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 124.90 (index) in May 2026, compared to 125.69 in April. This marks a reduction of 0.63 percent.
Sample. In the monthly series displayed in the figure, there are 389 observations in total. The period covered by the series goes from January 1994 to May 2026.
History. Here are a few summary statistics calculated on the full sample: the effective exchange rate reached its minimum of 72.10 in November 2008; it hit a maximum of 135.29 in November 2005; it had an average value of 104.45.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2026-03-31 | 124.5 |
| 2026-04-30 | 125.69 |
| 2026-05-31 | 124.9 |
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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.