The nominal effective exchange rate index of the Japanese yen stood at 74.58 points in December 2024. The real effective exchange rate index, which considers inflation in Japan and other economies, stood at 71.31 points.
Monthly effective exchange rate index of the Japanese yen from January 2020 to December 2024
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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Bank of Japan. (January 27, 2025). Monthly effective exchange rate index of the Japanese yen from January 2020 to December 2024 [Graph]. In Statista. Retrieved February 09, 2025, from https://www.statista.com/statistics/1428871/japan-yen-effective-exchange-rate-index/?__sso_cookie_checker=failed
Bank of Japan. "Monthly effective exchange rate index of the Japanese yen from January 2020 to December 2024." Chart. January 27, 2025. Statista. Accessed February 09, 2025. https://www.statista.com/statistics/1428871/japan-yen-effective-exchange-rate-index/?__sso_cookie_checker=failed
Bank of Japan. (2025). Monthly effective exchange rate index of the Japanese yen from January 2020 to December 2024. Statista. Statista Inc.. Accessed: February 09, 2025. https://www.statista.com/statistics/1428871/japan-yen-effective-exchange-rate-index/?__sso_cookie_checker=failed
Bank of Japan. "Monthly Effective Exchange Rate Index of The Japanese Yen from January 2020 to December 2024." Statista, Statista Inc., 27 Jan 2025, https://www.statista.com/statistics/1428871/japan-yen-effective-exchange-rate-index/?__sso_cookie_checker=failed
Bank of Japan, Monthly effective exchange rate index of the Japanese yen from January 2020 to December 2024 Statista, https://www.statista.com/statistics/1428871/japan-yen-effective-exchange-rate-index/?__sso_cookie_checker=failed (last visited February 09, 2025)
Monthly effective exchange rate index of the Japanese yen from January 2020 to December 2024 [Graph], Bank of Japan, January 27, 2025. [Online]. Available: https://www.statista.com/statistics/1428871/japan-yen-effective-exchange-rate-index/?__sso_cookie_checker=failed