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Revision of Effective Exchange Rates

November 20, 2015
Bank of Japan
Research and Statistics Department

The Bank for International Settlements (BIS) has revised the weights of the EERs as well as other minor changes. Following this revision, the figures have been retroactively revised.

The BIS calculates the weights of the EERs every three years after the corresponding period ends, using the three-year average of the total value of trade. As a result of the current revision, the most recent weights have been updated for 2011-2013 from 2008-2010. For details, see the BIS website (Link to an external website).

Inquiries

Economic Assessment and Projection Group, Economic Research Division, Research and Statistics Department

E-mail : post.rsd51@boj.or.jp