Real Broad Effective Exchange Rate for Saudi Arabia
RBSABIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.56
Year-over-Year Change
-2.68%
Date Range
1/1/1994 - 6/1/2025
Summary
The Real Broad Effective Exchange Rate for Saudi Arabia measures the value of the Saudi riyal relative to a basket of major trading partner currencies, adjusted for inflation. It is a key indicator of Saudi Arabia'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 (REER) tracks the purchasing power of a country's currency against its major trading partners. It provides insight into the nation's trade balance and economic performance by accounting for both exchange rate movements and relative price changes.
Methodology
The data is calculated by the Bank for International Settlements using official exchange rates and consumer price indexes.
Historical Context
Policymakers and analysts use the Saudi REER to evaluate the country's export-import dynamics and international economic positioning.
Key Facts
- The base year for the Saudi REER index is 2010 = 100.
- Saudi Arabia is one of the world's largest oil exporters.
- The REER factors in price changes across major trading partners.
FAQs
Q: What does this economic trend measure?
A: The Real Broad Effective Exchange Rate for Saudi Arabia tracks the international purchasing power of the Saudi riyal, accounting for both exchange rate movements and relative inflation rates across major trading partners.
Q: Why is this trend relevant for users or analysts?
A: The Saudi REER provides insight into the country's trade competitiveness and economic performance, which is crucial for policymakers, investors, and analysts evaluating Saudi Arabia's trade dynamics and international economic positioning.
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 use the Saudi REER to evaluate the country's export-import dynamics and international economic positioning, informing trade, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The Saudi REER data is published monthly with a typical lag of 1-2 months.
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Financial Account (Excludes Exceptional Financing and Use of Fund Resources), Net for Saudi Arabia
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Citation
U.S. Federal Reserve, Real Broad Effective Exchange Rate for Saudi Arabia (RBSABIS), retrieved from FRED.