Real Broad Effective Exchange Rate for Slovakia
RBSKBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.50
Year-over-Year Change
2.73%
Date Range
1/1/1994 - 6/1/2025
Summary
The Real Broad Effective Exchange Rate for Slovakia measures the value of the Slovak koruna relative to a basket of trading partners' currencies, adjusted for inflation. This metric is important for evaluating Slovakia's international trade competitiveness and macroeconomic policies.
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 (REER) for Slovakia tracks the inflation-adjusted exchange rate of the Slovak koruna against a weighted basket of major trading partners' currencies. It provides insight into the international purchasing power and trade dynamics of the Slovak economy.
Methodology
The data is calculated by the Bank for International Settlements using official exchange rates and consumer price indexes.
Historical Context
Economists and policymakers use the REER to assess a country's export/import dynamics and overall economic performance.
Key Facts
- The base year for the REER index is 2010 = 100.
- A higher REER indicates the Slovak koruna is more valuable relative to trading partners.
- The REER accounts for inflation differences between Slovakia and its trading partners.
FAQs
Q: What does this economic trend measure?
A: The Real Broad Effective Exchange Rate for Slovakia measures the inflation-adjusted value of the Slovak koruna against a weighted basket of major trading partners' currencies.
Q: Why is this trend relevant for users or analysts?
A: The REER provides insight into Slovakia's international trade competitiveness and can inform macroeconomic policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the Bank for International Settlements using official exchange rates and consumer price indexes.
Q: How is this trend used in economic policy?
A: Economists and policymakers use the REER to assess a country's export/import dynamics and overall economic performance.
Q: Are there update delays or limitations?
A: The REER data is published monthly with a typical 1-2 month delay.
Related Trends
Consumer Price Index: Education (COICOP 10): Total for Slovak Republic
SVKCP100000IXNBM
Infra-Annual Labor Statistics: Employment Female: From 25 to 54 Years for Slovak Republic
LFEM25FESKA647N
Consumer Price Index: Health (COICOP 06): Total for Slovak Republic
SVKCP060000IXNBM
Amount Outstanding of Total Debt Securities for All Issuers, All Maturities, Residence of Issuer in Slovakia
TDSAMRIAOAISK
Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Slovak Republic
LFEM74MASKA647S
Infra-Annual Labor Statistics: Employment Female: From 15 to 64 Years for Slovak Republic
LFEM64FESKA647N
Citation
U.S. Federal Reserve, Real Broad Effective Exchange Rate for Slovakia (RBSKBIS), retrieved from FRED.