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Release Date: December 1, 1998
Release dates | Dollar indexes, summary measures | Currency weights
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G.5(405) November 30, 1998
FOREIGN EXCHANGE RATES
THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN NOVEMBER 1998 TOGETHER
WITH COMPARABLE FIGURES FOR OTHER MONTHS. AVERAGES ARE BASED ON DAILY NOON BUYING
RATES FOR CABLE TRANSFERS IN NEW YORK CITY CERTIFIED FOR CUSTOMS PURPOSES BY
THE FEDERAL RESERVE BANK OF NEW YORK.
(RATES IN CURRENCY UNITS PER DOLLAR)
MONETARY 1998 1998 1998 1997
COUNTRY UNIT November October September November
*AUSTRALIA DOLLAR 0.6349 0.6179 0.5889 0.6953
AUSTRIA SCHILLING 11.840 11.524 11.955 12.181
BELGIUM FRANC 34.71 33.81 35.05 35.74
BRAZIL REAL 1.1932 1.1889 1.1805 1.1072
CANADA DOLLAR 1.5404 1.5452 1.5218 1.4128
CHINA,P.R. YUAN 8.2778 8.2778 8.3055 8.3109
DENMARK KRONE 6.3960 6.2294 6.4717 6.5937
*EURO COMMUNITY ECU 1.1681 1.2019 1.1575 1.1419
FINLAND MARKKA 5.1163 4.9845 5.1734 5.2217
FRANCE FRANC 5.6422 5.4925 5.6969 5.8001
GERMANY D. MARK 1.6827 1.6381 1.6990 1.7323
GREECE DRACHMA 282.64 281.64 292.47 271.87
HONG KONG DOLLAR 7.7432 7.7483 7.7480 7.7314
INDIA RUPEE 42.43 42.39 42.58 37.29
*IRELAND POUND 1.4777 1.5221 1.4724 1.5030
ITALY LIRA 1664.91 1620.96 1678.92 1697.08
JAPAN YEN 120.29 121.05 134.48 125.38
MALAYSIA RINGGIT 3.8000 3.8000 3.8050 3.3791
MEXICO PESO 9.968 10.159 10.219 8.272
NETHERLANDS GUILDER 1.8969 1.8479 1.9169 1.9524
*NEW ZEALAND DOLLAR 0.5340 0.5213 0.5044 0.6242
NORWAY KRONE 7.4562 7.4294 7.5564 7.0588
PORTUGAL ESCUDO 172.52 168.01 174.19 176.84
SINGAPORE DOLLAR 1.6378 1.6378 1.7226 1.5820
SOUTH AFRICA RAND 5.6511 5.7991 6.0966 4.8394
SOUTH KOREA WON 1294.01 1344.14 1375.54 1035.22
SPAIN PESETA 143.05 139.23 144.33 146.30
SRI LANKA RUPEE 67.578 66.345 66.260 60.132
SWEDEN KRONA 8.0140 7.8395 7.8816 7.5589
SWITZERLAND FRANC 1.3852 1.3373 1.4000 1.4069
TAIWAN DOLLAR 32.603 33.121 34.646 31.794
THAILAND BAHT 36.527 38.118 40.402 39.092
*UNITED KINGDOM POUND 1.6611 1.6944 1.6823 1.6889
VENEZUELA BOLIVAR 569.66 570.68 583.85 500.17
MEMO:
UNITED STATES DOLLAR
1)BROAD JAN97=100 115.34 115.46 118.85 108.23
2)MAJOR CURRENCY MAR73=100 94.23 93.46 96.99 93.07
3)OITP JAN97=100 127.31 129.02 131.38 111.62
4)G-10 MAR73=100 95.46 93.69 97.17 96.37
This release is available online at http://www.federalreserve.gov/release/.
For more information on exchange rate indexes for the U.S. dollar, see "New Summary Measures
of the Foreign Exchange Value of the Dollar," Federal Reserve Bulletin, vol. 84 (October 1998),
pp. 811-18 (http://www.federalreserve.gov/pubs/bulletin/) and "Index of the Weighted-Average
Exchange Value of the U.S. Dollar: Revision," Federal Reserve Bulletin, vol. 64 (August 1978),
p. 700. Weights for broad index can be found at http://www.federalreserve.gov/; weights for
the major currencies index and the other important trading partners (OITP) index are derived
from the broad index weights.
* Value is U.S. dollars.
1) A weighted average of the foreign exchange value of the U.S. dollar against the currencies
of a broad group of major U.S. trading partners.
2) A weighted average of the foreign exchange value of the U.S. dollar against a subset of
the broad index currencies that circulate widely outside the country of issue.
3) A weighted average of the foreign exchange value of the U.S. dollar against a subset of
the broad index currencies that do not circulate widely outside the country of issue.
4) A weighted average of the foreign exchange value of the U.S. dollar against the currencies
of the other G-10 countries. We will discontinue publication of this series after December 1998.
For information about your subscription to this release or about receiving it in document form,
please call publication services at Federal Reserve Board at (202) 452-3244.
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Last update: December 1, 1998