Switzerland - Real effective exchange rate index (2010 = 100)

The value for Real effective exchange rate index (2010 = 100) in Switzerland was 105.33 as of 2021. As the graph below shows, over the past 42 years this indicator reached a maximum value of 110.50 in 2015 and a minimum value of 84.99 in 1981.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics.

See also:

Year Value
1979 93.08
1980 85.70
1981 84.99
1982 89.96
1983 91.42
1984 88.54
1985 86.88
1986 92.69
1987 96.23
1988 95.04
1989 89.69
1990 96.04
1991 95.37
1992 93.62
1993 95.67
1994 100.13
1995 106.70
1996 103.53
1997 95.34
1998 96.57
1999 94.74
2000 92.30
2001 94.68
2002 98.08
2003 98.36
2004 97.36
2005 95.48
2006 92.90
2007 89.04
2008 92.52
2009 96.09
2010 100.00
2011 109.47
2012 105.34
2013 103.60
2014 104.25
2015 110.50
2016 108.14
2017 106.00
2018 103.07
2019 104.18
2020 108.11
2021 105.33

Development Relevance: In a market-based economy, household, producer, and government choices about resource allocation are influenced by relative prices, including the real exchange rate, real wages, real interest rates, and other prices in the economy. Relative prices also largely reflect these agents' choices. Thus relative prices convey vital information about the interaction of economic agents in an economy and with the rest of the world.

Limitations and Exceptions: Because of conceptual and data limitations, changes in real effective exchange rates should be interpreted with caution.

Statistical Concept and Methodology: The real effective exchange rate is a nominal effective exchange rate index adjusted for relative movements in national price or cost indicators of the home country, selected countries, and the euro area. A nominal effective exchange rate index is the ratio (expressed on the base 2010 = 100) of an index of a currency's period-average exchange rate to a weighted geometric average of exchange rates for currencies of selected countries and the euro area. For most high-income countries weights are derived from industrial country trade in manufactured goods. Data are compiled from the nominal effective exchange rate index and a cost indicator of relative normalized unit labor costs in manufacturing. For selected other countries the nominal effective exchange rate index is based on manufactured goods and primary products trade with partner or competitor countries. For these countries the real effective exchange rate index is the nominal index adjusted for relative changes in consumer prices; an increase represents an appreciation of the local currency.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices