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Date : Sep 15, 2017
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)
(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 Nov 112.10 75.01 109.85 73.94
Feb 113.12 87.73 110.28 86.10 Dec 110.94 74.62 108.74 73.64
Mar 111.04 85.89 107.95 84.05 2015        
Apr 108.35 83.17 105.41 81.31 Jan 112.39 75.64 110.05 74.54
May 105.01 79.96 102.19 78.24 Feb 114.65 77.27 112.01 76.00
Jun 104.31 78.45 101.30 76.75 Mar 115.58 78.02 113.16 76.80
Jul 106.95 79.30 103.79 77.56 Apr 114.39 78.21 111.83 76.31
Aug 107.34 78.94 104.18 77.20 May 112.32 76.45 109.85 74.57
Sep 108.70 79.60 105.59 77.88 Jun 113.87 76.71 111.32 74.88
Oct 112.15 81.78 108.97 80.04 Jul 115.13 77.59 112.58 75.81
Nov 109.46 79.44 106.25 77.70 Aug 114.81 76.68 112.45 75.06
Dec 109.09 79.27 105.83 77.52 Sep 114.34 76.05 112.06 74.42
2013         Oct 116.43 77.08 114.04 75.38
Jan 110.13 79.66 106.89 77.96 Nov 116.26 76.49 114.02 74.86
Feb 111.63 80.66 108.33 78.97 Dec 115.34 76.18 113.11 74.58
Mar 111.34 80.39 108.08 78.70 2016        
Apr 110.96 80.48 108.03 78.64 Jan 115.22 76.17 113.06 74.63
May 110.78 79.81 107.99 78.05 Feb 112.18 74.52 109.90 72.98
Jun 106.10 75.42 103.25 73.71 Mar 112.96 75.31 110.61 73.67
Jul 106.14 74.66 104.02 73.53 Apr 113.78 75.43 111.23 73.38
Aug 101.43 70.63 99.47 69.61 May 114.45 75.30 112.11 73.37
Sep 101.25 69.95 99.32 68.93 Jun 115.07 75.02 112.91 73.26
Oct 104.72 71.80 102.69 70.77 Jul 116.10 75.51 114.17 73.96
Nov 104.88 71.01 102.88 69.98 Aug 116.07 75.49 114.15 73.93
Dec 104.99 71.91 102.99 70.87 Sep 116.21 75.87 114.39 74.31
2014         Oct 117.33 76.45 115.50 74.85
Jan 104.72 72.12 102.75 71.08 Nov 117.61 76.71 115.79 75.02
Feb 103.99 71.89 101.97 70.82 Dec 117.71 77.25 116.01 75.61
Mar 105.79 72.98 103.82 71.90 2017        
Apr 106.81 73.94 104.64 72.79 Jan 116.44 76.99 114.69 75.23
May 109.25 75.31 107.06 74.13 Feb 117.30 77.63 115.49 75.83
Jun 109.36 74.88 107.12 73.74 Mar 119.26 79.02 117.56 77.21
Jul 110.54 74.50 108.32 73.43 Apr 121.27 80.53 119.34 78.66
Aug 110.49 73.85 108.17 72.72 May 120.95 80.22 119.08 78.40
Sep 111.35 74.73 109.09 73.59 Jun 120.25 79.76 118.25 77.85
Oct 111.43 74.81 109.11 73.69 Jul 119.86 79.49 117.89 77.61
Note: 1. Real Effective Exchange Rate (REER) are based on CPI.
2. Data for 2015, 2016 and 2017 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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