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 97.23 (index) in May 2026, versus 99.90 in April 2026. This represents a decrease of 2.67 percent.
Sample. In the monthly time series displayed in the plot, there are 389 data points in total. The series covers the span of time stretching from January 1994 to May 2026.
History. Check out a few simple statistics calculated on the full sample: the effective exchange rate had a mean of 88.89; it recorded a bottom of 64.08 in February 2004; it recorded a maximum of 105.03 in March 2024.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2026-03-31 | 99.17 |
| 2026-04-30 | 99.9 |
| 2026-05-31 | 97.23 |
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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 |
Series in the same data set
Discover the other time series included in this data set.