Australia Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Australia's real effective exchange rate was 107.04 in 2026 (projected), ranked 36th globally. This represents a 1.0% increase from 2025. Data from BIS, covering 1964–2026.
Overview
Australia's real effective exchange rate stood at 107.04 in 2026, a rise of +1.08 from 2025. Based on recent trends, this figure is projected to reach 109.43 by 2027. Australia ranked 36th globally.
Australia's Real Effective Exchange Rate (REER) has fluctuated significantly over the past 63 years, with a notable peak of 131.70 in 1974 and a trough of 67.57 in 2001. The REER measures the country's currency value relative to its trading partners, and its fluctuations can have a substantial impact on the nation's exports and economic growth. As of 2026, Australia's REER stands at 107.04, ranking 36th globally. This value is relatively close to that of Chile, which stands at 107.16. Malaysia, at 106.47, is also a comparable peer. Notably, Australia's REER has been trending downwards since the 1970s, a period marked by significant economic and monetary policy changes. The decline in the REER has contributed to increased export competitiveness and economic growth. However, a significant appreciation in the REER, potentially driven by rising interest rates or a strengthening US dollar, could alter this trajectory and impact Australia's trade balance and economic prospects.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2029* trend | 118.07 | - | - |
| 2028* trend | 113.75 | - | - |
| 2027* trend | 109.43 | - | - |
| 2026 | 107.04 | +1.08 | #36 |
| 2025 | 101.73 | −6.79 | #31 |
| 2024 | 92.05 | −14.31 | #24 |
| 2023 | 90.37 | −16.18 | #20 |
| 2022 | 91.10 | −14.98 | #22 |
| 2021 | 90.54 | −9.46 | #25 |
| 2020 | 85.33 | −15.87 | #16 |
| 2019 | 86.03 | −19.88 | #13 |
| 2018 | 89.96 | −20.74 | #20 |
| 2017 | 93.78 | −13.39 | #27 |
| 2016 | 91.00 | −15.09 | #23 |
| 2015 | 89.82 | −26.90 | #22 |
| 2014 | 98.34 | −24.05 | #41 |
| 2013 | 103.48 | −25.50 | #77 |
| 2012 | 109.02 | −18.06 | #94 |
Detected Pattern
Analysis
Australia matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw real effective exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Australia's real effective exchange rate was 107.04 in 2026. Ranked 36th globally. This represents a 1.0% increase from the previous year.
Australia's real effective exchange rate peaked at 131.70 in 1974.
The lowest real effective exchange rate in Australia was 67.57 in 2001.
Australia ranks 36th globally in real effective exchange rate as of 2026.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Australia's real effective exchange rate is projected to reach 109.43 by 2027 based on trend extrapolation.
The real effective exchange rate of Australia in 2026 was 107.04. This ranks 36th in the world.
Cite this page
@misc{historysaid_australia_reer,
title = {Australia Real Effective Exchange Rate},
url = {https://historysaid.com/australia/reer/},
publisher = {HistorySaid},
year = {2026}
}