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 115.70 (index) in May 2026, compared to 114.38 in April. This marks a rise of 1.15 percent.
Sample. In this monthly time series, there are 389 observations. The time span covered by the series is from January 1994 to May 2026.
History. Here are some summary statistics we computed on the whole sample: the effective exchange rate was equal on average to 103.08; it hit a maximum of 134.06 in April 1995; it reached its minimum of 88.17 in October 2000.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2026-03-31 | 113.8 |
| 2026-04-30 | 114.38 |
| 2026-05-31 | 115.7 |
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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 |
Series in the same data set
Discover the other time series included in this data set.