FRB: October 2004 Statistical Supplement--Foreign Exchange Rates and Indexes of the Foreign Exchange Value of the U.S. Dollar

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
Item		2001	2002	2003	2004
Currency units per U.S. dollar except as noted
Item		2001	2002	2003	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	111.08^r	111.30^r	104.60^r	100.27	101.08^r	103.21^r	102.42^r	101.47^r	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	118.95^r	121.56^r	123.34^r	121.37^r	121.86^r	124.61^r	124.57^r	123.89^r	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