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) stood at 97.51 (index) in July 2025, versus 98.44 in June 2025. This represents a reduction of 0.94 percent.
Sample. The monthly time series shown in the plot has 379 observations in total. The series covers the time period going from January 1994 to July 2025.
History. Have a look at a few descriptive statistics we calculated on the entire sample: the effective exchange rate registered a minimum of 70.88 in December 2021; it reached its maximum of 186.65 in August 2008; it had a mean of 132.17.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-05-31 | 100.42 |
| 2025-06-30 | 98.44 |
| 2025-07-31 | 97.51 |
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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 |