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 123.60 (index) in August 2025, compared to 124.50 in July 2025. This constitutes a decrease of 0.72 percent.
Sample. In this monthly series, there are 380 data points overall. The time period covered by the series is from January 1994 to August 2025.
History. Here’s a quick look at some statistics computed on the entire sample: the effective exchange rate registered a minimum of 72.19 in November 2008; it reached its highest level of 135.48 in November 2005; it had an average value of 104.09.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-06-30 | 122.86 |
| 2025-07-31 | 124.5 |
| 2025-08-31 | 123.6 |
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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 |