Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

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

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
GenPro: General Practices Begin Issuing Clause 14 Notices

GenPro has been copied into a rising number of Clause 14 notices issued since the NZNO lodged its Primary Practice Pay Equity Claim against General Practice employers in December 2023.More

SPADA: Screen Industry Unites For Streaming Platform Regulation & Intellectual Property Protections

In an unprecedented international collaboration, representatives of screen producing organisations from around the world have released a joint statement.More

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.