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

Statistical Supplement | December 2004

Statistical Supplement to the Federal Reserve Bulletin, December 2004

3.28 Foreign Exchange Rates and Indexes of the Foreign Exchange Value of the U.S. Dollar¹
Item		2001^r	2002^r	2003^r	2004
Currency units per U.S. dollar except as noted
Item		2001^r	2002^r	2003^r	May^r	June^r	July^r	Aug^r	Sept^r	Oct
		Exchange rates
Country/Currency Unit
1	Australia/dollar²	51.69	54.37	65.24	70.39	69.37	71.61	71.11	70.28	73.37
2	Brazil/real	2.3527	2.9213	3.0750	3.1023	3.1293	3.0384	3.0018	2.8914	2.8520
3	Canada/dollar	1.5487	1.5704	1.4008	1.3789	1.3578	1.3225	1.3127	1.2881	1.2469
4	China, P.R./yuan	8.2770	8.2771	8.2772	8.2771	8.2767	8.2767	8.2768	8.2767	8.2765
5	Denmark/krone	8.3323	7.8862	6.5774	6.2021	6.1220	6.0631	6.1007	6.0866	5.9486
6	European Monetary Union/euro³	0.8952	0.9454	1.1321	1.2000	1.2146	1.2266	1.2191	1.2224	1.2507
7	Hong Kong/dollar	7.7997	7.7996	7.7875	7.7971	7.7980	7.8000	7.7997	7.7995	7.7889
8	India/rupee	47.22^r	48.63^r	46.59^r	45.18	45.50	46.06	46.32	46.05	45.74
9	Japan/yen	121.57^r	125.22^r	115.94^r	112.20	109.43	109.49	110.23	110.09	108.78
10	Malaysia/ringgit	3.8000^r	3.8000^r	3.8000^r	3.8000	3.8000	3.8000	3.8000	3.8000	3.8000
11	Mexico/peso	9.337^r	9.663^r	10.793^r	11.520	11.393	11.468	11.395	11.487	11.404
12	New Zealand/dollar²	42.02^r	46.45^r	58.22^r	61.51	62.84	64.67	65.61	65.94	68.46
13	Norway/krone	8.9964^r	7.9839^r	7.0803^r	6.8428	6.8279	6.9126	6.8369	6.8416	6.5809
14	Singapore/dollar	1.7930^r	1.7908^r	1.7429^r	1.7124	1.7136	1.7121	1.7145	1.6948	1.6767
15	South Africa/rand	8.6093^r	10.5176^r	7.5550^r	6.7996	6.4216	6.1350	6.4667	6.5349	6.3815
16	South Korea/won	1,292.01^r	1,250.31^r	1,192.08^r	1,177.88	1,159.02	1,158.70	1,158.03	1,148.72	1,141.57
17	Sri Lanka/rupee	89.602^r	95.773^r	96.541^r	98.929	100.930	102.998	103.436	103.326	103.885
18	Sweden/krona	10.3425^r	9.7233^r	8.0787^r	7.6097	7.5323	7.5027	7.5362	7.4356	7.2453
19	Switzerland/franc	1.6891^r	1.5567^r	1.3450^r	1.2839	1.2503	1.2452	1.2623	1.2629	1.2330
20	Taiwan/dollar	33.824^r	34.536^r	34.405^r	33.444	33.568	33.806	34.023	33.893	33.775
21	Thailand/baht	44.532^r	43.019^r	41.556^r	40.560	40.827	40.982	41.521	41.474	41.294
22	United Kingdom/pound²	143.96^r	150.25^r	163.47^r	178.60	182.79	184.38	182.03	179.37	180.77
23	Venezuela/bolivar	724.10^r	1,161.19^r	1,613.43^r	1,919.76	1,920.00	1,920.00	1,920.00	1,920.00	1,918.08
		Indexes⁴
Nominal
24	Broad (January 1997=100)⁵	125.91^r	126.75^r	119.28^r	117.08	115.91	115.08	115.26	114.81	113.15
25	Major currencies (March 1973=100)⁶	107.66^r	105.98^r	93.04^r	89.03	87.57	86.46	86.72	86.25	84.32
26	Other important trading partners (January 1997=100)⁷	135.86^r	140.55^r	144.03^r	145.84	145.52	145.50	145.47	145.17	144.50

Real
27	Broad (March 1973=100)⁵	111.08^r	111.30^r	104.60^r	103.18	102.42	101.51	101.47	100.97	99.63
28	Major currencies (March 1973=100)⁶	112.19^r	110.61^r	97.66^r	94.50	93.22	92.06	92.33	91.91	90.01
29	Other important trading partners (March 1973=100)⁷	118.95^r	121.57^r	123.34^r	124.55	124.57	124.00	123.46	122.79	122.29

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

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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 29, 2005