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Date : Sep 16, 2016
Table 210 : 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
2012 (Base: 2004-05 = 100) 2014 (Base: 2004-05 = 100)
Jan 108.83 84.71 105.98 82.97 Jul 110.55 74.50 108.34 73.42
Feb 113.12 87.73 110.28 86.10 Aug 110.50 73.84 108.18 72.71
Mar 111.04 85.89 107.95 84.05 Sep 111.35 74.73 109.10 73.58
Apr 108.35 83.17 105.41 81.31 Oct 111.43 74.81 109.13 73.68
May 105.01 79.96 102.19 78.24 Nov 112.11 75.01 109.87 73.93
Jun 104.31 78.45 101.30 76.75 Dec 110.95 74.62 108.76 73.63
Jul 106.95 79.30 103.79 77.56 2015        
Aug 107.34 78.94 104.18 77.20 Jan 112.40 75.64 110.07 74.53
Sep 108.70 79.60 105.59 77.88 Feb 114.66 77.27 112.03 75.99
Oct 112.15 81.78 108.97 80.04 Mar 115.59 78.02 113.18 76.79
Nov 109.46 79.44 106.25 77.70 Apr 114.39 78.21 111.84 76.30
Dec 109.09 79.27 105.83 77.52 May 112.32 76.44 109.85 74.56
2013         Jun 113.87 76.70 111.32 74.87
Jan 110.13 79.66 106.89 77.96 Jul 115.14 77.59 112.58 75.80
Feb 111.63 80.66 108.33 78.97 Aug 114.81 76.67 112.45 75.05
Mar 111.34 80.39 108.08 78.70 Sep 114.34 76.04 112.06 74.41
Apr 110.96 80.48 108.03 78.64 Oct 116.44 77.08 114.04 75.37
May 110.78 79.81 107.99 78.05 Nov 116.26 76.49 114.03 74.85
Jun 106.10 75.42 103.25 73.71 Dec 115.34 76.18 113.12 74.57
Jul 106.14 74.66 104.02 73.53 2016        
Aug 101.43 70.63 99.47 69.61 Jan 115.22 76.17 113.07 74.62
Sep 101.25 69.95 99.32 68.93 Feb 112.18 74.51 109.90 72.97
Oct 104.72 71.80 102.69 70.77 Mar 112.97 75.30 110.62 73.66
Nov 104.88 71.01 102.88 69.98 Apr 113.51 75.18 110.96 73.50
Dec 104.99 71.91 102.99 70.87 May 114.17 75.05 111.86 73.47
2014         Jun 113.77 74.79 111.62 73.32
Jan 104.72 72.12 102.75 71.08 Jul 114.30 75.13 112.58 73.95
Feb 103.99 71.89 101.97 70.82          
Mar 105.79 72.98 103.82 71.90          
Apr 106.82 73.94 104.65 72.77          
May 109.26 75.31 107.08 74.12          
Jun 109.37 74.88 107.13 73.73          
Note: 1. Real Effective Exchange Rate (REER) are based on CPI.
2. Data for 2014, 2015 and 2016 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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