Real effective exchange rate (index; narrow definition; 27 economies) - Japan - BIS - Monthly
This series is part of the dataset: Real effective exchange rates (Bank for International Settlements)
Download Full Dataset (.xlsx)Latest updates. In Japan, the real effective exchange rate (relative to a basket of 27 trading partners' currencies) was 62.54 (index) in May 2026, versus 62.27 in April. This constitutes an increase of 0.43 percent.
Sample. The monthly time series presented in the plot has 749 observations. The series covers the time period stretching from January 1964 to May 2026.
History. Here's a peek at some statistics computed on the entire sample: the effective exchange rate reached a trough of 56.61 in March 1964; it hit a maximum of 179.53 in April 1995; it averaged 104.79.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2026-03-31 | 63.03 |
| 2026-04-30 | 62.27 |
| 2026-05-31 | 62.54 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Real effective exchange rate (narrow definition: 27 economies) |
| Country | Japan |
| 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.