Real effective exchange rate (index; broad definition; 64 economies) - North Macedonia - BIS - Monthly
This series is part of the dataset: Real effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In North Macedonia, the real effective exchange rate (relative to a basket of 64 trading partners' currencies) stood at 114.56 (index) in August 2025, compared to 114.28 in July 2025. This marks a rise of 0.25 percent.
Sample. In the monthly series shown in the plot, there are a total of 380 observations. The time period covered by the series extends from January 1994 to August 2025.
History. Here's a snapshot of some simple statistics we computed on the entire sample: the effective exchange rate reached its maximum of 139.69 in April 1995; it hit a minimum of 89.95 in October 2000; it had a mean value of 104.13.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-06-30 | 112.71 |
| 2025-07-31 | 114.28 |
| 2025-08-31 | 114.56 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Real effective exchange rate (broad definition: 64 economies) |
| Country | North Macedonia |
| 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.