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Table 148 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee (36- Currency Bilateral Weights) (Calendar Year - Annual Average)

Year

Export-based Weights

Trade-based Weights

REER

NEER

REER

NEER

1

2

3

4

5

(Base : 1993-94 = 100)

1993

100.16

99.62

100.12

99.61

1994

103.70

99.27

103.41

99.83

1995

102.83

93.71

101.24

94.37

1996

97.75

88.26

95.63

88.54

1997

102.42

91.55

100.16

91.67

1998

96.51

90.37

94.70

89.24

1999

94.74

90.36

95.10

90.61

2000

97.85

90.46

99.06

92.06

2001

98.86

89.27

100.82

91.51

2002

96.49

87.60

98.91

90.02

2003

98.13

87.71

99.05

87.70

2004

98.20

87.84

99.63

86.85

(Base : 2004-05 = 100)

2005

102.48

101.97

102.67

101.90

2006

100.86

98.61

101.16

98.36

2007

107.37

104.39

107.52

103.73

2008

101.64

97.42

101.41

96.48

2009

94.36

90.56

93.79

90.23

2010

104.74

94.80

102.87

93.77

2011

105.62

91.09

102.98

89.41

2012

98.22

81.52

95.46

79.78

Note : 1. Data for 2011 and 2012 are provisional.
2. REER indices are recalculated from April 1993 onwards using the new Wholesale Price Index (WPI) series (Base : 1993-94 = 100).
3. The Base year is changed from 1993-94 to 2004-05.
4. A new 36-currency REER and NEER series has been introduced with effect from December 2005. The details regarding the new series are available in the December 2005 issue of RBI Monthly Bulletin.
5. Annual average for 1993 is calculated taking data from April 1993 to December 1993.
Also see Notes on Tables.

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