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)

Latest updates. In Iceland, the real effective exchange rate (relative to a basket of 64 trading partners' currencies) was 129.68 (index) in September 2026, versus 127.68 in August. This constitutes an increase of 1.57 percent.

Sample. In the monthly time series presented in the graph, there are 393 data points. The period covered by the series is from January 1994 to September 2026.

History. Here's a glimpse of a few summary statistics calculated on the entire sample: the effective exchange rate reached its lowest level of 72.10 in November 2008; it hit a maximum of 135.28 in November 2005; it averaged 104.68.

Latest values | Metadata | Related series

Latest values

Date	Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies)
2026-07-31	125.990
2026-08-31	127.680
2026-09-30	129.680

Tip. 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

Series in the same data set

Discover the other time series included in this data set.

Narrow (27 economies)

Series Name	Observations	Start Date	End Date
Real effective exchange rate (index; narrow definition; 27 economies) - Australia - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Austria - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Belgium - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Canada - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Chinese Taipei - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Denmark - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Euro area - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Finland - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - France - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Germany - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Greece - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Hong Kong SAR - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Ireland - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Italy - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Japan - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Korea - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Mexico - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Netherlands - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - New Zealand - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Norway - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Portugal - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Singapore - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Spain - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Sweden - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - Switzerland - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - United Kingdom - BIS - Monthly	753	1964-01-31	2026-09-30
Real effective exchange rate (index; narrow definition; 27 economies) - United States - BIS - Monthly	753	1964-01-31	2026-09-30

Broad (64 economies)

Series Name	Observations	Start Date	End Date
Real effective exchange rate (index; broad definition; 64 economies) - Algeria - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Argentina - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Australia - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Austria - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Belgium - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Bosnia and Herzegovina - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Brazil - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Bulgaria - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Canada - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Chile - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - China - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Chinese Taipei - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Colombia - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Croatia - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Cyprus - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Czechia - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Denmark - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Estonia - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Euro area - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Finland - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - France - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Germany - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Greece - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Hong Kong SAR - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Hungary - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Iceland - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - India - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Indonesia - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Ireland - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Israel - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Italy - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Japan - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Korea - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Latvia - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Lithuania - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Luxembourg - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Malaysia - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Malta - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Mexico - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Morocco - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Netherlands - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - New Zealand - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - North Macedonia - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Norway - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Peru - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Philippines - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Poland - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Portugal - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Romania - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Russia - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Saudi Arabia - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Serbia - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Singapore - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Slovak Republic - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Slovenia - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - South Africa - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Spain - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Sweden - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Switzerland - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Thailand - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - Turkey - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - United Arab Emirates - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - United Kingdom - BIS - Monthly	393	1994-01-31	2026-09-30
Real effective exchange rate (index; broad definition; 64 economies) - United States - BIS - Monthly	393	1994-01-31	2026-09-30