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Updated weights for Trade-Weighted Index

Published: Thu 7 Dec 2017 03:47 PM
Date 07 December 2017
Updated weights for Trade-Weighted Index
The annual re-weighting of the Trade-Weighted Index (TWI) takes effect on Friday 8 December 2017.
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 current TWI weights and those that will apply for the next 12 months are:CurrencySymbolOld weightNew weightAustralian dollarAUD0.20730.2069Chinese yuanCNY0.19660.2039United States dollarUSD0.13980.1401Euro zone euroEUR0.11350.1027Japanese yenJPY0.06350.0680United Kingdom poundGBP0.04560.0484Singapore dollarSGD0.03800.0352South Korean wonKRW0.03780.0345Thai bahtTHB0.02950.0314Malaysian ringgitMYR0.02380.0235Indian rupeeINR0.02170.0217Taiwanese dollarTWD0.01750.0174Indonesian rupiahIDR0.01600.0157Canadian dollarCAD0.01590.0150Hong Kong dollarHKD0.01350.0135Vietnamese dongVND0.01090.0127Philippines pesoPHP0.00910.0094Scaling factor 76.658176.6525
Technical information about the TWI is available on the TWI weights table.
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