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 114.28 (index) in July 2025, compared to 112.71 in the previous month. This represents a rise of 1.39 percent.
Sample. In the monthly series displayed in the figure, there are a total of 379 records. The series covers the span of time stretching from January 1994 to July 2025.
History. Here's a snapshot of a few simple statistics calculated on the whole sample: the effective exchange rate had an average value of 104.10; it recorded a minimum of 89.95 in October 2000; it peaked at 139.69 in April 1995.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-05-31 | 111.65 |
| 2025-06-30 | 112.71 |
| 2025-07-31 | 114.28 |
Hint. 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 |