15 EFFECTIVE EXCHANGE RATE INDICES OF THE PESO                                
  1980 = 100                                        
  period averages                                        
                                             
 N O M I N A L R  E  A  L  
Overall 1 % growth rate (y-o-y) Trading Partners Overall 1 % growth rate (y-o-y) Trading Partners  
 Advanced 2 % growth rate (y-o-y) Developing 3 % growth rate (y-o-y)  Advanced 2 % growth rate (y-o-y) Developing 3 % growth rate (y-o-y)
                                             
2011 14.42 -0.71 11.12 -1.16 23.98 -0.39 81.08 0.64 70.63 1.62 112.97 -0.04
2012 14.92 3.49 11.61 4.42 24.67 2.85 84.60 4.34 75.09 6.31 116.35 3.00
2013 15.26 2.28 12.38 6.62 24.45 -0.86 87.10 2.96 81.25 8.21 115.40 -0.82
2014 14.92 -2.23 12.24 -1.16 23.72 -2.99 86.44 -0.76 81.79 0.66 113.37 -1.76
2015 15.68 5.06 13.25 8.25 24.39 2.80 90.69 4.91 88.82 8.61 115.98 2.30
2016 15.00 -4.30 12.15 -8.29 24.03 -1.47 86.98 -4.08 82.15 -7.51 114.06 -1.66
January 15.41 -1.41 12.65 -4.33 24.45 0.65 91.78 -1.81 88.95 -4.15 118.22 -0.12
February 15.18 -4.22 12.41 -7.64 24.17 -1.79 88.39 -5.02 85.43 -7.54 114.07 -3.20
March 15.30 -3.96 12.54 -7.82 24.32 -1.17 88.56 -4.43 85.27 -7.45 114.60 -2.25
April 15.24 -3.87 12.44 -8.51 24.27 -0.50 88.68 -4.19 84.62 -7.98 115.45 -1.44
May 15.16 -3.76 12.28 -8.76 24.27 -0.14 88.20 -3.65 82.95 -8.01 115.99 -0.53
June 15.20 -3.47 12.24 -9.13 24.46 0.67 88.74 -3.00 82.89 -8.08 117.24 0.67
July 14.98 -4.97 12.05 -10.32 24.09 -1.08 86.51 -4.50 81.25 -9.28 113.86 -1.05
August 14.94 -4.57 11.96 -9.05 24.12 -1.39 85.83 -4.13 79.94 -8.06 113.62 -1.38
September 14.75 -4.93 11.80 -8.06 23.81 -2.81 84.43 -4.20 78.40 -6.87 112.00 -2.43
October 14.59 -6.18 11.71 -9.56 23.53 -3.86 83.75 -5.49 77.81 -8.56 111.05 -3.41
November 14.62 -5.51 11.78 -9.30 23.51 -2.85 84.30 -4.72 78.82 -8.24 111.30 -2.27
December 14.74 -4.51 12.04 -6.52 23.47 -3.17 84.86 -3.69 80.28 -5.52 111.14 -2.47
15.03 12.17 24.09 87.20 82.39 114.31
2017 14.13 -5.82 11.51 -5.23 22.54 -6.19 83.04 r -4.53 79.07 -3.75 108.35 -5.01
January 14.70 -4.64 11.99 -5.24 23.43 -4.18 88.03 -4.09 85.16 -4.26 113.72 -3.80
February 14.48 -4.59 11.83 -4.64 23.08 -4.50 85.70 -3.04 82.74 -3.15 110.85 -2.82
March 14.37 -6.14 11.75 -6.31 22.87 -5.95 84.54 -4.54 81.32 -4.63 109.62 -4.35
April 14.41 -5.42 11.73 -5.71 23.01 -5.19 85.30 -3.81 81.20 -4.04 111.30 -3.60
May 14.39 -5.06 11.73 -4.51 22.96 -5.39 84.90 -3.74 80.57 -2.87 111.00 -4.30
June 14.29 -6.02 11.61 -5.08 22.83 -6.63 84.34 -4.95 79.81 -3.71 110.46 -5.78
July 14.04 -6.27 11.41 -5.38 22.44 -6.86 81.93 -5.29 77.91 -4.10 106.97 -6.06
August 13.82 -7.47 11.17 -6.64 22.17 -8.06 80.28 -6.47 75.61 -5.41 105.43 -7.21
September 13.73 -6.89 11.15 -5.57 21.96 -7.77 79.81 -5.48 75.22 -4.04 104.77 -6.46
October 13.75 -5.79 11.20 -4.29 21.94 -6.76 80.30 -4.11 75.96 -2.38 105.19 -5.27
November 13.78 -5.79 11.28 -4.25 21.92 -6.76 80.71 -4.25 76.72 -2.66 105.41 -5.28
December 13.89 -5.76 11.41 -5.28 22.07 -5.99 81.09 -4.44 77.16 -3.89 105.84 -4.77
14.16 11.53 22.60 83.26 79.29 108.61
2018 r 13.29 -5.90 10.83 -5.91 21.21 -5.90 80.80 -2.71 76.96 -2.67 105.40 -2.72
January 13.61 -7.37 11.19 -6.69 21.62 -7.74 83.04 -5.66 80.89 -5.01 106.98 -5.93
February 13.17 -9.07 10.77 -8.95 20.97 -9.12 79.34 -7.42 76.98 -6.96 102.43 -7.59
March 13.06 -9.05 10.65 -9.35 20.84 -8.87 78.86 -6.72 75.69 -6.92 102.43 -6.56
April 13.07 -9.27 10.71 -8.67 20.80 -9.61 79.62 -6.66 76.42 -5.89 103.42 -7.08
May 13.25 -7.92 10.90 -7.03 21.03 -8.42 80.42 -5.28 77.02 -4.41 104.58 -5.78
June 13.13 -8.08 10.77 -7.25 20.88 -8.55 80.20 -4.92 76.51 -4.13 104.51 -5.39
July 13.25 -5.60 10.74 -5.80 21.20 -5.51 80.26 -2.03 76.17 -2.24 104.91 -1.92
August 13.36 -3.33 10.80 -3.26 21.42 -3.41 81.07 0.98 76.36 0.99 106.40 0.92
September 13.21 -3.76 10.68 -4.20 21.19 -3.54 80.46 0.82 75.56 0.44 105.78 0.97
October 13.29 -3.34 10.74 -4.09 21.30 -2.91 81.26 1.19 76.23 0.37 106.89 1.61
November 13.60 -1.30 11.04 -2.20 21.75 -0.77 83.10 2.96 78.34 2.11 109.03 3.43
December 13.56 -2.41 11.02 -3.34 21.66 -1.85 82.13 1.28 77.53 0.47 107.67 1.74
13.22 10.83 21.02 80.25 77.25 104.06
2019 r 13.60 2.93 11.07 2.20 21.72 3.34 84.31 5.06 80.65 4.40 109.71 5.44
January 13.49 -0.93 10.94 -2.19 21.57 -0.22 85.02 2.38 81.77 1.09 110.30 3.11
February 13.53 2.72 11.07 2.71 21.54 2.72 83.78 5.60 81.26 5.55 108.19 5.62
March 13.52 3.45 11.06 3.89 21.51 3.21 83.22 5.53 80.25 6.02 107.81 5.26
April 13.63 4.25 11.17 4.22 21.68 4.26 84.22 5.78 80.84 5.78 109.38 5.77
May 13.71 3.47 11.10 1.79 21.95 4.41 84.60 5.21 79.95 3.80 110.85 5.99
June 13.76 4.76 11.09 2.99 22.08 5.76 85.01 6.00 79.86 4.37 111.74 6.92
                                             
1 Australia, Euro Area, U.S., Japan, Hong Kong, Taiwan, Thailand, Indonesia, Malaysia, Singapore, South Korea, China, Saudi Arabia, and U.A.E.
2 U.S., Japan, Euro Area, and Australia
3 Hong Kong, Taiwan, Thailand, Indonesia, Malaysia, Singapore, South Korea, China, Saudi Arabia, and U.A.E
r Revised
Source:  Bangko Sentral ng Pilipinas