Real effective exchange rate (index; broad definition; 64 economies) - Philippines - BIS - Monthly
This series is part of the dataset: Real effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In the Philippines, the real effective exchange rate (relative to a basket of 64 trading partners' currencies) was 99.30 (index) in July 2025, versus 100.18 in June 2025. This represents a decrease of 0.88 percent.
Sample. The monthly time series shown in the graph has 379 data points. The time period covered by the series is from January 1994 to July 2025.
History. Here are a few simple statistics we calculated on the whole sample: the effective exchange rate reached its highest level of 104.68 in March 1997; it reached its minimum of 64.18 in February 2004; it had a mean value of 88.67.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-05-31 | 102.37 |
| 2025-06-30 | 100.18 |
| 2025-07-31 | 99.3 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Real effective exchange rate (broad definition: 64 economies) |
| Country | Philippines |
| 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 |