Real Broad Effective Exchange Rate for Croatia
RBHRBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.73
Year-over-Year Change
1.64%
Date Range
1/1/1994 - 6/1/2025
Summary
The Real Broad Effective Exchange Rate for Croatia measures the international purchasing power of the Croatian kuna relative to a basket of foreign currencies, adjusted for inflation. This metric is important for economists and policymakers to assess Croatia'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 Croatia is an index that tracks the value of the Croatian kuna against a weighted basket of foreign currencies, with adjustments made for inflation differences between Croatia and its trading partners. It provides insight into the international purchasing power and trade-weighted competitiveness of the Croatian economy.
Methodology
The data is calculated by the Bank for International Settlements based on official exchange rates and consumer price indices.
Historical Context
This metric is closely monitored by the Croatian National Bank and other policymakers to inform monetary and exchange rate policies.
Key Facts
- Croatia adopted the euro in 2023, replacing the kuna.
- The base year for the index is 2010 = 100.
- The index covers 58 trading partners of Croatia.
FAQs
Q: What does this economic trend measure?
A: The Real Broad Effective Exchange Rate for Croatia measures the international purchasing power of the Croatian kuna relative to a basket of foreign currencies, adjusted for inflation differences.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Croatia's international competitiveness and trade dynamics, which is important for economists and policymakers to assess the country's economic performance and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the Bank for International Settlements based on official exchange rates and consumer price indices.
Q: How is this trend used in economic policy?
A: The Real Broad Effective Exchange Rate for Croatia is closely monitored by the Croatian National Bank and other policymakers to inform monetary and exchange rate policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the index may not fully capture all factors affecting Croatia's international competitiveness.
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Citation
U.S. Federal Reserve, Real Broad Effective Exchange Rate for Croatia (RBHRBIS), retrieved from FRED.