Updated weights for Trade-Weighted Index
16 November 2016
Updated weights for Trade-Weighted Index
The annual re-weighting of the Trade-Weighted Index (TWI) takes effect on Wednesday 16 November 2016.
The TWI is a measure of the value of the New Zealand dollar relative to the currencies of New Zealand’s major trading partners. There are 17 currencies included in the TWI and each currency is weighted using the country’s bilateral trade with New Zealand.
The TWI weights for the
next 12 months
are:
Currency Symbol Old
weight New weight
Australian
dollar AUD 0.2199 0.2073
Chinese
yuan CNY 0.1801 0.1966
United States
dollar USD 0.1448 0.1398
Euro area
euro EUR 0.1097 0.1135
Japanese
yen JPY 0.0646 0.0635
United Kingdom
pound GBP 0.0470 0.0456
Singapore
dollar SGD 0.0391 0.0380
South Korean
won KRW 0.0390 0.0378
Thai
baht THB 0.0276 0.0295
Malaysian
ringgit MYR 0.0287 0.0238
Indian
rupee INR 0.0175 0.0217
Taiwanese
dollar TWD 0.0180 0.0175
Indonesian
rupiah IDR 0.0162 0.0160
Canadian
dollar CAD 0.0147 0.0159
Hong Kong
dollar HKD 0.0130 0.0135
Vietnamese
dong VND 0.0106 0.0109
Philippines
peso PHP 0.0095 0.0091
Scaling factor
76.6018 76.6581
Technical information about the TWI is available on the B10 table.
ends