Updated weights for Trade-Weighted Index

Release date
15 December 2015

The annual re-weighting of the Trade-Weighted Index (TWI) will take effect on Wednesday 16 December 2015.

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

0.2198

0.2199

Chinese yuan

CNY

0.2009

0.1801

United States dollar

USD

0.1234

0.1448

Euro zone euro

EUR

0.1087

0.1097

Japanese yen

JPY

0.0631

0.0646

United Kingdom pound

GBP

0.0434

0.0470

Singapore dollar

SGD

0.0434

0.0391

South Korean won

KRW

0.0397

0.0390

Malaysian ringgit

MYR

0.0328

0.0287

Thai baht

THB

0.0258

0.0276

Taiwanese dollar

TWD

0.0174

0.0180

Indian rupee

INR

0.0149

0.0175

Indonesian rupiah

IDR

0.0180

0.0162

Canadian dollar

CAD

0.0147

0.0147

Hong Kong dollar

HKD

0.0133

0.0130

Vietnamese dong

VND

0.0104

0.0106

Philippines peso

PHP

0.0103

0.0095

Scaling factor


76.4400

76.6018

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