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) stood at 98.10 (index) in June 2026, compared to 97.19 in May. This constitutes a gain of 0.94 percent.
Sample. There are 390 observations in the monthly series displayed in the chart above. The series covers the time range going from January 1994 to June 2026.
History. Here's a glimpse of some simple statistics we calculated on the full sample: the effective exchange rate had an average value of 88.91; it hit a peak of 105.03 in March 2024; it registered a minimum of 64.08 in February 2004.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2026-04-30 | 99.72 |
| 2026-05-31 | 97.19 |
| 2026-06-30 | 98.1 |
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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
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