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Trade-Weighted Index (NEER) by Country

Latest released Trade-Weighted Index (NEER) value for every supported currency, with the previous reading, change, 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.

Last updated: · page generated 17 Sep 2026 06:03 UTC.
20 with data 22 supported currencies
Open a country name for its historical chart and release record. The API reference is linked separately beside the official source. Non-USD API endpoints require an API key query parameter.

As of : 20 currencies with data.

Country / Currency Latest Previous Change Last change Reference Frequency Unit Source
USD · US Dollar
103.2
103.05
▲ +0.15 Monthly Index (2020=100) Federal Reserve
EUR · Euro
108.66
108.77
▼ -0.11 Monthly Index (2020=100) ECB
JPY · Japanese Yen
67.57
68.03
▼ -0.46 Monthly Index (2020=100) Bank of Japan
GBP · British Pound
111.75
110.59
▲ +1.16 Monthly Index (2020=100) Bank of England
CHF · Swiss Franc
121.8
122.64
▼ -0.84 Monthly Index (2020=100) SNB
CAD · Canadian Dollar
96.64
96.98
▼ -0.34 Monthly Index (2020=100) Bank of Canada
AUD · Australian Dollar
106.23
106.73
▼ -0.5 Monthly Index (2020=100) RBA
NZD · New Zealand Dollar
93.09
92.75
▲ +0.34 Monthly Index (2020=100) RBNZ
SEK · Swedish Krona
99.11
99.98
▼ -0.87 Monthly Index (2020=100) Riksbank
NOK · Norwegian Krone
101.13
101.59
▼ -0.46 Monthly Index (2020=100) Norges Bank
BRL · Brazilian Real
114.73
113.97
▲ +0.76 Monthly Index (2020=100) National Statistics Office
CNY · Chinese Yuan
114.29
113.62
▲ +0.67 Monthly Index (2020=100) PBoC
CNH · Offshore Chinese Yuan
114.29
113.62
▲ +0.67 Monthly Index (2020=100) CNY mirror
DKK · Danish Krone
104.83
104.79
▲ +0.04 Monthly Index (2020=100) Nationalbanken
HUF · Hungarian Forint
103.4
95.68
▲ +7.72 Monthly Index (2020=100) Bank for International Settlements
ILS · Israeli New Shekel
73.938
74.612
▼ -0.673 Monthly Index Bank of Israel
MYR · Malaysian Ringgit
110.24
106.01
▲ +4.23 Monthly Index BIS
PEN · Peruvian Sol
86.4
86.5
▼ -0.1 Monthly Index BCRP
KRW · South Korean Won
84.67
90.09
▼ -5.42 Monthly Index (2020=100) Bank of Korea
TWD · New Taiwan Dollar
101.68
105.94
▼ -4.26 Monthly Index CBC

No published Trade-Weighted Index (NEER) series yet for Nigeria, Thailand.

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)

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Key Facts

Page
Trade Weighted Index
Section
Indicators
Canonical URL
https://fxmacrodata.com/indicators/trade_weighted_index
Source
FXMacroData editorial and official publisher references
Last Updated
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What is this page about? This page explains Trade Weighted Index with directly usable context for trading, research, and API workflows.

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