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 99.70 (index) in August 2025, compared to 99.30 in the previous month. This marks a gain of 0.40 percent.
Sample. This monthly time series has 380 records in total. The series covers the time period stretching from January 1994 to August 2025.
History. Here’s a quick look at a few summary statistics we computed on the full sample: the effective exchange rate had an average value of 88.70; it attained a maximum of 104.68 in March 1997; it registered a minimum of 64.18 in February 2004.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-06-30 | 100.18 |
| 2025-07-31 | 99.3 |
| 2025-08-31 | 99.7 |
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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 |