Full text of G.5 Foreign Exchange Rates : May 31, 1988

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FEDERAL RESERVE statistical release
G.51405)

HAY 3 1 , 1988

FOREIGN EXCHANGE RATES
MAY

1988

THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE I N HAY
1988 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

1988
MAY

1988
APRIL

1988
MARCH

1987
MAY

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

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

77.74
11.912
35.381
1.2373
3.7314
6.4938
4.0297
5.7348
1.6935
135.754
7.8156
13.3157
157.78
1258.81
124.79
2.5847
1.8987
68.889
6.1875
138.448
2.0109
2.2114
739.44
112.044
30.993
5.9091
1.4111
28.666
25.170
186.95

74.80
11.744
34.962
1.2353
3.7314
6.4207
4.0064
5.6704
1.6710
133.860
7.8166
13.1576
159.81
1240.99
124.90
2.5743
1.8749
66.143
6.2140
136.773
2.0044
2.1428
745.31
110.795
30.939
5.8892
1.3823
28.695
25.171
187.82

73.29
11.767
35.126
1.2492
3.7314
6.4261
4.0483
5.6893
1.6770
134.602
7.8028
12.9791
159.33
1240.67
127.11
2.5689
1.8837
66.239
6.3337
137.479
2.0133
2.1330
757,37
112.380
30.892
5.9497
1.3863
28.687
25.232
183.30

71.42
12.574
37.091
1.3411
3.7314
6.7333
4.3604
5.9748
1.7881
133.354
7.8049
12.6660
149.59
1290.80
140.48
2.4759
2.0154
57.639
6.6632
139.182
2.1202
49.8659
832.53
125.284
28.988
6.2606
1.4705
32.354
25.629
166.66

MEMO:
•UNITED STATES

DOLLAR

89.74

88.95

89.73

96.05

COUNTRY

•INDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U.S. DOLLAR AGAINST CURRENCIES OF OTHER
6 - 1 0 COUNTRIES. MARCH 1973 = 100. HEIGHTS ARE 1972-76 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.
*VALUE I S U.S. CENTS