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) stood at 67.11 (index) in July 2025, versus 68.45 in the previous month. This represents a reduction of 1.96 percent.
Sample. In the monthly series presented in the figure, there are a total of 739 data points. The time range covered by the series is from January 1964 to July 2025.
History. Check out a few simple statistics calculated on the entire sample: the effective exchange rate was equal on average to 104.92; it reached its maximum of 178.85 in April 1995; it reached a minimum of 56.40 in March 1964.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-05-31 | 69.47 |
| 2025-06-30 | 68.45 |
| 2025-07-31 | 67.11 |
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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 |