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FEDERAL RESERVE statistical release
6.5(405)

J u n e 1 1 , 1990

FOREIGN EXCHANGE RATES

--CORRECTED

MAY 1990

THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE I N MAY 1990 TOGETHER
WITH COMPARABLE FIGURES FOR OTHER MONTHS. AVERAGES ARE BASED ON DAILY NOON BUYING
RATES FOR CABLE TRANSFERS I N NEW YORK CITY CERTIFIED FOR CUSTOMS PURPOSES BY
THE FEDERAL RESERVE BANK OF NEW YORK.
I RATES I N CURRENCY UNITS PER DOLLAR)
MONETARY
UNIT

1990
May

1990
April

1990
March

•AUSTRALIA
AUSTRIA
BELGIUM
CANADA
CHINA,P.R.
DENMARK
*EURO COMMUNITY
FINLAND
FRANCE
GERMANY
GREECE
HONG KONG
INDIA
*1RELAND
ITALY
JAPAN
MALAYSIA
NETHERLANDS
*NEW ZEALAND
NORWAY
PORTUGAL
SINGAPORE
SOUTH AFRICA
SOUTH KOREA
SPAIN
SRI LANKA
SWEDEN
SWITZERLAND
TAIWAN
THAILAND
•UNITED KINGDOM

DOLLAR
SCHILLING
FRANC
DOLLAR
YUAN
KRONE
ECU
MARKKA
FRANC
D. MARK
DRACHMA
DOLLAR
RUPEE
POUND
LIRA
YEN
RINGGIT
GUILDER
DOLLAR
KRONE
ESCUDO
DOLLAR
RAND
WON
PESETA
RUPEE
KRONA
FRANC
DOLLAR
BAHT
POUND

0.7678
11.699
34.325
1.1747
4.7339
6.3349
1.2180
3.9270
5.5989
1.6630
163.82
7.7877
17.325
1.5770
1221.93
154.04
2.7024
1.8704
0.5768
6.4477
147.08
1.8589
2.6468
711.85
104.02
40.023
6.0560
1.4198
26.961
25.928
1.6774

0.7500
11.862
34.868
1.1641
4.7339
6.4305
1.2190
3.9923
5.6638
1.6863
163.77
7.7966
17.294
1.5945
1238.38
158.46
2.7264
1.8984
0.5748
6.5457
149.29
1.8783
2.6552
708.76
107.00
40.018
6.1160
1.4866
26.369
26.024
1.6372

0.7548
11.514
35.398
1.1800
4.7339
6.5349
N. A.
4.0276
5.7555
1.7053
162.44
7.8129
17.116
1.5752
1257.67
153.31
2.7170
1.9204
0.5790
6.5972
150.59
1.8777
2.6158
700.50
109.37
40.018
6.1683
1.5133
26.361
25.925
1.6245

MEMO:
WUNITED STATES

DOLLAR

92.04

93.51

94.11

COUNTRY

1989
May
0.7522
13.691
40.723
1.1925
3.7314
7.5820
N. A .
4.3409
6.5815
1.9461
165.41
7.7800
16.102
1.3490
1415.83
137.86
2.6967
2.1938
0.5845
7.0337
160.71
1.9575
2.6710
669.25
121.39
34.145
6.5756
1.7290
25.788
25.757
1.6307

100.81

WALUE I S U . S . DOLLARS
**INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U . S . DOLLAR AGAINST CURRENCIES OF OTHER
G-10 COUNTRIES. MARCH 1973 = 1 0 0 .
WEIGHTS ARE 1 9 7 2 - 7 6 GLOBAL TRADE OF EACH OF THE
10 COUNTRIES. SERIES REVISED AS OF AUGUST 1978.
FOR DESCRIPTION AND BACK DATA, SEE
"INDEX OF THE WEIGHTED-AVERAGE EXCHANGE VALUE OF THE U . S . DOLLAR: REVISION" ON PAGE
700 OF THE AUGUST 1978 FEDERAL RESERVE BULLETIN.