Philippines - Real effective exchange rate index (2010 = 100)

109.3 (index) in 2022

In 2022, real effective exchange rate for Philippines was 109.3 index. Between 2015 and 2022, real effective exchange rate in Philippines was decreasing on average by 0.41% each year, although before that, it grew from 76 index in 2004 to 111.5 index in 2015.

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What is real effective exchange rate?

Real effective exchange rate is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.

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What is Philippines real effective exchange rate?


See also

Exchange rate