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Trade-Weighted Index (NEER) (DKK)

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.

Category: Economy

API Endpoint

/api/v1/announcements/dkk/trade_weighted_index

Use the production OpenAPI schema for the authoritative REST route metadata.

https://fxmacrodata.com/api/openapi.json

Browse the full endpoint reference

Compare Trade-Weighted Index (NEER) across all supported currencies →

About Trade-Weighted Index (NEER) (DKK)

The trade-weighted index (TWI) for Denmark measures the dkk's value against a basket of currencies weighted by bilateral trade volumes. It gives a broader read of currency strength than any single bilateral rate.

Why FX traders watch it

The Danmarks Nationalbank monitors the TWI when assessing imported inflation and the competitiveness of Denmark's export sector. A strong TWI can reduce import inflation but also reduce export competitiveness.

How to interpret the data

A rising TWI means the dkk is strengthening in trade-weighted terms, reducing import costs but potentially weighing on export growth. The Danmarks Nationalbank may reference TWI levels in communications about currency policy.

Historical Trade-Weighted Index (NEER) (DKK)

Source: Statistics Denmark (DST)/DN  ·  Monthly  ·  Index (2020=100)

Chart data not available. Access the full historical series via the API endpoint above.

Data provided by FXMacroData via the /api/v1/announcements/dkk/trade_weighted_index endpoint. For access, see pricing.

Data Source

Primary Source

Statistics Denmark (DST)/DN

Official Series ID

BIS WS_EER/M.N.B.DK

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

Index (2020=100)

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format. 

{
    "currency": "DKK",
    "indicator": "trade_weighted_index",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve Trade-Weighted Index (NEER) data for DKK from 2023: 

GET https://fxmacrodata.com/api/v1/announcements/dkk/trade_weighted_index?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY