Board of Governors of the Federal Reserve System

The table below shows the average rates of exchange in FEBRUARY 2019 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	February 2019	January 2019	December 2018	February 2018
*AUSTRALIA	DOLLAR	0.7136	0.7151	0.7169	0.7867
BRAZIL	REAL	3.7244	3.7356	3.8834	3.2507
CANADA	DOLLAR	1.3209	1.3300	1.3436	1.2588
CHINA, P.R.	YUAN	6.7367	6.7863	6.8837	6.3183
DENMARK	KRONE	6.5754	6.5386	6.5579	6.0329
*EMU MEMBERS	EURO	1.1349	1.1418	1.1380	1.2340
HONG KONG	DOLLAR	7.8477	7.8411	7.8194	7.8222
INDIA	RUPEE	71.1739	70.7100	70.8331	64.4300
JAPAN	YEN	110.4400	108.9605	112.1994	107.9700
MALAYSIA	RINGGIT	4.0759	4.1160	4.1688	3.9104
MEXICO	PESO	19.1953	19.1704	20.0972	18.6473
*NEW ZEALAND	DOLLAR	0.6830	0.6782	0.6819	0.7305
NORWAY	KRONE	8.5855	8.5476	8.6263	7.8394
SINGAPORE	DOLLAR	1.3539	1.3560	1.3704	1.3200
SOUTH AFRICA	RAND	13.8139	13.8199	14.2574	11.8216
SOUTH KOREA	WON	1121.8333	1120.3300	1122.4244	1078.4747
SRI LANKA	RUPEE	178.3944	181.6025	180.0794	154.7737
SWEDEN	KRONA	9.2481	8.9950	9.0303	8.0542
SWITZERLAND	FRANC	1.0014	0.9897	0.9919	0.9355
TAIWAN	DOLLAR	30.7989	30.8080	30.7822	29.2458
THAILAND	BAHT	31.3272	31.7775	32.7078	31.4900
*UNITED KINGDOM	POUND	1.3016	1.2901	1.2664	1.3961
VENEZUELA	BOLIVAR	3290.15	1358.19	349.39	21089.78
Memo:
UNITED STATES	DOLLAR
1) BROAD	JAN06=100	114.4205	114.4840	116.2465	107.6396
2) AFE	JAN06=100	109.3052	109.0507	110.1101	102.4136
3) EME	JAN06=100	120.9741	121.3685	123.8852	114.2350
4) BROAD - goods only	JAN97=100	126.8192	126.7058	128.5202	117.5502
5) MAJOR - goods only	MAR73=100	91.3867	91.0978	92.0486	85.7143
6) OITP - goods only	JAN97=100	165.5468	165.6854	168.5486	152.0755

Effective on February 4, 2019, the Federal Reserve Board has changed the methodology used to construct the trade-weighted dollar indexes in the H.10, G.5, and G.5A releases. These changes, designed to improve the alignment of the currency weights with current U.S. trade patterns, include revisions to the calculation of the weighting scheme and country composition. In addition, the former Major index has been renamed as the Advanced Foreign Economies (AFE) index, and the Other Important Trading Partners (OITP), index has been renamed as the Emerging Market Economies (EME) index. The Federal Reserve Board will continue to release the dollar indexes based solely on trade in goods until December 31, 2019. These indexes are referred to as "Broad - goods only", "Major - goods only", and "OITP - goods only". For more information on the new methodology, see "Revisions to the Federal Reserve Dollar Indexes."

Please visit the Currency Weights page (http://www.federalreserve.gov/releases/H10/Weights) for current weights and country composition of the Broad Index. The source for exchange rates not listed in the table above but used in the calculation of the Broad, AFE, and EME 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 are advanced foreign economies.
3) A weighted average of the foreign exchange value of the U.S. dollar against a subset of the broad index currencies that are emerging market economies.
4) 5) 6) 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, a subset of advanced foreign economies, and a subset of emerging market economies respectively--using weights based only on trade in goods.