Real Effective Exchange Rates
Source data: BIS

The BIS calculates effective exchange rate (EER) indices for a total of 52 economies (including individual euro area countries and, separately, the euro area as an entity). Nominal EERs are calculated as geometric weighted averages of bilateral exchange rates. Real EERs are the same weighted averages of bilateral exchange rates adjusted by relative consumer prices. The charts below are indexed at a 100 for the year 2000.