Real effective exchange rate (index; broad definition; 64 economies) - Turkey - BIS - Monthly
This series is part of the dataset: Real effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In Turkey, the real effective exchange rate (relative to a basket of 64 trading partners' currencies) stood at 98.28 (index) in August 2025, compared to 97.51 in July 2025. This marks an increase of 0.79 percent.
Sample. There are 380 observations overall in the monthly time series displayed in the figure above. The series covers the time period extending from January 1994 to August 2025.
History. Check out some descriptive statistics calculated on the full sample: the effective exchange rate had an average value of 132.08; it reached its lowest level of 70.88 in December 2021; it attained a maximum of 186.65 in August 2008.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-06-30 | 98.44 |
| 2025-07-31 | 97.51 |
| 2025-08-31 | 98.28 |
Nugget of wisdom. Our metadata often contain references to the original sources of the data series we publish. You can use these references to discover more details.
Not for investment purposes. Data distributed on FetchSeries are not suitable for investment purposes or other financial decisions. Users should ask for expert advice and perform independent analysis before making any financial commitments.
Series Metadata
| Field | Value |
|---|---|
| Description | Real effective exchange rate (broad definition: 64 economies) |
| Country | Turkey |
| 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.