Real Broad Effective Exchange Rate for Chinese Taipei
RBTWBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.02
Year-over-Year Change
5.39%
Date Range
1/1/1994 - 6/1/2025
Summary
The Real Broad Effective Exchange Rate for Chinese Taipei measures the strength of the Taiwanese dollar relative to a trade-weighted basket of currencies. This indicator provides insights into Taiwan'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 Real Broad Effective Exchange Rate for Chinese Taipei is an economic index that tracks the value of the Taiwanese dollar against a group of major trading partner currencies, adjusted for inflation. It is a comprehensive measure of Taiwan's exchange rate trends and can signal changes in the country's export/import dynamics and trade balance.
Methodology
The data is calculated by the Bank for International Settlements using official exchange rates and consumer price indexes.
Historical Context
Policymakers and analysts monitor this exchange rate index to assess Taiwan's macroeconomic performance and trade positioning.
Key Facts
- The base year for the index is 2010 = 100.
- Taiwan is a major exporter of electronics and other manufactured goods.
- The index tracks Taiwan's trade-weighted real exchange rate since 1994.
FAQs
Q: What does this economic trend measure?
A: The Real Broad Effective Exchange Rate for Chinese Taipei measures the inflation-adjusted, trade-weighted value of the Taiwanese dollar against a basket of currencies from Taiwan's major trading partners.
Q: Why is this trend relevant for users or analysts?
A: This exchange rate index provides insights into Taiwan's international trade competitiveness and can signal changes in the country's export/import dynamics and trade balance.
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: Policymakers and analysts monitor this exchange rate index to assess Taiwan's macroeconomic performance and trade positioning.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with some lag, and may not fully capture short-term exchange rate volatility.
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Citation
U.S. Federal Reserve, Real Broad Effective Exchange Rate for Chinese Taipei (RBTWBIS), retrieved from FRED.