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Updated weights for Trade-Weighted Index
Updated weights for Trade-Weighted Index
The annual re-weighting of the Trade-Weighted Index (TWI) will take effect on Wednesday 16 December 2015.
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 | 0.2198 | 0.2199 |
| Chinese yuan | CNY | 0.2009 | 0.1801 |
| United States dollar | USD | 0.1234 | 0.1448 |
| Euro zone euro | EUR | 0.1087 | 0.1097 |
| Japanese yen | JPY | 0.0631 | 0.0646 |
| United Kingdom pound | GBP | 0.0434 | 0.0470 |
| Singapore dollar | SGD | 0.0434 | 0.0391 |
| South Korean won | KRW | 0.0397 | 0.0390 |
| Malaysian ringgit | MYR | 0.0328 | 0.0287 |
| Thai baht | THB | 0.0258 | 0.0276 |
| Taiwanese dollar | TWD | 0.0174 | 0.0180 |
| Indian rupee | INR | 0.0149 | 0.0175 |
| Indonesian rupiah | IDR | 0.0180 | 0.0162 |
| Canadian dollar | CAD | 0.0147 | 0.0147 |
| Hong Kong dollar | HKD | 0.0133 | 0.0130 |
| Vietnamese dong | VND | 0.0104 | 0.0106 |
| Philippines peso | PHP | 0.0103 | 0.0095 |
| Scaling factor | 76.4400 | 76.6018 |
Technical information about the TWI is available here. http://www.rbnz.govt.nz/statistics/tables/b10/
ENDS
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