Skip to Content
Release Date: February 1, 1999
Release dates | Dollar indexes, summary measures | Currency weights
Current release Other formats: Screen reader | ASCII
G.5(405) January 31, 1999
FOREIGN EXCHANGE RATES
THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN JANUARY 1999 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 1999 1998 1998 1998
COUNTRY UNIT January December November January
*AUSTRALIA DOLLAR 0.6320 0.6182 0.6349 0.6566
AUSTRIA SCHILLING N.A. 11.746 11.840 12.765
BELGIUM FRANC N.A. 34.44 34.71 37.54
BRAZIL REAL 1.5120 1.2052 1.1932 1.1199
CANADA DOLLAR 1.5194 1.5433 1.5404 1.4409
CHINA, P.R. YUAN 8.2789 8.2780 8.2778 8.3094
DENMARK KRONE 6.4194 6.3531 6.3960 6.9190
*EMU MEMBERS EURO 1.1591 N.A. N.A. N.A.
*EURO COMMUNITY ECU N.A. 1.1756 1.1681 1.0869
FINLAND MARKKA N.A. 5.0769 5.1163 5.5006
FRANCE FRANC N.A. 5.5981 5.6422 6.0832
GERMANY D. MARK N.A. 1.6698 1.6827 1.8165
GREECE DRACHMA 278.91 280.43 282.64 287.24
HONG KONG DOLLAR 7.7486 7.7471 7.7432 7.7425
INDIA RUPEE 42.55 42.59 42.43 39.39
*IRELAND POUND N.A. 1.4876 1.4777 1.3819
ITALY LIRA N.A. 1653.23 1664.91 1787.87
JAPAN YEN 113.29 117.07 120.29 129.55
MALAYSIA RINGGIT 3.8000 3.8014 3.8000 4.4093
MEXICO PESO 10.128 9.907 9.968 8.227
NETHERLANDS GUILDER N.A. 1.8816 1.8969 2.0472
*NEW ZEALAND DOLLAR 0.5388 0.5223 0.5340 0.5793
NORWAY KRONE 7.4532 7.6050 7.4562 7.5007
PORTUGAL ESCUDO N.A. 171.19 172.52 185.80
SINGAPORE DOLLAR 1.6791 1.6515 1.6378 1.7477
SOUTH AFRICA RAND 5.9931 5.9030 5.6511 4.9417
SOUTH KOREA WON 1175.11 1213.22 1294.01 1707.30
SPAIN PESETA N.A. 142.08 143.05 153.93
SRI LANKA RUPEE 68.629 68.117 67.578 62.281
SWEDEN KRONA 7.8188 8.0716 8.0140 8.0193
SWITZERLAND FRANC 1.3856 1.3604 1.3852 1.4748
TAIWAN DOLLAR 32.300 32.337 32.603 34.117
THAILAND BAHT 36.622 36.276 36.527 52.983
*UNITED KINGDOM POUND 1.6498 1.6708 1.6611 1.6350
VENEZUELA BOLIVAR 569.80 565.89 569.66 507.68
MEMO:
UNITED STATES DOLLAR
1)BROAD JAN97=100 114.66 114.56 115.34 116.29
2)MAJOR CURRENCY MAR73=100 92.39 93.40 94.23 96.37
3)OITP JAN97=100 128.89 126.80 127.31 125.98
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.
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.
As of January 1, 1999, the euro is reported in place of the individual eure-area currencies.
These currency rates can be derived from the euro rate by using the fixed conversion rates
(in currencies per euro) given below:
1 EUR = 13.7603 AUSTRIAN SCHILLINGS
= 40.3399 BELGIAN FRANCS
= 5.94573 FINNISH MARKKAS
= 6.55957 FRENCH FRANCS
= 1.95583 GERMAN MARKS
= .787564 IRISH POUNDS
= 1936.27 ITALIAN LIRE
= 40.3399 LUXEMBOURG FRANCS
= 2.20371 NETHERLANDS GUILDERS
= 200.482 PORTUGUESE ESCUDOS
= 166.386 SPANISH PESETAS
Release dates | Dollar indexes, summary measures | Currency weights
Current release Other formats: Screen reader | ASCII
Home
| Statistical releases
Accessibility
To comment on this site, please fill out our
feedback form.
Last update: February 1, 1999