RBNZ shifts the Yuan into No. 1 spot on its NZD TWI
|The Reserve Bank of New Zealand (RBNZ) announced their yearly revision to the New Zealand dollar trade-weighted index (TWI), with the key details found below.
AUD drops to number 2 weighting.
Yuan moves to number 1.
The current TWI weights and those that will apply for the next 12 months are:
|
Currency |
Symbol |
Old Weight |
New Weight |
|---|---|---|---|
|
Chinese yuan |
CNY |
0.2039 |
0.2111 |
|
Australian dollar |
AUD |
0.2069 |
0.1984 |
|
United States dollar |
USD |
0.1401 |
0.1338 |
|
Euro zone euro |
EUR |
0.1078 |
0.1095 |
|
Japanese yen |
JPY |
0.0680 |
0.0651 |
|
United Kingdom pound |
GBP |
0.0432 |
0.0434 |
|
Singapore dollar |
SGD |
0.0352 |
0.0376 |
|
South Korean won |
KRW |
0.0345 |
0.0365 |
|
Thai baht |
THB |
0.0314 |
0.0306 |
|
Malaysian ringgit |
MYR |
0.0235 |
0.0261 |
|
Indian rupee |
INR |
0.0217 |
0.0214 |
|
Taiwanese dollar |
TWD |
0.0174 |
0.0168 |
|
Hong Kong dollar |
HKD |
0.0136 |
0.0159 |
|
Indonesian rupiah |
IDR |
0.0157 |
0.0158 |
|
Canadian dollar |
CAD |
0.0150 |
0.0148 |
|
Vietnamese dong |
VND |
0.0127 |
0.0135 |
|
Philippines peso |
PHP |
0.0094 |
0.0097 |
|
Scaling factor |
76.6964 |
76.6649 |
RBNZ”s TWI measures of the value of the New Zealand dollar relative to the currencies of New Zealand's major trading partners and 17 currencies are included.
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