Foreign Exchange Rates - G.5

Current Release

Release Date: June 1, 2016

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 2016 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 2016	April 2016	March 2016	May 2015
*AUSTRALIA	DOLLAR	0.7318	0.7664	0.7504	0.7891
BRAZIL	REAL	3.5403	3.5634	3.6980	3.0562
CANADA	DOLLAR	1.2945	1.2818	1.3226	1.2176
CHINA, P.R.	YUAN	6.5259	6.4754	6.5027	6.2035
DENMARK	KRONE	6.5762	6.5591	6.6986	6.6823
*EMU MEMBERS	EURO	1.1312	1.1346	1.1134	1.1167
HONG KONG	DOLLAR	7.7635	7.7556	7.7604	7.7527
INDIA	RUPEE	66.8895	66.4219	66.8909	63.7150
JAPAN	YEN	108.8481	109.5519	112.9317	120.7980
MALAYSIA	RINGGIT	4.0375	3.8971	4.0644	3.5976
MEXICO	PESO	18.1360	17.4795	17.6303	15.2796
*NEW ZEALAND	DOLLAR	0.6807	0.6892	0.6745	0.7383
NORWAY	KRONE	8.2269	8.2082	8.4754	7.5503
SINGAPORE	DOLLAR	1.3695	1.3496	1.3724	1.3344
SOUTH AFRICA	RAND	15.3257	14.5868	15.3792	11.9720
SOUTH KOREA	WON	1173.7905	1145.7967	1181.5730	1092.6365
SRI LANKA	RUPEE	145.9081	145.2019	145.1335	133.4600
SWEDEN	KRONA	8.2154	8.1110	8.3394	8.3350
SWITZERLAND	FRANC	0.9777	0.9634	0.9811	0.9316
TAIWAN	DOLLAR	32.5390	32.3200	32.5874	30.6185
THAILAND	BAHT	35.4076	35.0629	35.2117	33.5200
*UNITED KINGDOM	POUND	1.4524	1.4319	1.4249	1.5456
VENEZUELA	BOLIVAR	9.9750	9.9750	8.6912	6.2842
Memo:
UNITED STATES	DOLLAR
1) BROAD	JAN97=100	120.7668	119.5276	121.4929	114.1961
2) MAJOR CURRENCY	MAR73=100	89.7514	89.3747	91.4980	89.2010
3) OITP	JAN97=100	154.0914	151.8156	153.4871	140.3873

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
= 15.6466 ESTONIAN KROON
= 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