European Union Real Effective Exchange Rate
Key information about EU Real Effective Exchange Rate
- European Union Real Effective Exchange Rate (REER: 2005=100: Month Avg: Euro Area) was 91.2 in Nov 2024, compared with the number of 92.0 in the previous month.
- EU Real Effective Exchange Rate data is updated monthly and averaged 109.4 from Jan 1993 to Nov 2024.
- The data reached an all-time high of 109.4 in Jan 1993 and a record low of 79.4 in Oct 2000.
CEIC generates Real Effective Exchange Rate Index with base 2005=100. European Central Bank provides Real Effective Exchange Rate Index with base 1Q1999=100 - Trade Weighted Index of a 41 currencies group. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy. Real Effective Exchange Rate Index covers Euro Area 20 only.
Related information about EU Real Effective Exchange Rate
- In the latest reports, EU 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 Nov 2024.
- EU Exchange Rate against USD averaged 0.9 (USD/EUR) in Jun 2023.
View European Union's Real Effective Exchange Rate from Jan 1993 to Nov 2024 in the chart:
What was European Union's Real Effective Exchange Rate in Nov 2024?
European Union Real Effective Exchange Rate (REER: 2005=100: Month Avg: Euro Area) was 91.2 in Nov 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 |
---|---|---|---|---|---|---|
91.2 Nov 2024 | 92.0 Oct 2024 | 79.4 Oct 2000 | 109.4 Jan 1993 | 2005=100 | monthly | Jan 1993 - Nov 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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Learn more about what we doEuropean Union Key Series
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 3.7 2017 | yearly | 2008 - 2017 |
Household Debt: % of GDP (%) | 44.4 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
Money Supply M1 (USD mn) | 11,332,966.326 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Money Supply M2 (USD mn) | 16,744,023.196 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
M2 Growth (%) | 2.6 Oct 2024 | monthly | Jan 1981 - Oct 2024 |
Reserve Requirement Ratio (%) | 1.0 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Foreign Exchange Reserves (USD mn) | 299,167.8 Nov 2024 | monthly | Dec 1999 - Nov 2024 |
Foreign Exchange Reserves: % of GDP (%) | 1.897 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 1.2 Oct 2024 | monthly | Jan 2002 - Oct 2024 |
Total Deposits (USD mn) | 16,775,729.751 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Total Deposits Growth (%) | 3.6 Oct 2024 | monthly | Sep 1998 - Oct 2024 |
Domestic Credit (USD mn) | 26,115,235.4 Aug 2024 | monthly | Jan 1999 - Aug 2024 |
Domestic Credit Growth (%) | -1.4 Aug 2024 | monthly | Sep 1998 - Aug 2024 |
Household Debt (USD mn) | 7,238,421.1 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Total Loans (USD mn) | 20,145,595.171 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
Total Loans Growth (%) | 2.22 Oct 2024 | monthly | Sep 1998 - Oct 2024 |
Private Debt: % of Nominal GDP (%) | 78.62 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
Money Supply M3: Outstanding (EUR bn) | 16,549.247 Oct 2024 | monthly | Jan 1970 - Oct 2024 |
Money Supply M2: Outstanding (EUR bn) | 15,388.231 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Money Supply M2: swda: Outstanding (EUR bn) | 15,425.171 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Money Supply M3: swda: Outstanding (EUR bn) | 16,577.412 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Money Supply M1: Outstanding (EUR bn) | 10,402.028 Oct 2024 | monthly | Jan 1970 - Oct 2024 |
Money Supply M1: swda: Outstanding (EUR bn) | 10,440.319 Oct 2024 | monthly | Jan 1980 - Oct 2024 |
Eurosystem: ORA: Foreign Currency Reserves (FCR) (EUR bn) | 283.850 Nov 2024 | monthly | Nov 1999 - Nov 2024 |
Eurosystem: Official Reserve Assets (ORA) (EUR bn) | 1,391.727 Nov 2024 | monthly | Nov 1999 - Nov 2024 |
MFIs Loans: Outstanding: Non Financial Sector (EUR bn) | 5,143.328 Oct 2024 | monthly | Sep 1997 - Oct 2024 |
MFIs Loans: Outstanding: Households: Consumer Credit (CS) (EUR bn) | 686.042 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
MFIs Loans: Outstanding: Households: HP: Over 5 Years (EUR bn) | 4,296.809 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Business Confidence Growth (% Point) | -1.6 Nov 2024 | monthly | Jan 1986 - Nov 2024 |
BE: Industrial Confidence Indicator (ICI): sa: NACE 2 (% Point) | -17.500 Nov 2024 | monthly | Jan 1985 - Nov 2024 |
Construction Confidence Indicator (CCI): sa: EU 27 excl UK (EU 27E) (% Point) | -15.900 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
Economic Sentiment Index: sa: EU 27 excl UK (NA) | 65.800 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
Industrial Confidence Indicator (ICI): sa: EA 19 (% Point) | 5.80 Jul 2018 | monthly | Jan 1985 - Jul 2018 |
Industrial Confidence Indicator (ICI): sa: EU 27 excl UK (EU 27E) (% Point) | -30.600 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
Service Confidence Indicator (SCI): sa: Euro Area 19 (% Point) | 15.30 Jul 2018 | monthly | Jan 1996 - Jul 2018 |
Service Confidence Indicator (SCI): sa: EU 27 excl UK (EU 27E) (% Point) | -35.400 Apr 2020 | monthly | Oct 1996 - Apr 2020 |
Eurocoin Leading Indicator (Number) | 0.180 Oct 2024 | monthly | Dec 2019 - Oct 2024 |
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