{
  "dataset": "RBI",
  "sub_indicator_code": 36,
  "indicator": "Monthly Average Exchange Rates (EURO, GBP, JPY, USD)",
  "currency": "US Dollar",
  "unit": "INR per US$1 (RBI Reference Rate convention)",
  "connector_series": {
    "months": ["2015-01","2015-02","2015-03","2015-04","2015-05","2015-06","2015-07","2015-08","2015-09","2015-10","2015-11","2015-12","2016-01","2016-02","2016-03","2016-04","2016-05","2016-06","2016-07","2016-08","2016-09","2016-10","2016-11","2016-12","2017-01","2017-02","2017-03","2017-04","2017-05","2017-06","2017-07","2017-08","2017-09","2017-10","2017-11","2017-12","2018-01","2018-02","2018-03","2018-04","2018-05","2018-06","2018-07","2018-08","2018-09","2018-10","2018-11","2018-12","2019-01","2019-02","2019-03","2019-04","2019-05","2019-06","2019-07","2019-08","2019-09","2019-10","2019-11","2019-12","2020-01","2020-02","2020-03","2020-04","2020-05","2020-06","2020-07","2020-08","2020-09","2020-10","2020-11","2020-12","2021-01","2021-02","2021-03","2021-04","2021-05","2021-06","2021-07","2021-08","2021-09","2021-10","2021-11","2021-12","2022-01","2022-02","2022-03","2022-04","2022-05","2022-06","2022-07","2022-08","2022-09","2022-10","2022-11","2022-12","2023-01","2023-02","2023-03","2023-04","2023-05","2023-06","2023-07","2023-08","2023-09","2023-10","2023-11","2023-12","2024-01","2024-02","2024-03","2024-04","2024-06","2024-07","2024-08","2024-09","2024-10","2024-11","2024-12","2025-01","2025-02","2025-03","2025-04","2025-05","2025-06","2025-07"],
    "value": [62.23,62.04,62.45,62.75,63.8,63.86,63.64,65.07,66.22,65.06,66.12,66.6,67.25,68.24,67.02,66.47,66.91,67.3,67.21,66.94,66.74,66.75,67.63,67.9,68.08,67.08,65.88,64.51,64.42,64.44,64.46,63.97,64.44,65.08,64.86,64.24,63.64,64.37,65.02,65.64,67.54,67.79,68.69,69.55,72.22,73.63,71.85,70.73,70.73,71.22,69.48,69.43,69.77,69.44,68.81,71.15,71.33,71.04,71.45,71.19,71.31,71.49,74.35,76.24,75.66,75.73,74.99,74.67,73.48,73.46,74.22,73.59,73.11,72.76,72.79,74.47,73.27,73.56,74.53,74.18,73.56,74.92,74.5,75.37,74.44,75.0,76.24,76.17,77.32,78.07,79.6,79.56,80.23,82.34,81.81,82.46,81.9,82.61,82.29,82.02,82.34,82.23,82.15,82.79,83.05,83.24,83.3,83.28,83.12,82.96,83.0,83.41,83.47,83.59,83.9,83.81,84.03,84.36,84.99,86.27,87.05,86.64,85.56,85.19,85.9,86.11],
    "note": "126 monthly averages, Jan 2015 - Jul 2025. May 2024 is genuinely absent from the connector's response (not a fetch error) -- a real gap in the series."
  },
  "web_extension": {
    "source": "Direct scrape of RBI's Reference Rate Archive (rbi.org.in/scripts/referenceratearchive.aspx), retrieved 2026-07-18",
    "method": "Form-driven date-range search (From/To date + currency checkbox), not an enumerable ID archive like the WSS reserves pages. Pulled full daily USD series from 01/07/2025 to 17/07/2026 (253 daily readings), then downsampled to one reading per ISO week (last available trading day) to match the reserves chart's density.",
    "dead_end": "The WSS's own historical 'Foreign Exchange Rates - Spot and Forward Premia' section (PARAM1=6 on WSSViewDetail.aspx, same archive style used for reserves) was discontinued in December 2012 -- not usable for bridging anything current.",
    "dates": ["2025-08-01","2025-08-08","2025-08-14","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-02","2026-04-10","2026-04-17","2026-04-24","2026-04-30","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-25","2026-07-03","2026-07-10","2026-07-17"],
    "value": [87.3519,87.6196,87.4852,87.4375,87.8514,88.3242,88.2806,88.3055,88.7234,88.7775,88.692,87.9097,87.7058,88.7241,88.705,88.742,88.6402,89.4557,89.9238,90.3883,90.1975,89.8296,90.1242,90.1395,90.6497,91.6195,91.8983,90.4163,90.7415,90.9518,90.9542,91.6829,92.4405,93.3483,94.5988,93.2088,92.6492,92.7235,94.2958,95.2417,94.4365,95.9255,95.9588,95.3845,95.3996,95.3825,94.4735,94.4804,95.2408,95.3129,96.3665],
    "true_daily_extremes_in_window": {"max": {"date": "2026-05-20", "value": 96.8441}, "min": {"date": "2025-07-04", "value": 85.3886}}
  },
  "highlights": {
    "decade_change": {"from": "2015-01", "from_value": 62.23, "to": "2025-07", "to_value": 86.11, "pct_change": 38.4, "approx_annual_pct": 3.3},
    "past_year_acceleration": {"from": "2025-07", "from_value": 86.11, "to": "2026-07-17", "to_value": 96.3665, "pct_change": 11.9},
    "2022_slide": {"from": "2022-01", "from_value": 74.44, "to": "2022-10", "to_value": 82.34, "pct_change": 10.6}
  }
}