Real effective exchange rate index in New Zealand
New Zealand: Real effective exchange rate index was 100.51 2010 = 100 in 2025. ▲ Rising
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 100.51 2010 = 100.
That represents a change of down 4.6% on the previous year and down 3.6% over ten years.
Over the whole period, real effective exchange rate index in New Zealand peaked at 113.27 2010 = 100 in 2014 and was at its lowest, 69.33 2010 = 100, in 2001.
That places New Zealand 57th 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 in New Zealand, year by year
| Year | 2010 = 100 | Change |
|---|---|---|
| 1979 | 82.3 2010 = 100 | — |
| 1980 | 81.52 2010 = 100 | -0.9% |
| 1981 | 84.51 2010 = 100 | +3.7% |
| 1982 | 87.18 2010 = 100 | +3.2% |
| 1983 | 83.79 2010 = 100 | -3.9% |
| 1984 | 78.32 2010 = 100 | -6.5% |
| 1985 | 77.2 2010 = 100 | -1.4% |
| 1986 | 75.98 2010 = 100 | -1.6% |
| 1987 | 87.81 2010 = 100 | +15.6% |
| 1988 | 96.08 2010 = 100 | +9.4% |
| 1989 | 92.91 2010 = 100 | -3.3% |
| 1990 | 89.95 2010 = 100 | -3.2% |
| 1991 | 85.36 2010 = 100 | -5.1% |
| 1992 | 75.36 2010 = 100 | -11.7% |
| 1993 | 77.42 2010 = 100 | +2.7% |
| 1994 | 83.09 2010 = 100 | +7.3% |
| 1995 | 87.69 2010 = 100 | +5.5% |
| 1996 | 95.01 2010 = 100 | +8.3% |
| 1997 | 96.91 2010 = 100 | +2.0% |
| 1998 | 82.67 2010 = 100 | -14.7% |
| 1999 | 79.27 2010 = 100 | -4.1% |
| 2000 | 71.34 2010 = 100 | -10.0% |
| 2001 | 69.33 2010 = 100 | -2.8% |
| 2002 | 76.6 2010 = 100 | +10.5% |
| 2003 | 89.21 2010 = 100 | +16.4% |
| 2004 | 96.91 2010 = 100 | +8.6% |
| 2005 | 102.94 2010 = 100 | +6.2% |
| 2006 | 95.32 2010 = 100 | -7.4% |
| 2007 | 103.2 2010 = 100 | +8.3% |
| 2008 | 95.47 2010 = 100 | -7.5% |
| 2009 | 88.92 2010 = 100 | -6.9% |
| 2010 | 100 2010 = 100 | +12.5% |
| 2011 | 105.5 2010 = 100 | +5.5% |
| 2012 | 109.53 2010 = 100 | +3.8% |
| 2013 | 111.1 2010 = 100 | +1.4% |
| 2014 | 113.27 2010 = 100 | +2.0% |
| 2015 | 104.22 2010 = 100 | -8.0% |
| 2016 | 105.38 2010 = 100 | +1.1% |
| 2017 | 107.49 2010 = 100 | +2.0% |
| 2018 | 102.33 2010 = 100 | -4.8% |
| 2019 | 100.12 2010 = 100 | -2.2% |
| 2020 | 99.2 2010 = 100 | -0.9% |
| 2021 | 106.67 2010 = 100 | +7.5% |
| 2022 | 104.61 2010 = 100 | -1.9% |
| 2023 | 104.63 2010 = 100 | +0.0% |
| 2024 | 105.39 2010 = 100 | +0.7% |
| 2025 | 100.51 2010 = 100 | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 82.3 2010 = 100 | 82.3 2010 = 100 | 82.3 2010 = 100 | 1 |
| 1980s | 84.53 2010 = 100 | 75.98 2010 = 100 | 96.08 2010 = 100 | 10 |
| 1990s | 85.27 2010 = 100 | 75.36 2010 = 100 | 96.91 2010 = 100 | 10 |
| 2000s | 88.92 2010 = 100 | 69.33 2010 = 100 | 103.2 2010 = 100 | 10 |
| 2010s | 105.89 2010 = 100 | 100 2010 = 100 | 113.27 2010 = 100 | 10 |
| 2020s | 103.5 2010 = 100 | 99.2 2010 = 100 | 106.67 2010 = 100 | 6 |
Countries ranked near New Zealand
- 54 Bahrain 101.19 2010 = 100 compare
- 55 Côte d'Ivoire 100.96 2010 = 100 compare
- 56 Nicaragua 100.72 2010 = 100 compare
- 58 Saint Lucia 99.97 2010 = 100 compare
- 59 Croatia 99.94 2010 = 100 compare
- 60 Luxembourg 99.48 2010 = 100 compare
More financial sector data for New Zealand
- Net domestic credit (current LCU), per capita 120,241 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 2.42 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 4.19 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 18.09 billion SDR (2025)
- Reserves excluding gold 20.56 billion SDR (2025)
- Total reserves (gold at market value) 20.56 billion SDR (2025)
- Total reserves (gold at national valuation) 20.56 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 3,861 SDR per person (2025)
Frequently asked questions
- What is real effective exchange rate index in New Zealand?
- Real effective exchange rate index in New Zealand was 100.51 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 113.27 2010 = 100 in 2014.
- What is the lowest real effective exchange rate index recorded in New Zealand?
- The lowest recorded value was 69.33 2010 = 100 in 2001.
- How does New Zealand rank for real effective exchange rate index?
- New Zealand ranks 57th 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 3.6%. 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.