Updated weights for Trade-Weighted Index

Release date
29 November 2018

The annual re-weighting of the Trade-Weighted Index (TWI) takes effect on Friday 30 November 2018.

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 two-way goods and services trade with New Zealand.

The current TWI weights and those that will apply for the next 12 months are:

Currency Symbol Old Weight New Weight
Chinese yuan
CNY 0.2039 0.2111
Australian dollar
AUD 0.2069 0.1984
United States dollar USD 0.1401 0.1338
Euro zone euro EUR 0.1078 0.1095
Japanese yen JPY 0.0680 0.0651
United Kingdom pound GBP 0.0432 0.0434
Singapore dollar SGD 0.0352 0.0376
South Korean won KRW 0.0345 0.0365
Thai baht THB 0.0314 0.0306
Malaysian ringgit MYR 0.0235 0.0261
Indian rupee INR 0.0217 0.0214
Taiwanese dollar
TWD 0.0174 0.0168
Hong Kong dollar
HKD 0.0136 0.0159
Indonesian rupiah
IDR 0.0157 0.0158
Canadian dollar
CAD 0.0150 0.0148
Vietnamese dong VND 0.0127 0.0135
Philippines peso PHP 0.0094 0.0097
Scaling factor 76.6964 76.6649

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

Media contact:
Vivienne Sanders,
External Communications Adviser
Ph: 04 471 3763
vivienne.sanders@rbnz.govt.nz