Real effective exchange rate (index; broad definition; 64 economies) - Iceland - BIS - Monthly
This series is part of the dataset: Real effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In Iceland, the real effective exchange rate (relative to a basket of 64 trading partners' currencies) was 123.60 (index) in August 2025, versus 124.50 in the previous month. This represents a reduction of 0.72 percent.
Sample. There are 380 records in the monthly series displayed in the plot above. The series covers the time period going from January 1994 to August 2025.
History. Have a look at a few simple statistics computed on the entire sample: the effective exchange rate averaged 104.09; it hit a peak of 135.48 in November 2005; it recorded a minimum of 72.19 in November 2008.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-06-30 | 122.86 |
| 2025-07-31 | 124.5 |
| 2025-08-31 | 123.6 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Real effective exchange rate (broad definition: 64 economies) |
| Country | Iceland |
| Economic concept | Price |
| Data type | Exchange rate |
| Deflation method | Real |
| Seasonally adjusted | No |
| Rescaling | Index (2020 = 100) |
| Frequency | Monthly |
| Unit | Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
| Source | Bank for International Settlements |
| Source type | International organization |
| Data licence | Unrestricted use subject to certain conditions |
| Measure type | Geometric trade-weighted average of bilateral exchange rates, with relative adjustments for consumer prices |
Series in the same data set
Discover the other time series included in this data set.