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


Updated weights for Trade-Weighted Index

Date 07 December 2017

Updated weights for Trade-Weighted Index

The annual re-weighting of the Trade-Weighted Index (TWI) takes effect on Friday 8 December 2017.

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 current TWI weights and those that will apply for the next 12 months are:

CurrencySymbolOld weightNew weight
Australian dollarAUD0.20730.2069
Chinese yuanCNY0.19660.2039
United States dollarUSD0.13980.1401
Euro zone euroEUR0.11350.1027
Japanese yenJPY0.06350.0680
United Kingdom poundGBP0.04560.0484
Singapore dollarSGD0.03800.0352
South Korean wonKRW0.03780.0345
Thai bahtTHB0.02950.0314
Malaysian ringgitMYR0.02380.0235
Indian rupeeINR0.02170.0217
Taiwanese dollarTWD0.01750.0174
Indonesian rupiahIDR0.01600.0157
Canadian dollarCAD0.01590.0150
Hong Kong dollarHKD0.01350.0135
Vietnamese dongVND0.01090.0127
Philippines pesoPHP0.00910.0094
Scaling factor 76.658176.6525

Technical information about the TWI is available on the TWI weights table.


© Scoop Media

Business Headlines | Sci-Tech Headlines


NZ's Space Programme: Rocket Lab Reaches Orbit Again

Rocket Lab has continued the success of its 2018 orbital launch program with the launch of seven payloads to orbit. The mission marks Rocket Lab’s second successful orbital launch and deployment of customer satellites. More>>


Supreme Court: Labelling Swamp Kauri Slab A Tabletop Doesn't Make It One

New Zealand's highest court has ruled that exporting slabs of swamp kauri as "tabletops" or swamp kauri logs as "totem or temple poles" is illegal under the Forests Act. More>>


Starting Ending Offshore Drilling: Green Party Celebrate Passing Of Oil And Gas Bill

“This Bill is an essential first step in winding down offshore exploration for new sources of fossil fuels. We are in Government together to do this work, to create the change our people and our planet need to flourish." More>>


Reserve Bank: Official Cash Rate Unchanged

The Official Cash Rate (OCR) remains at 1.75 percent. We expect to keep the OCR at this level through 2019 and into 2020. More>>