Real effective exchange rate (index; narrow definition; 27 economies) - Norway - BIS - Monthly
This series is part of the dataset: Real effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In Norway, the real effective exchange rate (relative to a basket of 27 trading partners' currencies) was 94.29 (index) in July 2025, compared to 95.15 in the previous month. This marks a decrease of 0.90 percent.
Sample. There are 739 records overall in the monthly series presented in the chart above. The time period covered by the series goes from January 1964 to July 2025.
History. Take a look at a few statistics computed on the full sample: the effective exchange rate peaked at 137.62 in March 1977; it registered a minimum of 91.91 in May 2023; it had a mean value of 116.34.
Latest values
Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
---|---|
2025-05-31 | 94.54 |
2025-06-30 | 95.15 |
2025-07-31 | 94.29 |
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Series Metadata
Field | Value |
---|---|
Description | Real effective exchange rate (narrow definition: 27 economies) |
Country | Norway |
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 |