Real effective exchange rate (index; broad definition; 64 economies) - Turkey - BIS - Monthly
This series is part of the dataset: Real effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In Turkey, the real effective exchange rate (relative to a basket of 64 trading partners' currencies) was 108.41 (index) in May 2026, compared to 108.85 in April 2026. This marks a reduction of 0.40 percent.
Sample. There are 389 records in the monthly time series presented in the plot above. The series covers the time range extending from January 1994 to May 2026.
History. Check out some summary statistics calculated on the whole sample: the effective exchange rate peaked at 186.35 in August 2008; it recorded a minimum of 70.69 in December 2021; it had a mean of 131.12.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2026-03-31 | 107.47 |
| 2026-04-30 | 108.85 |
| 2026-05-31 | 108.41 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Real effective exchange rate (broad definition: 64 economies) |
| Country | Turkey |
| 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.