Financial Market: Real Effective Exchange Rates: CPI Based for Finland
CCRETT01FIM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.37
Year-over-Year Change
-2.86%
Date Range
1/1/1970 - 6/1/2025
Summary
The Real Effective Exchange Rate (REER) for Finland measures the strength of the Finnish currency relative to a basket of major trading partners, adjusted for inflation. This trend is a key indicator of Finland's international competitiveness.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The REER for Finland tracks the purchasing power of the Finnish markka or euro compared to other currencies, providing insights into the country's trade and economic dynamics. Economists and policymakers use this index to assess Finland's export potential and import pressures.
Methodology
The data is calculated by the Bank for International Settlements using consumer price indexes and trade weights.
Historical Context
The REER is often referenced in discussions of Finland's monetary and fiscal policies, as well as its position within the Eurozone.
Key Facts
- The REER index has a base year of 2010 = 100.
- Finland is a member of the Eurozone and uses the euro as its currency.
- The REER is adjusted for inflation to provide a real measure of exchange rate movements.
FAQs
Q: What does this economic trend measure?
A: The Real Effective Exchange Rate (REER) for Finland measures the strength of the Finnish currency relative to a basket of major trading partners, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: The REER provides insights into Finland's international competitiveness, trade dynamics, and the potential impact of exchange rate movements on the country's economy.
Q: How is this data collected or calculated?
A: The data is calculated by the Bank for International Settlements using consumer price indexes and trade weights.
Q: How is this trend used in economic policy?
A: The REER is often referenced in discussions of Finland's monetary and fiscal policies, as well as its position within the Eurozone.
Q: Are there update delays or limitations?
A: The REER data is published regularly by the Bank for International Settlements, but there may be some delays in data availability.
Related Trends
National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for Finland
FINGDPDEFQISMEI
Ease of doing business index for Finland
ICBUSEASEXQFIN
Harmonized Index of Consumer Prices: Electrical Appliances for Personal Care; Other Appliances, Articles and Products for Personal Care for Finland
CP1212FIM086NEST
Production: Manufacturing: Total Manufacturing for Finland
PRMNTO01FIA657S
Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Finland
CCUSMA02FIA618N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Finland
CPGREN01FIA659N
Citation
U.S. Federal Reserve, Financial Market: Real Effective Exchange Rates: CPI Based for Finland (CCRETT01FIM661N), retrieved from FRED.