Real effective exchange rate (index; broad definition; 64 economies) - Iceland - BIS - Monthly
This series is part of the dataset: Real effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In Iceland, the real effective exchange rate (relative to a basket of 64 trading partners' currencies) was 124.48 (index) in October 2025, compared to 123.78 in September. This represents an increase of 0.57 percent.
Sample. In the monthly series plotted above, there are 382 data points. The series covers the time range extending from January 1994 to October 2025.
History. Here’s a quick look at a few simple statistics calculated on the full sample: the effective exchange rate recorded a minimum of 72.19 in November 2008; it recorded a maximum of 135.48 in November 2005; it averaged 104.19.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-08-31 | 123.62 |
| 2025-09-30 | 123.78 |
| 2025-10-31 | 124.48 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Real effective exchange rate (broad definition: 64 economies) |
| Country | Iceland |
| 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.