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 97.88 (index) in October 2025, compared to 99.06 in September 2025. This represents a decrease of 1.19 percent.
Sample. There are 382 data points overall in the monthly time series shown in the chart above. The span of time covered by the series stretches from January 1994 to October 2025.
History. Here's a snapshot of some summary statistics computed on the whole sample: the effective exchange rate recorded its maximum of 104.68 in March 1997; it recorded a minimum of 64.18 in February 2004; it was equal on average to 88.75.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-08-31 | 99.74 |
| 2025-09-30 | 99.06 |
| 2025-10-31 | 97.88 |
Hint. One of the pros of our data visualization and download service is that we publish well-crafted metadata. Find it below to delve deeper into the properties of the series that you use in your work.
Not for investment purposes. Data series and other information disseminated on FetchSeries are not intended for investment purposes or other financial decisions. Users should seek professional advice and perform their own independent due diligence before making any financial commitments.
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.