Nominal effective exchange rate (index; broad definition; 64 economies) - Iceland - BIS - Daily
This series is part of the dataset: Nominal effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In Iceland, the nominal effective exchange rate (relative to a basket of 64 trading partners' currencies) was 113.51 (index) on 2 September 2025, compared to 113.68 on 1 September. This marks a reduction of 0.15 percent.
Sample. There are 7,669 records in the daily series presented in the plot above. The series covers the time span stretching from April 1996 to September 2025.
History. Here's a peek at some statistics we calculated on the entire sample: the NEER had an average value of 131.71; it reached a trough of 80.56 on 2 December 2008; it hit a peak of 204.63 on 2 November 2005.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-08-29 | 114.01 |
| 2025-09-01 | 113.68 |
| 2025-09-02 | 113.51 |
Hint. To simplify research, we categorize time series into data sets and worksheets. By scrolling down, you will find how we arranged further material linked to the statistics provided here.
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Series Metadata
| Field | Value |
|---|---|
| Description | Nominal effective exchange rate (broad definition: 64 economies) |
| Country | Iceland |
| Economic concept | Price |
| Data type | Exchange rate |
| Deflation method | Nominal |
| Seasonally adjusted | No |
| Rescaling | Index (2020 = 100) |
| Frequency | Daily |
| 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 nominal exchange rates |