Real effective exchange rate (index; broad definition; 64 economies) - North Macedonia - BIS - Monthly
This series is part of the dataset: Real effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In North Macedonia, the real effective exchange rate (relative to a basket of 64 trading partners' currencies) stood at 114.81 (index) in December 2025, compared to 114.46 in November 2025. This represents a rise of 0.31 percent.
Sample. In the monthly series presented in the plot, there are 384 observations overall. The series covers the time period stretching from January 1994 to December 2025.
History. Here’s a quick look at a few descriptive statistics we calculated on the whole sample: the effective exchange rate had a mean of 103.35; it reached its minimum of 88.67 in October 2000; it recorded its maximum of 134.81 in April 1995.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-10-31 | 113.08 |
| 2025-11-30 | 114.46 |
| 2025-12-31 | 114.81 |
Nugget of wisdom. For easier exploration, we group indicators into data sets and worksheets. Scrolling downwards, you will discover how we arranged further material related to the statistics found here.
Not for investment purposes. Time series and other data provided on this web site are not meant for investment purposes or any other financial decision. Users should seek expert advice and perform independent analysis before taking any financial risk.
Series Metadata
| Field | Value |
|---|---|
| Description | Real effective exchange rate (broad definition: 64 economies) |
| Country | North Macedonia |
| 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.