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, compared to 124.50 in July 2025. This represents a reduction of 0.72 percent.
Sample. There are 380 records overall in the monthly series shown in the chart above. The time span covered by the series extends from January 1994 to August 2025.
History. Take a look at a few statistics calculated on the entire sample: the effective exchange rate recorded a minimum of 72.19 in November 2008; it achieved a maximum of 135.48 in November 2005; it had a mean of 104.09.
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.