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Trade & Industry•Series ID: FRERTWI•1970–2026

Australian Dollar Real Trade-Weighted Index (TWI) - Historical Data

Measures the multilateral purchasing power and international competitiveness of the Australian dollar against a basket of major trading partner currencies.

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Current Statistics & Historical Records

Latest Reading (2026 Q2)
157.3
Prev (2026 Q1): 152.5+4.8
Highest Recorded (1974 Q3)
172.1

1974 wage explosion & stagflation peak

Lowest Recorded (1986 Q3)
90.8

Recorded in 1986 Q3

Long-Run Mean (1970–2026)
130.0

57 annual observations · Quarterly

Australian Dollar Real Trade-Weighted Index (TWI) - Historical Series (1970–2026)

Index (Mar 1995 = 100)

Drag to pan, scroll to zoom, or toggle between full annual history (1970–2026) and recent quarterly releases.

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Source: Reserve Bank of Australia (RBA) / Australian Bureau of Statistics (ABS) (FRERTWI) Latest: 157.3 Index (Mar 1995 = 100) (2026 Q2)

Australian Dollar Real Trade-Weighted Index (TWI) by Decade (1970–2026)

Decade averages, peaks, and troughs across Australian economic cycles

1970s1970–1979
150.3
High (1974):164.8
Low (1979):132.6
1980s1980–1989
122.0
High (1981):142.0
Low (1986):99.6
1990s1990–1999
106.2
High (1990):117.2
Low (1993):97.2
2000s2000–2009
118.0
High (2007):136.4
Low (2001):93.4
2010s2010–2019
146.0
High (2012):163.2
Low (2019):129.5
2020s2020–2026
140.3
High (2026):154.9
Low (2020):128.7

Australian Dollar Real Trade-Weighted Index (TWI) - Historical Table (1970–2026)

Unit: Index (Mar 1995 = 100) · Source: Reserve Bank of Australia (RBA) / Australian Bureau of Statistics (ABS) (FRERTWI)

Download full CSV (57 rows) ↓
YearReal TWI (Index (Mar 1995 = 100))Year Range (Low – High)Historical Context / Year Snapshot
2026154.9152.5 – 157.3 The Australian Economy in 2026 →
2025141.6139.4 – 144.8Disinflation & monetary policy recalibration
2024143.7141.6 – 145.2 The Australian Economy in 2024 →
2023139.2138.3 – 139.8 The Australian Economy in 2023 →
2022138.1134.4 – 139.9Post-pandemic inflation surge & rapid RBA tightening cycle
2021136.0133.6 – 138.4 The Australian Economy in 2021 →
2020128.7124.0 – 133.0COVID-19 pandemic shock & 0.10% cash rate floor
2019129.5128.2 – 131.2 The Australian Economy in 2019 →
2018135.7134.3 – 138.4 The Australian Economy in 2018 →
2017141.2139.3 – 143.5 The Australian Economy in 2017 →
2016136.6133.6 – 139.8 The Australian Economy in 2016 →
2015135.7132.3 – 139.1 The Australian Economy in 2015 →
2014150.3146.6 – 153.7 The Australian Economy in 2014 →
2013157.6150.7 – 166.1 The Australian Economy in 2013 →
2012163.2159.8 – 164.9 The Australian Economy in 2012 →
2011160.4158.2 – 164.2China mining investment & Terms of Trade supercycle peak
2010149.9147.1 – 156.3 The Australian Economy in 2010 →
2009132.0114.7 – 147.0 The Australian Economy in 2009 →
2008135.8113.7 – 146.5Global Financial Crisis (GFC) & emergency rate cuts
2007136.4129.9 – 141.8 The Australian Economy in 2007 →
2006126.1124.7 – 128.1 The Australian Economy in 2006 →
2005126.2125.4 – 127.1 The Australian Economy in 2005 →
2004122.0118.7 – 125.9 The Australian Economy in 2004 →
2003111.8103.5 – 119.9 The Australian Economy in 2003 →
200298.697.0 – 100.5 The Australian Economy in 2002 →
200193.493.0 – 93.7 The Australian Economy in 2001 →
200097.392.3 – 102.4Introduction of the 10% Goods and Services Tax (GST)
1999103.8101.1 – 106.1 The Australian Economy in 1999 →
1998104.598.8 – 111.6 The Australian Economy in 1998 →
1997109.0107.3 – 111.0 The Australian Economy in 1997 →
1996107.4103.1 – 109.9 The Australian Economy in 1996 →
199598.093.1 – 100.9 The Australian Economy in 1995 →
1994102.0101.4 – 102.7 The Australian Economy in 1994 →
199397.294.6 – 101.1RBA formalises 2–3% inflation targeting
1992106.9101.6 – 111.5 The Australian Economy in 1992 →
1991116.3113.7 – 118.8Early 1990s recession ("The recession we had to have")
1990117.2113.3 – 120.7Monetary tightening peak (17.5% Cash Rate)
1989116.6114.1 – 120.5 The Australian Economy in 1989 →
1988109.999.2 – 117.8 The Australian Economy in 1988 →
1987100.297.6 – 103.0October 1987 sharemarket crash
198699.690.8 – 106.3 The Australian Economy in 1986 →
1985113.1106.5 – 123.5 The Australian Economy in 1985 →
1984134.1130.4 – 137.7 The Australian Economy in 1984 →
1983130.7125.8 – 134.4Float of the Australian Dollar & Prices and Incomes Accord
1982138.6136.0 – 141.1Early 1980s recession & drought
1981142.0138.6 – 145.4 The Australian Economy in 1981 →
1980135.2133.1 – 137.0 The Australian Economy in 1980 →
1979132.6131.4 – 133.6 The Australian Economy in 1979 →
1978136.9131.2 – 143.5 The Australian Economy in 1978 →
1977146.6145.3 – 147.7 The Australian Economy in 1977 →
1976163.6156.1 – 167.1 The Australian Economy in 1976 →
1975164.2161.6 – 166.7 The Australian Economy in 1975 →
1974164.8158.3 – 172.11974 wage explosion & stagflation peak
1973157.9155.8 – 163.1First OPEC oil shock
1972144.6143.9 – 145.5 The Australian Economy in 1972 →
1971146.7146.0 – 147.1 The Australian Economy in 1971 →
1970145.4144.5 – 146.4 The Australian Economy in 1970 →

Source Information & Methodology

Primary Institution:
Reserve Bank of Australia (RBA) / Australian Bureau of Statistics (ABS)
Dataset / Publication:
Real Exchange Rate Measures - Real Trade-Weighted Index
Series / Table ID:
RBA Statistical Table F15 (FRERTWI)
Release Frequency:
Quarterly

• Primary source: Reserve Bank of Australia (RBA) / Australian Bureau of Statistics (ABS) - Real Exchange Rate Measures - Real Trade-Weighted Index (RBA Statistical Table F15).

• Observation frequency: Quarterly. Annual table values represent calendar year averages.

• Series coverage spans 1970 to 2026 (57 annual observations).

APA Citation:Reserve Bank of Australia & Australian Bureau of Statistics. (2026). Real Exchange Rate Measures - Real Trade-Weighted Index (F15: FRERTWI). Retrieved October 2026 from https://www.rba.gov.au/statistics/tables/

Frequently Asked Questions: Australian Dollar Real Trade-Weighted Index (TWI)

What is the current Australian Dollar Real Trade-Weighted Index (TWI)?
As of 2026 Q2, the latest recorded Australian Dollar Real Trade-Weighted Index (TWI) is 157.3 (Index (Mar 1995 = 100)), compared with 152.5 in 2026 Q1.
What is the highest and lowest Australian Dollar Real Trade-Weighted Index (TWI) ever recorded in Australia?
Across the historical series (1970–2026), the highest observation was 172.1 (Index (Mar 1995 = 100)) in 1974 Q3, while the lowest was 90.8 (Index (Mar 1995 = 100)) in 1986 Q3. The long-run historical average is 130.0.
Where is the official Australian Dollar Real Trade-Weighted Index (TWI) data sourced from?
This series is compiled from Reserve Bank of Australia (RBA) / Australian Bureau of Statistics (ABS) (Real Exchange Rate Measures - Real Trade-Weighted Index, Series ID: FRERTWI) and is updated on a quarterly basis under CC BY 4.0 International / RBA Terms.