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Rates > Exchange Rates

FOREIGN EXCHANGE RATES
FOR THE WEEK ENDING JANUARY 21, 2005
H.10(512) January 21, 2005

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 U.S. dollar except as noted)
COUNTRY MONETARY
UNIT		 Jan. 17 Jan. 18 Jan. 19 Jan. 20 Jan. 21
*AUSTRALIA       DOLLAR                       0.7578        0.7606        0.7612        0.7712 
 BRAZIL          REAL            H            2.7130        2.7040        2.7227        2.6902 
 CANADA          DOLLAR                       1.2217        1.2268        1.2334        1.2211 
 CHINA, P.R.     YUAN                         8.2765        8.2765        8.2765        8.2765 
 DENMARK         KRONE           O            5.7036        5.7027        5.7417        5.7076 
*EMU MEMBERS     EURO                         1.3043        1.3036        1.2959        1.3049 
 HONG KONG       DOLLAR                       7.7990        7.7982        7.7990        7.7984 
 INDIA           RUPEE           L           43.59         43.61         43.70         43.64   
 JAPAN           YEN                        102.36        102.52        103.31        102.85   
 MALAYSIA        RINGGIT                      3.8000        3.8000        3.8000        3.8000 
 MEXICO          PESO            I           11.249        11.234        11.250        11.245  
*NEW ZEALAND     DOLLAR                       0.6980        0.7030        0.7056        0.7146 
 NORWAY          KRONE                        6.2568        6.2718        6.3257        6.2929 
 SINGAPORE       DOLLAR          D            1.6347        1.6303        1.6392        1.6350 
 SOUTH AFRICA    RAND                         6.0375        6.0188        6.0550        5.9600 
 SOUTH KOREA     WON                       1035.80       1031.00       1031.85       1037.85   
 SRI LANKA       RUPEE           A           98.175        98.550        98.500        97.750  
 SWEDEN          KRONA                        6.9254        6.9220        6.9711        6.9414 
 SWITZERLAND     FRANC                        1.1839        1.1833        1.1904        1.1853 
 TAIWAN          DOLLAR          Y           31.880        31.790        31.790        31.840  
 THAILAND        BAHT                        38.450        38.430        38.570        38.540  
*UNITED KINGDOM  POUND                        1.8693        1.8742        1.8720        1.8740 
 VENEZUELA       BOLIVAR                   1915.20       1915.20       1915.20       1915.20   
             
 MEMO:                      
 UNITED STATES    DOLLAR           
1)BROAD          JAN97=100                    109.55        109.58        109.98        109.54   
2)MAJOR CURRENCY MAR73=100                     81.15         81.26         81.71         81.15   
3)OITP           JAN97=100                    140.94        140.77        140.96        140.90   

This release is available online at http://www.federalreserve.gov/releases/H10.

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/). 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 dollar indexes took effect in early December 2003, and is reflected in the December 22, 2003 release of this weekly report. The source for exchange rates not listed in the table above but used in the calculation of the
broad and OITP indexes is Reuters Limited.

* 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.
 

The euro is reported in place of the individual euro-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
= 5.94573 FINNISH MARKKAS
= 6.55957 FRENCH FRANCS
= 1.95583 GERMAN MARKS
= .787564 IRISH POUNDS
= 1936.27 ITALIAN LIRE
= 40.3399 LUXEMBOURG FRANCS
= 2.20371 NETHERLANDS GUILDERS
= 200.482 PORTUGUESE ESCUDOS
= 166.386 SPANISH PESETAS
= 340.750 GREEK DRACHMAS
 

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.

 


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