Weights for the TWI

New weights for the trade-weighted index (TWI) of the Australian dollar will apply from 3 December 2018. The weights are based on the composition of Australia's merchandise goods and services trade for the 2017/18 financial year. The composition of the index is little changed; the 19 currencies included in the updated index are unchanged. The Chinese renminbi continues to have the largest weight in the TWI. Changes in the individual currency weights were generally within +/- 1 percentage point. See ‘TWI – Method of Calculation’ for a description of the methodology used to construct the TWI.

Weights in the Trade-weighted Index
Per cent
Weight
Currency From 3 December 2018
1 December 2017 –
30 November 2018
Chinese renminbi 27.7137 27.4607
Japanese yen 10.9287 10.7028
European euro 9.7397 9.7972
United States dollar 9.6788 10.2931
South Korean won 6.4751 5.3606
Indian rupee 4.1447 4.0454
New Zealand dollar 4.0210 4.2085
Singapore dollar 3.9780 3.8829
United Kingdom pound sterling 3.9507 4.3203
Thai baht 3.5284 3.4398
Malaysian ringgit 3.0481 3.0200
Hong Kong dollar 2.6904 3.0840
Indonesian rupiah 2.3643 2.5110
New Taiwan dollar 2.2068 2.2302
Vietnamese dong 1.8670 1.8656
Canadian dollar 0.9742 1.0684
Swiss franc 0.9437 0.9627
United Arab Emirates dirham 0.8877 0.7898
Papua New Guinea kina 0.8590 0.9570

Sources: ABS; RBA