The nominal effective exchange rate index of the Japanese yen stood at 77.52 points in September 2024. The real effective exchange rate index, which considers inflation in Japan and other economies, stood at 73.82 points.
Monthly effective exchange rate index of the Japanese yen from January 2020 to September 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. (October 22, 2024). Monthly effective exchange rate index of the Japanese yen from January 2020 to September 2024 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1428871/japan-yen-effective-exchange-rate-index/
Bank of Japan. "Monthly effective exchange rate index of the Japanese yen from January 2020 to September 2024." Chart. October 22, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1428871/japan-yen-effective-exchange-rate-index/
Bank of Japan. (2024). Monthly effective exchange rate index of the Japanese yen from January 2020 to September 2024. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1428871/japan-yen-effective-exchange-rate-index/
Bank of Japan. "Monthly Effective Exchange Rate Index of The Japanese Yen from January 2020 to September 2024." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1428871/japan-yen-effective-exchange-rate-index/
Bank of Japan, Monthly effective exchange rate index of the Japanese yen from January 2020 to September 2024 Statista, https://www.statista.com/statistics/1428871/japan-yen-effective-exchange-rate-index/ (last visited November 22, 2024)
Monthly effective exchange rate index of the Japanese yen from January 2020 to September 2024 [Graph], Bank of Japan, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1428871/japan-yen-effective-exchange-rate-index/