Cyprus Real Effective Exchange Rate
1993 - 2024 | Monthly | 2005=100 | CEIC Data
Key information about Cyprus Real Effective Exchange Rate
- Cyprus Real Effective Exchange Rate (HCI: 2005=100: Month Avg: Cyprus) was 92.1 in Oct 2024, compared with the number of 92.0 in the previous month.
- Cyprus Real Effective Exchange Rate data is updated monthly and averaged 103.8 from Jan 1993 to Oct 2024.
- The data reached an all-time high of 103.8 in Dec 2004 and a record low of 83.8 in Sep 2022.
CEIC generates Real Effective Exchange Rate Index with base 2005=100. European Central Bank provides Harmonized Competitiveness Indicator with base 1Q1999=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy. Cyprus is part of the Euro Area since January 2008.
Related information about Cyprus Real Effective Exchange Rate
- In the latest reports, Cyprus Short Term Interest Rate: Month End: EURIBOR: 3 Months was reported at -0.6 % pa in Nov 2021.
- The cash rate (Policy Rate: Month End: Main Refinancing Operations) was set at 3.4 % pa in Oct 2024.
- Cyprus Exchange Rate against USD averaged 0.9 (USD/EUR) in Jun 2023.
View Cyprus's Real Effective Exchange Rate from Jan 1993 to Oct 2024 in the chart:
What was Cyprus's Real Effective Exchange Rate in Oct 2024?
Cyprus Real Effective Exchange Rate (HCI: 2005=100: Month Avg: Cyprus) was 92.1 in Oct 2024, compared with the number of 92.0 in the previous month. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 92.1 Oct 2024 | 92.0 Sep 2024 | 83.8 Sep 2022 | 103.8 Dec 2004 | 2005=100 | monthly | Jan 1993 - Oct 2024 |
Real Effective Exchange Rate by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Algeria (2005=100) | 104.5 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Argentina (2005=100) | 50.6 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
| Armenia (2005=100) | 233.8 Sep 2024 | monthly | Jan 1997 - Sep 2024 |
| Australia (2005=100) | 104.0 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Austria (2005=100) | 103.2 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Azerbaijan (2005=100) | 148.7 Oct 2024 | monthly | Jan 2005 - Oct 2024 |
| Bahrain (2005=100) | 94.2 Oct 2024 | monthly | Jan 1980 - Oct 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) | 102.7 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Bolivia (2005=100) | 53.7 Sep 2024 | monthly | Jan 1991 - Sep 2024 |
| Bosnia and Herzegovina (2005=100) | 96.9 Sep 2024 | monthly | Jan 2005 - Sep 2024 |
| Botswana (Dec2018=100) | 97.1 Aug 2023 | monthly | Dec 2009 - Aug 2023 |
| Brazil (2005=100) | 82.0 Sep 2024 | monthly | Jan 1988 - Sep 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) | 109.2 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| China (2005=100) | 136.1 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Colombia (2005=100) | 120.2 Nov 2024 | monthly | Jan 1990 - Nov 2024 |
| Croatia (2005=100) | 102.7 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Cyprus (2005=100) | 92.1 Oct 2024 | monthly | Jan 1993 - Oct 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) | 143.1 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| European Union (2005=100) | 91.2 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Finland (2005=100) | 94.0 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| France (2005=100) | 90.5 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Georgia (2005=100) | 132.8 Oct 2024 | monthly | Dec 1995 - Oct 2024 |
| Germany (2005=100) | 94.9 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Ghana (2005=100) | 62.3 Oct 2024 | monthly | Dec 1979 - Oct 2024 |
| Greece (2005=100) | 94.1 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Hong Kong SAR, China (2005=100) | 109.0 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Hungary (2005=100) | 103.4 Oct 2024 | monthly | Jan 1990 - Oct 2024 |
| Iceland (2005=100) | 90.3 Oct 2024 | monthly | Jan 1979 - Oct 2024 |
| India (2005=100) | 117.8 Oct 2024 | monthly | Apr 2004 - Oct 2024 |
| Indonesia (2005=100) | 112.7 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Iran (2005=100) | 901.3 Oct 2024 | monthly | Jan 1979 - Oct 2024 |
| Ireland (2005=100) | 83.0 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Israel (2005=100) | 120.8 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Italy (2005=100) | 94.5 Jun 2023 | monthly | Jan 1993 - Jun 2023 |
| Ivory Coast (2005=100) | 97.9 Oct 2024 | monthly | Dec 1979 - Oct 2024 |
| Japan (2005=100) | 55.7 Oct 2024 | monthly | Jan 1970 - Oct 2024 |
| Kazakhstan (2005=100) | 98.8 Sep 2024 | monthly | Jan 1995 - Sep 2024 |
| Kenya (2005=100) | 73.5 Aug 2015 | monthly | Oct 1997 - Aug 2015 |
| South Korea (2005=100) | 81.4 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Kosovo (Jan2007=100) | 118.2 Sep 2024 | monthly | Dec 2006 - Sep 2024 |
| Kyrgyzstan (2005=100) | 142.5 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Latvia (2005=100) | 130.9 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Lithuania (2005=100) | 131.2 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Luxembourg (2005=100) | 97.9 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| North Macedonia (2005=100) | 111.5 May 2023 | monthly | Jan 1993 - May 2023 |
| Malawi (2010=100) | 89.6 Oct 2024 | monthly | Dec 1979 - Oct 2024 |
| Malaysia (2005=100) | 92.7 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Malta (2005=100) | 97.0 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Mexico (2005=100) | 103.1 Sep 2024 | monthly | Jan 1968 - Sep 2024 |
| Moldova (2005=100) | 233.0 Oct 2024 | monthly | Nov 1993 - Oct 2024 |
| Mongolia (2005=100) | 120.7 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Morocco (2005=100) | 98.7 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
| Netherlands (2005=100) | 98.2 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| New Zealand (2005=100) | 97.0 Oct 2024 | monthly | Jan 1984 - Oct 2024 |
| Nigeria (2005=100) | 75.9 Oct 2024 | monthly | Dec 1979 - Oct 2024 |
| Norway (2005=100) | 73.1 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Pakistan (2010=100) | 98.8 Dec 2023 | monthly | Jan 2013 - Dec 2023 |
| Paraguay (2005=100) | 71.3 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Peru (2005=100) | 92.0 Nov 2024 | monthly | Jan 1991 - Nov 2024 |
| Philippines (2005=100) | 138.1 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Poland (2005=100) | 115.1 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Portugal (2005=100) | 93.9 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Romania (2005=100) | 113.7 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Russia (2005=100) | 92.5 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Saudi Arabia (2005=100) | 125.3 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Serbia (2005=100) | 143.5 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
| Singapore (2005=100) | 136.5 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Slovakia (2005=100) | 139.7 Nov 2024 | monthly | Jan 1993 - Nov 2024 |
| Slovenia (2005=100) | 100.8 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| South Africa (2005=100) | 90.2 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Spain (2005=100) | 96.6 Oct 2024 | monthly | Jan 1993 - Oct 2024 |
| Sri Lanka (2017=100) | 73.6 Oct 2024 | monthly | Jan 2013 - Oct 2024 |
| Sweden (2005=100) | 78.6 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Switzerland (2005=100) | 114.9 Nov 2024 | monthly | Jan 1973 - Nov 2024 |
| Taiwan (2005=100) | 91.5 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Thailand (2005=100) | 124.6 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| Tunisia (2005=100) | 84.8 Oct 2024 | monthly | Jan 1979 - Oct 2024 |
| Turkey (2005=100) | 59.5 Nov 2024 | monthly | Jan 1994 - Nov 2024 |
| Ukraine (2005=100) | 83.8 Oct 2024 | monthly | Dec 1992 - Oct 2024 |
| United Arab Emirates (2005=100) | 124.9 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| United Kingdom (2005=100) | 88.6 Oct 2024 | monthly | Jan 1994 - Oct 2024 |
| United States (Jan2006=100) | 119.8 Nov 2024 | monthly | Jan 2006 - Nov 2024 |
| Uruguay (2005=100) | 47.4 Oct 2024 | monthly | Jan 2000 - Oct 2024 |
| Venezuela (2005=100) | 0.8 Feb 2019 | monthly | Jan 1994 - Feb 2019 |
| Zambia (2005=100) | 120.8 Jul 2024 | monthly | Jan 2013 - Jul 2024 |
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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 doCyprus Key Series
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.600 2029 | yearly | 2001 - 2029 |
| Trade Balance (USD mn) | -659.7 Sep 2024 | monthly | Jan 1957 - Sep 2024 |
| Total Exports (USD mn) | 388.8 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Total Exports Growth (%) | -21.2 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Aluminum: Exports (USD th) | 2,262.161 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 392,658.586 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 5,615.719 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 1,048.5 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Total Imports Growth (%) | -14.3 Sep 2024 | monthly | Jan 2001 - Sep 2024 |
| Imports: Medicament (USD th) | 374,947.813 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 95,568.267 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 2.552 Aug 2024 | monthly | Nov 1969 - Aug 2024 |
| Total Imports from USA (USD mn) | 17.874 Aug 2024 | monthly | Apr 1964 - Aug 2024 |
| Total Exports to China (USD mn) | 1.390 Aug 2024 | monthly | Nov 1999 - Aug 2024 |
| Total Imports from China (USD mn) | 84.333 Aug 2024 | monthly | Sep 1974 - Aug 2024 |
| Exports (EUR th) | 350,170.000 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Imports (EUR th) | 944,244.000 Sep 2024 | monthly | Jan 2000 - Sep 2024 |
| Foreign Trade: Imports: YoY (%) | -14.300 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Foreign Trade: Exports: YoY (%) | -21.200 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Exports: HS: Chemicals and Chemical Products (EUR th) | 42,232.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Exports: HS: Optical, Photographic, Musical, Medical and Precision Instruments, ... (EUR th) | 6,158.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Exports: HS: Base Metals and Base Metals Products (EUR th) | 3,820.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Exports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 13,346.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Exports: HS: Mineral Products (EUR th) | 153,638.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Exports: Re-Export (EUR mn) | 2,325.100 2023 | yearly | 1985 - 2023 |
| Exports: Middle East: Lebanon (EUR th) | 40,638.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Exports: EU: United Kingdom (EUR th) | 13,148.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Exports: EU: Greece (EUR th) | 19,788.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Exports: North America: United States (EUR th) | 2,316.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Imports: HS: Base Metals and Base Metals Products (EUR th) | 34,103.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Imports: HS: Machinery and Equipment, Parts and Accessories (EUR th) | 116,687.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Imports: HS: Transport Equipment, Vehicles, Aircraft, Vessels (EUR th) | 129,503.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Imports: HS: Food, Beverages and Tobacco (EUR th) | 93,811.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Imports: HS: Mineral Products (EUR th) | 266,254.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Imports: EU: Germany (EUR th) | 57,876.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Imports: EU: Italy (EUR th) | 58,517.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Imports: EU: Greece (EUR th) | 215,884.000 Aug 2024 | monthly | May 2003 - Aug 2024 |
| Export Value Index (2015=100) | 114.907 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 144.778 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 6.8 Aug 2024 | monthly | Dec 2014 - Aug 2024 |
| Household Debt: % of GDP (%) | 83.3 2022 | yearly | 1995 - 2022 |
| Non-Performing Loans (USD mn) | 1,811.148 Aug 2024 | monthly | Dec 2014 - Aug 2024 |
| M2 Growth (%) | -5.2 2014 | yearly | 2006 - 2014 |
| Reserve Requirement Ratio (%) | 1.0 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Foreign Exchange Reserves (USD mn) | 252.8 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 0.666 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.2 Sep 2024 | monthly | Jan 2002 - Sep 2024 |
| Gold Reserves (USD mn) | 1,187.577 Nov 2024 | monthly | Mar 1968 - Nov 2024 |
| Total Deposits (USD mn) | 59,230.673 Oct 2024 | monthly | Nov 2005 - Oct 2024 |
| Total Deposits Growth (%) | 5.1 Oct 2024 | monthly | Nov 2006 - Oct 2024 |
| Domestic Credit (USD mn) | 21,988.9 Oct 2024 | monthly | Nov 2005 - Oct 2024 |
| Domestic Credit Growth (%) | -2.2 Oct 2024 | monthly | Nov 2006 - Oct 2024 |
| Household Debt (USD mn) | 26,203.9 2022 | yearly | 1995 - 2022 |
| Total Loans (USD mn) | 26,971.087 Oct 2024 | monthly | Nov 2005 - Oct 2024 |
| Total Loans Growth (%) | 0.60 Oct 2024 | monthly | Nov 2006 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 59.37 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Reserve Assets: Foreign Exchange (EUR mn) | 239.690 Nov 2024 | monthly | Jan 2013 - Nov 2024 |
| Reserve Assets (EUR mn) | 2,005.233 Nov 2024 | monthly | Jan 2013 - Nov 2024 |
| Reserve Assets: Monetary Gold (EUR mn) | 1,125.985 Nov 2024 | monthly | Jan 2013 - Nov 2024 |
| MFIs Deposits: Non MFIs: Domestic Residents: Others: Households (EUR mn) | 28,124.735 Oct 2024 | monthly | Nov 2005 - Oct 2024 |
| Non Performing Loans to Total Loans: Basel III (%) | 6.806 Aug 2024 | monthly | Dec 2014 - Aug 2024 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -5.5 Nov 2024 | monthly | May 2003 - Nov 2024 |
More Indicators for Cyprus
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