Real Broad Effective Exchange Rate for Hungary
RBHUBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.48
Year-over-Year Change
1.37%
Date Range
1/1/1994 - 6/1/2025
Summary
The Real Broad Effective Exchange Rate for Hungary (RBHUBIS) measures the value of the Hungarian forint relative to a basket of major trading partner currencies, adjusted for inflation. It provides insight into Hungary's international trade 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 RBHUBIS index tracks the purchasing power of the Hungarian forint against a weighted average of currencies from Hungary's major trade partners. It is a comprehensive measure of the forint's real exchange rate, accounting for both nominal exchange rates and relative price levels.
Methodology
The data is calculated by the Bank for International Settlements using exchange rates and consumer price indexes.
Historical Context
Policymakers and analysts use the RBHUBIS to assess Hungary's export performance and overall economic competitiveness.
Key Facts
- The RBHUBIS has a base year of 2010.
- Higher RBHUBIS values indicate the forint is more globally competitive.
- RBHUBIS data is released monthly by the Bank for International Settlements.
FAQs
Q: What does this economic trend measure?
A: The RBHUBIS measures the real, trade-weighted exchange rate of the Hungarian forint against a basket of currencies from Hungary's major trading partners, adjusting for inflation.
Q: Why is this trend relevant for users or analysts?
A: The RBHUBIS provides insight into Hungary's international trade competitiveness, which is an important factor for policymakers and market analysts assessing the country's economic performance.
Q: How is this data collected or calculated?
A: The RBHUBIS data is calculated by the Bank for International Settlements using exchange rates and consumer price indexes.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the RBHUBIS to evaluate Hungary's export performance and overall economic competitiveness, which can inform trade, monetary, and other economic policies.
Q: Are there update delays or limitations?
A: The RBHUBIS data is released monthly by the Bank for International Settlements with no significant update delays.
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Citation
U.S. Federal Reserve, Real Broad Effective Exchange Rate for Hungary (RBHUBIS), retrieved from FRED.