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 97.04 (index) in August 2026, compared to 97.87 in the previous month. This constitutes a reduction of 0.85 percent.
Sample. This monthly time series has a total of 392 observations. The time period covered by the series is from January 1994 to August 2026.
History. Here are some descriptive statistics we calculated on the full sample: the effective exchange rate had an average value of 88.96; it recorded its maximum of 105.03 in March 2024; it reached a minimum of 64.09 in February 2004.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2026-06-30 | 98.14 |
| 2026-07-31 | 97.87 |
| 2026-08-31 | 97.04 |
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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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