Federal Reserve Statistical Release, G.5, Foreign Exchange Rates (Monthly); title with eagle logo links to Statistical Release home page

Release Date: March 01, 1999
Release dates | Dollar indexes, summary measures | Currency weights
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G.5(405) February 26, 1999
 

 

 

FOREIGN EXCHANGE RATES
 

THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN FEBRUARY 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)
COUNTRYMONETARY
UNIT
1999
February
1999
January
1998
December
1998
February
 *AUSTRALIA        DOLLAR          0.6399       0.6320       0.6182       0.6744 
  AUSTRIA          SCHILLING       N.A.         N.A.        11.746       12.735  
  BELGIUM          FRANC           N.A.         N.A.        34.44        37.42   
  BRAZIL           REAL            1.9261       1.5120       1.2052       1.1273 
  CANADA           DOLLAR          1.4977       1.5194       1.5433       1.4334 
  CHINA, P.R.      YUAN            8.2755       8.2789       8.2780       8.3072 
  DENMARK          KRONE           6.6379       6.4194       6.3531       6.9089 
 *EMU MEMBERS      EURO            1.1203       1.1591       N.A.         N.A.   
 *EURO COMMUNITY   ECU             N.A.         N.A.         1.1756       1.0893 
  FINLAND          MARKKA          N.A.         N.A.         5.0769       5.4999 
  FRANCE           FRANC           N.A.         N.A.         5.5981       6.0744 
  GERMANY          D. MARK         N.A.         N.A.         1.6698       1.8123 
  GREECE           DRACHMA       287.41       278.91       280.43       286.70   
  HONG KONG        DOLLAR          7.7490       7.7486       7.7471       7.7412 
  INDIA            RUPEE          42.53        42.55        42.59        39.01   
 *IRELAND          POUND           N.A.         N.A.         1.4876       1.3771 
  ITALY            LIRA            N.A.         N.A.      1653.23      1788.28   
  JAPAN            YEN           116.67       113.29       117.07       125.85   
  MALAYSIA         RINGGIT         3.8000       3.8000       3.8014       3.8148 
  MEXICO           PESO           10.006       10.128        9.907        8.502  
  NETHERLANDS      GUILDER         N.A.         N.A.         1.8816       2.0432 
 *NEW ZEALAND      DOLLAR          0.5435       0.5388       0.5223       0.5829 
  NORWAY           KRONE           7.7240       7.4532       7.6050       7.5530 
  PORTUGAL         ESCUDO          N.A.         N.A.       171.19       185.54   
  SINGAPORE        DOLLAR          1.7004       1.6791       1.6515       1.6509 
  SOUTH AFRICA     RAND            6.1146       5.9931       5.9030       4.9337 
  SOUTH KOREA      WON           
  SPAIN            PESETA          N.A.         N.A.       142.08       153.61   
  SRI LANKA        RUPEE          69.069       68.629       68.117       62.363  
  SWEDEN           KRONA           7.9532       7.8188       8.0716       8.0723 
  SWITZERLAND      FRANC           1.4272       1.3856       1.3604       1.4631
TAIWAN DOLLAR 32.564 32.300 32.337 32.948
THAILAND BAHT 37.137 36.622 36.276 45.987
*UNITED KINGDOM POUND 1.6276 1.6498 1.6708 1.6408
VENEZUELA BOLIVAR 577.32 569.80 565.89 515.42
 

MEMO:
UNITED STATES DOLLAR
1)BROAD JAN97=100 116.37 114.68 114.56 114.69
2)MAJOR CURRENCY MAR73=100 93.76 92.37 93.40 95.39
3)OITP JAN97=100 130.83 128.98 126.80 123.62
 

 

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
 


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Last update: March 01, 1999