Real effective exchange rate (index; broad definition; 64 economies) - Japan - BIS - Monthly
This series is part of the dataset: Real effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In Japan, the real effective exchange rate (relative to a basket of 64 trading partners' currencies) was 72.31 (index) in August 2025, compared to 72.21 in July 2025. This represents an increase of 0.14 percent.
Sample. There are 380 records overall in the monthly series presented in the graph above. The series covers the span of time stretching from January 1994 to August 2025.
History. Take a look at a few simple statistics we calculated on the whole sample: the effective exchange rate recorded a bottom of 68.27 in July 2024; it reached its maximum of 193.98 in April 1995; it averaged 118.80.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-06-30 | 73.68 |
| 2025-07-31 | 72.21 |
| 2025-08-31 | 72.31 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Real effective exchange rate (broad definition: 64 economies) |
| Country | Japan |
| 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 |