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
Advertisement - scroll to continue reading
Business Canterbury: Urges Council To Cut Costs, Not Ambition For City
Wellington Airport: On Track For Net Zero Emissions By 2028
Landcare Research: ANZAC Gall Fly Release Promises Natural Solution To Weed Threat
NZ Anti-Vivisection Society: Auckland Rat Lovers Unite!
University of Canterbury: $1.35 Million Grant To Study Lion-like Jumping Spiders
Federated Farmers: Government Ends War On Farming
