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Statistical Supplement | May 2004

Statistical Supplement to the Federal Reserve Bulletin, May 2004

3.28  Foreign Exchange Rates and Indexes of the Foreign Exchange Value of the U.S. Dollar1
Currency units per U.S. dollar except as noted
Item 2001 2002 2003 2003 2004
Oct Nov Dec Jan Feb Mar
  Exchange rates
Country/Currency Unit  
1 Australia/dollar2 51.69 54.37 65.24 69.48 71.58 73.91 77.17 77.70 74.96
2 Brazil/real 2.3527 2.9213 3.0750 2.8628 2.9150 2.9255 2.8533 2.9342 2.9067
3 Canada/dollar 1.5487 1.5704 1.4008 1.3221 1.3130 1.3128 1.2958 1.3299 1.3286
4 China, P.R./yuan 8.2770 8.2770 8.2772 8.2768 8.2769 8.2770 8.2770 8.2771 8.2771
5 Denmark/krone 8.3323 7.8862 6.5774 6.3449 6.3526 6.0537 5.8952 5.8956 6.0757
6 European Monetary Union/euro3 0.8952 0.9454 1.1321 1.1714 1.1710 1.2298 1.2638 1.2640 1.2261
7 Greece/drachma n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
8 Hong Kong/dollar 7.7997 7.7997 7.7875 7.7427 7.7637 7.7645 7.7663 7.7748 7.7930
9 India/rupee 47.22 48.63 46.59 45.40 45.55 45.57 45.46 45.27 44.97
10 Japan/yen 121.57 125.22 115.94 109.50 109.18 107.74 106.27 106.71 108.52
11 Malaysia/ringgit 3.8000 3.8000 3.8000 3.8000 3.8000 3.8000 3.8000 3.8000 3.8000
12 Mexico/peso 9.337 9.663 10.793 11.180 11.149 11.252 10.920 11.032 11.019
 
13 New Zealand/dollar2 42.02 46.45 58.22 60.20 62.85 64.71 67.38 69.16 66.07
14 Norway/krone 8.9964 7.9839 7.0803 7.0331 7.0054 6.7128 6.8117 6.9508 6.9598
15 Singapore/dollar 1.7930 1.7908 1.7429 1.7345 1.7282 1.7107 1.6965 1.6869 1.6996
16 South Africa/rand 8.6093 10.5176 7.5550 6.9644 6.7205 6.5374 6.9398 6.7542 6.6140
17 South Korea/won 1,292.01 1,250.31 1,192.08 1,169.34 1,186.39 1,192.34 1,183.35 1,167.53 1,166.29
18 Sri Lanka/rupee 89.602 95.773 96.541 94.560 96.011 96.413 98.009 98.507 97.522
19 Sweden/krona 10.3425 9.7233 8.0787 7.6957 7.6799 7.3395 7.2334 7.2630 7.5322
20 Switzerland/franc 1.6891 1.5567 1.3450 1.3222 1.3318 1.2643 1.2391 1.2448 1.2778
21 Taiwan/dollar 33.824 34.536 34.405 33.875 34.036 34.056 33.669 33.214 33.252
22 Thailand/baht 44.532 43.019 41.556 39.761 39.935 39.745 39.124 39.116 39.470
23 United Kingdom/pound2 143.96 150.25 163.47 167.92 168.97 175.16 182.55 186.73 182.61
24 Venezuela/bolivar 724.10 1,161.19 1,613.43 1,600.00 1,600.00 1,599.86 1,600.00 1,818.95 1,920.00
  Indexes4
Nominal  
25 Broad (January 1997=100)5 125.91 126.75 119.28 116.21 116.07 114.51 112.54 113.10 114.26
26 Major currencies (March 1973=100)6 107.66 105.98 93.04 88.82 88.51 86.27 84.43 84.97 86.48
27 Other important trading partners (January 1997=100)7 135.86 140.55 144.03 143.84 144.10 144.27 142.54 142.97 143.15
 
Real  
28 Broad (March 1973=100)5 111.38r 111.59r 104.88r 102.28r 101.53r 99.90r 98.46r 99.20r 100.52
29 Major currencies (March 1973=100)6 112.18 110.60 97.66 93.49r 92.87r 90.27r 88.86r 89.80r 91.60
30 Other important trading partners (March 1973=100)7 120.11r 122.74r 124.54r 124.20r 123.19r 123.05r 121.45r 121.90r 122.53

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, available at: www.federalreserve.gov/releases.   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

Statistical Supplement | May 2004 | Tips for printing wide tables | Symbols and Abbreviations


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Last update: January 10, 2006