Real Narrow Effective Exchange Rate for France
RNFRBIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.95
Year-over-Year Change
-0.37%
Date Range
1/1/1964 - 6/1/2025
Summary
The Real Narrow Effective Exchange Rate for France measures the strength of the French franc or euro relative to a basket of major trading partners' currencies, adjusted for inflation. It is a key indicator of France'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 Narrow Effective Exchange Rate for France tracks the purchasing power of the French currency in foreign trade. It accounts for changes in both exchange rates and relative prices, providing insights into France's trade position and overall economic performance.
Methodology
The data is calculated by the Bank for International Settlements using exchange rates and consumer price indexes.
Historical Context
Policymakers and analysts monitor this trend to assess France's trade dynamics and guide decisions on economic and monetary policy.
Key Facts
- France is one of the world's largest economies.
- The euro is the official currency of France.
- Trade is a significant component of France's GDP.
FAQs
Q: What does this economic trend measure?
A: The Real Narrow Effective Exchange Rate for France measures the purchasing power of the French franc or euro relative to a basket of major trading partners' currencies, adjusted for inflation.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into France's international trade competitiveness, which is crucial for policymakers and analysts to assess the country's economic performance and guide decisions on economic and monetary policy.
Q: How is this data collected or calculated?
A: The data is calculated by the Bank for International Settlements using exchange rates and consumer price indexes.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess France's trade dynamics and guide decisions on economic and monetary policy.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be delays in reporting due to the time required to collect and process the underlying exchange rate and price information.
Related Trends
National Accounts: National Accounts Deflators: Gross Domestic Product: GDP Deflator for France
FRAGDPDEFQISMEI
Harmonized Index of Consumer Prices: Bread and Cereals for France
CP0111FRM086NEST
Harmonized Index of Consumer Prices: Water Supply for France
CP0441FRM086NEST
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for France
FRAFCLODCHXDC
Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for France
FRACP120000GPQ
Infra-Annual Labor Statistics: Working-Age Population Female: From 25 to 54 Years for France
LFWA25FEFRA647N
Citation
U.S. Federal Reserve, Real Narrow Effective Exchange Rate for France (RNFRBIS), retrieved from FRED.