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FEDERAL
statistical
G.5

RESERVE
release
June 4, 1973

FOREIGN EXCHANGE RATES - May 1973
The table below shows the average rates of exchange of twenty-five currencies in
May 1973 together 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
Australia
Austria
Belgium
Canada
Ceylon
Denmark
Finland
France
Germany
India
Ireland
Italy
Japan
Malaysia
Mexico
Netherlands
New Zealand
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
Krone
Escudo
Rand
Peseta
Krona
Franc
Pound

_________________ 1973_____ ____________
April
March
Mav
-141.5000
141.5000
141.2909
4.87590
4.90818
4.83297
2.53559
2.48951
2.53775
99.9280
100.3327
99.9159
15.7740
15.7771
15.8831
16.0990
16.2748
16.2411
25.6275
25.2773
25.8723
22.3414
21.9592
22.1914
35.8409
35.2519
35.5482
13.2600
13.2552
13.3395
248.3733
247.2404
253.0586
.176036
.169714
.170995
.377859
.376657
.381923
40. 3066
40.3332
39.9224
8.00000
8.00000
8.00000
34.8336
34.4882
33.8904
132.9928
132.2105
132.3373
16.9540
17.1964
16.4285
4.10047
4.0050
3.9563
141.4261
141.7047
141.6473
1.72170
1.71830
1.7224
22.1611
22.5668
22.5815
31.0836
30.8207
31.4941
247.2404
248.3733
253.0586

1972
Mav
-119.1000
4.32773
2.27370
101.1200
16.6500
14.3319
24.0841
19.9441
31.4536
13.7627
261.2432
.171751
.328536
35.4455
8.00000
31.1241
119.4091
15.2139
3.70750
133.8182
1.54925
21.0324
25.9032
261.2432