Luxembourg Real Effective Exchange Rate

1993 - 2024 | Monthly | 2005=100 | CEIC Data

Key information about Luxembourg Real Effective Exchange Rate

  • Luxembourg Real Effective Exchange Rate (HCI: 2005=100: Month Avg: Luxembourg) was 98.7 in Apr 2024, compared with the number of 98.8 in the previous month.
  • Luxembourg Real Effective Exchange Rate data is updated monthly and averaged 107.2 from Jan 1993 to Apr 2024.
  • The data reached an all-time high of 107.2 in Jul 2008 and a record low of 89.1 in Oct 2000.

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. Luxembourg is part of the Euro Area since January 1999.


Related information about Luxembourg Real Effective Exchange Rate

  • In the latest reports, Luxembourg 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 4.5 % pa in Apr 2024.
  • Luxembourg Exchange Rate against USD averaged 0.9 (USD/EUR) in Jun 2023.

View Luxembourg's Real Effective Exchange Rate from Jan 1993 to Apr 2024 in the chart:

Luxembourg Real Effective Exchange Rate

What was Luxembourg's Real Effective Exchange Rate in Apr 2024?

Luxembourg Real Effective Exchange Rate (HCI: 2005=100: Month Avg: Luxembourg) was 98.7 in Apr 2024, compared with the number of 98.8 in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
98.7 Apr 2024 98.8 Mar 2024 89.1 Oct 2000 107.2 Jul 2008 2005=100 monthly Jan 1993 - Apr 2024

Real Effective Exchange Rate by Country Comparison

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Includes Real Effective Exchange Rate on 92 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Algeria (2005=100) 105.2 Apr 2024 monthly Jan 1994 - Apr 2024
Argentina (2005=100) 60.1 Apr 2024 monthly Jan 1997 - Apr 2024
Armenia (2005=100) 239.9 Mar 2024 monthly Jan 1997 - Mar 2024
Australia (2005=100) 103.2 Apr 2024 monthly Jan 1994 - Apr 2024
Austria (2005=100) 104.0 Apr 2024 monthly Jan 1993 - Apr 2024
Azerbaijan (2005=100) 151.2 Mar 2024 monthly Jan 2005 - Mar 2024
Bahrain (2005=100) 95.9 Mar 2024 monthly Jan 1980 - Mar 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) 102.4 Apr 2024 monthly Jan 1993 - Apr 2024
Bolivia (2005=100) 54.0 Mar 2024 monthly Jan 1991 - Mar 2024
Bosnia and Herzegovina (2005=100) 98.4 Feb 2024 monthly Jan 2005 - Feb 2024
Botswana (Dec2018=100) 97.1 Aug 2023 monthly Dec 2009 - Aug 2023
Brazil (2005=100) 93.3 Mar 2024 monthly Jan 1988 - Mar 2024
Bulgaria (2005=100) 130.1 Apr 2024 monthly Jan 1993 - Apr 2024
Canada (2005=100) 90.6 Mar 2024 monthly Jan 1999 - Mar 2024
Chile (2005=100) 113.7 Apr 2024 monthly Jan 1986 - Apr 2024
China (2005=100) 135.5 Apr 2024 monthly Jan 1994 - Apr 2024
Colombia (2005=100) 112.2 Apr 2024 monthly Jan 1990 - Apr 2024
Croatia (2005=100) 102.2 Apr 2024 monthly Jan 1993 - Apr 2024
Cyprus (2005=100) 90.8 Apr 2024 monthly Jan 1993 - Apr 2024
Czech Republic (2005=100) 152.4 May 2023 monthly Jan 1995 - May 2023
Denmark (2005=100) 96.8 Dec 2023 monthly Jan 1970 - Dec 2023
Ecuador (2007=100) 110.3 Nov 2017 monthly Jan 2011 - Nov 2017
Estonia (2005=100) 142.6 Apr 2024 monthly Jan 1993 - Apr 2024
European Union (2005=100) 92.2 Apr 2024 monthly Jan 1993 - Apr 2024
Finland (2005=100) 94.5 Apr 2024 monthly Jan 1993 - Apr 2024
France (2005=100) 91.2 Apr 2024 monthly Jan 1993 - Apr 2024
Georgia (2005=100) 139.6 Mar 2024 monthly Dec 1995 - Mar 2024
Germany (2005=100) 94.9 Apr 2024 monthly Jan 1993 - Apr 2024
Ghana (2005=100) 69.1 Mar 2024 monthly Dec 1979 - Mar 2024
Greece (2005=100) 93.1 Apr 2024 monthly Jan 1993 - Apr 2024
Hong Kong SAR, China (2005=100) 110.4 Apr 2024 monthly Jan 1994 - Apr 2024
Hungary (2005=100) 102.0 Mar 2024 monthly Jan 1990 - Mar 2024
Iceland (2005=100) 89.0 Apr 2024 monthly Jan 1979 - Apr 2024
India (2005=100) 113.7 Apr 2024 monthly Apr 2004 - Apr 2024
Indonesia (2005=100) 113.2 Apr 2024 monthly Jan 1994 - Apr 2024
Iran (2005=100) 787.8 Mar 2024 monthly Jan 1979 - Mar 2024
Ireland (2005=100) 83.5 Apr 2024 monthly Jan 1993 - Apr 2024
Israel (2005=100) 121.4 Apr 2024 monthly Jan 1994 - Apr 2024
Italy (2005=100) 94.5 Jun 2023 monthly Jan 1993 - Jun 2023
Ivory Coast (2005=100) 96.9 Mar 2024 monthly Dec 1979 - Mar 2024
Japan (2005=100) 54.6 Apr 2024 monthly Jan 1970 - Apr 2024
Kazakhstan (2005=100) 101.9 Mar 2024 monthly Jan 1995 - Mar 2024
Kenya (2005=100) 73.5 Aug 2015 monthly Oct 1997 - Aug 2015
South Korea (2005=100) 82.5 Apr 2024 monthly Jan 1994 - Apr 2024
Kosovo (Jan2007=100) 118.8 Apr 2024 monthly Dec 2006 - Apr 2024
Kyrgyzstan (2005=100) 135.1 Feb 2024 monthly Jan 2000 - Feb 2024
Latvia (2005=100) 131.7 Apr 2024 monthly Jan 1993 - Apr 2024
Lithuania (2005=100) 131.6 Apr 2024 monthly Jan 1993 - Apr 2024
Luxembourg (2005=100) 98.7 Apr 2024 monthly Jan 1993 - Apr 2024
North Macedonia (2005=100) 111.5 May 2023 monthly Jan 1993 - May 2023
Malawi (2010=100) 78.4 Mar 2024 monthly Dec 1979 - Mar 2024
Malaysia (2005=100) 85.3 Apr 2024 monthly Jan 1994 - Apr 2024
Malta (2005=100) 97.1 Apr 2024 monthly Jan 1993 - Apr 2024
Mexico (2005=100) 87.5 Mar 2024 monthly Jan 1968 - Mar 2024
Moldova (2005=100) 219.5 Mar 2024 monthly Nov 1993 - Mar 2024
Mongolia (2005=100) 123.1 Mar 2024 monthly Jan 2000 - Mar 2024
Morocco (2005=100) 95.0 Mar 2024 monthly Jan 1988 - Mar 2024
Netherlands (2005=100) 97.5 Apr 2024 monthly Jan 1993 - Apr 2024
New Zealand (2005=100) 98.1 Mar 2024 monthly Jan 1984 - Mar 2024
Nigeria (2005=100) 66.0 Mar 2024 monthly Dec 1979 - Mar 2024
Norway (2005=100) 74.1 Apr 2024 monthly Jan 1994 - Apr 2024
Pakistan (2010=100) 98.8 Dec 2023 monthly Jan 2013 - Dec 2023
Paraguay (2005=100) 69.4 Mar 2024 monthly Jan 1995 - Mar 2024
Peru (2005=100) 91.3 Apr 2024 monthly Jan 1991 - Apr 2024
Philippines (2005=100) 146.3 Apr 2024 monthly Jan 1993 - Apr 2024
Poland (2005=100) 113.6 Apr 2024 monthly Jan 1994 - Apr 2024
Portugal (2005=100) 93.6 Apr 2024 monthly Jan 1993 - Apr 2024
Romania (2005=100) 113.5 Apr 2024 monthly Jan 1994 - Apr 2024
Russia (2005=100) 94.3 Apr 2024 monthly Jan 1994 - Apr 2024
Saudi Arabia (2005=100) 127.7 Apr 2024 monthly Jan 1994 - Apr 2024
Serbia (2005=100) 141.2 Apr 2024 monthly Jan 2002 - Apr 2024
Singapore (2005=100) 134.1 Apr 2024 monthly Jan 1994 - Apr 2024
Slovakia (2005=100) 138.2 Apr 2024 monthly Jan 1993 - Apr 2024
Slovenia (2005=100) 101.7 Apr 2024 monthly Jan 1993 - Apr 2024
South Africa (2005=100) 84.1 Feb 2024 monthly Jan 1970 - Feb 2024
Spain (2005=100) 97.4 Apr 2024 monthly Jan 1993 - Apr 2024
Sri Lanka (2017=100) 75.2 Apr 2024 monthly Jan 2013 - Apr 2024
Sweden (2005=100) 78.2 Apr 2024 monthly Jan 1994 - Apr 2024
Switzerland (2005=100) 112.2 Apr 2024 monthly Jan 1973 - Apr 2024
Taiwan (2005=100) 91.9 Apr 2024 monthly Jan 1994 - Apr 2024
Thailand (2005=100) 116.9 Feb 2024 monthly Jan 1994 - Feb 2024
Tunisia (2005=100) 82.2 Mar 2024 monthly Jan 1979 - Mar 2024
Turkey (2005=100) 53.0 Apr 2024 monthly Jan 1994 - Apr 2024
Ukraine (2005=100) 83.8 Mar 2024 monthly Dec 1992 - Mar 2024
United Arab Emirates (2005=100) 126.2 Apr 2024 monthly Jan 1994 - Apr 2024
United Kingdom (2005=100) 87.4 Apr 2024 monthly Jan 1994 - Apr 2024
United States (Jan2006=100) 116.5 Apr 2024 monthly Jan 2006 - Apr 2024
Uruguay (2005=100) 44.1 Mar 2024 monthly Jan 2000 - Mar 2024
Venezuela (2005=100) 0.8 Feb 2019 monthly Jan 1994 - Feb 2019
Zambia (2005=100) 132.7 Jan 2024 monthly Jan 2013 - Jan 2024

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Luxembourg Key Series

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Includes 216 key indicators for Luxembourg, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.3 2023 yearly 1995 - 2023
Tax Revenue (USD mn) 24,967.814 2023 yearly 1995 - 2023
Tax Revenue: % of GDP (%) 29.1 2023 yearly 1995 - 2023
National Government Debt (USD mn) 22,520.6 Dec 2023 quarterly Dec 1995 - Dec 2023
Government Debt: % of GDP (%) 25.7 Dec 2023 quarterly Dec 1997 - Dec 2023
Forecast: Government Expenditure (EUR bn) 51.850 2029 yearly 1995 - 2029
Forecast: Government Net Debt (EUR bn) 32.310 2029 yearly 1995 - 2029
Forecast: Government Revenue (EUR bn) 50.255 2029 yearly 1995 - 2029
General Government Debt: Consolidated (EUR mn) 20,358.500 Dec 2023 quarterly Dec 1995 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.400 2028 yearly 1987 - 2028
Trade Balance (USD mn) -682.8 Mar 2024 monthly Jan 1988 - Mar 2024
Total Exports (USD mn) 1,278.2 Mar 2024 monthly Jan 1988 - Mar 2024
Total Exports Growth (%) -16.2 Mar 2024 monthly Jan 1989 - Mar 2024
Aluminum: Exports (USD th) 548,752.894 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 88,440.139 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 30,283.048 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,961.0 Mar 2024 monthly Jan 1988 - Mar 2024
Total Imports Growth (%) -10.8 Apr 2023 monthly Jan 1989 - Apr 2023
Imports: Medicament (USD th) 475,818.281 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 147,812.953 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 46.227 Mar 2024 monthly Jan 1988 - Mar 2024
Total Imports from USA (USD mn) 49.725 Mar 2024 monthly Jan 1988 - Mar 2024
Total Exports to China (USD mn) 22.349 Feb 2024 monthly Jan 1997 - Feb 2024
Total Imports from China (USD mn) 214.400 2023 yearly 1993 - 2023
Trade Balance: sa (EUR mn) -628.180 Mar 2024 monthly Jan 1988 - Mar 2024
Imports (EUR mn) 2,022.904 Mar 2024 monthly Jan 1988 - Mar 2024
Exports: sa (EUR mn) 1,175.852 Mar 2024 monthly Jan 1988 - Mar 2024
Exports (EUR mn) 1,320.746 Mar 2024 monthly Jan 1988 - Mar 2024
Imports: sa (EUR mn) 1,804.031 Mar 2024 monthly Jan 1988 - Mar 2024
Total Exports: MoM: sa (%) -7.308 Mar 2024 monthly Jan 1988 - Mar 2024
Total Exports: YoY (%) -14.362 Mar 2024 monthly Jan 1988 - Mar 2024
Total Imports: MoM: sa (%) -10.476 Mar 2024 monthly Jan 1988 - Mar 2024
Total Imports: YoY (%) -17.113 Mar 2024 monthly Jan 1988 - Mar 2024
Exports: Other Manufactured Goods (EUR mn) 189.064 Mar 2024 monthly Jan 1988 - Mar 2024
Exports: Transport Equipment (EUR mn) 171.730 Mar 2024 monthly Jan 1988 - Mar 2024
Exports: Machinery and Equipment (EUR mn) 245.097 Mar 2024 monthly Jan 1988 - Mar 2024
Exports: Base Metal Products (EUR mn) 255.420 Mar 2024 monthly Jan 1988 - Mar 2024
Exports: Chemicals and Related Products (EUR mn) 173.825 Mar 2024 monthly Jan 1988 - Mar 2024
Exports: European Union: ow European Monetary Union: ow France (EUR mn) 210.887 Mar 2024 monthly Jan 1988 - Mar 2024
Exports: European Union (EUR mn) 1,045.247 Mar 2024 monthly Jan 1988 - Mar 2024
Exports: America: ow United States of America (EUR mn) 42.527 Mar 2024 monthly Jan 1988 - Mar 2024
Exports: Asia: ow Japan (EUR mn) 4.727 Mar 2024 monthly Jan 1988 - Mar 2024
Exports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 172.201 Mar 2024 monthly Jan 1988 - Mar 2024
Exports: European Union: ow European Monetary Union: ow Germany (EUR mn) 312.678 Mar 2024 monthly Jan 1988 - Mar 2024
Imports: Food Products and Live Animals (EUR mn) 190.770 Mar 2024 monthly Jan 1988 - Mar 2024
Imports: Machinery and Equipment (EUR mn) 328.347 Mar 2024 monthly Jan 1988 - Mar 2024
Imports: Transport Equipment (EUR mn) 354.989 Mar 2024 monthly Jan 1988 - Mar 2024
Imports: Mineral Fuels and Lubricants (EUR mn) 249.806 Mar 2024 monthly Jan 1988 - Mar 2024
Imports: Chemicals and Related Products (EUR mn) 258.508 Mar 2024 monthly Jan 1988 - Mar 2024
Imports: European Union: ow European Monetary Union: ow France (EUR mn) 273.984 Mar 2024 monthly Jan 1988 - Mar 2024
Imports: America: ow United States of America (EUR mn) 45.745 Mar 2024 monthly Jan 1988 - Mar 2024
Imports: European Union (EUR mn) 1,886.082 Mar 2024 monthly Jan 1988 - Mar 2024
Imports: European Union: ow European Monetary Union: ow Germany (EUR mn) 572.018 Mar 2024 monthly Jan 1988 - Mar 2024
Imports: Asia: ow Japan (EUR mn) 20.166 Mar 2024 monthly Jan 1988 - Mar 2024
Imports: European Union: ow European Monetary Union: ow Belgium (EUR mn) 692.385 Mar 2024 monthly Jan 1988 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -155,563.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Current Account Balance (USD mn) 1,576.9 Dec 2023 quarterly Mar 1995 - Dec 2023
Current Account Balance: % of GDP (%) 7.0 Dec 2023 quarterly Mar 1995 - Dec 2023
Foreign Direct Investment (USD mn) -131,420.3 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Direct Investment: % of GDP (%) -584.6 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Portfolio Investment (USD mn) -25,997.080 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -115.6 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -10,771.4 Sep 2023 quarterly Mar 2002 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -10,542.166 Dec 2023 quarterly Mar 2002 - Dec 2023
External Debt (USD mn) 3,791,246.5 Dec 2023 quarterly Dec 2002 - Dec 2023
External Debt: % of GDP (%) 4,321.4 2023 yearly 2002 - 2023
External Debt: Short Term (USD mn) 1,005,773.8 Dec 2023 quarterly Dec 2002 - Dec 2023
External Debt: Short Term: % of GDP (%) 1,146.4 2023 yearly 2002 - 2023
Total Debt: % of GDP (%) 7,053.4 Dec 2023 quarterly Dec 1995 - Dec 2023
Forecast: Current Account Balance (USD bn) 4.708 2028 yearly 1995 - 2028
Net International Investment Position (USD mn) 29,674.752 Dec 2023 quarterly Dec 2002 - Dec 2023
BoP: FA: PI: DS: Liabilities (EUR mn) -9,805.725 Dec 2023 quarterly Mar 2002 - Dec 2023
BoP: FA: Portfolio Investment (PI) (EUR mn) 26,070.164 Dec 2023 quarterly Mar 2002 - Dec 2023
International Investment Position (IIP): Net (EUR mn) 26,825.847 Dec 2023 quarterly Dec 2002 - Dec 2023
IIP: Liabilities (EUR mn) 11,640,779.399 Dec 2023 quarterly Dec 2002 - Dec 2023
IIP: Assets (EUR mn) 11,667,605.247 Dec 2023 quarterly Dec 2002 - Dec 2023
Gross External Debt: General Government: Long Term (EUR mn) 11,354.486 Dec 2023 quarterly Dec 2002 - Dec 2023
Gross External Debt: General Government: Short Term (EUR mn) 0.000 Dec 2023 quarterly Dec 2002 - Dec 2023
Gross External Debt: General Government (EUR mn) 11,354.486 Dec 2023 quarterly Dec 2002 - Dec 2023
Gross External Debt (EUR mn) 3,427,270.343 Dec 2023 quarterly Dec 2002 - Dec 2023
Number of Bankruptcies: NACE 2 (Unit) 935.000 2023 yearly 2000 - 2023
Number of Enterprises: NACE 2: New (Unit) 3,178.000 2020 yearly 2003 - 2020
Number of Enterprises: NACE 2: Active (Unit) 40,997.000 2020 yearly 2003 - 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.2 Dec 2013 semiannually Dec 2005 - Dec 2013
Household Debt: % of GDP (%) 69.2 Dec 2023 quarterly Dec 1995 - Dec 2023
Money Supply M1 (USD mn) 302,687.551 Mar 2024 monthly Jan 1999 - Mar 2024
Money Supply M2 (USD mn) 400,238.192 Mar 2024 monthly Jan 1999 - Mar 2024
M2 Growth (%) -3.5 Mar 2024 monthly Jan 2000 - Mar 2024
Reserve Requirement Ratio (%) 1.0 Mar 2024 monthly Jan 1999 - Mar 2024
Foreign Exchange Reserves (USD mn) 203.7 Apr 2024 monthly Jan 1999 - Apr 2024
Foreign Exchange Reserves: % of GDP (%) 0.224 Dec 2023 quarterly Mar 1999 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 0.1 Mar 2024 monthly Jan 1999 - Mar 2024
Gold Reserves (USD mn) 166.310 Apr 2024 monthly Jan 1999 - Apr 2024
Total Deposits (USD mn) 839,584.802 Mar 2024 quarterly Mar 2003 - Mar 2024
Total Deposits Growth (%) -0.9 Mar 2024 quarterly Mar 2004 - Mar 2024
Domestic Credit (USD mn) 152,098.8 Feb 2024 monthly Jan 1999 - Feb 2024
Domestic Credit Growth (%) -6.1 Feb 2024 monthly Jan 2000 - Feb 2024
Credit to Households (USD bn) 57.797 Sep 2023 quarterly Mar 1995 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 322.629 Sep 2023 quarterly Mar 1995 - Sep 2023
Household Debt (USD mn) 57,107.4 Mar 2023 quarterly Mar 1995 - Mar 2023
Total Loans (USD mn) 728,587.821 Mar 2024 monthly Jan 2001 - Mar 2024
Total Loans Growth (%) -4.79 Mar 2024 monthly Jan 2002 - Mar 2024
Private Debt: % of Nominal GDP (%) 93.17 Dec 2023 quarterly Mar 1999 - Dec 2023
Money Supply: M3 (EUR bn) 467.300 Mar 2024 monthly Jan 1999 - Mar 2024
Money Supply: M3: M2 (EUR bn) 370.900 Mar 2024 monthly Jan 1999 - Mar 2024
Money Supply: M3: M2: M1 (EUR bn) 280.500 Mar 2024 monthly Jan 1999 - Mar 2024
Money Supply: M3: M2: M1: Currency in Circulation (EUR bn) 3.600 Mar 2019 monthly Jan 1999 - Mar 2019
Official Reserve Assets (EUR mn) 2,769.531 Apr 2024 monthly Jan 1999 - Apr 2024
Official Reserve Assets: Foreign Exchange (EUR mn) 190.618 Apr 2024 monthly Jan 1999 - Apr 2024
Bank Deposits: Domestic (EUR mn) 312,154.100 Mar 2024 monthly Jan 2003 - Mar 2024
Bank Loans: Domestic: Credit Institutions (EUR mn) 170,535.656 Mar 2024 monthly Jan 1999 - Mar 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -1.1 Apr 2024 monthly Jan 1986 - Apr 2024

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