Table 210 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee (36- Currency Bilateral Weights) (Monthly Average)

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Table 210 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee (36- Currency Bilateral Weights) (Monthly Average)

(Monthly average)
Year/ Month	Export-based Weights		Trade-based Weights		Year/ Month	Export-based Weights		Trade-based Weights
Year/ Month	REER	NEER	REER	NEER	Year/ Month	REER	NEER	REER	NEER
1	2	3	4	5	1	2	3	4	5
2012	(Base: 2004-05 = 100)				2014	(Base: 2004-05 = 100)
Jan	108.83	84.71	105.98	82.97	Nov	112.10	75.01	109.85	73.94
Feb	113.12	87.73	110.28	86.10	Dec	110.94	74.62	108.74	73.64
Mar	111.04	85.89	107.95	84.05	2015
Apr	108.35	83.17	105.41	81.31	Jan	112.39	75.64	110.05	74.54
May	105.01	79.96	102.19	78.24	Feb	114.65	77.27	112.01	76.00
Jun	104.31	78.45	101.30	76.75	Mar	115.58	78.02	113.16	76.80
Jul	106.95	79.30	103.79	77.56	Apr	114.39	78.21	111.83	76.31
Aug	107.34	78.94	104.18	77.20	May	112.32	76.45	109.85	74.57
Sep	108.70	79.60	105.59	77.88	Jun	113.87	76.71	111.32	74.88
Oct	112.15	81.78	108.97	80.04	Jul	115.13	77.59	112.58	75.81
Nov	109.46	79.44	106.25	77.70	Aug	114.81	76.68	112.45	75.06
Dec	109.09	79.27	105.83	77.52	Sep	114.34	76.05	112.06	74.42
2013					Oct	116.43	77.08	114.04	75.38
Jan	110.13	79.66	106.89	77.96	Nov	116.26	76.49	114.02	74.86
Feb	111.63	80.66	108.33	78.97	Dec	115.34	76.18	113.11	74.58
Mar	111.34	80.39	108.08	78.70	2016
Apr	110.96	80.48	108.03	78.64	Jan	115.22	76.17	113.06	74.63
May	110.78	79.81	107.99	78.05	Feb	112.18	74.52	109.90	72.98
Jun	106.10	75.42	103.25	73.71	Mar	112.96	75.31	110.61	73.67
Jul	106.14	74.66	104.02	73.53	Apr	113.78	75.43	111.23	73.38
Aug	101.43	70.63	99.47	69.61	May	114.45	75.30	112.11	73.37
Sep	101.25	69.95	99.32	68.93	Jun	115.07	75.02	112.91	73.26
Oct	104.72	71.80	102.69	70.77	Jul	116.10	75.51	114.17	73.96
Nov	104.88	71.01	102.88	69.98	Aug	116.07	75.49	114.15	73.93
Dec	104.99	71.91	102.99	70.87	Sep	116.21	75.87	114.39	74.31
2014					Oct	117.33	76.45	115.50	74.85
Jan	104.72	72.12	102.75	71.08	Nov	117.61	76.71	115.79	75.02
Feb	103.99	71.89	101.97	70.82	Dec	117.71	77.25	116.01	75.61
Mar	105.79	72.98	103.82	71.90	2017
Apr	106.81	73.94	104.64	72.79	Jan	116.44	76.99	114.69	75.23
May	109.25	75.31	107.06	74.13	Feb	117.30	77.63	115.49	75.83
Jun	109.36	74.88	107.12	73.74	Mar	119.26	79.02	117.56	77.21
Jul	110.54	74.50	108.32	73.43	Apr	121.27	80.53	119.34	78.66
Aug	110.49	73.85	108.17	72.72	May	120.95	80.22	119.08	78.40
Sep	111.35	74.73	109.09	73.59	Jun	120.25	79.76	118.25	77.85
Oct	111.43	74.81	109.11	73.69	Jul	119.86	79.49	117.89	77.61
Note: 1. Real Effective Exchange Rate (REER) are based on CPI. 2. Data for 2015, 2016 and 2017 are provisional. 3. The details on methodology used for compilation of REER (CPI-based) are available in the article ‘Real Effective Exchange Rate based on CPI as Price Index for India’ published in April 2014 issue of RBI Monthly Bulletin. Also see Notes on Tables.