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. This marks a decrease of 0.71 percent.
Sample. There are 740 observations overall in the monthly time series presented in the graph above. The series covers the period stretching from January 1964 to August 2025.
History. Here's a snapshot of some statistics we computed on the full sample: the effective exchange rate averaged 107.49; it recorded a minimum of 60.60 in January 1998; it attained a maximum of 231.23 in April 1964.
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 |
Tip. An advantage of using our web site is that we give you accurate metadata. Find it below to learn more about the properties of the indicators that you use in your research.
Not for investment purposes. Data shared on this web site are not intended for investment purposes or as a basis for financial-decision making. Users should consult professional advice and perform independent analysis before pledging money to any investment.
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.