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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)

2009

(Base: 2004-05 = 100)

Jan

89.28

81.85

89.80

82.27

Apr

90.93

89.90

90.62

89.65

Feb

90.14

83.47

90.59

83.84

May

92.36

90.96

91.89

90.59

Mar

87.28

80.37

88.05

80.75

Jun

93.11

91.37

92.70

91.04

Apr

101.60

91.92

101.67

91.51

Jul

92.38

89.86

92.03

89.59

Jun

97.49

86.36

97.58

86.03

Aug

92.85

89.60

92.50

89.33

Jul

97.34

85.83

97.22

85.41

Sep

92.16

88.73

91.72

88.35

Aug

99.47

87.27

99.45

87.04

Oct

94.87

91.20

94.33

90.66

Sep

95.68

84.06

95.69

83.96

Nov

96.17

91.20

95.66

90.67

Oct

91.99

81.81

92.01

81.91

Dec

96.79

91.66

96.19

91.10

Nov

92.04

83.16

92.17

83.39

2010

 

 

 

 

Dec

89.81

82.25

90.01

82.47

Jan

99.82

93.30

99.11

92.63

2009

 

 

 

 

Feb

99.90

93.81

99.10

93.08

Jan

89.28

81.85

89.80

82.27

Mar

102.03

95.47

101.08

94.56

Feb

90.14

83.47

90.59

83.84

Apr

104.77

97.30

103.78

96.35

Mar

87.28

80.37

88.05

80.75

May

103.88

96.42

102.95

95.55

Apr

87.14

80.73

87.46

83.61

Jun

103.26

95.54

102.30

94.66

May

89.12

81.59

89.59

84.43

Jul

101.63

93.49

99.98

92.03

Jun

89.53

81.86

90.02

84.78

Aug

100.66

92.99

99.57

92.02

Aug

89.56

80.21

90.13

83.13

Sep

101.93

93.98

100.75

92.87

Sep

89.23

79.35

89.77

82.17

Oct

103.87

95.70

102.66

94.51

Oct

91.33

81.51

91.87

84.29

Nov

102.88

94.53

101.67

93.34

Nov

92.89

81.48

93.37

84.27

Dec

104.93

95.21

103.52

93.82

Dec

93.72

81.94

94.12

84.73

2011

 

 

 

 

2010

 

 

 

 

Jan

104.04

94.13

102.65

92.72

Jan

96.44

83.53

96.72

86.26

Feb

103.16

93.72

101.78

92.32

Feb

96.69

84.15

96.74

86.81

Mar

104.28

94.01

102.88

92.54

Mar

99.64

85.68

99.74

88.25

Apr

105.79

94.35

104.37

93.02

Apr

102.25

87.55

101.78

90.16

May

102.53

93.15

101.20

91.79

May

101.76

87.05

101.22

89.64

Jun

102.92

93.50

101.51

92.07

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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