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Document - Table 207 : Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee (40-Currency Basket) (Monthly Average) () or PDF - Table 207 : Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee (40-Currency Basket) (Monthly Average) ()
Date : Jul 31, 2026
Table 207 : Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) of the Indian Rupee (40-Currency Basket) (Monthly Average)
Year/Month Trade-Weighted Export-Weighted Year/Month Trade-Weighted Export-Weighted
NEER REER NEER REER NEER REER NEER REER
1 2 3 4 5 1 2 3 4 5
2021 (Base : 2015-16=100) 2024 (Base : 2015-16=100)
Jan 93.71 102.98 93.30 102.55 Jan 90.70 103.69 93.24 101.21
Feb 94.23 103.48 93.78 103.08 Feb 91.94 104.75 94.37 102.04
Mar 95.01 103.95 94.52 103.39 Mar 92.07 104.58 94.51 101.69
Apr 92.26 102.21 92.40 101.13 Apr 91.99 104.53 94.19 101.48
May 93.25 104.77 93.42 103.65 May 91.94 104.85 94.23 101.84
Jun 93.03 104.79 93.22 103.57 Jun 92.11 106.30 94.59 103.43
Jul 92.63 104.88 92.79 103.56 Jul 91.91 107.47 94.38 104.50
Aug 93.19 105.23 93.36 103.95 Aug 90.79 105.53 93.46 102.90
Sep 93.92 106.04 94.11 104.69 Sep 90.35 105.40 93.06 102.76
Oct 93.00 105.70 93.22 104.29 Oct 90.85 107.32 93.46 104.37
Nov 93.50 106.47 94.03 105.33 Nov 91.68 108.03 94.16 104.92
Dec 92.95 105.06 93.73 104.09 Dec 91.53 106.92 93.92 103.78
2022         2025        
Jan 93.94 105.36 94.70 104.23 Jan 90.70 104.49 93.11 101.43
Feb 93.16 104.10 93.90 102.92 Feb 89.30 102.34 91.93 99.59
Mar 92.74 103.34 93.71 102.24 Mar 89.00 101.72 91.71 98.95
Apr 93.10 105.03 94.71 103.69 Apr 88.99 101.56 90.93 98.78
May 93.10 105.35 94.68 103.76 May 88.35 101.03 90.51 98.47
Jun 92.37 104.24 94.20 102.69 Jun 86.92 99.93 89.08 97.34
Jul 91.83 103.72 93.77 102.25 Jul 86.48 100.08 88.56 97.37
Aug 92.02 104.01 93.95 102.45 Aug 85.39 98.75 87.35 95.96
Sep 92.81 104.92 94.58 103.08 Sep 84.48 97.31 86.27 94.36
Oct 91.66 104.16 93.20 101.94 Oct 84.50 97.14 86.40 94.24
Nov 91.39 103.53 92.99 101.36 Nov 84.27 97.20 86.20 94.38
Dec 89.27 100.39 91.00 98.57 Dec 82.64 95.11 84.60 92.44
2023         2026        
Jan 89.06 100.24 91.04 98.72 Jan 82.14 94.78 84.59 92.70
Feb 88.45 99.39 90.64 97.97 Feb 81.70 93.99 84.28 92.13
Mar 89.28 100.11 91.35 98.39 Mar 80.80 92.57 83.32 90.49
Apr 89.09 100.27 91.54 98.38 Apr 79.66 90.97 82.32 88.87
May 89.19 100.80 91.58 98.78 May 77.72 89.21 80.55 87.32
Jun 90.32 102.92 92.59 100.60          
Jul 90.69 106.17 92.97 103.65          
Aug 90.86 105.44 93.09 102.77          
Sep 91.29 104.16 93.55 101.45          
Oct 91.71 105.15 94.03 102.44          
Nov 90.80 104.75 93.23 102.19          
Dec 90.31 103.61 92.83 101.20          
Notes : 1. REER figures are based on Consumer Price Index.
2. Data for 2025 and 2026 are provisional.
3. The details on methodology used for compilation of NEER/REER indices are available in December 2005, April 2014 and January 2021 issues of the RBI Bulletin.
Also see Notes on Tables.