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Statistical Supplement | October 2004

Statistical Supplement to the Federal Reserve Bulletin, October 2004

3.28  Foreign Exchange Rates and Indexes of the Foreign Exchange Value of the U.S. Dollar1
Currency units per U.S. dollar except as noted
Item 2001 2002 2003 2004
Mar Apr May June July Aug
  Exchange rates
Country/Currency Unit  
1 Australia/dollar2 51.69 54.37 65.24 74.96 74.43 70.39 69.37 71.61 71.11
2 Brazil/real 2.3527 2.9213 3.0750 2.9067 2.9079 3.1023 3.1293 3.0384 3.0018
3 Canada/dollar 1.5487 1.5704 1.4008 1.3286 1.3420 1.3789 1.3578 1.3225 1.3127
4 China, P.R./yuan 8.2770 8.2770 8.2772 8.2771 8.2769 8.2771 8.2767 8.2767 8.2768
5 Denmark/krone 8.3323 7.8862 6.5774 6.0757 6.2104 6.2021 6.1220 6.0631 6.1007
6 European Monetary Union/euro3 0.8952 0.9454 1.1321 1.2261 1.1989 1.2000 1.2146 1.2266 1.2191
7 Greece/drachma n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
8 Hong Kong/dollar 7.7997 7.7997 7.7875 7.7930 7.7970 7.7971 7.7980 7.8000 7.7997
9 India/rupee 47.22 48.63 46.59 44.97 43.89 45.18 45.50 46.06 46.32
10 Japan/yen 121.57 125.22 115.94 108.52 107.66 112.20 109.43 109.49 110.23
11 Malaysia/ringgit 3.8000 3.8000 3.8000 3.8000 3.8000 3.8000 3.8000 3.8000 3.8000
12 Mexico/peso 9.337 9.663 10.793 11.019 11.270 11.520 11.393 11.468 11.395
 
13 New Zealand/dollar2 42.02 46.45 58.22 66.07 64.15 61.51 62.84 64.67 65.61
14 Norway/krone 8.9964 7.9839 7.0803 6.9598 6.9263 6.8428 6.8279 6.9126 6.8369
15 Singapore/dollar 1.7930 1.7908 1.7429 1.6996 1.6849 1.7124 1.7136 1.7121 1.7145
16 South Africa/rand 8.6093 10.5176 7.5550 6.6140 6.5747 6.7996 6.4216 6.1350 6.4667
17 South Korea/won 1,292.01 1,250.31 1,192.08 1,166.29 1,152.86 1,177.88 1,159.02 1,158.70 1,158.03
18 Sri Lanka/rupee 89.602 95.773 96.541 97.522 98.132 98.929 100.930 102.998 103.436
19 Sweden/krona 10.3425 9.7233 8.0787 7.5322 7.6496 7.6097 7.5323 7.5027 7.5362
20 Switzerland/franc 1.6891 1.5567 1.3450 1.2778 1.2969 1.2839 1.2503 1.2452 1.2623
21 Taiwan/dollar 33.824 34.536 34.405 33.252 32.971 33.444 33.568 33.806 34.023
22 Thailand/baht 44.532 43.019 41.556 39.470 39.453 40.560 40.827 40.982 41.521
23 United Kingdom/pound2 143.96 150.25 163.47 182.61 180.31 178.60 182.79 184.38 182.03
24 Venezuela/bolivar 724.10 1,161.19 1,613.43 1,920.00 1,920.00 1,919.76 1,920.00 1,920.00 1,920.00
  Indexes4
Nominal  
25 Broad (January 1997=100)5 125.91 126.75 119.28 114.26 115.12 117.08 115.91 115.08 115.26
26 Major currencies (March 1973=100)6 107.66 105.98 93.04 86.48 87.44 89.03 87.57 86.46 86.72
27 Other important trading partners (January 1997=100)7 135.86 140.55 144.03 143.15 143.58 145.84 145.52 145.50 145.47
 
Real  
28 Broad (March 1973=100)5 111.08r 111.30r 104.60r 100.27 101.08r 103.21r 102.42r 101.47r 101.46
29 Major currencies (March 1973=100)6 112.19 110.61 97.66 91.61 92.67 94.50 93.22 92.07 92.32
30 Other important trading partners (March 1973=100)7 118.95r 121.56r 123.34r 121.37r 121.86r 124.61r 124.57r 123.89r 123.46

1. Averages of certified noon buying rates in New York for cable transfers. Data in this table also appear in the Board's G.5 (405) monthly statistical release.   Return to table

2. U.S. cents per currency unit.   Return to table

3. The euro is reported in place of the individual euro area currencies. By convention, the rate is reported in U.S. dollars per euro. The bilateral currency rates can be derived from the euro rate by using the fixed conversion rates (in currencies per euro) as shown below:

Euro equals
13.7603  Austrian schillings
40.3399  Belgian francs
5.94573  Finnish markkas
6.55957  French francs
1.95583  German marks
.787564  Irish pounds
1,936.27 Italian lire
40.3399  Luxembourg francs
2.20371  Netherlands guilders
200.482  Portuguese escudos
166.386  Spanish pesetas
340.750  Greek drachmas

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4. Starting with the January 2004 Statistical Supplement to the Federal Reserve Bulletin, revised index values resulting from the periodic revision of data that underlie the calculated trade weights are reported. For more information on the indexes of the foreign exchange value of the dollar, see Federal Reserve Bulletin, vol. 84 (October 1998), pp. 811-818.   Return to table

5. Weighted average of the foreign exchange value of the U.S. dollar against the currencies of a broad group of U.S. trading partners. The weight for each currency is computed as an average of U.S. bilateral import shares from and export shares to the issuing country and of a measure of the importance to U.S. exporters of that country's trade in third country markets. The source for exchange rates not listed in the table above but used in the calculation of this index is Reuters Limited.   Return to table

6. Weighted average of the foreign exchange value of the U.S. dollar against a subset of broad index currencies that circulate widely outside the country of issue. The weight for each currency is its broad index weight scaled so that the weights of the subset of currencies in the index sum to one.   Return to table

7. Weighted average of the foreign exchange value of the U.S. dollar against a subset of broad index currencies that do not circulate widely outside the country of issue. The weight for each currency is its broad index weight scaled so that the weights of the subset of currencies in the index sum to one. The source for exchange rates not listed in the table above but used in the calculation of this index is Reuters Limited.   Return to table

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Last update: April 7, 2005