Real Exchange Rate by Country
Latest released Real Exchange Rate value for every supported currency, with the previous reading, the change between releases, reference date, frequency, unit, and source.
/api/v1/announcements/{currency}/real_exchange_rate. Non-USD endpoints require an API key query parameter.| Country / Currency | Latest | Previous | Change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|
|
Australia
AUD · Australian Dollar
|
152.51
30 Mar 2026
|
144.78
30 Dec 2025
|
▲ +7.73 | 30 Mar 2026 | Monthly | Index | ABS/RBA |
What is Real Exchange Rate?
The real exchange rate adjusts the nominal exchange rate for relative price levels between countries (typically using CPI). Real-effective-exchange-rate (REER) indices apply this adjustment across a trade-weighted basket.
Why it matters for FX
Real exchange rates are the right framework for thinking about competitiveness and external balance over time. Sharp real-appreciation episodes typically erode trade balances and eventually reverse; sharp real depreciations support rebalancing.
How to read this page
Compare REER to its long-run mean. Persistent deviations of more than 10-15 percent typically attract attention from policymakers and FX strategists alike.
What to watch for
- REER deviation from long-run mean
- Bilateral vs effective real rate
- Inflation-differential effects
- Trade-weights composition
- Cross-check with current_account_balance