Real Broad Effective Exchange Rate for Portugal
RBPTBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.59
Year-over-Year Change
0.97%
Date Range
1/1/1994 - 6/1/2025
Summary
The Real Broad Effective Exchange Rate for Portugal measures the value of the Portuguese escudo or euro relative to a basket of foreign currencies, adjusted for inflation. This important economic indicator tracks Portugal'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 Real Broad Effective Exchange Rate for Portugal is an index that reflects the strength of the Portuguese currency relative to a weighted average of other major currencies. It accounts for price-level differences between Portugal and its trading partners, providing insight into the country's trade balance and export competitiveness.
Methodology
The data is calculated by the Bank for International Settlements using exchange rates and inflation data.
Historical Context
Policymakers and analysts monitor this trend to assess Portugal's economic performance and guide trade, monetary, and fiscal policies.
Key Facts
- The base year for the index is 2010 = 100.
- A higher index value indicates a stronger Portuguese currency.
- The rate is calculated as a geometric weighted average of bilateral exchange rates.
FAQs
Q: What does this economic trend measure?
A: The Real Broad Effective Exchange Rate for Portugal measures the purchasing power and international competitiveness of the Portuguese currency.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Portugal's trade balance, export performance, and overall economic health, making it a key metric for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the Bank for International Settlements using exchange rates and inflation data for Portugal and its major trading partners.
Q: How is this trend used in economic policy?
A: Policymakers and central banks monitor the Real Effective Exchange Rate to assess a country's trade competitiveness and guide decisions on monetary, fiscal, and trade policies.
Q: Are there update delays or limitations?
A: The Real Effective Exchange Rate data is published monthly with a lag of approximately one month.
Related Trends
Harmonized Index of Consumer Prices: Restaurants and Hotels for Portugal
CP1100PTM086NEST
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 25 to 54 Years for Portugal
LFIN25FEPTQ647N
National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Portugal
NAEXKP06PTA661S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Portugal
PRTCPGRHO02GYM
Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for Portugal
PRTB6BLTT02STSAQ
Harmonized Index of Consumer Prices: Insurance for Portugal
CP1250PTM086NEST
Citation
U.S. Federal Reserve, Real Broad Effective Exchange Rate for Portugal (RBPTBIS), retrieved from FRED.