Narrow Effective Exchange Rate for Switzerland
NNCHBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.05
Year-over-Year Change
3.93%
Date Range
1/1/1964 - 6/1/2025
Summary
The Narrow Effective Exchange Rate for Switzerland measures the inflation-adjusted, trade-weighted value of the Swiss franc against a basket of major currencies. It provides insight into Switzerland'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 Narrow Effective Exchange Rate for Switzerland is an index that tracks the Swiss franc's purchasing power relative to the currencies of Switzerland's major trading partners. It is a key indicator used by economists and policymakers to assess the country's economic performance and trade position.
Methodology
The data is calculated by the Swiss National Bank based on exchange rates and inflation rates.
Historical Context
The Swiss National Bank closely monitors this exchange rate trend as part of its monetary policy to maintain price stability and support the country's export-oriented economy.
Key Facts
- The base year for the index is 2010 = 100.
- Switzerland is a major export-driven economy.
- The Swiss National Bank uses this metric to guide its policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Narrow Effective Exchange Rate for Switzerland measures the inflation-adjusted, trade-weighted value of the Swiss franc against a basket of major currencies.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Switzerland's international competitiveness and is a key indicator used by economists and policymakers to assess the country's economic performance and trade position.
Q: How is this data collected or calculated?
A: The data is calculated by the Swiss National Bank based on exchange rates and inflation rates.
Q: How is this trend used in economic policy?
A: The Swiss National Bank closely monitors this exchange rate trend as part of its monetary policy to maintain price stability and support the country's export-oriented economy.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Swiss National Bank with minimal delays.
Related Trends
Consumer Price Index: OECD Groups: Services Less Housing: Total for Switzerland
CHECPGRLH01GPM
International Trade: Imports: Value (Goods): Total for Switzerland
XTIMVA01CHQ188S
Total Credit to Non-Financial Corporations, Unadjusted for Breaks, for Switzerland
CRDQCHANUBIS
Constant GDP per capita for Switzerland
NYGDPPCAPKDCHE
Financial Market: Share Prices for Switzerland
SPASTT01CHM661N
Consumer Price Index: All Items: Total for Switzerland
CPALTT01CHA657N
Citation
U.S. Federal Reserve, Narrow Effective Exchange Rate for Switzerland (NNCHBIS), retrieved from FRED.