Skip to Content
Release Date: March 15, 1999
Release dates | Daily update | Dollar indexes, summary measures |
Currency weights | Historical data | About
Current release Other formats: Screen reader | ASCII
H.10(512) March 12, 1999
FOREIGN EXCHANGE RATES
FOR THE WEEK ENDING MARCH 12, 1999
The Board of Governors of the Federal Reserve System is advised that the Federal Reserve
Bank of New York has certified for customs purposes the following noon buying rates in
New York City for cable transfers payable in foreign currencies:
(RATES IN CURRENCY UNITS PER DOLLAR)
MONETARY
COUNTRY UNIT Mar. 8 Mar. 9 Mar. 10 Mar. 11 Mar. 12
*AUSTRALIA DOLLAR 0.6305 0.6357 0.6350 0.6365 0.6360
BRAZIL REAL 1.9750 1.9200 1.8700 1.8950 1.9100
CANADA DOLLAR 1.5145 1.5169 1.5240 1.5220 1.5235
CHINA, P.R. YUAN 8.2786 8.2791 8.2788 8.2789 8.2789
DENMARK KRONE 6.8150 6.8375 6.7850 6.8025 6.7970
*EMU MEMBERS EURO 1.0899 1.0873 1.0961 1.0932 1.0936
GREECE DRACHMA 295.30 296.00 293.35 294.15 293.90
HONG KONG DOLLAR 7.7485 7.7483 7.7492 7.7500 7.7490
INDIA RUPEE 42.56 42.53 42.50 42.48 42.52
JAPAN YEN 121.73 121.40 119.84 119.57 118.99
MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 3.8000
MEXICO PESO 9.838 9.795 9.800 9.750 9.770
*NEW ZEALAND DOLLAR 0.5325 0.5346 0.5352 0.5340 0.5340
NORWAY KRONE 7.8575 7.8575 7.8130 7.8000 7.8050
SINGAPORE DOLLAR 1.7282 1.7303 1.7295 1.7358 1.7320
SOUTH AFRICA RAND 6.2000 6.1675 6.1475 6.1600 6.1850
SOUTH KOREA WON 1240.50 1236.50 1234.90 1231.00 1235.00
SRI LANKA RUPEE 69.900 69.750 69.700 69.720 69.680
SWEDEN KRONA 8.2050 8.1890 8.1120 8.0940 8.1150
SWITZERLAND FRANC 1.4612 1.4675 1.4566 1.4685 1.4608
TAIWAN DOLLAR 33.200 33.220 33.150 33.150 33.160
THAILAND BAHT 37.150 37.270 37.480 38.650 37.450
*UNITED KINGDOM POUND 1.6085 1.6148 1.6267 1.6270 1.6335
VENEZUELA BOLIVAR 577.50 577.25 578.25 579.30 580.00
MEMO:
UNITED STATES DOLLAR
1)BROAD JAN97=100 118.28 118.19 117.79 117.88 117.73
2)MAJOR CURRENCY MAR73=100 96.11 96.11 95.62 95.61 95.47
3)OITP JAN97=100 131.49 131.25 131.13 131.37 131.25
This release is available online at http://www.federalreserve.gov/release/.
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/) and "Index of the Weighted-Average
Exchange Value of the U.S. Dollar: Revision," Federal Reserve Bulletin, vol. 64 (August 1978),
p. 700. Weights for broad index can be found at http://www.federalreserve.gov/; weights for
the major currencies index and the other important trading partners (OITP) index are derived
from the broad index weights.
* Value is U.S. dollars.
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.
As of the January 11, 1999 release, the euro is reported in place of the individual euro-area
currencies. These currency rates can be derived from the euro rate by using the fixed conversion
rates (in currencies per euro) given below:
1 EUR = 40.3399 BELGIAN FRANCS
= 1.95583 GERMAN MARKS
= 166.386 SPANISH PESETAS
= 6.55957 FRENCH FRANCS
= .787564 IRISH POUNDS
= 1936.27 ITALIAN LIRE
= 40.3399 LUXEMBOURG FRANCS
= 2.20371 DUTCH GUILDERS
= 13.7603 AUSTRIAN SCHILLINGS
= 200.482 PORTUGUESE ESCUDOS
= 5.94573 FINNISH MARKKAS
Release dates | Daily update | Dollar indexes, summary measures |
Currency weights | Historical data | About
Current release Other formats: Screen reader | ASCII
Home
| Statistical releases
Accessibility
To comment on this site, please fill out our
feedback form.
Last update: March 15, 1999