Monthly effective exchange rate index of the Japanese yen 2020-2024

Published by Statista Research Department, Aug 20, 2024

The nominal effective exchange rate index of the Japanese yen stood at 71.98 points in July 2024. The real effective exchange rate index, which considers inflation in Japan and other economies, stood at 68.34 points.

Monthly effective exchange rate index of the Japanese yen from January 2020 to July 2024

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Release date

August 2024

Region

Japan

Survey time period

January 2020 to July 2024

Special properties

2020 as base year with an index of 100 points

Supplementary notes

The nominal effective exchange rate (NEER) of the Japanese yen is calculated as the weighted average of the yen's exchange rate against other currencies. Currencies are weighted according to their relative importance, which is primarily measured by the total value of trade. The real effective exchange rate (REER) of the Japanese yen reflects inflation in Japan and other economies.

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