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| 28 |
EFFECTIVE EXCHANGE RATE INDICES OF THE PESO |
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average for periods indicated |
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December 1980 = 100 |
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N O M I N A L |
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R E
A L |
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Major Trading
Partners 1 |
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%
growth rate (y-o-y) |
Competing
Countries |
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Major Trading
Partners 1 |
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%
growth rate (y-o-y) |
Competing
Countries |
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Broad 2 |
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% growth rate (y-o-y) |
Narrow 3 |
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% growth rate (y-o-y) |
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Broad 2 |
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% growth rate (y-o-y) |
Narrow 3 |
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% growth rate (y-o-y) |
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1995 |
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24.70 |
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37.43 |
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55.21 |
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79.19 |
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102.20 |
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146.36 |
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1996 |
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24.93 |
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0.94 |
37.12 |
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-0.82 |
55.63 |
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0.76 |
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86.28 |
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8.95 |
106.57 |
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4.28 |
156.47 |
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6.91 |
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1997 |
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23.50 |
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-5.76 |
36.40 |
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-1.95 |
55.40 |
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-0.41 |
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83.53 |
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-3.19 |
106.83 |
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0.24 |
156.33 |
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-0.09 |
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1998 |
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17.54 |
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-25.36 |
40.37 |
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10.92 |
81.09 |
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46.38 |
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67.21 |
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-19.53 |
122.24 |
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14.43 |
218.11 |
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39.52 |
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1999 |
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18.25 |
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4.05 |
37.01 |
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-8.32 |
72.45 |
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-10.66 |
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76.68 |
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14.08 |
117.73 |
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-3.69 |
185.30 |
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-15.04 |
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2000 |
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16.61 |
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-8.97 |
32.33 |
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-12.65 |
65.20 |
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-10.00 |
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71.92 |
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-6.20 |
109.02 |
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-7.40 |
169.40 |
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-8.58 |
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2001 |
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14.72 |
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-11.40 |
33.91 |
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4.87 |
69.00 |
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5.82 |
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67.37 |
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-6.33 |
114.40 |
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4.94 |
180.97 |
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6.83 |
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2002 |
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14.27 |
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-3.02 |
30.88 |
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-8.91 |
59.82 |
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-13.30 |
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66.50 |
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-1.29 |
106.14 |
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-7.22 |
160.53 |
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-11.29 |
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2003 |
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12.44 |
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-12.82 |
28.83 |
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-6.66 |
52.17 |
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-12.79 |
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59.94 |
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-9.87 |
99.84 |
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-5.94 |
142.67 |
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-11.12 |
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2004 |
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11.28 |
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-9.32 |
27.94 |
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-3.07 |
54.72 |
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4.89 |
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57.46 |
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-4.15 |
100.78 |
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0.94 |
146.14 |
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2.43 |
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2005 |
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11.64 |
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3.15 |
26.83 |
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-4.00 |
48.60 |
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-11.18 |
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61.98 |
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7.88 |
101.43 |
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0.65 |
149.52 |
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2.31 |
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2006 |
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12.91 |
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10.89 |
28.17 |
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4.99 |
55.52 |
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14.23 |
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69.99 |
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12.92 |
109.01 |
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7.47 |
153.85 |
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2.89 |
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Jan |
12.74 |
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28.13 |
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55.99 |
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67.88 |
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107.09 |
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153.57 |
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Feb |
13.05 |
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28.25 |
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55.92 |
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70.07 |
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107.89 |
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153.49 |
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Mar |
13.16 |
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28.43 |
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55.97 |
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70.78 |
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109.00 |
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153.67 |
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Apr |
13.02 |
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27.91 |
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54.68 |
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69.79 |
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106.30 |
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148.13 |
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May |
12.52 |
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27.36 |
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53.87 |
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67.13 |
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104.73 |
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148.90 |
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Jun |
12.38 |
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27.39 |
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54.36 |
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66.92 |
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106.77 |
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152.28 |
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Jul |
12.57 |
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27.54 |
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54.29 |
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68.84 |
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108.22 |
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152.87 |
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Aug |
12.78 |
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28.07 |
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55.16 |
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70.13 |
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110.82 |
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156.62 |
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Sep |
13.08 |
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28.62 |
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56.29 |
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71.25 |
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111.72 |
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157.78 |
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Oct |
13.26 |
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28.90 |
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56.86 |
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72.51 |
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111.56 |
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157.45 |
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Nov |
13.18 |
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28.72 |
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56.55 |
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72.40 |
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112.04 |
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156.32 |
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Dec |
13.16 |
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28.66 |
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56.33 |
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72.12 |
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112.00 |
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155.07 |
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2007 |
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14.01 |
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8.57 |
31.78 |
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12.82 |
66.09 |
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19.04 |
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76.21 |
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8.89 |
119.69 |
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9.80 |
166.27 |
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8.08 |
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January |
13.50 |
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6.02 |
30.19 |
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7.35 |
62.99 |
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12.49 |
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73.30 |
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7.98 |
113.70 |
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6.17 |
157.96 |
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2.85 |
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February |
13.63 |
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4.43 |
30.44 |
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7.76 |
63.27 |
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13.14 |
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73.51 |
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4.91 |
113.70 |
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5.38 |
156.93 |
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2.24 |
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March |
13.46 |
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2.28 |
30.39 |
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6.89 |
63.19 |
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12.90 |
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72.29 |
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2.13 |
113.21 |
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3.86 |
156.70 |
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1.97 |
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April |
13.59 |
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4.38 |
30.62 |
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9.71 |
63.51 |
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16.14 |
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72.87 |
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4.41 |
113.64 |
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6.91 |
155.55 |
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5.01 |
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May |
13.93 |
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11.27 |
30.96 |
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13.15 |
63.62 |
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18.10 |
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74.77 |
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11.38 |
115.94 |
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10.70 |
159.86 |
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7.36 |
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June |
14.21 |
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14.76 |
31.58 |
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15.28 |
65.18 |
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19.92 |
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76.83 |
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14.79 |
120.05 |
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12.43 |
166.06 |
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9.05 |
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July |
14.24 |
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13.26 |
31.82 |
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15.57 |
65.82 |
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21.25 |
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78.33 |
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13.80 |
122.17 |
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12.89 |
168.62 |
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10.31 |
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August |
14.02 |
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9.66 |
32.08 |
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14.26 |
67.01 |
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21.48 |
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77.28 |
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10.20 |
123.11 |
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11.09 |
172.58 |
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10.19 |
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September |
13.87 |
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6.01 |
32.00 |
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11.81 |
66.97 |
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18.96 |
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75.78 |
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6.35 |
121.31 |
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8.58 |
170.04 |
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7.77 |
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October |
14.32 |
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7.94 |
32.64 |
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12.93 |
68.02 |
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19.64 |
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78.07 |
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7.67 |
121.44 |
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8.86 |
170.44 |
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8.26 |
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November |
14.41 |
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9.29 |
33.65 |
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17.16 |
70.49 |
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24.65 |
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78.88 |
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8.94 |
126.86 |
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13.24 |
176.71 |
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13.04 |
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December |
15.01 |
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14.05 |
34.94 |
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21.93 |
73.07 |
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29.73 |
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82.62 |
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14.55 |
131.17 |
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17.12 |
183.81 |
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18.53 |
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2008 |
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14.10 |
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1.59 |
33.85 |
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8.26 |
70.35 |
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8.30 |
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80.61 |
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7.04 |
131.04 |
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11.22 |
178.80 |
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9.37 |
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January |
15.14 |
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12.15 |
35.70 |
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18.25 |
74.70 |
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18.60 |
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83.57 |
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14.01 |
134.79 |
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18.55 |
186.29 |
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17.94 |
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February |
15.22 |
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11.66 |
35.64 |
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17.09 |
74.42 |
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17.63 |
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83.85 |
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14.08 |
132.97 |
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16.95 |
183.80 |
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17.12 |
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March |
14.59 |
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8.40 |
34.93 |
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14.95 |
72.65 |
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14.98 |
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80.72 |
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11.67 |
131.53 |
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16.19 |
180.38 |
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15.11 |
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April |
14.36 |
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5.64 |
34.48 |
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12.61 |
71.77 |
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13.02 |
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80.87 |
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10.98 |
130.79 |
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15.09 |
177.93 |
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14.38 |
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May |
14.10 |
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1.21 |
34.07 |
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10.04 |
70.78 |
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11.26 |
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80.19 |
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7.24 |
131.28 |
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13.23 |
180.12 |
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12.67 |
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June |
13.73 |
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-3.33 |
33.13 |
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4.92 |
69.14 |
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6.06 |
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79.51 |
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3.50 |
130.48 |
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8.68 |
178.76 |
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7.65 |
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July |
13.46 |
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-5.46 |
32.41 |
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1.84 |
67.54 |
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2.62 |
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79.66 |
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1.69 |
129.47 |
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5.97 |
175.83 |
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4.27 |
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August |
13.77 |
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-1.77 |
32.79 |
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2.22 |
67.97 |
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1.43 |
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81.98 |
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6.08 |
132.12 |
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7.32 |
179.27 |
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3.88 |
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September |
13.38 |
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-3.53 |
32.33 |
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1.02 |
66.74 |
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-0.34 |
|
78.71 |
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3.87 |
128.61 |
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6.02 |
172.62 |
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1.52 |
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October |
13.21 |
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-7.72 |
33.07 |
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1.31 |
67.78 |
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-0.36 |
|
76.99 |
E |
-1.38 |
128.41 |
E |
5.74 |
172.94 |
E |
1.46 |
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November |
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-100.00 |
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-100.00 |
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-100.00 |
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-100.00 |
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-100.00 |
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-100.00 |
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December |
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-100.00 |
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-100.00 |
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-100.00 |
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-100.00 |
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-100.00 |
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-100.00 |
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1 US, Japan,
European Monetary Union, United Kingdom |
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2 Singapore,
South Korea, Taiwan, Malaysia, Thailand, Indonesia, Hongkong |
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3 Indonesia,
Malaysia, Thailand |
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r Revised using
final data on trade weights for 2007 |
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P Preliminary
using the prelimary data on trade weights for 2007 |
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E Estimate
using the average inflation rate of the previous two months |
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Source: Bangko Sentral ng Pilipinas |
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