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)

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
2011	(Base: 2004-05 = 100)				2013	(Base: 2004-05 = 100)
Jan	117.34	94.09	114.65	92.69	Jul	106.14	74.66	104.02	73.53
Feb	115.52	93.70	112.81	92.29	Aug	101.43	70.64	99.47	69.60
Mar	115.60	94.02	112.78	92.50	Sep	101.25	69.95	99.32	68.93
Apr	115.44	94.36	112.94	92.84	Oct	104.72	71.80	102.69	70.77
May	114.74	93.36	112.13	91.76	Nov	104.88	71.01	102.88	69.98
Jun	116.41	93.46	113.56	91.76	Dec	104.99	71.91	102.99	70.87
Jul	119.07	94.29	115.87	92.37	2014
Aug	117.92	92.54	114.57	90.52	Jan	104.72	72.12	102.75	71.08
Sep	114.96	89.46	111.81	87.63	Feb	103.99	71.89	101.97	70.82
Oct	112.07	86.99	109.11	85.20	Mar	105.80	72.98	103.82	71.90
Nov	109.04	84.49	106.26	82.78	Apr	106.81	73.94	104.62	72.78
Dec	105.57	82.28	102.81	80.59	May	109.26	75.31	107.05	74.13
2012					Jun	109.36	74.88	107.11	73.74
Jan	108.83	84.71	105.98	82.97	Jul	110.54	74.50	108.31	73.43
Feb	113.12	87.73	110.28	86.10	Aug	110.50	73.84	108.16	72.72
Mar	111.04	85.89	107.95	84.05	Sep	111.35	74.73	109.07	73.59
Apr	108.35	83.17	105.41	81.31	Oct	111.43	74.81	109.10	73.69
May	105.01	79.96	102.19	78.24	Nov	112.11	75.00	109.84	73.94
Jun	104.31	78.45	101.30	76.75	Dec	110.94	74.62	108.73	73.64
Jul	106.95	79.30	103.79	77.56	2015
Aug	107.34	78.94	104.18	77.20	Jan	112.39	75.64	110.04	74.54
Sep	108.70	79.60	105.59	77.88	Feb	114.66	77.27	112.00	76.00
Oct	112.15	81.78	108.97	80.04	Mar	115.58	78.02	113.15	76.80
Nov	109.46	79.44	106.25	77.70	Apr	114.72	77.41	112.08	76.13
Dec	109.09	79.27	105.83	77.52	May	112.56	75.62	110.06	74.37
2013					Jun	114.11	75.87	111.53	74.67
Jan	110.13	79.66	106.89	77.96	Jul	115.44	76.75	112.96	75.63
Feb	111.63	80.66	108.33	78.97	Aug	113.88	75.72	111.63	74.74
Mar	111.34	80.39	108.08	78.70
Apr	110.97	80.48	108.03	78.64
May	110.78	79.81	107.99	78.05
Jun	106.10	75.43	103.26	73.71
Notes : 1. Real Effective Exchange Rate (REER) are based on CPI. 2. Data for 2013, 2014 and 2015 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.