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) stood at 124.50 (index) in July 2025, compared to 122.86 in June. This represents a gain of 1.33 percent.
Sample. This monthly series has 379 observations. The series covers the period stretching from January 1994 to July 2025.
History. Here’s a quick look at a few summary statistics calculated on the full sample: the effective exchange rate hit a trough of 72.19 in November 2008; it recorded a maximum of 135.48 in November 2005; it had an average value of 104.04.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-05-31 | 119.55 |
| 2025-06-30 | 122.86 |
| 2025-07-31 | 124.5 |
Nugget of wisdom. To simplify exploration, we group series into worksheets and datasets. Scrolling downwards, you will discover how we arranged further material related to the statistics provided here.
Not for investment purposes. Data and analyses shared on this web site are not not supposed to be used for investment purposes or other financial decisions. Users should consult expert advice and do their own independent due diligence before taking any financial risk.
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 |