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 68.82 (index) in December 2025, compared to 69.40 in November 2025. This marks a reduction of 0.84 percent.
Sample. There are 384 data points in the monthly time series displayed in the figure above. The time range covered by the series extends from January 1994 to December 2025.
History. Here's a peek at some simple statistics calculated on the whole sample: the effective exchange rate was equal on average to 118.30; it reached its minimum of 68.28 in July 2024; it peaked at 193.95 in April 1995.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-10-31 | 75.89 |
| 2025-11-30 | 69.4 |
| 2025-12-31 | 68.82 |
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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
Discover the other time series included in this data set.