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 87.54 (index) in July 2025, versus 88.40 in June 2025. This marks a reduction of 0.97 percent.
Sample. There are 739 observations in the monthly time series shown in the graph above. The time range covered by the series is from January 1964 to July 2025.
History. Here are some descriptive statistics calculated on the whole sample: the effective exchange rate had a mean of 107.52; it reached a maximum of 231.23 in April 1964; it recorded a bottom of 60.60 in January 1998.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-05-31 | 87.82 |
| 2025-06-30 | 88.4 |
| 2025-07-31 | 87.54 |
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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 |