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) stood at 66.36 (index) in March 2026, versus 66.99 in February. This marks a decrease of 0.94 percent.
Sample. There are 387 records overall in the monthly time series shown in the figure above. The series covers the time span stretching from January 1994 to March 2026.
History. Here's a glimpse of a few simple statistics calculated on the whole sample: the effective exchange rate had a mean value of 118.08; it hit a trough of 66.36 in March 2026; it hit a peak of 194.20 in April 1995.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2026-01-31 | 67.54 |
| 2026-02-28 | 66.99 |
| 2026-03-31 | 66.36 |
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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 |
Series in the same data set
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