Real Effective Exchange Rate in New Zealand

New Zealand: Real Effective Exchange Rate was 102.87 in 2018. ▲ Rising

Latest (2018)
102.87
Change on year
down 4.2%
World rank
46th
of 107 countries
All-time high
112.87
in 2014
All-time low
75.59
in 2001
Years of data
19
2000–2018

Real Effective Exchange Rate in New Zealand, 2000–2018

02550751001252000200920182000: 772001: 75.62002: 82.52003: 93.82004: 100.32005: 105.72006: 98.12007: 104.92008: 97.52009: 91.32010: 1002011: 104.22012: 107.72013: 1102014: 112.92015: 1052016: 105.92017: 107.42018: 102.9

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

In 2018, real effective exchange rate in New Zealand stood at 102.87.

The figure is down 4.2% on the previous year and up 5.5% over ten years.

Over the whole period, real effective exchange rate in New Zealand peaked at 112.87 in 2014 and was at its lowest, 75.59, in 2001.

That places New Zealand 46th out of 107 countries with data for 2018, putting it in the middle of the range.

The long-run direction has been consistently rising across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 92.68 75.59 105.75 10
2010s 106.2 100 112.87 9

Countries ranked near New Zealand

  1. 43 Croatia 104.28 compare
  2. 44 Saint Vincent and the Grenadines 103.92 compare
  3. 45 Gabon 103.15 compare
  4. 47 Latvia 102.84 compare
  5. 48 Austria 102.77 compare
  6. 49 Saint Lucia 102.36 compare

See the full ranking of 117 places →

More reference data data for New Zealand

All data for New Zealand →

Frequently asked questions

What is real effective exchange rate in New Zealand?
Real effective exchange rate in New Zealand was 102.87 in 2018, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest real effective exchange rate recorded in New Zealand?
The highest recorded value was 112.87 in 2014.
What is the lowest real effective exchange rate recorded in New Zealand?
The lowest recorded value was 75.59 in 2001.
How does New Zealand rank for real effective exchange rate?
New Zealand ranks 46th out of 107 countries with data for 2018.
Is real effective exchange rate rising or falling in New Zealand?
Over the last ten years it is up 5.5%. The long-run trend across the full record is rising.
Where does this New Zealand data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Real Effective Exchange Rate. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Real Effective Exchange Rate
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
117 places, 2,839 data points, 1994–2024
Last refreshed

Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.