Trade-Weighted Index (NEER) by Country

Latest released Trade-Weighted Index (NEER) value for every supported currency, with the previous reading, the change between releases, reference date, frequency, unit, and source.

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Economy
Trade-Weighted Index (NEER) across supported currencies

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Updated 04 May 2026 10:02 UTC.
14 with data 14 supported currencies
Each row links to the per-currency reference page and the underlying API endpoint at /api/v1/announcements/{currency}/trade_weighted_index. Non-USD endpoints require an API key query parameter.
Country / Currency Latest Previous Change Reference Frequency Unit Source
Switzerland
CHF · Swiss Franc
124.7
31 Mar 2026
124.69
28 Feb 2026
▲ +0.01 31 Mar 2026 Monthly Index (2020=100) SNB/FSO
Singapore
SGD · Singapore Dollar
113.75
31 Mar 2026
113.47
28 Feb 2026
▲ +0.28 31 Mar 2026 Monthly Index (2020=100) MAS/SingStat
Poland
PLN · Polish Zloty
112.05
31 Mar 2026
114.08
28 Feb 2026
▼ -2.03 31 Mar 2026 Monthly Index (2020=100) NBP/GUS
Brazil
BRL · Brazilian Real
111.91
31 Mar 2026
111.25
28 Feb 2026
▲ +0.66 31 Mar 2026 Monthly Index (2020=100) BCB SGS
China
CNY · Chinese Yuan
110.99
31 Mar 2026
108.62
28 Feb 2026
▲ +2.37 31 Mar 2026 Monthly Index (2020=100) NBS/PBoC
United Kingdom
GBP · British Pound
110.73
31 Mar 2026
110.89
28 Feb 2026
▼ -0.16 31 Mar 2026 Monthly Index (2020=100) ONS/BoE
Eurozone
EUR · Euro
109.49
31 Mar 2026
110.2
28 Feb 2026
▼ -0.71 31 Mar 2026 Monthly Index (2020=100) ECB/Eurostat
Australia
AUD · Australian Dollar
106.65
31 Mar 2026
106
28 Feb 2026
▲ +0.65 31 Mar 2026 Monthly Index (2020=100) ABS/RBA
Denmark
DKK · Danish Krone
105.06
31 Mar 2026
105.35
28 Feb 2026
▼ -0.29 31 Mar 2026 Monthly Index (2020=100) Statistics Denmark (DST)/DN
United States
USD · US Dollar
102.77
31 Mar 2026
101.12
28 Feb 2026
▲ +1.65 31 Mar 2026 Monthly Index (2020=100) FRED (BEA/BLS/Fed)
Sweden
SEK · Swedish Krona
102.24
31 Mar 2026
103.86
28 Feb 2026
▼ -1.62 31 Mar 2026 Monthly Index (2020=100) Riksbank/SCB
Canada
CAD · Canadian Dollar
99.49
31 Mar 2026
99.26
28 Feb 2026
▲ +0.23 31 Mar 2026 Monthly Index (2020=100) Bank of Canada/StatCan
New Zealand
NZD · New Zealand Dollar
93.82
31 Mar 2026
95.33
28 Feb 2026
▼ -1.51 31 Mar 2026 Monthly Index (2020=100) RBNZ/Stats NZ
Japan
JPY · Japanese Yen
69.09
31 Mar 2026
69.88
28 Feb 2026
▼ -0.79 31 Mar 2026 Monthly Index (2020=100) BoJ/Statistics Japan

What is Trade-Weighted Index (NEER)?

A trade-weighted index measures the value of a currency against a basket of partner currencies, weighted by trade flows. Examples include the Fed's broad dollar index (DXY's broader cousin), the ECB's effective EUR index, the BoE's effective sterling index, and the RBA's TWI.

Why it matters for FX

Trade-weighted indices are the cleanest measure of what is actually happening to a currency overall, filtering out noise from any single bilateral pair. Central banks watch their TWI closely because exchange-rate moves transmit to inflation and growth in proportion to trade weights, not bilateral pairs.

How to read this page

Track the level and the year-over-year change. A 5-10 percent TWI move over six months is large and typically prompts central-bank commentary. Cross-reference with real-effective-exchange-rate measures (REER) for inflation-adjusted competitiveness.

What to watch for

  • Real (REER) vs nominal (NEER) effective rates
  • Central-bank commentary at TWI extremes
  • Inflation pass-through estimates (~10-20% over 12-18 months)
  • Composition shifts as trade weights are rebased
  • Divergence between TWI and headline pair (e.g. EUR/USD vs EUR TWI)