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Date : Sep 15, 2018
Table 204 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of the Indian Rupee (36- Currency Bilateral Weights) (Monthly Average)
Year/Month Export-based Weights Trade-based Weights Year/Month Export-based Weights Trade-based Weights
REER NEER REER NEER REER NEER REER NEER
1 2 3 4 5 1 2 3 4 5
2013 (Base: 2004-05 = 100) 2015 (Base: 2004-05 = 100)
Jan 110.13 79.66 106.89 77.96 Nov 116.26 76.49 114.03 74.85
Feb 111.63 80.66 108.33 78.97 Dec 115.34 76.18 113.13 74.57
Mar 111.34 80.39 108.08 78.70 2016        
Apr 110.96 80.48 108.03 78.64 Jan 115.22 76.17 113.07 74.62
May 110.78 79.81 107.99 78.05 Feb 112.19 74.51 109.91 72.97
Jun 106.10 75.42 103.25 73.71 Mar 112.97 75.30 110.62 73.66
Jul 106.14 74.66 104.02 73.53 Apr 113.78 75.42 111.24 73.38
Aug 101.43 70.63 99.47 69.61 May 114.45 75.29 112.12 73.36
Sep 101.25 69.95 99.32 68.93 Jun 115.07 75.01 112.92 73.26
Oct 104.72 71.80 102.69 70.77 Jul 116.10 75.50 114.18 73.95
Nov 104.88 71.01 102.88 69.98 Aug 116.07 75.48 114.16 73.92
Dec 104.99 71.91 102.99 70.87 Sep 116.21 75.86 114.40 74.30
2014         Oct 117.33 76.44 115.51 74.84
Jan 104.72 72.12 102.75 71.08 Nov 117.61 76.71 115.79 75.01
Feb 103.99 71.89 101.97 70.82 Dec 117.71 77.24 116.02 75.60
Mar 105.79 72.98 103.82 71.90 2017        
Apr 106.81 73.94 104.64 72.79 Jan 116.43 76.98 114.69 75.22
May 109.25 75.31 107.06 74.13 Feb 117.29 77.62 115.50 75.82
Jun 109.36 74.88 107.12 73.74 Mar 119.25 79.02 117.57 77.19
Jul 110.54 74.50 108.32 73.43 Apr 121.78 80.28 119.75 78.45
Aug 110.49 73.85 108.17 72.72 May 121.45 79.96 119.48 78.19
Sep 111.35 74.73 109.09 73.59 Jun 121.38 79.59 119.13 77.73
Oct 111.43 74.81 109.11 73.69 Jul 122.41 79.21 120.02 77.35
Nov 112.10 75.01 109.85 73.94 Aug 123.59 79.36 121.14 77.45
Dec 110.94 74.62 108.74 73.64 Sep 121.46 78.40 119.16 76.46
2015         Oct 121.70 78.20 119.57 76.33
Jan 112.39 75.64 110.05 74.54 Nov 123.85 78.67 121.81 76.78
Feb 114.65 77.27 112.01 76.00 Dec 124.17 79.15 122.05 77.21
Mar 115.58 78.02 113.16 76.80 2018        
Apr 114.39 78.21 111.83 76.31 Jan 122.59 78.94 120.35 76.81
May 112.32 76.45 109.85 74.57 Feb 119.95 77.78 117.44 75.56
Jun 113.87 76.71 111.32 74.88 Mar 118.89 77.11 116.61 74.94
Jul 115.13 77.59 112.58 75.81 Apr 118.44 76.72 116.05 74.62
Aug 114.81 76.68 112.45 75.06 May 117.15 75.74 114.94 73.73
Sep 114.34 76.05 112.06 74.42 Jun 117.97 76.10 115.67 74.10
Oct 116.44 77.08 114.05 75.37 Jul 117.10 75.54 115.32 73.87
Notes : 1. Real Effective Exchange Rate (REER) are based on CPI.
2. Data for 2016, 2017 and 2018 are provisional.
3. The details on methodology used for compilation of REER (CPI-based) are available in the article ‘Real Effective Exchange Rate based on CPI as Price Index for India’ published in April 2014 issue of RBI Monthly Bulletin.
Also see Notes on Tables.

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