Table 149 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee (36- Currency Bilateral Weights) (Financial Year - Annual Average)

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Year	Export-based Weights		Trade-based Weights
Year	REER	NEER	REER	NEER
1	2	3	4	5
(Base : 1993-94 = 100)
1993-94	100.00	100.00	100.00	100.00
1994-95	104.88	98.18	104.32	98.91
1995-96	100.10	90.94	98.19	91.54
1996-97	98.95	89.03	96.83	89.27
1997-98	103.07	91.97	100.77	92.04
1998-99	94.34	90.34	93.04	89.05
1999-00	95.28	90.42	95.99	91.02
2000-01	98.67	90.12	100.09	92.12
2001-02	98.59	89.08	100.86	91.58
2002-03	95.99	87.01	98.18	89.12
2003-04	99.07	87.89	99.56	87.14
2004-05	98.30	88.41	100.09	87.31
(Base : 2004-05 = 100)
2005-06	102.74	102.20	103.10	102.24
2006-07	101.05	98.00	101.29	97.63
2007-08	108.57	105.61	108.52	104.75
2008-09	97.77	93.99	97.80	93.34
2009-10	95.26	91.41	94.73	90.93
2010-11	103.52	94.74	102.34	93.66
2011-12	100.68	89.06	99.15	87.61
Note : 1. Data for 2010-11 and 2011-12 are provisional. 2. REER indices are recalculated from 1993-94 onwards using the new Wholesale Price Index (WPI) series (Base : 1993-94 = 100). 3. The Base year is changed from 1993-94 to 2004-05. 4. The 36-Country REER & NEER are revised as 36- Currency REER & NEER respectively and for “note on Methodology” on the indices, please see 2005 Issue of RBI Bulletin. Also see Notes on Tables.