Real effective exchange rate index (2010 = 100) in New Zealand
New Zealand: Real effective exchange rate index (2010 = 100) was 102.13 2010 = 100 in 2025. ▲ Rising
Latest (2025)
102.13 2010 = 100
Change on year
down 4.1%
World rank
54th
of 95 countries
All-time high
112.96 2010 = 100
in 2014
All-time low
75.6 2010 = 100
in 2001
Years of data
47
1979–2025
Real effective exchange rate index in New Zealand, 1979–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in 2010 = 100.
Analysis
In 2025, real effective exchange rate index in New Zealand stood at 102.13 2010 = 100.
That represents a change of down 4.1% on the previous year and down 2.9% over ten years.
Over the whole period, real effective exchange rate index in New Zealand peaked at 112.96 2010 = 100 in 2014 and was at its lowest, 75.6 2010 = 100, in 2001.
That places New Zealand 54th out of 95 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 47 years of available data.
Real effective exchange rate index (2010 = 100) in New Zealand, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1979 | 85.27 2010 = 100 | — |
| 1980 | 84.52 2010 = 100 | -0.9% |
| 1981 | 85.9 2010 = 100 | +1.6% |
| 1982 | 88.42 2010 = 100 | +2.9% |
| 1983 | 85.29 2010 = 100 | -3.5% |
| 1984 | 79.15 2010 = 100 | -7.2% |
| 1985 | 80.67 2010 = 100 | +1.9% |
| 1986 | 81.57 2010 = 100 | +1.1% |
| 1987 | 94.24 2010 = 100 | +15.5% |
| 1988 | 101.12 2010 = 100 | +7.3% |
| 1989 | 96.19 2010 = 100 | -4.9% |
| 1990 | 93.59 2010 = 100 | -2.7% |
| 1991 | 89.01 2010 = 100 | -4.9% |
| 1992 | 79.79 2010 = 100 | -10.4% |
| 1993 | 82.59 2010 = 100 | +3.5% |
| 1994 | 87.98 2010 = 100 | +6.5% |
| 1995 | 93.18 2010 = 100 | +5.9% |
| 1996 | 99.25 2010 = 100 | +6.5% |
| 1997 | 101.33 2010 = 100 | +2.1% |
| 1998 | 88.64 2010 = 100 | -12.5% |
| 1999 | 84.8 2010 = 100 | -4.3% |
| 2000 | 77.02 2010 = 100 | -9.2% |
| 2001 | 75.6 2010 = 100 | -1.8% |
| 2002 | 82.55 2010 = 100 | +9.2% |
| 2003 | 93.8 2010 = 100 | +13.6% |
| 2004 | 100.25 2010 = 100 | +6.9% |
| 2005 | 105.75 2010 = 100 | +5.5% |
| 2006 | 98.08 2010 = 100 | -7.2% |
| 2007 | 104.91 2010 = 100 | +7.0% |
| 2008 | 97.49 2010 = 100 | -7.1% |
| 2009 | 91.34 2010 = 100 | -6.3% |
| 2010 | 100 2010 = 100 | +9.5% |
| 2011 | 104.19 2010 = 100 | +4.2% |
| 2012 | 107.7 2010 = 100 | +3.4% |
| 2013 | 110.03 2010 = 100 | +2.2% |
| 2014 | 112.96 2010 = 100 | +2.7% |
| 2015 | 105.13 2010 = 100 | -6.9% |
| 2016 | 106.18 2010 = 100 | +1.0% |
| 2017 | 107.93 2010 = 100 | +1.6% |
| 2018 | 103.4 2010 = 100 | -4.2% |
| 2019 | 101.72 2010 = 100 | -1.6% |
| 2020 | 100.93 2010 = 100 | -0.8% |
| 2021 | 107.69 2010 = 100 | +6.7% |
| 2022 | 105.63 2010 = 100 | -1.9% |
| 2023 | 106 2010 = 100 | +0.3% |
| 2024 | 106.54 2010 = 100 | +0.5% |
| 2025 | 102.13 2010 = 100 | -4.1% |
New Zealand compared with similar countries
- New Zealand's 102.13 2010 = 100 is above the median for high income countries, which is 101.67 2010 = 100, 1.0× the median. (48 countries reporting)
- New Zealand's 102.13 2010 = 100 is below the median for East Asia & Pacific, which is 112.49 2010 = 100, 91% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 85.27 2010 = 100 | 85.27 2010 = 100 | 85.27 2010 = 100 | 1 |
| 1980s | 87.71 2010 = 100 | 79.15 2010 = 100 | 101.12 2010 = 100 | 10 |
| 1990s | 90.02 2010 = 100 | 79.79 2010 = 100 | 101.33 2010 = 100 | 10 |
| 2000s | 92.68 2010 = 100 | 75.6 2010 = 100 | 105.75 2010 = 100 | 10 |
| 2010s | 105.93 2010 = 100 | 100 2010 = 100 | 112.96 2010 = 100 | 10 |
| 2020s | 104.82 2010 = 100 | 100.93 2010 = 100 | 107.69 2010 = 100 | 6 |
Countries ranked near New Zealand
More financial sector data for New Zealand
- Reserve position in the IMF, US dollar, annual growth rate 6.51 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 81.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.42 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 59.26 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.51 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 81.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.42 % change on previous year (2025)
Frequently asked questions
- What is real effective exchange rate index in New Zealand?
- Real effective exchange rate index in New Zealand was 102.13 2010 = 100 in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real effective exchange rate index recorded in New Zealand?
- The highest recorded value was 112.96 2010 = 100 in 2014.
- What is the lowest real effective exchange rate index recorded in New Zealand?
- The lowest recorded value was 75.6 2010 = 100 in 2001.
- How does New Zealand rank for real effective exchange rate index?
- New Zealand ranks 54th out of 95 countries with data for 2025.
- Is real effective exchange rate index rising or falling in New Zealand?
- Over the last ten years it is down 2.9%. The long-run trend across the full record is rising.
- Where does this New Zealand data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real effective exchange rate index (2010 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 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. This indicator is an index series where 2010=100.