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

Statistical Supplement | January 2004

Statistical Supplement to the Federal Reserve Bulletin, January 2004

3.28 Foreign Exchange Rates and Indexes of the Foreign Exchange Value of the U.S. Dollar¹
Item		2000	2001	2002	2003
Currency units per U.S. dollar except as noted
Item		2000	2001	2002	June	July	Aug	Sept	Oct	Nov
		Exchange rates
Country/Currency Unit
1	Australia/dollar²	58.15	51.69	54.37	66.52	66.07	65.18	66.35	69.48	71.58
2	Brazil/real	1.8301	2.3527	2.9213	2.8887	2.8833	3.0053	2.9204	2.8628	2.9150
3	Canada/dollar	1.4855	1.5487	1.5704	1.3525	1.3821	1.3963	1.3634	1.3221	1.3130
4	China, P.R./yuan	8.2784	8.2770	8.2770	8.2771	8.2773	8.2770	8.2772	8.2768	8.2769
5	Denmark/krone	8.0953	8.3323	7.8862	6.3620	6.5425	6.6653	6.5953	6.3449	6.3526
6	European Monetary Union/euro³	0.9232	0.8952	0.9454	1.1674	1.1365	1.1155	1.1267	1.1714	1.1710
7	Greece/drachma	365.92	n.a.	n.a.	n.a.	n.a.	n.a.	n.a.	n.a.	n.a.
8	Hong Kong/dollar	7.7924	7.7997	7.7997	7.7988	7.7990	7.7990	7.7850	7.7427	7.7637
9	India/rupee	45.00	47.22	48.63	46.70	46.22	45.96	45.85	45.40	45.55
10	Japan/yen	107.80	121.57	125.22	118.33	118.70	118.66	114.80	109.50	109.18
11	Malaysia/ringgit	3.8000	3.8000	3.8000	3.8000	3.8000	3.8000	3.8000	3.8000	3.8000
12	Mexico/peso	9.459	9.337	9.663	10.503	10.458	10.783	10.923	11.180	11.149

13	New Zealand/dollar²	45.68	42.02	46.45	58.15	58.64	58.29	58.43	60.20	62.85
14	Norway/krone	8.8131	8.9964	7.9839	7.0093	7.2924	7.4096	7.2782	7.0331	7.0054
15	Singapore/dollar	1.7250	1.7930	1.7908	1.7351	1.7551	1.7533	1.7466	1.7345	1.7282
16	South Africa/rand	6.9468	8.6093	10.5176	7.8588	7.5458	7.3945	7.3060	6.9644	6.7205
17	South Korea/won	1,130.90	1,292.01	1,250.31	1,194.14	1,181.16	1,178.60	1,165.40	1,169.34	1,186.39
18	Sri Lanka/rupee	76.964	89.602	95.773	97.236	97.153	96.975	95.284	94.560	96.011
19	Sweden/krona	9.1735	10.3425	9.7233	7.8116	8.0929	8.2821	8.0426	7.6957	7.6799
20	Switzerland/franc	1.6904	1.6891	1.5567	1.3196	1.3611	1.3811	1.3743	1.3222	1.3318
21	Taiwan/dollar	31.260	33.824	34.536	34.633	34.396	34.318	33.995	33.875	34.036
22	Thailand/baht	40.210	44.532	43.019	41.675	41.808	41.656	40.483	39.761	39.935
23	United Kingdom/pound²	151.56	143.96	150.25	166.09	162.21	159.39	161.55	167.92	168.97
24	Venezuela/bolivar	680.52	724.10	1,161.19	1,600.00	1,600.00	1,600.00	1,600.00	1,600.00	1,600.00
		Indexes⁴
Nominal
25	Broad (January 1997=100)⁵	119.44^r	125.91^r	126.75^r	117.36^r	118.57^r	119.93^r	118.57^r	116.21^r	116.07
26	Major currencies (March 1973=100)⁶	101.57^r	107.66^r	105.98^r	91.15^r	93.00^r	94.13^r	92.31^r	88.82^r	88.51
27	Other important trading partners (January 1997=100)⁷	129.80^r	135.86^r	140.55^r	142.41^r	142.17^r	143.67^r	143.46^r	143.84^r	144.10

Real
28	Broad (March 1973=100)⁵	104.99^r	111.02^r	111.18^r	102.96^r	104.20^r	105.54^r	104.26^r	101.82^r	101.08
29	Major currencies (March 1973=100)⁶	104.20^r	111.57^r	109.91^r	94.83^r	96.97^r	98.30^r	96.45^r	92.74^r	92.15
30	Other important trading partners (March 1973=100)⁷	115.38^r	120.02^r	122.66^r	123.82^r	123.73^r	125.18^r	124.72^r	124.15^r	123.13

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. For ordering address, see inside front cover. 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: November 17, 2005