Full text of G.5 Foreign Exchange Rates : August 2, 1971

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RESERVE

FEDERAL
s ta ti stic a
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G. 5

August 2, 1971
SPRINGFIELD, MISSOURI 6580?

FOREIGN EXCHANGE RATES - JULY 1971
The table below shows the average rates of exchange to twenty-five currencies in
July 1971 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.
(Rates in U.S. cents per unit of foreign currency)

Country
Argentina 1/
Australia
Austria 2/
Belgium
Canada 3/
Ceylon
Denmark
Finland
France
Germany 4/
India
Ireland
Italy
Japan
Malaysia
Mexico
Netherlands 4/
New Zealand
Norway
Portugal
South Africa
Spain
Sweden
Switzerland 2/
United Kingdom

1/
2/
3/
4/

Monetary
unit
Peso
Dollar
Schilling
Franc
Dollar
Rupee
Krone
Markka
Franc
D. Mark
Rupee
Pound
Lira
Yen
Dollar
Peso
Guilder
Dollar
Krone
Escudo
Rand
Peseta
Krona
Franc
Pound

July

1971
June

22.6422
112.4146
4.00398
2.01329
97.9124
16.7916
13.3345
23.7350
18.1356
28.7281
13.3466
241.8505
.160476
.279796
32.7331
8.00560
28.0971
112.5296
14.0729
3.50161
140.5531
1.42919
19.3714
24.4227
241.8505

23.6022
112.4307
4.00207
2.01087
97.9127
16.7916
13.3424
23.7350
18.0916
28.4738
13.3458
241.8682
.160090
.279790
32.7195
8.00560
28.0652
112.5457
14.0624
3.50272
140.5721
1.42904
19.3704
24.4090
241.8682

1970
July

May
24.1564
112.4250
3.96760
2.01641
99.1375
16.7916
13.3337
23.7350
18.0938
28.1436
13.3297
241.8715
.160586
.279789
32.6419
8.00560
28.1354
112.5396
13.5557
3.50133
140.5645
1.42906
19.3573
24.2527
241.8715

24.9336
111.1176
3.8670
2.0146
96.8722
16.7700
13.3301
23.7475
18.1201
27.5374
13.2193
239.0591
.1589
.2783
32.3082
8.0056
27. 6937
111.2310
13.9505
3.4913
138.9296
1.4290
19.2823
23.2351
239.0591

July 30, 1971 -- Argentine peso devalued (4.70 to U. S. $1).
May 9, 1971 -- Austrian schilling revalued; new par = 4.04040 U.S. cents..
May 10, 1971 -- Swiss franc revalued; new par = 24.485 U.S. cents.
Canada -- "floating" rate from June 1, 1970.
German mark and Netherlands guilder have been "floated" on May 10, 1971.




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