Updated weights for Trade-Weighted Index

Release date
16 November 2016

The annual re-weighting of the Trade-Weighted Index (TWI) takes effect on Wednesday 16 November 2016.

The TWI is a measure of the value of the New Zealand dollar relative to the currencies of New Zealand’s major trading partners. There are 17 currencies included in the TWI and each currency is weighted using the country’s bilateral trade with New Zealand.

The TWI weights for the next 12 months are:

Currency

Symbol

Old weight

New weight

Australian dollar

AUD

0.2199

0.2073

Chinese yuan

CNY

0.1801

0.1966

United States dollar

USD

0.1448

0.1398

Euro area euro

EUR

0.1097

0.1135

Japanese yen

JPY

0.0646

0.0635

United Kingdom pound

GBP

0.0470

0.0456

Singapore dollar

SGD

0.0391

0.0380

South Korean won

KRW

0.0390

0.0378

Thai baht

THB

0.0276

0.0295

Malaysian ringgit

MYR

0.0287

0.0238

Indian rupee

INR

0.0175

0.0217

Taiwanese dollar

TWD

0.0180

0.0175

Indonesian rupiah

IDR

0.0162

0.0160

Canadian dollar

CAD

0.0147

0.0159

Hong Kong dollar

HKD

0.0130

0.0135

Vietnamese dong

VND

0.0106

0.0109

Philippines peso

PHP

0.0095

0.0091

Scaling factor

 

76.6018

76.6581

Technical information about the TWI is available on the B10 table.

Media contact
Naomi Mitchell
External Communications Adviser
Ph 09 366 2643 or 027 294 3900
Email: naomi.mitchell@rbnz.govt.nz