3,076,370.833 Dec 2024 | monthly | Jan 1969 - Dec 2024 |
Total Loans Growth (%) | 3.38 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
Private Debt: % of Nominal GDP (%) | 212.62 Dec 2024 | quarterly | Mar 1969 - Dec 2024 |
Money Supply: M1+: Gross: sa (CAD mn) | 1,610,911.000 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
Money Supply: M2+: M2: Gross (CAD mn) | 2,648,681.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
Money Supply: M3: Gross: sa (CAD mn) | 3,800,470.000 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
Money Supply: M3: Gross (CAD mn) | 3,817,749.000 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
Money Supply: M2+: M2: Gross: sa (CAD mn) | 2,638,116.000 Dec 2024 | monthly | Jan 1968 - Dec 2024 |
Money Supply: M1+: Gross (CAD mn) | 1,623,406.000 Dec 2024 | monthly | Mar 1975 - Dec 2024 |
Official International Reserves (USD mn) | 119,595.000 Feb 2025 | monthly | Dec 1994 - Feb 2025 |
Official International Reserves: Gold (USD mn) | 0.000 Feb 2025 | monthly | Dec 1994 - Feb 2025 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | 2.8 Feb 2025 | monthly | Dec 2001 - Feb 2025 |
Purchasing Manager Index: Seasonally Adjusted (NA) | 55.300 Feb 2025 | monthly | Dec 2000 - Feb 2025 |
More Indicators for Canada
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.