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 72.21 (index) in July 2025, versus 73.68 in June 2025. This marks a decrease of 2.00 percent.
Sample. There are 379 data points overall in the monthly series displayed in the chart above. The series covers the time period going from January 1994 to July 2025.
History. Check out a few summary statistics we calculated on the full sample: the effective exchange rate reached a maximum of 193.98 in April 1995; it recorded a bottom of 68.27 in July 2024; it had a mean value of 118.92.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-05-31 | 74.49 |
| 2025-06-30 | 73.68 |
| 2025-07-31 | 72.21 |
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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 |