Federal Reserve Statistical Release, G.5, Foreign Exchange Rates (Monthly); title with eagle logo links to Statistical Release home page
Release Date: March 03, 2003
Release dates | Dollar indexes, summary measures | Currency weights
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G.5(405) February 28, 2003
 

 

 

FOREIGN EXCHANGE RATES
 

THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN FEBRUARY 2003 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.
 

 

(Currency units per U.S. dollar except as noted)
COUNTRYMONETARY
UNIT
2003
February
2003
January
2002
December
2002
February
 *AUSTRALIA        DOLLAR          0.5956       0.5829       0.5624       0.5128 
  BRAZIL           REAL            3.5955       3.4375       3.6268       2.4242 
  CANADA           DOLLAR          1.5121       1.5414       1.5592       1.5964 
  CHINA, P.R.      YUAN            8.2780       8.2775       8.2777       8.2767 
  DENMARK          KRONE           6.8920       6.9980       7.2874       8.5343 
 *EMU MEMBERS      EURO            1.0785       1.0622       1.0194       0.8707 
  HONG KONG        DOLLAR          7.7995       7.7994       7.7988       7.7996 
  INDIA            RUPEE          47.75        47.96        48.15        48.72   
  JAPAN            YEN           119.34       118.81       121.89       133.64   
  MALAYSIA         RINGGIT         3.8000       3.8000       3.8000       3.8002 
  MEXICO           PESO           10.945       10.622       10.225        9.105  
 *NEW ZEALAND      DOLLAR          0.5539       0.5398       0.5108       0.4187 
  NORWAY           KRONE           7.0004       6.9138       7.1557       8.9492 
  SINGAPORE        DOLLAR          1.7451       1.7363       1.7532       1.8312 
  SOUTH AFRICA     RAND            8.2858       8.6949       8.9479      11.4923 
  SOUTH KOREA      WON          1190.37      1176.45      1206.61      1320.55   
  SRI LANKA        RUPEE          96.879       96.813       96.705       93.650  
  SWEDEN           KRONA           8.4837       8.6368       8.9303      10.5501 
  SWITZERLAND      FRANC           1.3602       1.3765       1.4388       1.6970 
  TAIWAN           DOLLAR         34.734       34.571       34.799       35.073  
  THAILAND         BAHT           42.897       42.773       43.318       43.854  
 *UNITED KINGDOM   POUND           1.6079       1.6175       1.5863       1.4227 
  VENEZUELA        BOLIVAR      1736.21      1714.45      1328.29       898.51   
                       
  MEMO:                
  UNITED STATES    DOLLAR        
1)BROAD            JAN97=100     
2)MAJOR CURRENCY   MAR73=100      95.02        96.03        98.62       108.60   
3)OITP             JAN97=100     147.35       145.72       144.87       138.61   
                       
 

This release is available online at http://www.federalreserve.gov/releases/G5.
 

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/). Weights for the broad index can be
found at http://www.federalreserve.gov/releases/H10/Weights; weights for the major currencies
index and the other important trading partners (OITIP) index are derived from the broad index
weights. The most recent annual revision to the trade weights and the dollar indexes took effect
with the January 30, 2003, release of this report.
 

* U.S. dollars per currency unit.
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.
 

The euro is reported in place of the individual eure-area currencies. These currency rates
can be derived from the dollar/euro rate by using the fixed conversion rates (in currencies
per euro) given below:
 

1 EURO = 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
= 340.750 GREEK DRACHMAS
 

 

 


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