Table 179 : Indices of Real Effective Exchange Rate (REER) and Nominal Effective Exchange Rate (NEER) of The Indian Rupee
(36 - country bilateral weights) |
(Monthly Average) |
|
|
|
|
|
|
|
|
|
(Base : 1985=100) |
||
Export-based |
Trade-based |
Export-based |
Trade-based |
||||||||
Year/Month |
Weights |
Weights |
Year/Month |
Weights |
Weights |
||||||
|
REER |
NEER |
REER |
NEER |
|
|
REER |
NEER |
REER |
NEER |
|
1 |
2 |
3 |
4 |
5 |
|
1 |
2 |
3 |
4 |
5 |
|
OFFICIAL RATE |
|||||||||||
1990 |
1995 |
||||||||||
Jan |
75.84 |
71.36 |
77.60 |
72.29 |
Jan |
64.37 |
42.01 |
67.19 |
43.15 |
||
Feb |
75.66 |
70.91 |
77.44 |
71.83 |
Feb |
64.14 |
41.78 |
66.96 |
42.91 |
||
Mar |
77.02 |
71.71 |
78.70 |
72.52 |
Mar |
61.84 |
40.31 |
64.60 |
41.44 |
||
Apr |
77.29 |
71.40 |
79.01 |
72.17 |
Apr |
62.17 |
39.84 |
65.00 |
40.98 |
||
May |
76.67 |
70.45 |
78.48 |
71.27 |
May |
62.98 |
40.17 |
65.88 |
41.30 |
||
Jun |
76.79 |
70.18 |
78.90 |
71.04 |
Jun |
62.99 |
40.07 |
65.91 |
41.20 |
||
Jul |
76.22 |
69.07 |
78.41 |
69.97 |
Jul |
63.78 |
40.21 |
66.63 |
41.28 |
||
Aug |
74.70 |
67.98 |
76.83 |
68.83 |
Aug |
64.53 |
40.86 |
67.35 |
41.91 |
||
Sep |
71.87 |
65.59 |
74.06 |
66.53 |
Sep |
62.05 |
39.36 |
64.72 |
40.33 |
||
Oct |
70.15 |
63.71 |
72.46 |
64.78 |
Oct |
59.41 |
37.59 |
61.92 |
38.49 |
||
Nov |
70.22 |
63.38 |
72.67 |
64.54 |
Nov |
59.36 |
37.52 |
61.89 |
38.41 |
||
Dec |
71.99 |
64.14 |
74.48 |
65.31 |
Dec |
59.06 |
37.52 |
61.62 |
38.44 |
||
1991 |
1996 |
||||||||||
Jan |
71.93 |
63.91 |
74.43 |
65.12 |
Jan |
58.10 |
37.05 |
60.58 |
37.93 |
||
Feb |
70.05 |
61.62 |
72.56 |
62.79 |
Feb |
56.70 |
36.19 |
59.12 |
37.06 |
||
Mar |
72.04 |
62.86 |
74.69 |
64.08 |
Mar |
60.17 |
38.52 |
62.75 |
39.44 |
||
Apr |
71.50 |
62.29 |
74.31 |
63.63 |
Apr |
61.47 |
39.02 |
64.09 |
39.94 |
||
May |
69.49 |
60.61 |
72.23 |
61.89 |
May |
60.59 |
38.28 |
63.25 |
39.21 |
||
Jun |
68.33 |
60.42 |
70.99 |
61.73 |
Jun |
60.91 |
38.33 |
63.57 |
39.24 |
||
Jul |
58.17 |
49.80 |
60.56 |
50.91 |
Jul |
60.66 |
37.64 |
63.29 |
38.52 |
||
Aug |
60.14 |
49.04 |
62.54 |
50.10 |
Aug |
60.35 |
37.28 |
62.97 |
38.15 |
||
Sep |
59.30 |
48.24 |
61.73 |
49.32 |
Sep |
60.62 |
37.45 |
63.27 |
38.32 |
||
Oct |
59.28 |
48.45 |
61.70 |
49.51 |
Oct |
60.86 |
37.76 |
63.52 |
38.63 |
||
Nov |
58.27 |
47.77 |
60.55 |
48.74 |
Nov |
60.27 |
37.38 |
62.90 |
38.23 |
||
Dec |
56.12 |
45.93 |
59.32 |
47.64 |
Dec |
60.78 |
37.61 |
63.45 |
38.48 |
||
1992 |
1997 |
||||||||||
Jan |
57.10 |
46.32 |
60.39 |
48.07 |
Jan |
61.37 |
38.15 |
64.05 |
39.03 |
||
Feb |
58.08 |
46.66 |
61.83 |
48.66 |
Feb |
62.74 |
38.96 |
65.50 |
39.85 |
||
Mar |
60.59 |
47.96 |
64.24 |
49.89 |
Mar |
63.02 |
39.18 |
65.84 |
40.09 |
||
Apr |
60.68 |
48.18 |
64.46 |
50.09 |
Apr |
64.25 |
39.43 |
67.17 |
40.34 |
||
May |
60.59 |
47.83 |
64.43 |
49.77 |
May |
63.50 |
39.03 |
66.47 |
39.99 |
||
Jun |
59.72 |
46.87 |
63.67 |
48.87 |
Jun |
63.60 |
38.90 |
66.68 |
39.92 |
||
Jul |
59.97 |
46.09 |
63.82 |
48.04 |
Jul |
64.45 |
39.43 |
67.66 |
40.51 |
||
Aug |
59.90 |
45.92 |
63.80 |
47.86 |
Aug |
65.40 |
40.02 |
68.68 |
41.13 |
||
Sep |
60.48 |
46.12 |
64.46 |
48.15 |
Sep |
64.92 |
39.53 |
68.22 |
40.63 |
||
Oct |
62.10 |
47.18 |
66.30 |
49.32 |
Oct |
65.25 |
39.66 |
68.64 |
40.79 |
||
Nov |
63.80 |
48.82 |
68.29 |
51.17 |
Nov |
63.51 |
38.74 |
66.81 |
39.85 |
||
Dec |
63.42 |
48.44 |
67.96 |
50.83 |
Dec |
61.86 |
37.68 |
65.22 |
38.82 |
||
1993 |
1998 |
||||||||||
Jan |
63.82 |
49.05 |
68.47 |
51.52 |
Jan |
63.27 |
38.39 |
66.87 |
39.60 |
||
Feb |
64.69 |
49.54 |
69.51 |
52.13 |
Feb |
62.91 |
38.41 |
66.38 |
39.55 |
||
Mar |
62.15 |
37.90 |
65.51 |
38.97 |
|||||||
FEDAI RATE |
|||||||||||
1992 |
Apr |
62.83 |
37.72 |
66.19 |
38.79 |
||||||
Mar |
53.30 |
42.16 |
56.53 |
43.87 |
May |
62.39 |
37.25 |
65.68 |
38.25 |
||
Apr |
50.86 |
40.34 |
54.05 |
41.95 |
Jun |
61.08 |
36.13 |
64.29 |
37.07 |
||
May |
51.76 |
40.82 |
55.06 |
42.48 |
Jul |
61.20 |
35.96 |
64.49 |
36.92 |
||
Jun |
51.19 |
40.14 |
54.60 |
41.86 |
Aug |
60.99 |
35.94 |
64.32 |
36.92 |
||
Jul |
52.50 |
41.02 |
55.74 |
42.43 |
Sep |
59.67 |
35.09 |
62.92 |
36.06 |
||
Aug |
53.30 |
41.80 |
56.00 |
42.51 |
Oct |
58.61 |
34.12 |
61.89 |
35.14 |
||
Sep |
54.00 |
42.05 |
56.72 |
42.80 |
Nov |
59.21 |
34.28 |
62.51 |
35.32 |
||
Oct |
55.60 |
43.07 |
58.37 |
43.90 |
Dec |
58.50 |
33.93 |
61.80 |
34.96 |
||
Nov |
57.80 |
44.52 |
60.04 |
45.50 |
1999 |
||||||
Dec |
57.15 |
43.75 |
59.10 |
44.75 |
Jan |
57.91 |
33.97 |
61.23 |
35.02 |
||
1993 |
Feb |
59.18 |
34.50 |
62.56 |
35.56 |
||||||
Jan |
57.16 |
44.12 |
59.25 |
45.18 |
Mar |
59.96 |
34.98 |
63.40 |
36.07 |
||
Feb |
54.76 |
42.16 |
56.89 |
43.24 |
Apr |
59.81 |
34.88 |
63.25 |
35.95 |
||
Mar |
56.98 |
43.85 |
59.15 |
44.94 |
May |
60.06 |
34.96 |
63.45 |
36.01 |
||
Apr |
55.81 |
42.86 |
57.95 |
43.93 |
Jun |
60.04 |
34.81 |
63.51 |
35.89 |
||
May |
55.92 |
42.78 |
58.14 |
43.89 |
Jul |
60.12 |
34.80 |
63.64 |
35.92 |
||
Jun |
56.60 |
42.88 |
58.99 |
44.09 |
Aug |
59.23 |
34.07 |
62.73 |
35.18 |
||
Jul |
57.87 |
43.52 |
60.34 |
44.77 |
Sep |
59.06 |
33.84 |
62.59 |
34.99 |
||
Aug |
58.42 |
43.32 |
61.02 |
44.63 |
Oct |
59.01 |
33.51 |
62.58 |
34.66 |
||
Sep |
58.79 |
42.94 |
61.33 |
44.18 |
Nov |
P |
59.69 |
33.91 |
63.40 |
35.12 |
|
Oct |
60.25 |
43.30 |
62.84 |
44.54 |
Dec |
P |
59.19 |
33.91 |
62.91 |
35.16 |
|
Nov |
60.76 |
43.83 |
63.37 |
45.06 |
2000 |
||||||
Dec |
61.02 |
44.05 |
63.53 |
45.20 |
Jan |
P |
59.09 |
33.91 |
62.74 |
35.13 |
|
1994 |
Feb |
P |
59.94 |
34.45 |
63.66 |
35.67 |
|||||
Jan |
61.49 |
44.45 |
64.05 |
45.67 |
Mar |
P |
61.17 |
34.56 |
65.06 |
35.83 |
|
Feb |
61.31 |
44.08 |
63.98 |
45.36 |
Apr |
P |
62.22 |
34.69 |
66.28 |
36.00 |
|
Mar |
60.89 |
43.74 |
63.55 |
44.99 |
May |
P |
63.04 |
35.18 |
67.18 |
36.52 |
|
Apr |
63.34 |
43.67 |
66.17 |
44.97 |
Jun |
P |
61.29 |
34.13 |
65.27 |
35.40 |
|
May |
63.22 |
43.33 |
65.96 |
44.57 |
Jul |
P |
61.65 |
34.30 |
65.64 |
35.57 |
|
Jun |
63.60 |
42.99 |
66.31 |
44.20 |
Aug |
P |
61.12 |
33.95 |
65.13 |
35.23 |
|
Jul |
63.04 |
42.26 |
65.72 |
43.45 |
Sep |
P |
61.81 |
34.25 |
65.95 |
35.58 |
|
Aug |
63.28 |
42.33 |
65.95 |
43.48 |
Oct |
P |
63.17 |
34.32 |
67.44 |
35.67 |
|
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 |
|
|
|
|
|
|
P Provisional. |
Note : REER Indices have been recalculated from April 1994 onwards using the new wholesale price index (WPI) series (Base:1993-94=100). |
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