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 64.79 (index) in December 2025, compared to 65.15 in November. This represents a decrease of 0.55 percent.
Sample. There are 744 data points overall in the monthly series shown in the plot above. The time span covered by the series stretches from January 1964 to December 2025.
History. Have a look at some statistics we computed on the entire sample: the effective exchange rate had an average value of 104.67; it reached a maximum of 178.85 in April 1995; it reached a trough of 56.40 in March 1964.
Latest values
| Date | Value - Index (an increase indicates an appreciation vis à vis a basket of foreign currencies) |
|---|---|
| 2025-10-31 | 75.99 |
| 2025-11-30 | 65.15 |
| 2025-12-31 | 64.79 |
Nugget of wisdom. An advantage of using our web site is that we publish accurate metadata. Check it below to gain insights on the properties of the series that you analyze.
Not for investment purposes. Any financial data hosted on this web site are not suitable for investment purposes or any other financial decision. Users should ask for professional advice and perform their own independent due diligence before making any financial commitments.
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.