Full text of G.5 Foreign Exchange Rates : July 1, 1968

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FEDERAL
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RESERVE

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July^l, 1968

Missouri,
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FOREIGN EXCHANGE RATES - JUNE 1968
Below is given a table showing average, rates of exchange on twenty-five countries
in June 1968 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 cents per unit of foreign currency)
Country
Argentina
Australia
Austria
Belgium
Canada
Ceylon
Denmark
Finland
France
Germany
India
Ireland
Italy
Japan
Malaysia
Mexico
Netherlands
New Zealand 1/

ti
it
Norway
Portugal
South Africa
Spain
Sweden
Switzerland
United Kingdom

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

1968
May

June

1967
June

April

.281*7
110.81*00
3.8683
2.00^8
92.81*61
16.6615
15.3727
23.7633
20.1070
25.0323
13.2280
238.U620
.160 5
.2761*
32.5090
8.0056
27.6198
110.9536

.281*7
111.051*9
3.8670
2.0110
92.7602
16,6705
13.3986
23.7633
20.2121
2 5 .119 0
13.2681*
238.9230
.1606
.2760
32.5559
8.0056
27.6352
111.1681*

.281*7
111.6382
3.8655
2.0 10 5
92.5681
16.6880
13.1*131*
23.7633
20.2903
25.0929
13.3177
21*0.1786
.1601
.2760
32.651*2
8.0056
27.6319
111.7518

.2851
111.2021
3.8698

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-

-

276.3537
13.9916
3.1*810
139.0372
1.6632
19.1*11*6
23.1663
279.1173

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-

-

11*.0000
3 .1*867
138.5829
1.1*279
19.3522
23.2331
238.1*620
V

-

-

-

11*.0000
3 .1*871*
138.8506
1.1*283
19 .3 5 3 5
23.1178
233.9230

-

-

-

11*.0002
3 .1*891
139.5807
1.1*283
19.3378
23.01*87
21*0.1786

2.011*3
92.51*1*1*

20.9175
11*.1*392

31.0618
20.371*6
25.1220
13.21*18
279.1173
.1601
.2763
32.5188
8.0056
27.7563
—

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1/ Effective July 10, 1967, new Zealand adopted the decimal currency system.
The new unit, the dollar, replaces the pound and consists of 100 cents, equivalent
to 10 shillings or one-half the former pound.
Note. - After the devaluation of the pound sterling on November 18, 1967, the
following countries devalued their currency in relation to the dollars Ceylon,
Denmark, Ireland, New Zealand and Spain.