Real Broad Effective Exchange Rate for Austria
RBATBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.89
Year-over-Year Change
2.10%
Date Range
1/1/1994 - 6/1/2025
Summary
The Real Broad Effective Exchange Rate for Austria measures the strength of the Austrian euro relative to a basket of major trading partners, adjusted for inflation. This metric is critical for assessing Austria's international competitiveness and trade dynamics.
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 Austria is an index that tracks the purchasing power of the Austrian euro against the currencies of Austria's key trade partners. It accounts for changes in both nominal exchange rates and relative prices, providing a comprehensive measure of Austria's real trade-weighted exchange rate.
Methodology
The data is calculated by the Federal Reserve based on exchange rate and price index information.
Historical Context
Policymakers and analysts use this exchange rate metric to evaluate Austria's trade position and international competitiveness.
Key Facts
- The base year for the index is 2010 = 100.
- Austria is a major exporter within the Eurozone.
- Exchange rate movements impact Austria's trade balance.
FAQs
Q: What does this economic trend measure?
A: The Real Broad Effective Exchange Rate for Austria measures the purchasing power of the Austrian euro relative to the currencies of its major trading partners, accounting for both exchange rate and price changes.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for assessing Austria's international competitiveness and trade dynamics, as changes in the real exchange rate can significantly impact the country's exports and imports.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on exchange rate and price index information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this exchange rate metric to evaluate Austria's trade position and international competitiveness, which can inform decisions on trade, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: There may be a short delay in the availability of the latest data, as the Federal Reserve collects and processes the underlying exchange rate and price information.
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Citation
U.S. Federal Reserve, Real Broad Effective Exchange Rate for Austria (RBATBIS), retrieved from FRED.