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 98.26 (index) in February 2026, compared to 97.74 in the previous month. This represents an increase of 0.53 percent.
Sample. There are 386 records in the monthly series shown in the graph above. The time range covered by the series is from January 1994 to February 2026.
History. Here's a peek at some descriptive statistics calculated on the whole sample: the effective exchange rate reached a maximum of 104.66 in March 1997; it reached its lowest level of 64.17 in February 2004; it had an average value of 88.85.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-12-31 | 97.97 |
| 2026-01-31 | 97.74 |
| 2026-02-28 | 98.26 |
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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.