{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"nominal-effecive-exchange-rate","source":"World Bank staff calculations based on Datastream and IMF International Finance Statistics data","source_url":"https://data.worldbank.org/indicator/NEER","title":"Nominal Effecive Exchange Rate","unit":null},"observations":[{"date":"1994-01-01","value":169.719},{"date":"1995-01-01","value":167.791},{"date":"1996-01-01","value":172.795},{"date":"1997-01-01","value":166.199},{"date":"1998-01-01","value":130.739},{"date":"1999-01-01","value":132.61},{"date":"2000-01-01","value":119.008},{"date":"2001-01-01","value":108.23},{"date":"2002-01-01","value":106.689},{"date":"2003-01-01","value":96.7621},{"date":"2004-01-01","value":90.1556},{"date":"2005-01-01","value":90.8912},{"date":"2006-01-01","value":96.9545},{"date":"2007-01-01","value":104.506},{"date":"2008-01-01","value":103.547},{"date":"2009-01-01","value":97.6104},{"date":"2010-01-01","value":100.0},{"date":"2011-01-01","value":99.0487},{"date":"2012-01-01","value":102.81},{"date":"2013-01-01","value":104.994},{"date":"2014-01-01","value":102.114},{"date":"2015-01-01","value":107.32},{"date":"2016-01-01","value":104.176},{"date":"2017-01-01","value":98.2651},{"date":"2018-01-01","value":92.3839},{"date":"2019-01-01","value":96.0226},{"date":"2020-01-01","value":100.047},{"date":"2021-01-01","value":98.4581},{"date":"2022-01-01","value":96.3249},{"date":"2023-01-01","value":97.2967},{"date":"2024-01-01","value":97.5355}],"summary":{"latest_period":"2024-01-01","latest_value":97.5355,"max":172.795,"mean":111.323,"min":90.1556,"of":112,"rank":74,"trend":"falling"}}