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) was 89.68 (index) in August 2026, compared to 85.48 in July 2026. This marks a rise of 4.91 percent.
Sample. The monthly time series plotted above has 752 observations overall. The span of time covered by the series extends from January 1964 to August 2026.
History. Here's a peek at a few descriptive statistics we calculated on the whole sample: the effective exchange rate had an average value of 107.53; it recorded a bottom of 60.77 in January 1998; it attained a maximum of 231.91 in April 1964.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2026-06-30 | 82.94 |
| 2026-07-31 | 85.48 |
| 2026-08-31 | 89.68 |
Hint. A benefit of using FetchSeries is that we publish rich metadata. Find it below to better understand the characteristics of the time series that you use in your work.
Not for investment purposes. Data published on FetchSeries are not intended for investment purposes or any other financial decision. Users should seek expert advice and do independent analysis before taking any financial risk.
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 |
Series in the same data set
Discover the other time series included in this data set.