Real effective exchange rate (index; narrow definition; 27 economies) - Korea - BIS - Monthly
This series is part of the dataset: Real effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In Korea, the real effective exchange rate (relative to a basket of 27 trading partners' currencies) stood at 86.92 (index) in August 2025, compared to 87.54 in July. This marks a reduction of 0.71 percent.
Sample. In the monthly time series shown in the chart, there are 740 observations overall. The time period covered by the series extends from January 1964 to August 2025.
History. Here's a glimpse of a few descriptive statistics calculated on the entire sample: the effective exchange rate had a mean value of 107.49; it achieved a maximum of 231.23 in April 1964; it recorded a minimum of 60.60 in January 1998.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-06-30 | 88.4 |
| 2025-07-31 | 87.54 |
| 2025-08-31 | 86.92 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Real effective exchange rate (narrow definition: 27 economies) |
| Country | Korea |
| 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 |