Country comparison

Real Exchange Rate by Country

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 compare Real Exchange Rate across countries?

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 the country list

Compare REER to its long-run mean. Persistent deviations of more than 10-15 percent typically attract attention from policymakers and FX strategists alike.

Supported countries

Filter by country, currency, source, cadence, or unit.

Country / Currency Frequency Unit Source History Links
Australia
AUD / Australian Dollar
Monthly Index RBA History from 2010-03-30 (16.2 years)