Board of Governors of the Federal Reserve System

The table below shows the average rates of exchange in AUGUST 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	August 2019	July 2019	June 2019	August 2018
*AUSTRALIA	DOLLAR	0.6775	0.6978	0.6946	0.7325
BRAZIL	REAL	4.0220	3.7785	3.8557	3.9333
CANADA	DOLLAR	1.3273	1.3105	1.3289	1.3042
CHINA, P.R.	YUAN	7.0629	6.8775	6.8977	6.8453
DENMARK	KRONE	6.7034	6.6588	6.6123	6.4574
*EMU MEMBERS	EURO	1.1129	1.1211	1.1295	1.1547
HONG KONG	DOLLAR	7.8420	7.8133	7.8260	7.8492
INDIA	RUPEE	71.1891	68.7391	69.3880	69.6317
JAPAN	YEN	106.1886	108.2864	108.0685	110.9965
MALAYSIA	RINGGIT	4.1865	4.1225	4.1603	4.0917
MEXICO	PESO	19.6828	19.0452	19.2728	18.8633
*NEW ZEALAND	DOLLAR	0.6434	0.6679	0.6602	0.6669
NORWAY	KRONE	8.9659	8.6196	8.6329	8.3398
SINGAPORE	DOLLAR	1.3845	1.3616	1.3621	1.3687
SOUTH AFRICA	RAND	15.1564	14.0356	14.5850	14.0916
SOUTH KOREA	WON	1210.3782	1177.2345	1173.7845	1120.4270
SRI LANKA	RUPEE	177.9386	175.8832	176.4635	160.3217
SWEDEN	KRONA	9.6467	9.4191	9.4085	9.0690
SWITZERLAND	FRANC	0.9787	0.9880	0.9880	0.9880
TAIWAN	DOLLAR	31.3886	31.0768	31.2895	30.7039
THAILAND	BAHT	30.7441	30.7995	31.1010	33.0130
*UNITED KINGDOM	POUND	1.2160	1.2461	1.2675	1.2878
VENEZUELA	BOLIVAR	14439.49	7614.15	6172.40	2495016.2
Memo:
UNITED STATES	DOLLAR
1) BROAD	JAN06=100	117.1879	115.0909	115.4612	113.8809
2) AFE	JAN06=100	110.5512	109.7745	109.6724	108.1656
3) EME	JAN06=100	125.3659	121.8604	122.7270	121.0541
4) BROAD - goods only	JAN97=100	130.3698	127.8484	128.2525	125.3340
5) MAJOR - goods only	MAR73=100	92.2746	91.7037	91.6340	90.4367
6) OITP - goods only	JAN97=100	172.5247	167.4789	168.5098	163.4462

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.