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Table 204 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee (36- Currency Bilateral Weights) (Monthly Average)

Year/ Month

Export-based Weights

Trade-based Weights

Year/ Month

Export-based Weights

Trade-based Weights

REER

NEER

REER

NEER

REER

NEER

REER

NEER

1

2

3

4

5

1

2

3

4

5

2008

(Base: 1993-94 = 100)

2010

(Base: 2004-05 = 100)

Jan

89.28

81.85

89.80

82.27

Apr

104.75

97.29

103.85

96.42

Feb

90.14

83.47

90.59

83.84

May

103.86

96.41

103.03

95.63

Mar

87.28

80.37

88.05

80.75

Jun

103.23

95.52

102.40

94.75

Apr

101.60

91.92

101.67

91.51

Jul

101.61

93.48

100.07

92.12

May

97.33

87.69

97.55

87.39

Aug

100.64

92.98

99.69

92.13

Jun

97.49

86.36

97.58

86.03

Sep

101.91

93.97

100.86

92.98

Jul

97.34

85.83

97.22

85.41

Oct

103.84

95.69

102.76

94.61

Aug

99.47

87.27

99.45

87.04

Nov

102.85

94.52

101.77

93.43

Sep

95.68

84.06

95.69

83.96

Dec

104.91

95.19

103.62

93.91

Oct

91.99

81.81

92.01

81.91

2011

 

 

 

 

Nov

92.04

83.16

92.17

83.39

Jan

105.28

94.11

103.87

92.81

Dec

89.81

82.25

90.01

82.47

Feb

104.34

93.70

102.81

92.41

2009

 

 

 

 

Mar

105.05

94.04

103.37

92.67

Jan

89.28

81.85

89.80

82.27

Apr

105.68

94.31

104.34

93.06

Feb

90.14

83.47

90.59

83.84

May

104.25

93.29

102.97

92.00

Mar

87.28

80.37

88.05

80.75

Jun

104.72

93.39

103.26

92.00

Apr

87.14

80.73

87.46

83.61

Jul

106.15

94.22

104.39

92.62

May

89.12

81.59

89.59

84.43

Aug

104.34

92.41

102.37

90.64

Jun

89.53

81.86

90.02

84.78

Sep

101.04

89.40

99.40

87.89

Jul

89.04

80.48

89.57

83.40

Oct

98.37

86.95

96.80

85.50

Aug

89.56

80.21

90.13

83.13

Nov

95.84

84.41

94.48

83.00

Sep

89.23

79.35

89.77

82.17

Dec

93.04

82.22

91.58

80.83

Oct

91.33

81.51

91.87

84.29

2012

 

 

 

 

Nov

92.89

81.48

93.37

84.27

Jan

96.21

84.65

94.73

83.24

Dec

93.72

81.94

94.12

84.73

Feb

99.92

87.67

98.49

86.34

2010

 

 

 

 

Mar

98.60

85.81

96.94

84.22

Jan

96.44

83.53

96.72

86.26

Apr

96.58

83.44

95.93

81.92

Feb

96.69

84.15

96.74

86.81

May

93.09

80.08

91.53

78.68

Mar

99.64

85.68

99.74

88.25

Jun

91.49

78.71

89.94

77.32

Apr

102.25

87.55

101.78

90.16

Jul

92.65

79.70

91.03

78.26

May

101.76

87.05

101.22

89.64

 

 

 

 

 

Jun

101.77

86.39

101.01

88.92

 

 

 

 

 

Note : 1. Base:1993-94 data are Final and Base:2004-05 data are provisional.
2. The indices of REER are recalculated from April 1993 onwards using the new Wholesale Price Index (WPI) series
(Base:1993-94 = 100).
3. The 36-Country REER & NEER are revised as 36-Currency REER & NEER and for “note on Methodology” on the indices, please see December 2005 issue of RBI Bulletin.
4. For old 36-country REER & NEER series, please see Handbook of Statistics on Indian Economy, 2004-05.
5. For Base: 2004-05, Denmark and Myanmar have been replaced by Taiwan and Vietnam in the list of countries covered under the index.
Also see Notes on Tables.

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