Board of Governors of the Federal Reserve System

The table below shows the average rates of exchange in MAY 2023 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 U.S. dollar except as noted)

COUNTRY	CURRENCY	May 2023	April 2023	March 2023	May 2022
*AUSTRALIA	DOLLAR	0.6643	0.6688	0.6676	0.7041
BRAZIL	REAL	4.9813	5.0215	5.2086	4.9615
CANADA	DOLLAR	1.3517	1.3484	1.3683	1.2859
CHINA, P.R.	YUAN	6.9854	6.8876	6.8909	6.6990
DENMARK	KRONE	6.8549	6.7977	6.9522	7.0410
*EMU MEMBERS	EURO	1.0867	1.0962	1.0711	1.0567
HONG KONG	DOLLAR	7.8373	7.8496	7.8487	7.8490
INDIA	RUPEE	82.2977	81.9685	82.2665	77.2933
JAPAN	YEN	137.0532	133.4745	133.6643	128.8486
MALAYSIA	RINGGIT	4.5123	4.4236	4.4640	4.3803
MEXICO	PESO	17.7489	18.0948	18.3892	20.0575
*NEW ZEALAND	DOLLAR	0.6214	0.6210	0.6207	0.6393
NORWAY	KRONE	10.8075	10.5041	10.5323	9.6137
SINGAPORE	DOLLAR	1.3395	1.3318	1.3405	1.3829
SOUTH AFRICA	RAND	19.0322	18.1926	18.2595	15.9126
SOUTH KOREA	WON	1327.4800	1322.0570	1306.0161	1268.8081
SRI LANKA	RUPEE	309.4200	319.2490	327.4417	356.2948
SWEDEN	KRONA	10.4643	10.3484	10.4763	9.9373
SWITZERLAND	FRANC	0.8977	0.8985	0.9255	0.9804
TAIWAN	DOLLAR	30.7291	30.5595	30.5352	29.5995
THAILAND	BAHT	34.1991	34.2325	34.4639	34.4195
*UNITED KINGDOM	POUND	1.2484	1.2446	1.2138	1.2438
VENEZUELA	BOLIVAR	25.4213	24.4827	24.1982	4.7388
Memo:
UNITED STATES	DOLLAR
1) BROAD	JAN06=100	119.8552	119.4183	120.8060	119.6650
2) AFE	JAN06=100	114.9351	114.1025	116.2013	114.2866
3) EME	JAN06=100	126.6077	126.5578	127.2622	126.8712

* U.S. dollars per currency unit.

Please visit the Currency Weights page (http://www.federalreserve.gov/releases/H10/Weights) for current weights and country composition of the Broad Index.

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 are advanced foreign economies.
3) A weighted average of the foreign exchange value of the U.S. dollar against a subset of the broad index currencies that are emerging market economies.