diff --git a/CHANGELOG.md b/CHANGELOG.md
index 10d05cbd..2eb7b1e2 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -12,6 +12,7 @@ Bug fixes
 * `switch` cases with conditions that evaluate to constant `()` no longer optimize to `false` (should raise a type error during runtime).
 * Fixes concatenation of BLOB's and strings, where the BLOB's should be interpreted as UTF-8 encoded strings.
 * Capturing an unknown variable in a closure no longer panics.
+* Fixes panic in interpolated strings with constant expressions.
 
 New features
 ------------
diff --git a/src/ast/expr.rs b/src/ast/expr.rs
index 4d6a4b69..193324fa 100644
--- a/src/ast/expr.rs
+++ b/src/ast/expr.rs
@@ -5,12 +5,16 @@ use crate::engine::{KEYWORD_FN_PTR, OP_EXCLUSIVE_RANGE, OP_INCLUSIVE_RANGE};
 use crate::func::hashing::ALT_ZERO_HASH;
 use crate::tokenizer::Token;
 use crate::types::dynamic::Union;
-use crate::{calc_fn_hash, Dynamic, FnPtr, Identifier, ImmutableString, Position, StaticVec, INT};
+use crate::{
+    calc_fn_hash, Dynamic, FnPtr, Identifier, ImmutableString, Position, SmartString, StaticVec,
+    INT,
+};
 #[cfg(feature = "no_std")]
 use std::prelude::v1::*;
 use std::{
     collections::BTreeMap,
     fmt,
+    fmt::Write,
     hash::Hash,
     iter::once,
     num::{NonZeroU8, NonZeroUsize},
@@ -576,6 +580,16 @@ impl Expr {
                 }))
             }
 
+            // Interpolated string
+            Self::InterpolatedString(x, ..) if self.is_constant() => {
+                let mut s = SmartString::new_const();
+                for segment in x.iter() {
+                    let v = segment.get_literal_value().unwrap();
+                    write!(&mut s, "{}", v).unwrap();
+                }
+                s.into()
+            }
+
             // Fn
             Self::FnCall(ref x, ..)
                 if !x.is_qualified() && x.args.len() == 1 && x.name == KEYWORD_FN_PTR =>
diff --git a/src/optimizer.rs b/src/optimizer.rs
index 590e760d..4f561f65 100644
--- a/src/optimizer.rs
+++ b/src/optimizer.rs
@@ -12,7 +12,7 @@ use crate::tokenizer::{Span, Token};
 use crate::types::dynamic::AccessMode;
 use crate::{
     calc_fn_hash, calc_fn_params_hash, combine_hashes, Dynamic, Engine, FnPtr, Identifier,
-    Position, Scope, StaticVec, AST, INT,
+    Position, Scope, StaticVec, AST, INT, ImmutableString,
 };
 #[cfg(feature = "no_std")]
 use std::prelude::v1::*;
@@ -1052,10 +1052,10 @@ fn optimize_expr(expr: &mut Expr, state: &mut OptimizerState, _chaining: bool) {
             state.set_dirty();
             *expr = Expr::StringConstant(state.engine.const_empty_string(), *pos);
         }
-        // `...`
-        Expr::InterpolatedString(x, ..) if x.len() == 1 && matches!(x[0], Expr::StringConstant(..)) => {
+        // `... ${const} ...`
+        Expr::InterpolatedString(..) if expr.is_constant() => {
             state.set_dirty();
-            *expr = mem::take(&mut x[0]);
+            *expr = Expr::StringConstant(expr.get_literal_value().unwrap().cast::<ImmutableString>(), expr.position());
         }
         // `... ${ ... } ...`
         Expr::InterpolatedString(x, ..) => {
diff --git a/tests/string.rs b/tests/string.rs
index c569b880..3bbed302 100644
--- a/tests/string.rs
+++ b/tests/string.rs
@@ -334,6 +334,8 @@ fn test_string_split() -> Result<(), Box<EvalAltResult>> {
 fn test_string_interpolated() -> Result<(), Box<EvalAltResult>> {
     let engine = Engine::new();
 
+    assert_eq!(engine.eval::<String>("`${}`")?, "");
+
     assert_eq!(
         engine.eval::<String>(
             "