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FEDERAL RESERVE statistical release
NOVEMBER 3 0 , 1988

G.5(405)

FOREIGN EXCHANGE RATES
NOVEMBER

1988

THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE I N NOVEMBER
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.
(RATES I N CURRENCY UNITS PER DOLLAR)

MONETARY
UNIT

1988
NOVEMBER

1988
OCTOBER

1988
SEPTEMBER

1987
NOVEMBER

^AUSTRALIA
AUSTRIA
BELGIUM
CANADA
CHINA,P.R.
DENMARK
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
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

85.07
12.307
36.670
1.2186
3.7314
6.7547
4.1522
5.9746
1.7491
145.225
7.8095
14.9660
152.70
1300.22
123.20
2.6779
1.9729
64.067
6.5796
145.574
1.9616
2.3943
696.08
115.171
32.989
6.0968
1.4675
28.170
25.146
180.85

80.96
12.777
38.077
1.2055
3.7314
7.0055
4.3041
6.1975
1.8165
148.707
7.8133
14.7200
147.30
1353.36
128.68
2.6785
2.0486
62.113
6.7400
150.128
2.0202
2.4662
712.72
120.022
32.989
6.2694
1.5372
28.880
25.365
173.87

79.15
13.135
39.149
1.2267
3.7314
7.1764
4.4282
6.3515
1.8668
151.471
7.8106
14.4895
143.60
1393.15
134.32
2.6643
2.1063
61.480
6.9150
154.183
2.0409
2.4575
723.00
124.364
32.953
6.4448
1.5763
28.914
25.548
168.40

68.60
11.843
35.190
1.3167
3.7314
6.4962
4.1392
5.7099
1.6821
132.421
7.7968
12.9721
158.08
1238.89
135.40
2.4989
1.8931
61.915
6.4233
136.847
2.0444
50.6736
802.30
113.258
30.519
6.0744
1.3825
29.813
25.495
177.54

MEMO:
•UNITED STATES

DOLLAR

91.91

95.10

97.91

91.49

COUNTRY

tINDEX OF WEIGHTED AVERAGE EXCHANGE VALUE OF U . S . DOLLAR AGAINST CURRENCIES OF OTHER
G-10 COUNTRIES. MARCH 1973 = 100. 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.
*VALUE I S U . S . CENTS