Effective exchange rate indices
Updated 18 September 2016
The BIS is now releasing daily data on nominal effective exchange rates to complement the monthly data already published. These daily data start in 1996 and 1983 for the broad indices (61 economies) and narrow indices (26 economies), respectively, and will be updated on a weekly basis.
The BIS effective exchange rate (EER) indices cover 61 economies, including individual euro area countries and, separately, the euro area as an entity. The most recent weights are based on trade in the 2011-13 period, with 2010 as the indices' base year.
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 weighting pattern is time-varying (see broad and narrow weights). The EER indices are available as monthly averages. An increase in the index indicates an appreciation.
- Daily data: Broad (61 economies) and narrow (26 economies) indices (last updated 21 September 2016)
- Monthly data: Broad indices comprising 61 economies, with data from 1994 (XLSX, last updated 18 September 2016)
- Monthly data: Narrow indices comprising 26 and 27 economies for the nominal and real indices, respectively, with data from 1964 (XLSX, last updated 18 September 2016)
- Tables on effective exchange rates (from the Statistical Bulletin)
Monthly effective exchange rate data are released mid-month.
View our release calendar for advance notice of publication dates.
The following publications provide further information about the methodology behind the BIS EER indices:
- "The new BIS effective exchange rate indices", BIS Quarterly Review, March 2006.
- "Measuring international price and cost competitiveness", BIS Economic Papers, no 39, November 1993.
Browse and download data
Effective exchange rate indices can also be generated using:
- BIS Statistics Explorer - a browsing tool for BIS's most current data
- BIS Statistics Warehouse - an interactive query tool for BIS's most current data
The statistics can also be downloaded in a single CSV file.
For queries on these statistics, please write to statistics$bis.org (where "$" denotes "@").