Real effective exchange rate (index; narrow definition; 27 economies) - Korea - BIS - Monthly
This series is part of the dataset: Real effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In Korea, the real effective exchange rate (relative to a basket of 27 trading partners' currencies) stood at 86.92 (index) in August 2025, compared to 87.54 in July 2025. This marks a reduction of 0.71 percent.
Sample. In this monthly time series, there are 740 records. The time range covered by the series extends from January 1964 to August 2025.
History. Here’s a quick look at a few descriptive statistics computed on the entire sample: the effective exchange rate reached its maximum of 231.23 in April 1964; it reached a minimum of 60.60 in January 1998; it had a mean of 107.49.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-06-30 | 88.4 |
| 2025-07-31 | 87.54 |
| 2025-08-31 | 86.92 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Real effective exchange rate (narrow definition: 27 economies) |
| Country | Korea |
| 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.