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) was 114.56 (index) in August 2025, versus 114.28 in the previous month. This marks a gain of 0.25 percent.
Sample. There are 380 data points overall in the monthly time series shown in the figure above. The span of time covered by the series stretches from January 1994 to August 2025.
History. Take a look at a few summary statistics we calculated on the full sample: the effective exchange rate reached its lowest level of 89.95 in October 2000; it achieved a maximum of 139.69 in April 1995; it was equal on average to 104.13.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-06-30 | 112.71 |
| 2025-07-31 | 114.28 |
| 2025-08-31 | 114.56 |
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.
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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 |