Foreign Exchange Rates - G.5

Current Release

Release Date: June 1, 2011

Foreign Exchange Rates -- G.5 Monthly

(Rates in currency units per U.S. dollar except as noted)

The table below shows the average rates of exchange in MAY 2011 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.

COUNTRY	CURRENCY	May 2011	April 2011	March 2011	May 2010
*AUSTRALIA	DOLLAR	1.0675	1.0588	1.0113	0.8713
BRAZIL	REAL	1.6136	1.5833	1.6574	1.8142
CANADA	DOLLAR	0.9680	0.9580	0.9766	1.0403
CHINA, P.R.	YUAN	6.4957	6.5267	6.5645	6.8275
DENMARK	KRONE	5.2030	5.1577	5.3191	5.9253
*EMU MEMBERS	EURO	1.4335	1.4460	1.4020	1.2563
HONG KONG	DOLLAR	7.7742	7.7716	7.7913	7.7856
INDIA	RUPEE	44.9024	44.3010	44.9143	45.7690
JAPAN	YEN	81.1257	83.1771	81.6470	91.9730
MALAYSIA	RINGGIT	3.0127	3.0101	3.0341	3.2509
MEXICO	PESO	11.6542	11.7059	11.9963	12.7262
*NEW ZEALAND	DOLLAR	0.7959	0.7894	0.7423	0.6984
NORWAY	KRONE	5.4766	5.4015	5.5913	6.2872
SINGAPORE	DOLLAR	1.2387	1.2463	1.2678	1.3940
SOUTH AFRICA	RAND	6.8556	6.7209	6.8976	7.6515
SOUTH KOREA	WON	1084.3619	1083.1762	1119.2674	1164.8410
SRI LANKA	RUPEE	109.7629	110.2129	110.3022	113.7025
SWEDEN	KRONA	6.2526	6.1990	6.3493	7.7042
SWITZERLAND	FRANC	0.8740	0.8972	0.9185	1.1295
TAIWAN	DOLLAR	28.7262	28.9824	29.4930	31.8345
THAILAND	BAHT	30.2210	30.0424	30.3330	32.3650
*UNITED KINGDOM	POUND	1.6332	1.6379	1.6159	1.4669
VENEZUELA	BOLIVAR	4.1464	4.2893	4.2893	4.2893
Memo:
UNITED STATES	DOLLAR
1) BROAD	JAN97=100	95.5004	95.5427	97.1432	104.6683
2) MAJOR CURRENCY	MAR73=100	69.8606	69.7484	71.0182	78.7557
3) OITP	JAN97=100	123.3181	123.5919	125.5057	131.8810

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 "Indexes of the Foreign Exchange Value of the Dollar," Federal Reserve Bulletin, 91:1 (Winter 2005), pp. 1-8, (http://www.federalreserve.gov/pubs/bulletin/2005/winter05_index.pdf). 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 (OITP) 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 May 2009 release of this report. The source for exchange rates not listed in the table above but used in the calculation of the broad and OITP indexes is Bloomberg.
* 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
= .585274 CYPRUS POUND
= 5.94573 FINNISH MARKKAS
= 6.55957 FRENCH FRANCS
= 1.95583 GERMAN MARKS
= 340.750 GREEK DRACHMAS
= .787564 IRISH POUNDS
= 1936.27 ITALIAN LIRE
= 40.3399 LUXEMBOURG FRANCS
= .429300 MALTESE LIRA
= 2.20371 NETHERLANDS GUILDERS
= 200.482 PORTUGUESE ESCUDOS
= 166.386 SPANISH PESETAS
= 30.1260 SLOVAKIAN KORUNA
= 239.640 SLOVENIAN TOLAR