Real Broad Effective Exchange Rate for Czech Republic
RBCZBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.57
Year-over-Year Change
1.78%
Date Range
1/1/1994 - 6/1/2025
Summary
The Real Broad Effective Exchange Rate for the Czech Republic measures the value of the Czech koruna relative to a basket of major trading partner currencies, adjusted for inflation. It is a key indicator of the country'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 Real Broad Effective Exchange Rate tracks the inflation-adjusted, trade-weighted exchange rate of the Czech koruna against a broad basket of currencies. It provides insight into the country's export and import dynamics, as well as the general purchasing power of the currency.
Methodology
The data is calculated by the Bank for International Settlements using a trade-weighted average of exchange rates.
Historical Context
Central banks and policymakers monitor this indicator to assess the Czech Republic's economic performance and international trade position.
Key Facts
- The base year for the index is 2010 = 100.
- The index reached a high of 126.58 in 2008.
- The Czech Republic is a major exporter of machinery, vehicles, and electronics.
FAQs
Q: What does this economic trend measure?
A: The Real Broad Effective Exchange Rate for the Czech Republic measures the inflation-adjusted, trade-weighted value of the Czech koruna against a basket of major trading partner currencies.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the Czech Republic's international competitiveness and the dynamics of its export and import sectors.
Q: How is this data collected or calculated?
A: The data is calculated by the Bank for International Settlements using a trade-weighted average of exchange rates.
Q: How is this trend used in economic policy?
A: Central banks and policymakers monitor this indicator to assess the Czech Republic's economic performance and trade position, which can inform decisions on monetary and exchange rate policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
Related Trends
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LFEMTTFECZA647N
International Merchandise Trade Statistics: Trade Balance: Commodities for Czechia
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Gross Domestic Product for Czech Republic
MKTGDPCZA646NWDB
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Czechia
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Harmonized Index of Consumer Prices: Transport for Czech Republic
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Infra-Annual Labor Statistics: Labor Force Participation Rate Female: 15 Years or over for Czechia
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Citation
U.S. Federal Reserve, Real Broad Effective Exchange Rate for Czech Republic (RBCZBIS), retrieved from FRED.