Real Effective Exchange Rate in New Zealand
New Zealand: Real Effective Exchange Rate was 102.87 in 2018. ▲ Rising
Real Effective Exchange Rate in New Zealand, 2000–2018
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.
Real Effective Exchange Rate in New Zealand, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 77.01 | — |
| 2001 | 75.59 | -1.8% |
| 2002 | 82.55 | +9.2% |
| 2003 | 93.8 | +13.6% |
| 2004 | 100.25 | +6.9% |
| 2005 | 105.75 | +5.5% |
| 2006 | 98.08 | -7.2% |
| 2007 | 104.92 | +7.0% |
| 2008 | 97.49 | -7.1% |
| 2009 | 91.34 | -6.3% |
| 2010 | 100 | +9.5% |
| 2011 | 104.19 | +4.2% |
| 2012 | 107.71 | +3.4% |
| 2013 | 109.98 | +2.1% |
| 2014 | 112.87 | +2.6% |
| 2015 | 104.98 | -7.0% |
| 2016 | 105.85 | +0.8% |
| 2017 | 107.38 | +1.4% |
| 2018 | 102.87 | -4.2% |
New Zealand compared with similar countries
- New Zealand's 102.87 is above the median for high income countries, which is 101.37, 1.0× the median. (50 countries reporting)
- New Zealand's 102.87 is below the median for East Asia & Pacific, which is 108.54, 95% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 92.68 | 75.59 | 105.75 | 10 |
| 2010s | 106.2 | 100 | 112.87 | 9 |
Countries ranked near New Zealand
More reference data data for New Zealand
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.4532 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 9.92 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 10.93 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0459 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 10.93 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 1.52 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 1.53 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 42.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 47.53 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.2499 (2050)
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
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.