|
|
|
|
(Base : 1985 = 100)
|
|
Year / Month
|
Export-based weights
|
Trade-based weights
|
|
|
REER
|
NEER
|
REER
|
NEER
|
|
1
|
2
|
3
|
4
|
5
|
|
Based on Official rate
|
|
|
|
|
1990
|
|
|
|
|
|
Jan
|
75.84
|
71.36
|
77.60
|
72.29
|
|
Feb
|
75.66
|
70.91
|
77.44
|
71.83
|
|
Mar
|
77.02
|
71.71
|
78.70
|
72.52
|
|
Apr
|
77.29
|
71.40
|
79.01
|
72.17
|
|
May
|
76.67
|
70.45
|
78.48
|
71.27
|
|
Jun
|
76.79
|
70.18
|
78.90
|
71.04
|
|
Jul
|
76.22
|
69.07
|
78.41
|
69.97
|
|
Aug
|
74.70
|
67.98
|
76.83
|
68.83
|
|
Sep
|
71.87
|
65.59
|
74.06
|
66.53
|
|
Oct
|
70.15
|
63.71
|
72.46
|
64.78
|
|
Nov
|
70.22
|
63.38
|
72.67
|
64.54
|
|
Dec
|
71.99
|
64.14
|
74.48
|
65.31
|
|
1991
|
|
|
|
|
|
Jan
|
71.93
|
63.91
|
74.43
|
65.12
|
|
Feb
|
70.05
|
61.62
|
72.56
|
62.79
|
|
Mar
|
72.04
|
62.86
|
74.69
|
64.08
|
|
Apr
|
71.50
|
62.29
|
74.31
|
63.63
|
|
May
|
69.49
|
60.61
|
72.23
|
61.89
|
|
Jun
|
68.33
|
60.42
|
70.99
|
61.73
|
|
Jul
|
58.17
|
49.80
|
60.56
|
50.91
|
|
Aug
|
60.14
|
49.04
|
62.54
|
50.10
|
|
Sep
|
59.30
|
48.24
|
61.73
|
49.32
|
|
Oct
|
59.28
|
48.45
|
61.70
|
49.51
|
|
Nov
|
58.27
|
47.77
|
60.55
|
48.74
|
|
Dec
|
56.12
|
45.93
|
59.32
|
47.64
|
|
1992
|
|
|
|
|
|
Jan
|
57.10
|
46.32
|
60.39
|
48.07
|
|
Feb
|
58.08
|
46.66
|
61.83
|
48.66
|
|
Mar
|
60.59
|
47.96
|
64.24
|
49.89
|
|
Apr
|
60.68
|
48.18
|
64.46
|
50.09
|
|
May
|
60.59
|
47.83
|
64.43
|
49.77
|
|
Jun
|
59.72
|
46.87
|
63.67
|
48.87
|
|
Jul
|
59.97
|
46.09
|
63.82
|
48.04
|
|
Aug
|
59.90
|
45.92
|
63.80
|
47.86
|
|
Sep
|
60.48
|
46.12
|
64.46
|
48.15
|
|
Oct
|
62.10
|
47.18
|
66.30
|
49.32
|
|
Nov
|
63.80
|
48.82
|
68.29
|
51.17
|
|
Dec
|
63.42
|
48.44
|
67.96
|
50.83
|
|
1993
|
|
|
|
|
|
Jan
|
63.82
|
49.05
|
68.47
|
51.52
|
|
Feb
|
64.69
|
49.54
|
69.51
|
52.13
|
|
Based on FEDAI rate
|
|
|
|
|
|
|
|
|
|
|
1992
|
|
|
|
|
|
Mar
|
53.30
|
42.16
|
56.53
|
43.87
|
|
Apr
|
50.86
|
40.34
|
54.05
|
41.95
|
|
May
|
51.76
|
40.82
|
55.06
|
42.48
|
|
Jun
|
51.19
|
40.14
|
54.60
|
41.86
|
|
Jul
|
52.50
|
41.02
|
55.74
|
42.43
|
|
Aug
|
53.30
|
41.80
|
56.00
|
42.51
|
|
Sep
|
54.00
|
42.05
|
56.72
|
42.80
|
|
Oct
|
55.60
|
43.07
|
58.37
|
43.90
|
|
Nov
|
57.80
|
44.52
|
60.04
|
45.50
|
|
Dec
|
57.15
|
43.75
|
59.10
|
44.75
|
|
1993
|
|
|
|
|
|
Jan
|
57.16
|
44.12
|
59.25
|
45.18
|
|
Feb
|
54.76
|
42.16
|
56.89
|
43.24
|
|
Mar
|
56.98
|
43.85
|
59.15
|
44.94
|
|
Apr
|
55.81
|
42.86
|
57.95
|
43.93
|
|
May
|
55.92
|
42.78
|
58.14
|
43.89
|
|
Jun
|
56.60
|
42.88
|
58.99
|
44.09
|
|
Jul
|
57.87
|
43.52
|
60.34
|
44.77
|
|
Aug
|
58.42
|
43.32
|
61.02
|
44.63
|
|
Sep
|
58.79
|
42.94
|
61.33
|
44.18
|
|
Oct
|
60.25
|
43.30
|
62.84
|
44.54
|
|
Nov
|
60.76
|
43.83
|
63.37
|
45.06
|
|
Dec
|
61.02
|
44.05
|
63.53
|
45.20
|
|
Based on FEDAI rate
|
|
|
|
|
1994
|
|
|
|
|
|
Jan
|
61.49
|
44.45
|
64.05
|
45.67
|
|
Feb
|
61.31
|
44.08
|
63.98
|
45.36
|
|
Mar
|
60.89
|
43.74
|
63.55
|
44.99
|
|
Apr
|
63.34
|
43.67
|
66.17
|
44.97
|
|
May
|
63.22
|
43.33
|
65.96
|
44.57
|
|
Jun
|
63.60
|
42.99
|
66.31
|
44.20
|
|
Jul
|
63.04
|
42.26
|
65.72
|
43.45
|
|
Aug
|
63.28
|
42.33
|
65.95
|
43.48
|
|
Sep
|
62.85
|
42.05
|
65.53
|
43.19
|
|
Oct
|
62.62
|
41.65
|
65.30
|
42.78
|
|
Nov
|
62.96
|
41.79
|
65.69
|
42.92
|
|
Dec
|
64.25
|
42.27
|
67.07
|
43.41
|
|
1995
|
|
|
|
|
|
Jan
|
64.37
|
42.01
|
67.19
|
43.15
|
|
Feb
|
64.14
|
41.78
|
66.96
|
42.91
|
|
Mar
|
64.84
|
40.31
|
64.60
|
41.44
|
|
Apr
|
62.17
|
39.84
|
65.00
|
40.98
|
|
May
|
62.98
|
40.17
|
65.88
|
41.30
|
|
Jun
|
62.99
|
40.07
|
65.91
|
41.20
|
|
Jul
|
63.78
|
40.21
|
66.63
|
41.28
|
|
Aug
|
64.53
|
40.86
|
67.35
|
41.91
|
|
Sep
|
62.05
|
39.36
|
64.72
|
40.33
|
|
Oct
|
59.41
|
37.59
|
61.92
|
38.49
|
|
Nov
|
59.36
|
37.52
|
61.89
|
38.41
|
|
Dec
|
59.06
|
37.52
|
61.62
|
38.44
|
|
1996
|
|
|
|
|
|
Jan
|
58.10
|
37.05
|
60.58
|
37.93
|
|
Feb
|
56.70
|
36.19
|
59.12
|
37.06
|
|
Mar
|
60.17
|
38.52
|
62.75
|
39.44
|
|
Apr
|
61.47
|
39.02
|
64.09
|
39.94
|
|
May
|
60.59
|
38.28
|
63.25
|
39.21
|
|
Jun
|
60.91
|
38.33
|
63.57
|
39.24
|
|
Jul
|
60.66
|
37.64
|
63.29
|
38.52
|
|
Aug
|
60.35
|
37.28
|
62.97
|
38.15
|
|
Sep
|
60.62
|
37.45
|
63.27
|
38.32
|
|
Oct
|
60.86
|
37.76
|
63.52
|
38.63
|
|
Nov
|
60.27
|
37.38
|
62.90
|
38.23
|
|
Dec
|
60.78
|
37.61
|
63.45
|
38.48
|
|
1997
|
|
|
|
|
|
Jan
|
61.37
|
38.15
|
64.05
|
39.03
|
|
Feb
|
62.74
|
38.96
|
65.50
|
39.85
|
|
Mar
|
63.02
|
39.18
|
65.84
|
40.09
|
|
Apr
|
64.25
|
39.43
|
67.17
|
40.34
|
|
May
|
63.50
|
39.03
|
66.47
|
39.99
|
|
Jun
|
63.60
|
38.90
|
66.68
|
39.92
|
|
Jul
|
64.45
|
39.43
|
67.66
|
40.51
|
|
Aug
|
65.40
|
40.02
|
68.68
|
41.13
|
|
Sep
|
64.92
|
39.53
|
68.22
|
40.63
|
|
Oct
|
65.25
|
39.66
|
68.64
|
40.79
|
|
Nov
|
63.51
|
38.74
|
66.81
|
39.85
|
|
Dec
|
61.86
|
37.68
|
65.22
|
38.82
|
|
1998
|
|
|
|
|
|
Jan
|
63.27
|
38.39
|
66.87
|
39.60
|
|
Feb
|
62.91
|
38.41
|
66.38
|
39.55
|
|
Mar
|
62.15
|
37.90
|
65.51
|
38.97
|
|
Apr
|
62.83
|
37.72
|
66.19
|
38.79
|
|
May
|
62.39
|
37.25
|
65.68
|
38.25
|
|
Jun
|
61.08
|
36.13
|
64.29
|
37.07
|
|
Jul
|
61.20
|
35.96
|
64.49
|
36.92
|
|
Aug
|
60.99
|
35.94
|
64.32
|
36.92
|
|
Sep
|
59.67
|
35.09
|
62.92
|
36.06
|
|
Oct
|
58.61
|
34.12
|
61.89
|
35.14
|
|
Nov
|
59.21
|
34.28
|
62.51
|
35.32
|
|
Dec
|
58.50
|
33.93
|
61.80
|
34.96
|
|
|
|
|
|
(Base : 1985 = 100)
|
|
Year / Month
|
Export-based weights
|
Trade-based weights
|
|
|
|
REER
|
NEER
|
REER
|
NEER
|
|
1
|
|
2
|
3
|
4
|
5
|
|
1999
|
|
|
|
|
|
|
Jan
|
|
57.91
|
33.97
|
61.23
|
35.02
|
|
Feb
|
|
59.18
|
34.50
|
62.56
|
35.56
|
|
Mar
|
|
59.96
|
34.98
|
63.40
|
36.07
|
|
Apr
|
|
59.81
|
34.88
|
63.25
|
35.95
|
|
May
|
|
60.06
|
34.96
|
63.45
|
36.01
|
|
Jun
|
|
60.04
|
34.81
|
63.51
|
35.89
|
|
Jul
|
|
60.12
|
34.80
|
63.64
|
35.92
|
|
Aug
|
|
59.23
|
34.07
|
62.73
|
35.18
|
|
Sep
|
|
59.06
|
33.84
|
62.59
|
34.99
|
|
Oct
|
|
59.01
|
33.51
|
62.58
|
34.66
|
|
Nov
|
|
59.69
|
33.91
|
63.40
|
35.12
|
|
Dec
|
|
59.19
|
33.91
|
62.91
|
35.16
|
|
2000
|
|
|
|
|
|
|
Jan
|
|
59.09
|
33.91
|
62.74
|
35.13
|
|
Feb
|
|
59.94
|
34.45
|
63.66
|
35.67
|
|
Mar
|
|
61.18
|
34.56
|
65.07
|
35.83
|
|
Apr
|
|
62.23
|
34.69
|
66.29
|
36.01
|
|
May
|
|
63.07
|
35.18
|
67.21
|
36.53
|
|
Jun
|
|
61.34
|
34.15
|
65.30
|
35.40
|
|
Jul
|
|
61.68
|
34.31
|
65.65
|
35.57
|
|
Aug
|
|
61.15
|
33.95
|
65.15
|
35.23
|
|
Sep
|
|
61.98
|
34.24
|
66.08
|
35.56
|
|
Oct
|
|
63.26
|
34.27
|
67.53
|
35.64
|
|
Nov
|
|
63.09
|
34.11
|
67.30
|
35.46
|
|
Dec
|
|
62.52
|
33.73
|
66.57
|
34.97
|
|
2001
|
|
|
|
|
|
|
Jan
|
|
62.60
|
33.79
|
66.51
|
34.95
|
|
Feb
|
|
62.89
|
34.05
|
66.89
|
35.23
|
|
Mar
|
|
63.81
|
34.46
|
67.86
|
35.66
|
|
Apr
|
|
64.36
|
34.71
|
68.39
|
35.91
|
|
May
|
|
64.33
|
34.74
|
68.37
|
35.94
|
|
Jun
|
|
64.95
|
35.02
|
69.06
|
36.24
|
|
Jul
|
|
65.01
|
34.92
|
69.11
|
36.14
|
|
Aug
|
|
63.89
|
34.19
|
67.91
|
35.38
|
|
Sep
|
|
62.77
|
33.66
|
66.74
|
34.83
|
|
Oct
|
|
63.21
|
33.65
|
67.19
|
34.81
|
|
Nov
|
|
63.67
|
33.88
|
67.67
|
35.04
|
|
Dec
|
|
64.16
|
34.20
|
68.08
|
35.31
|
|
2002
|
|
|
|
|
|
|
Jan
|
|
63.76
|
34.24
|
67.58
|
35.32
|
|
Feb
|
|
63.39
|
34.17
|
67.20
|
35.25
|
|
Mar
|
|
68.88
|
37.12
|
73.83
|
38.89
|
|
Apr
|
|
69.05
|
36.81
|
74.10
|
38.55
|
|
May
|
|
67.84
|
36.09
|
72.77
|
37.79
|
|
Jun
|
|
67.47
|
35.50
|
72.39
|
37.16
|
|
Jul
|
|
66.67
|
34.87
|
71.56
|
36.52
|
|
Aug
|
|
67.95
|
35.30
|
72.96
|
36.98
|
|
Sep
|
|
68.28
|
35.36
|
73.21
|
37.04
|
|
Oct
|
|
68.65
|
35.61
|
73.55
|
37.27
|
|
Nov
|
|
68.58
|
35.49
|
73.45
|
37.14
|
|
Dec
|
|
67.80
|
35.22
|
72.56
|
36.84
|
|
2003
|
|
|
|
|
|
|
Jan
|
|
66.84
|
34.74
|
71.48
|
36.31
|
|
Feb
|
|
67.50
|
34.91
|
72.06
|
36.42
|
|
Mar
|
|
68.39
|
35.02
|
73.00
|
36.53
|
|
Apr
|
|
69.53
|
35.25
|
74.14
|
36.72
|
|
May
|
|
68.29
|
34.52
|
72.67
|
35.88
|
|
Jun
|
P
|
68.70
|
34.69
|
73.07
|
36.03
|
|
Jul
|
P
|
70.07
|
35.44
|
74.55
|
36.83
|
|
Aug
|
P
|
71.10
|
35.98
|
75.71
|
37.42
|
|
Sep
|
P
|
71.12
|
35.65
|
75.75
|
37.09
|
|
Oct
|
P
|
70.43
|
35.22
|
75.04
|
36.65
|
|
Nov
|
P
|
70.17
|
34.94
|
74.72
|
36.34
|
|
Dec
|
P
|
68.74
|
34.25
|
73.11
|
35.58
|
|
2004
|
|
|
|
|
|
|
Jan
|
P
|
68.58
|
33.89
|
72.88
|
35.18
|
|
Feb
|
P
|
68.97
|
33.97
|
73.32
|
35.26
|
|
Mar
|
P
|
70.23
|
34.69
|
74.72
|
36.03
|
|
Apr
|
P
|
72.35
|
35.58
|
77.01
|
36.97
|
|
May
|
P
|
70.38
|
34.43
|
74.78
|
35.72
|
|
P Provisional.
|
|
|
|
|
Note
: 1. The indices of REER are recalculated from April 1994 onwards using
the new Wholesale Price Index (WPI)series (Base:1993-94 = 100).
|
|
2. The REER and NEER indices are estimated using the common price index
and the exchange rate for
the Euro, thus representing 31 countries and the Euro area w.e.f. 01.03.2002.
|
|
3. Under the Liberalised Exchange Rate Management System (LERMS), a
dual exchange rate structure
characterised by the co-existence of the official exchange rate and the
market (FEDAI) rate remained in
operation from March 1, 1992 to February 28, 1993.
|
|