Real Effective Exchange Rate


“Nominal effective exchange rate is the weighted average value of the Turkish lira relative to the basket of the countries’ currencies that have a significant share in Türkiye's foreign trade. 
Weights are determined using bilateral trade flows. As for real effective exchange rate, it is obtained by purifying relative price effects in nominal effective exchange rate.

Data are available as time series in EVDS. Click here for access.


Data - June 2024


Revision Policy

Methodological Changes

Future Revisions