Thailand Real Effective Exchange Rate

1994 - 2021 | Monthly | 2005=100 | CEIC Data

Key information about Thailand`s Real Effective Exchange Rate

  • Thailand Real Effective Exchange Rate (REER: 2005=100: Month Avg: Thailand) was 118.9 in Sep 2021, compared with the number of 116.9 in the previous month.
  • Thailand Real Effective Exchange Rate data is updated monthly and averaged 137.9 from Jan 1994 to Sep 2021.
  • The data reached an all-time high of 137.9 in Jun 1997 and a record low of 78.1 in Jan 1998.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. The Bank of Thailand provides Real Effective Exchange Rate Index with base 2012=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.


Related information about Thailand`s Real Effective Exchange Rate
  • In the latest reports, Thailand Short Term Interest Rate: Month End: BIBOR 3 Months was reported at 0.6 % pa in Apr 2021.
  • The cash rate (Policy Rate: Month End) was set at 0.5 % pa in Jul 2021.
  • Thailand Exchange Rate against USD averaged 30.8 (THB/USD) in Mar 2021.

View Thailand's Real Effective Exchange Rate from Jan 1994 to Sep 2021 in the chart:

Thailand Real Effective Exchange Rate

What was Thailand's Real Effective Exchange Rate in Sep 2021?

Thailand Real Effective Exchange Rate (REER: 2005=100: Month Avg: Thailand) was 118.9 in Sep 2021, compared with the number of 116.9 in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
118.9 Sep 2021 116.9 Aug 2021 78.1 Jan 1998 137.9 Jun 1997 2005=100 monthly Jan 1994 - Sep 2021

Real Effective Exchange Rate by Country Comparison

Buy Selected Data

Includes Real Effective Exchange Rate on 92 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Algeria (2005=100) 87.2 Oct 2021 monthly Jan 1994 - Oct 2021
Argentina (2005=100) 66.0 Oct 2021 monthly Jan 1997 - Oct 2021
Armenia (2005=100) 138.1 Sep 2021 monthly Jan 1997 - Sep 2021
Australia (2005=100) 100.6 Oct 2021 monthly Jan 1994 - Oct 2021
Austria (2005=100) 101.2 Oct 2021 monthly Jan 1993 - Oct 2021
Azerbaijan (2005=100) 128.4 Sep 2021 monthly Jan 2005 - Sep 2021
Bahrain (2005=100) 94.6 Sep 2021 monthly Jan 1980 - Sep 2021
Bangladesh (2015-2016=100) 107.6 2020 yearly 2011 - 2020
Belarus (2005=100) 101.0 Dec 2014 monthly Jan 1996 - Dec 2014
Belgium (2005=100) 100.4 Oct 2021 monthly Jan 1993 - Oct 2021
Bolivia (2005=100) 53.2 Oct 2021 monthly Jan 1991 - Oct 2021
Bosnia and Herzegovina (2005=100) 93.9 Sep 2021 monthly Jan 2005 - Sep 2021
Botswana (Sep2016=100) 100.7 Feb 2019 monthly Dec 2006 - Feb 2019
Brazil (2005=100) 78.2 Sep 2021 monthly Jan 1988 - Sep 2021
Bulgaria (2005=100) 120.9 Oct 2021 monthly Jan 1993 - Oct 2021
Canada (2005=100) 94.0 Sep 2021 monthly Jan 1999 - Sep 2021
Chile (2005=100) 111.6 Sep 2021 monthly Jan 1986 - Sep 2021
China (2005=100) 153.9 Oct 2021 monthly Jan 1994 - Oct 2021
Colombia (2005=100) 123.5 Oct 2021 monthly Jan 1990 - Oct 2021
Croatia (2005=100) 103.8 Sep 2021 monthly Jan 1996 - Sep 2021
Cyprus (2005=100) 91.1 Oct 2021 monthly Jan 1993 - Oct 2021
Czech Republic (2005=100) 126.4 Oct 2021 monthly Jan 1995 - Oct 2021
Denmark (2005=100) 99.9 Aug 2021 monthly Jan 1970 - Aug 2021
Ecuador (2007=100) 110.3 Nov 2017 monthly Jan 2011 - Nov 2017
Estonia (2005=100) 124.1 Oct 2021 monthly Jan 1993 - Oct 2021
European Union (2005=100) 90.3 Oct 2021 monthly Jan 1993 - Oct 2021
Finland (2005=100) 94.7 Oct 2021 monthly Jan 1993 - Oct 2021
France (2005=100) 92.0 Oct 2021 monthly Jan 1993 - Oct 2021
Georgia (2005=100) 112.3 Sep 2021 monthly Dec 1995 - Sep 2021
Germany (2005=100) 93.5 Oct 2021 monthly Jan 1993 - Oct 2021
Ghana (2005=100) 61.7 Apr 2021 monthly Dec 1979 - Apr 2021
Greece (2005=100) 91.6 Oct 2021 monthly Jan 1993 - Oct 2021
Hong Kong SAR, China (2005=100) 105.5 Oct 2021 monthly Jan 1994 - Oct 2021
Hungary (2005=100) 106.6 Sep 2021 monthly Jan 1990 - Sep 2021
Iceland (2005=100) 82.0 Oct 2021 monthly Jan 1979 - Oct 2021
India (2005=100) 115.9 Oct 2021 monthly Apr 2004 - Oct 2021
Indonesia (2005=100) 113.0 Oct 2021 monthly Jan 1994 - Oct 2021
Iran (2005=100) 331.5 Sep 2021 monthly Jan 1979 - Sep 2021
Ireland (2005=100) 84.5 Oct 2021 monthly Jan 1993 - Oct 2021
Israel (2005=100) 133.0 Oct 2021 monthly Jan 1994 - Oct 2021
Italy (2005=100) 92.0 Oct 2021 monthly Jan 1993 - Oct 2021
Ivory Coast (2005=100) 99.4 Sep 2021 monthly Dec 1979 - Sep 2021
Japan (2005=100) 69.0 Oct 2021 monthly Jan 1970 - Oct 2021
Kazakhstan (2005=100) 85.3 Sep 2021 monthly Jan 1995 - Sep 2021
Kenya (2005=100) 73.5 Aug 2015 monthly Oct 1997 - Aug 2015
South Korea (2005=100) 84.8 Oct 2021 monthly Jan 1994 - Oct 2021
Kosovo (Jan2007=100) 109.1 Apr 2021 monthly Dec 2006 - Apr 2021
Kyrgyzstan (2005=100) 120.6 Sep 2021 monthly Jan 2000 - Sep 2021
Latvia (2005=100) 119.8 Oct 2021 monthly Jan 1993 - Oct 2021
Lithuania (2005=100) 119.8 Oct 2021 monthly Jan 1993 - Oct 2021
Luxembourg (2005=100) 100.7 Oct 2021 monthly Jan 1993 - Oct 2021
North Macedonia (2005=100) 97.3 Sep 2021 monthly Jan 1993 - Sep 2021
Malawi (2010=100) 89.4 Apr 2021 monthly Dec 1979 - Apr 2021
Malaysia (2005=100) 90.0 Oct 2021 monthly Jan 1994 - Oct 2021
Malta (2005=100) 96.8 Oct 2021 monthly Jan 1993 - Oct 2021
Mexico (2005=100) 119.7 Sep 2021 monthly Jan 1968 - Sep 2021
Moldova (2005=100) 159.6 Sep 2021 monthly Nov 1993 - Sep 2021
Mongolia (2005=100) 107.4 Sep 2021 monthly Jan 2000 - Sep 2021
Morocco (2005=100) 96.9 Sep 2021 monthly Jan 1988 - Sep 2021
Netherlands (2005=100) 93.4 Oct 2021 monthly Jan 1993 - Oct 2021
New Zealand (2005=100) 99.3 Sep 2021 monthly Jan 1984 - Sep 2021
Nigeria (2005=100) 126.0 Sep 2021 monthly Dec 1979 - Sep 2021
Norway (2005=100) 86.1 Oct 2021 monthly Jan 1994 - Oct 2021
Pakistan (2010=100) 102.3 May 2021 monthly Jan 2013 - May 2021
Paraguay (2005=100) 72.3 Sep 2021 monthly Jan 1995 - Sep 2021
Peru (2005=100) 111.8 Oct 2021 monthly Jan 1991 - Oct 2021
Philippines (2005=100) 137.5 Oct 2021 monthly Jan 1993 - Oct 2021
Poland (2005=100) 93.6 Oct 2021 monthly Jan 1994 - Oct 2021
Portugal (2005=100) 91.9 Oct 2021 monthly Jan 1993 - Oct 2021
Romania (2005=100) 102.4 Oct 2021 monthly Jan 1994 - Oct 2021
Russia (2005=100) 99.8 Oct 2021 monthly Jan 1994 - Oct 2021
Saudi Arabia (2005=100) 120.8 Oct 2021 monthly Jan 1994 - Oct 2021
Serbia (2005=100) 127.5 Apr 2021 monthly Jan 2002 - Apr 2021
Singapore (2005=100) 116.6 Oct 2021 monthly Jan 1994 - Oct 2021
Slovakia (2005=100) 129.1 Oct 2021 monthly Jan 1993 - Oct 2021
Slovenia (2005=100) 99.1 Oct 2021 monthly Jan 1993 - Oct 2021
South Africa (2005=100) 85.5 Aug 2021 monthly Jan 1970 - Aug 2021
Spain (2005=100) 98.2 Oct 2021 monthly Jan 1993 - Oct 2021
Sri Lanka (2017=100) 83.6 Apr 2021 monthly Jan 2013 - Apr 2021
Sweden (2005=100) 84.7 Oct 2021 monthly Jan 1994 - Oct 2021
Switzerland (2005=100) 110.7 Oct 2021 monthly Jan 1973 - Oct 2021
Taiwan (2005=100) 96.3 Oct 2021 monthly Jan 1994 - Oct 2021
Thailand (2005=100) 118.9 Sep 2021 monthly Jan 1994 - Sep 2021
Tunisia (2005=100) 76.9 Sep 2021 monthly Jan 1979 - Sep 2021
Turkey (2005=100) 53.6 Oct 2021 monthly Jan 1994 - Oct 2021
Ukraine (2005=100) 96.4 Sep 2021 monthly Dec 1992 - Sep 2021
United Arab Emirates (2005=100) 115.6 Oct 2021 monthly Jan 1994 - Oct 2021
United Kingdom (2005=100) 83.0 Oct 2021 monthly Jan 1994 - Oct 2021
United States (Jan2006=100) 104.1 May 2021 monthly Jan 2006 - May 2021
Uruguay (2005=100) 57.4 Sep 2021 monthly Jan 2000 - Sep 2021
Venezuela (2005=100) 0.8 Feb 2019 monthly Jan 1994 - Feb 2019
Zambia (2005=100) 164.2 Jan 2021 monthly Jan 2013 - Jan 2021

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Thailand Key Series

Buy Selected Data

Includes 304 key indicators for Thailand, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 1.0 Dec 2020 quarterly Sep 2002 - Dec 2020
Consolidated Fiscal Balance (USD mn) -5,353.185 Mar 2021 monthly Oct 2001 - Mar 2021
Tax Revenue (USD mn) 67,496.915 2020 yearly 1984 - 2020
Tax Revenue: % of GDP (%) 13.4 2020 yearly 1990 - 2020
National Government Debt (USD mn) 243,794.9 Sep 2021 monthly Oct 1997 - Sep 2021
Government Debt: % of GDP (%) 44.9 Dec 2020 quarterly Dec 1997 - Dec 2020
Forecast: Government Expenditure (THB bn) 4,976.160 2026 yearly 1995 - 2026
Forecast: Government Net Debt (THB bn) 12,407.260 2026 yearly 1996 - 2026
Forecast: Government Revenue (THB bn) 4,240.380 2026 yearly 1995 - 2026
Govt Revenue: Gross: Revenue Dept: Value Added Tax (THB mn) 68,616.81 Jun 2018 monthly Oct 1989 - Jun 2018
Govt Revenue: Gross: Excise Dept (THB mn) 47,541.47 Jun 2018 monthly Oct 1989 - Jun 2018
Total Public Debt as % of GDP (%) 57.980 Sep 2021 monthly Jan 2005 - Sep 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.929 2026 yearly 1980 - 2026
Trade Balance (USD mn) -370.2 Oct 2021 monthly Jan 1957 - Oct 2021
Total Exports (USD mn) 24,222.5 Mar 2021 monthly Oct 1990 - Mar 2021
Total Exports Growth (%) 24.9 Oct 2021 monthly Oct 1991 - Oct 2021
Aluminum: Exports (USD th) 906,263.336 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 473,140.446 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 158,255.608 2020 yearly 1995 - 2020
Total Imports (USD mn) 21,246.8 Apr 2021 monthly Jan 1991 - Apr 2021
Total Imports Growth (%) 43.3 Oct 2021 monthly Jan 1992 - Oct 2021
Imports: Medicament (USD th) 1,827,086.391 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 993,571.482 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 2,972.109 Dec 2020 monthly Jan 1971 - Dec 2020
Total Imports from USA (USD mn) 1,381.095 Mar 2021 monthly Jan 1971 - Mar 2021
Total Exports to China (USD mn) 3,251.772 Apr 2021 monthly Sep 1978 - Apr 2021
Total Imports from China (USD mn) 5,411.602 Apr 2021 monthly Apr 1974 - Apr 2021
MoC: Imports: Custom Basis (THB mn) 772,539.960 Oct 2021 monthly Jan 1991 - Oct 2021
MoC: Exports: Custom Basis (THB mn) 750,015.834 Oct 2021 monthly Oct 1990 - Oct 2021
MoC: Trade Balance: Custom Basis (THB mn) -22,524.126 Oct 2021 monthly Jan 1991 - Oct 2021
Exports: Agriculture: Rice (THB mn) 12,187.670 Oct 2021 monthly Jan 1995 - Oct 2021
Exports: Mfg: Machinery & Equipment (THB mn) 67,252.320 Sep 2021 monthly Jan 1995 - Sep 2021
Exports: Mfg: Automotive (THB mn) 106,636.820 Sep 2021 monthly Jan 1995 - Sep 2021
Exports: Mfg: Electronics: Computer Parts (THB mn) 54,217.900 Sep 2021 monthly Jan 1995 - Sep 2021
Exports: Agriculture: Rubber (THB mn) 15,137.950 Sep 2021 monthly Jan 1995 - Sep 2021
Imports: Consumer Goods: ND: Animal and Fishery (THB mn) 10,983.930 Oct 2021 monthly Jan 1995 - Oct 2021
Imports: RM: Non-Agro: Base Metal Materials (THB mn) 79,583.400 Oct 2021 monthly Jan 1995 - Oct 2021
Imports: RM: Non-Agro: Electronic Parts (THB mn) 108,819.570 Oct 2021 monthly Jan 1995 - Oct 2021
Imports: Others: Non-Monetary Gold (THB mn) 13,464.670 Oct 2021 monthly Jan 1995 - Oct 2021
Imports: Capital Goods: Machinery and Equipment (ME) (THB mn) 142,375.910 Oct 2021 monthly Jan 1995 - Oct 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,848.7 Jun 2021 quarterly Mar 2005 - Jun 2021
Current Account Balance (USD mn) -1,345.6 Sep 2021 monthly Jan 1985 - Sep 2021
Current Account Balance: % of GDP (%) -3.6 Sep 2021 quarterly Mar 1993 - Sep 2021
Foreign Direct Investment (USD mn) -517.0 Jul 2020 monthly Jan 2005 - Jul 2020
Foreign Direct Investment: % of GDP (%) -5.3 Dec 2020 quarterly Mar 1993 - Dec 2020
Foreign Portfolio Investment (USD mn) 647.480 Jun 2021 quarterly Mar 2005 - Jun 2021
Foreign Portfolio Investment: % of GDP (%) 1.3 Dec 2020 quarterly Mar 2005 - Dec 2020
Foreign Portfolio Investment: Equity Securities (USD mn) 1,098.6 Dec 2020 quarterly Mar 1976 - Dec 2020
Foreign Portfolio Investment: Debt Securities (USD mn) 694.430 Dec 2020 quarterly Mar 1976 - Dec 2020
External Debt (USD mn) 187,783.4 Jun 2021 quarterly Mar 1999 - Jun 2021
External Debt: % of GDP (%) 36.7 Dec 2020 quarterly Mar 2005 - Dec 2020
External Debt: Short Term (USD mn) 72,161.8 Mar 2021 quarterly Mar 1999 - Mar 2021
External Debt: Short Term: % of GDP (%) 14.9 2020 yearly 1980 - 2020
Forecast: Current Account Balance (USD bn) 21.921 2026 yearly 1980 - 2026
Net International Investment Position (USD mn) 54,978.590 Dec 2020 quarterly Mar 2012 - Dec 2020
BOP: USD: Current Account Balance (USD mn) -1,345.610 Sep 2021 monthly Jan 2005 - Sep 2021
Private Investment Index (PII): Seasonally Adjusted (SA) (2010=100) 139.20 Jun 2018 monthly Jan 2010 - Jun 2018
FDI: Mining & Quarrying (THB mn) -2,576.620 Jun 2021 quarterly Mar 2005 - Jun 2021
FDI: Financial & Insurance Activities (THB mn) 3,451.530 Jun 2021 quarterly Mar 2005 - Jun 2021
Foreign Direct Investment (FDI): Agr, Forestry & Fishing (THB mn) 56.240 Jun 2021 quarterly Mar 2005 - Jun 2021
FDI: Construction (THB mn) 377.910 Jun 2021 quarterly Mar 2005 - Jun 2021
FDI: Manufacturing (THB mn) 12,117.400 Jun 2021 quarterly Mar 2005 - Jun 2021
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.0 Dec 2019 quarterly Mar 1998 - Dec 2019
Household Debt: % of GDP (%) 89.3 Dec 2020 quarterly Mar 2003 - Dec 2020
Non-Performing Loans (USD mn) 17,188.416 Mar 2021 quarterly Mar 1998 - Mar 2021
Money Supply M1 (USD mn) 81,526.538 Sep 2021 monthly Dec 1975 - Sep 2021
Money Supply M2 (USD mn) 699,066.776 Sep 2021 monthly Jan 1997 - Sep 2021
M2 Growth (%) 4.9 Sep 2021 monthly Jan 1998 - Sep 2021
Reserve Requirement Ratio (%) 1.0 Oct 2021 monthly Sep 1997 - Oct 2021
Foreign Exchange Reserves (USD mn) 234,430.1 Mar 2021 monthly Jan 1993 - Mar 2021
Foreign Exchange Reserves: Months of Import (NA) 9.7 Oct 2021 monthly Jan 1991 - Oct 2021
Gold Reserves (USD mn) 13,996.770 Oct 2021 monthly Dec 1956 - Oct 2021
Total Deposits (USD mn) 479,416.553 Sep 2021 monthly Dec 2000 - Sep 2021
Total Deposits Growth (%) 9.7 Feb 2021 monthly Dec 2001 - Feb 2021
Domestic Credit (USD mn) 701,948.2 Sep 2021 monthly Jan 2003 - Sep 2021
Domestic Credit Growth (%) 8.9 Sep 2021 monthly Jan 2004 - Sep 2021
Debt Service Ratio: Private Non-Financial Sector (%) 10.700 Mar 2021 quarterly Mar 1999 - Mar 2021
Credit to Households (USD bn) 392.649 Mar 2021 quarterly Dec 1991 - Mar 2021
Credit to Private Non-Financial Sector (USD bn) 664.828 Mar 2021 quarterly Mar 1957 - Mar 2021
Household Debt (USD mn) 445,183.7 Jun 2021 quarterly Mar 2003 - Jun 2021
Total Loans (USD mn) 538,167.269 Feb 2021 monthly Jan 2007 - Feb 2021
Total Loans Growth (%) 3.76 Apr 2021 monthly Jan 2008 - Apr 2021
Private Debt: % of Nominal GDP (%) 167.03 Dec 2020 quarterly Mar 2011 - Dec 2020
MA: Narrow Money (NM) (THB mn) 2,797,055.000 Oct 2021 monthly Jan 1997 - Oct 2021
MA: Quasi Money (THB mn) 20,914,660.000 Oct 2021 monthly Jan 1997 - Oct 2021
Monetary Aggregates (MA): Broad Money (THB mn) 23,711,715.000 Oct 2021 monthly Jan 1997 - Oct 2021
Credit: Outs: CB: Individuals (THB mn) 6,164,298.000 Sep 2021 monthly Jan 2004 - Sep 2021
Credit: Outs: CB: Businesses (THB mn) 6,699,598.000 Sep 2021 monthly Jan 2004 - Sep 2021
Deposit: Outs: CB: Individuals (THB mn) 8,504,962.000 Sep 2021 monthly Oct 2003 - Sep 2021
Deposit: Outs: CB: Businesses (THB mn) 4,770,539.000 Sep 2021 monthly Oct 2003 - Sep 2021
Business and Economic Survey Last Frequency Range
Global Competitiveness Index (Score) 68.112 2019 yearly 2017 - 2019
Business Confidence Growth (% Point) 15.0 Mar 2021 monthly Feb 2000 - Mar 2021
Leading Economic Index (LEI): BOT: Seasonally Adjusted (2000=100) 150.37 Jun 2018 monthly Jan 1993 - Jun 2018

More Indicators for Thailand

Check out our pricing options.

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

View pricing options

CEIC Flex

from $49

Entry level access to the CEIC platform for individual users. Download limits apply. Payable monthly by credit card.

View this option

CEIC Unlimited

Request a Demo

Full and unlimited access to CEIC data for multiple users. Suitable for enterprise usage. Available via annual subscription to one or more of CEIC’s global and premium databases.

Request a demo
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data