Israel Real Effective Exchange Rate
Real effective exchange rate index PX.REX.REER
Israel's real effective exchange rate was 108.83 in 2026 (projected), ranked 40th globally. This represents a 7.6% increase from 2025. Data from BIS, covering 1979–2026.
Overview
Israel's real effective exchange rate stood at 108.83 in 2026, a rise of +7.67 from 2025. Based on recent trends, this figure is projected to reach 102.37 by 2027. Israel ranked 40th globally.
Israel’s real effective exchange rate (REER) stood at 108.83 in 2026, placing the country 40th globally and virtually matching Austria’s 108.82 and Latvia’s 108.88. Over the 48‑year series beginning in 1979 with a base level of 94.70, the REER has risen sharply, reaching an all‑time peak of 115.35 in 1997 before falling to a trough of 87.16 in 2006. The post‑2006 appreciation reflects a combination of strong export performance, persistent current‑account surpluses and relatively tight monetary conditions, while the 1997 high coincided with a period of rapid capital inflows and a buoyant technology sector. Compared with peers such as Brazil, whose 2026 REER of 109.71 is only slightly higher, Israel’s index suggests a modestly competitive currency stance, though still above the long‑run average. Continued fiscal consolidation, productivity gains and shifts in global risk appetite will shape whether the REER maintains its upward trajectory or moderates in the coming years.
Data & projection
| Year | Real Effective Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2029* trend | 98.99 | - | - |
| 2028* trend | 100.68 | - | - |
| 2027* trend | 102.37 | - | - |
| 2026 | 108.83 | +7.67 | #40 |
| 2025 | 101.16 | +5.96 | #24 |
| 2024 | 106.35 | +11.84 | #64 |
| 2023 | 106.02 | +2.81 | #68 |
| 2022 | 114.85 | +12.32 | #87 |
| 2021 | 114.32 | +14.32 | #91 |
| 2020 | 111.50 | +13.68 | #89 |
| 2019 | 109.13 | +14.24 | #84 |
| 2018 | 106.29 | +9.34 | #81 |
| 2017 | 108.44 | +15.77 | #83 |
| 2016 | 103.53 | +12.22 | #71 |
| 2015 | 101.83 | +10.05 | #66 |
| 2014 | 103.18 | +12.41 | #76 |
| 2013 | 102.36 | +17.15 | #72 |
| 2012 | 95.98 | +6.47 | #23 |
Detected Pattern
Analysis
Israel matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw real effective exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Israel's real effective exchange rate was 108.83 in 2026. Ranked 40th globally. This represents a 7.6% increase from the previous year.
Israel's real effective exchange rate peaked at 115.35 in 1997.
The lowest real effective exchange rate in Israel was 87.16 in 2006.
Israel ranks 40th globally in real effective exchange rate as of 2026.
The World Bank indicator code is PX.REX.REER. Data sourced from BIS.
Israel's real effective exchange rate is projected to reach 102.37 by 2027 based on trend extrapolation.
The real effective exchange rate of Israel in 2026 was 108.83. This ranks 40th in the world.
Cite this page
@misc{historysaid_israel_reer,
title = {Israel Real Effective Exchange Rate},
url = {https://historysaid.com/israel/reer/},
publisher = {HistorySaid},
year = {2026}
}