Over the last year, the Brazilian real has declined in value according to the effective exchange index, dropping to an index value of 56.44 in September 2020. This is down from 73.12 in January 2020. Over this period, the exchange value of other major developed and developing economies have remained comparatively more stable, notwithstanding an 11 point fall in the value of Russian ruble in March 2020.
Effective exchange rate index in major developed and emerging economies from January 2018 to September 2020
Values in this statistic are monthly averages of the nominal effective exchange rate, which is calculated as the geometric weighted average of a basket of bilateral exchange rates. 52 economies are included in the basket. More information about the methodology is available here.
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BIS. (October 20, 2020). Effective exchange rate index in major developed and emerging economies from January 2018 to September 2020 [Graph]. In Statista. Retrieved May 18, 2022, from https://www.statista.com/statistics/1039306/effective-exchange-rate-index-developed-emerging-countries/
BIS. "Effective exchange rate index in major developed and emerging economies from January 2018 to September 2020." Chart. October 20, 2020. Statista. Accessed May 18, 2022. https://www.statista.com/statistics/1039306/effective-exchange-rate-index-developed-emerging-countries/
BIS. (2020). Effective exchange rate index in major developed and emerging economies from January 2018 to September 2020. Statista. Statista Inc.. Accessed: May 18, 2022. https://www.statista.com/statistics/1039306/effective-exchange-rate-index-developed-emerging-countries/
BIS. "Effective Exchange Rate Index in Major Developed and Emerging Economies from January 2018 to September 2020." Statista, Statista Inc., 20 Oct 2020, https://www.statista.com/statistics/1039306/effective-exchange-rate-index-developed-emerging-countries/
BIS, Effective exchange rate index in major developed and emerging economies from January 2018 to September 2020 Statista, https://www.statista.com/statistics/1039306/effective-exchange-rate-index-developed-emerging-countries/ (last visited May 18, 2022)
