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106 | Economic Survey 2021-22 Statistical Appendix

Table 5.5. Trends in Nominal and Real Effective Exchange Rate of Rupee
(Trade Based Weights)
Year/month (Average) Nominal effective Real effective Nominal effective Real effective
exchange rate exchange rate exchange rate exchange rate
(NEER) 6-currency (REER) 6-Currency (NEER) 36-currency (REER) 36-Currency
Index Index Index Index
(1) (2) (3) (4) (5)
Base Year: 1993-94=100
1994-95 96.86 105.71 99.21 104.59
1995-96 88.45 101.14 91.65 98.42
1996-97 86.73 100.97 89.08 96.64
1997-98 87.80 104.24 92.17 100.95
1998-99 77.37 95.99 88.76 92.84
1999-00 77.03 97.52 90.90 95.75
2000-01 77.30 102.65 92.11 100.04
2001-02 75.89 102.49 91.52 100.87
2002-03 71.09 97.43 89.22 98.19
2003-04 69.75 98.85 87.15 99.50
2004-05 69.26 101.35 87.28 100.05
Base Year: 2004-05=100
2005-06 103.04 104.45 102.24 102.38
2006-07 98.09 103.82 97.63 100.76
2007-08 104.62 113.44 104.75 109.20
2008-09 90.42 103.94 93.34 99.65
2009-10 87.07 110.73 90.94 103.88
2010-11 91.83 124.50 93.54 112.68
2011-12 84.44 121.17 87.38 110.27
2012-13 75.59 117.15 78.32 105.57
2013-14 67.76 112.80 72.32 103.27
2014-15 68.60 119.92 74.07 108.96
2015-16 67.52 122.71 74.75 112.08
2016-17 66.86 125.17 74.65 114.51
2017-18 67.91 129.19 76.94 119.71
2018-19 63.07 121.70 72.64 114.01
2019-20 63.59 125.76 73.28 116.75
Base Year: 2015-16=100
2004-05 139.77 75.58 133.77 89.21
2005-06 145.23 79.94 136.78 91.35
2006-07 139.62 80.45 130.61 89.89
2007-08 150.34 89.04 140.13 97.42
2008-09 130.86 82.26 124.86 88.90
2009-10 126.61 88.08 121.65 92.68
2010-11 134.55 100.43 125.13 100.53
2011-12 124.07 97.81 116.89 98.38
2012-13 111.26 94.73 104.77 94.19
2013-14 99.68 91.11 96.75 92.13
2014-15 101.08 97.09 99.09 97.21
2015-16 100.00 100.00 100.00 100.00
2016-17 99.48 102.63 100.08 101.80
2017-18 101.46 106.52 103.24 105.94
2018-19 94.19 100.29 97.45 100.63

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