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 99.70 (index) in August 2025, compared to 99.30 in the previous month. This marks an increase of 0.40 percent.
Sample. The monthly series plotted above has 380 data points overall. The series covers the time span going from January 1994 to August 2025.
History. Here’s a quick look at a few simple statistics we calculated on the entire sample: the effective exchange rate had an average value of 88.70; it reached its lowest level of 64.18 in February 2004; it reached a maximum of 104.68 in March 1997.
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 |
Series in the same data set
Discover the other time series included in this data set.