How to read it
The index measures the inflation-adjusted, trade-weighted renminbi. The distance measure compares the index with its ten-year median.
Benchmark · monthly · index
Chinese renminbi real effective exchange rate
Is the renminbi expensive or cheap in real trade-weighted terms?
Chinese renminbi real effective exchange rate tracks BIS broad real effective exchange-rate index and ten-year median. It uses monthly data.
Chinese renminbi real effective exchange rate tracks BIS broad real effective exchange-rate index and ten-year median. It uses monthly data.
- Real effective renminbi
- 92.24index
- Three-month change
- +1.50 index
- from 90.74
- One-year change
- +6.05 index
- from 86.19
- Ten-year percentile
- 66th
- of 390 readings · since 1994-01-31
- Distance from median
- -5.61index
Chinese renminbi real effective exchange rate
Real effective renminbi
| Series | First | Latest | Min | Max |
|---|---|---|---|---|
| Real effective renminbi | 52.99 | 92.24 | 52.99 | 107.30 |
How this is calculated
BIS broad real effective exchange-rate index and ten-year medianPIER20 calculates this benchmark from official observations from the Bank for International Settlements (BIS). The formula is BIS broad real effective exchange-rate index and ten-year median. The source table lists each selector and source link.
The latest data is from June 2026. The Real effective renminbi reading is 92.24 index. The Ten-year median reading is 97.85 index. The Distance from median reading is -5.61 index. The Real effective renminbi line is up 7.0% over the past year. It is above its long-run median of 81.16 index.
How to read it
How this benchmark is used
Why traders watch it
Currency traders use this benchmark to compare the real renminbi with its recent range.
Frequently asked questions
4 answersWhat is the latest reading for Chinese renminbi real effective exchange rate?
The latest data is from June 2026. The Real effective renminbi reading is 92.24 index. The Ten-year median reading is 97.85 index. The Distance from median reading is -5.61 index. The Real effective renminbi line is up 7.0% over the past year. It is above its long-run median of 81.16 index.
How often does this benchmark update?
The source publishes monthly data. PIER20 updates the page after each new observation. The chart shows the data date and fetch date.
What data sources does this chart use?
The Bank for International Settlements (BIS) publishes the data. The methodology section lists each source series.
Where does the data come from?
The Bank for International Settlements (BIS) publishes the source data. The source table lists each series and its exact link.