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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.


ends

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