Scoop has an Ethical Paywall
Updated weights for Trade-Weighted Index
29 November 2018
The annual re-weighting of the Trade-Weighted Index (TWI) takes effect on Friday 30 November 2018.
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 two-way goods and services trade with New Zealand.
The current TWI weights and those that will apply for the next 12 months are:
| Currency | Symbol | Old weight | New weight |
| Chinese yuan | CNY | 0.2039 | 0.2111 |
| Australian dollar | AUD | 0.2069 | 0.1984 |
| United States dollar | USD | 0.1401 | 0.1338 |
| Euro zone euro | EUR | 0.1078 | 0.1095 |
| Japanese yen | JPY | 0.0680 | 0.0651 |
| United Kingdom pound | GBP | 0.0432 | 0.0434 |
| Singapore dollar | SGD | 0.0352 | 0.0376 |
| South Korean won | KRW | 0.0345 | 0.0365 |
| Thai baht | THB | 0.0314 | 0.0306 |
| Malaysian ringgit | MYR | 0.0235 | 0.0261 |
| Indian rupee | INR | 0.0217 | 0.0214 |
| Taiwanese dollar | TWD | 0.0174 | 0.0168 |
| Hong Kong dollar | HKD | 0.0136 | 0.0159 |
| Indonesian rupiah | IDR | 0.0157 | 0.0158 |
| Canadian dollar | CAD | 0.0150 | 0.0148 |
| Vietnamese dong | VND | 0.0127 | 0.0135 |
| Philippines peso | PHP | 0.0094 | 0.0097 |
| Scaling factor | 76.6964 | 76.6649 |
Technical information about the TWI is available on the TWI weights table.
ends
Advertisement - scroll to continue reading
REINZ: Real Estate Institute Of New Zealand Reports Strong Growth In New Zealand's Rural Market
Auckland Zoo: Auckland Zoo’s New Online Conservation Learning Platform Opens Up World Of Opportunity For All
Science Media Centre: Commonwealth Ocean Declaration - Expert Reaction
Christchurch Airport: Christchurch Airport Delivers Big On Freight
Real Estate Authority: Real Estate Consumer Guides Now Available In E-Braille, Audio And Large Print
Banking Ombudsman: Banking Ombudsman Scheme Gets High Mark In Independent Review
