Broad Effective Exchange Rate for Germany
NBDEBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.13
Year-over-Year Change
2.16%
Date Range
1/1/1994 - 6/1/2025
Summary
The Broad Effective Exchange Rate for Germany measures the strength of the German currency relative to a trade-weighted basket of other currencies. This metric is closely watched by economists and policymakers to assess Germany'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 Broad Effective Exchange Rate for Germany is an index that tracks the value of the euro against a group of trading partner currencies, weighted by the importance of trade. It provides a comprehensive assessment of Germany's overall exchange rate position compared to its major economic partners.
Methodology
The data is calculated by the Bank for International Settlements using trade flows and exchange rates.
Historical Context
The German effective exchange rate is a key indicator used by the European Central Bank and other institutions to monitor economic conditions and guide monetary policy decisions.
Key Facts
- The base year for the index is 2010 = 100.
- The index tracks Germany's trade-weighted exchange rate against 37 currencies.
- Movements in the German effective exchange rate can impact the country's export competitiveness.
FAQs
Q: What does this economic trend measure?
A: The Broad Effective Exchange Rate for Germany measures the strength of the German currency relative to a trade-weighted basket of other currencies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a comprehensive assessment of Germany's overall exchange rate position compared to its major economic partners, which is closely watched by economists and policymakers to evaluate the country's international competitiveness.
Q: How is this data collected or calculated?
A: The data is calculated by the Bank for International Settlements using trade flows and exchange rates.
Q: How is this trend used in economic policy?
A: The German effective exchange rate is a key indicator used by the European Central Bank and other institutions to monitor economic conditions and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, with a typical lag of 1-2 months.
Related Trends
Value Traded of Top 10 Traded Companies to Total Value Traded for Germany
DDAM01DEA156NWDB
Deposit Money Bank Assets to GDP for Germany
DDDI02DEA156NWDB
Consumer Price Index: Education (COICOP 10): Total for Germany
DEUCP100000GPM
National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Germany
NAEXKP06DEQ652S
International Merchandise Trade Statistics: Imports: Commodities for Germany
XTIMVA01DEA657S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Germany
CPHPTT01DEM659N
Citation
U.S. Federal Reserve, Broad Effective Exchange Rate for Germany (NBDEBIS), retrieved from FRED.