27 EFFECTIVE EXCHANGE RATE INDICES OF THE PESO                          
  average for periods indicated                                  
  December 1980 = 100                                  
                                       
   
   N O M I N A L R  E  A  L  
  Major Trading Partners 1 % growth rate (y-o-y) Competing Countries Major Trading Partners 1 % growth rate (y-o-y) Competing Countries  
   Broad 2 % growth rate (y-o-y) Narrow 3 % growth rate (y-o-y)  Broad 2 % growth rate (y-o-y) Narrow 3 % growth rate (y-o-y)  
                                       
   
  2010 13.30 3.72 36.63 -12.36 77.72 -11.21 84.08 8.74 137.65 -6.01 173.16 -7.98  
  2011 13.17 -0.98 40.97 11.86 85.56 10.08 86.03 2.31 143.00 3.89 176.21 1.76  
   
  2012 13.86 5.21 45.56 11.20 98.91 15.61 91.89 6.81 153.40 7.27 191.78 8.83  
  January 13.32 1.06 43.61 6.72 93.49 8.94 87.63 2.94 145.64 3.37 179.75 3.60  
  February 13.55 2.50 44.03 7.14 94.48 9.68 88.46 3.09 145.85 2.91 179.90 3.11  
  March 13.62 3.71 44.24 8.35 95.28 12.17 88.69 4.24 146.66 3.76 181.66 5.04  
  April 13.64 3.68 44.57 9.89 96.06 13.46 89.38 4.84 147.98 5.53 182.36 6.45  
  May 13.66 3.98 44.82 11.11 96.59 14.88 89.93 5.52 151.07 6.86 188.90 7.95  
  June 13.78 5.68 45.52 13.29 98.42 17.36 91.15 7.26 154.81 8.97 193.73 10.15  
  July 14.13 7.06 46.32 14.59 100.53 18.95 95.27 9.15 159.02 10.99 198.10 11.86  
  August 14.04 6.13 46.20 13.22 100.60 18.27 94.87 8.63 159.14 10.02 199.40 11.88  
  September 13.95 5.62 46.46 12.92 101.47 18.40 93.02 7.85 157.82 9.52 199.23 12.07  
  October 14.03 7.11 46.80 12.51 102.67 18.77 93.38 8.80 156.93 8.52 199.32 11.58  
  November 14.27 7.98 47.05 12.29 103.55 18.19 95.36 9.49 158.59 8.21 199.70 10.89  
  December 14.30 7.96 47.10 12.34 103.80 18.17 95.49 9.70 157.32 8.32 199.29 10.94  
   
  2013 14.26 2.92 47.86 5.04 107.25 8.43 96.13r 4.62 159.40r 3.91 202.67 5.68  
  January 14.53 9.14 47.31 8.50 104.34 11.60 97.33 11.08 157.81 8.36 198.80 10.60  
  February 14.69 8.44 47.76 8.46 105.05 11.19 97.89 10.66 157.38 7.90 197.84 9.97  
  March 14.88 9.22 47.82 8.11 104.98 10.18 98.94 11.56 157.73 7.55 196.94 8.41  
  April 14.80 8.52 47.36 6.25 103.59 7.84 98.78 10.51 155.98 5.40 192.88 5.77  
  May 14.87 8.88 47.30 5.54 103.72 7.39 99.43 10.55 158.37 4.83 199.18 5.44  
  June 14.12 2.52 46.20 1.49 101.51 3.14 94.64 3.83 155.94 0.73 195.84 1.09  
  July 14.10 -0.25 46.24 -0.19 102.25 1.71 95.87 0.63 155.05 -2.50 193.60 -2.27  
  August 13.79 -1.75 46.87 1.45 105.03 4.40 93.90 -1.02 157.70 -0.91 199.19 -0.10  
  September 13.82 -0.88 48.66 4.72 111.62 10.00 93.57 0.59 162.62 3.04 211.45 6.13  
  October 13.89 -1.00 49.28 5.31 113.48 10.52 94.21 0.89 162.98 3.85 212.99 6.86  
  November 13.89 -2.72 49.42 5.03 114.37 10.45 94.68 -0.71 164.57 3.77 213.77 7.05  
  December 13.75 -3.83 50.05 6.27 117.06 12.77 94.34r -1.21 166.64r 5.93 219.55r 10.17  
   
  1 US, Japan, European Monetary Union, United Kingdom  
  2 Singapore, South Korea, Taiwan, Malaysia, Thailand, Indonesia, Hongkong  
  3 Indonesia, Malaysia, Thailand  
  r  Revised  
  Source:  Bangko Sentral ng Pilipinas