[Economic Report of the President (2007)]
[Administration of George W. Bush]
[Online through the Government Printing Office, www.gpo.gov]


 
Table B-110.--Foreign exchange rates, 1985-2006
[Foreign currency units per U.S. dollar, except as noted; certified noon buying rates in New York]
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China,   EMU  Members                                   South             Switzer-    United
Period                Australia    Canada     P.R.      (euro) \1\   Germany     Japan    Mexico     Korea    Sweden      land     Kingdom
(dollar)   (dollar)   (yuan)        \2\        (mark)     (yen)    (peso)     (won)    (krona)   (franc)    (pound)
--------------------------------------\2\-------------------------------------------\1\-----------------------------------------------------------\2\---
March 1973......................      1.2716     0.9967    2.2401  ............     2.8132    261.90     0.013    398.85    4.4294    3.2171     2.4724
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1985............................      0.7003     1.3659    2.9434  ............     2.9420    238.47     0.257    872.45    8.6032    2.4552     1.2974
1986............................      0.6709     1.3896    3.4616  ............     2.1705    168.35     0.612    884.60    7.1273    1.7979     1.4677
1987............................      0.7014     1.3259    3.7314  ............     1.7981    144.60     1.378    826.16    6.3469    1.4918     1.6398
1988............................      0.7841     1.2306    3.7314  ............     1.7570    128.17     2.273    734.52    6.1370    1.4643     1.7813
1989............................      0.7919     1.1842    3.7673  ............     1.8808    138.07     2.461    674.13    6.4559    1.6369     1.6382

1990............................      0.7807     1.1668    4.7921  ............     1.6166    145.00     2.813    710.64    5.9231    1.3901     1.7841
1991............................      0.7787     1.1460    5.3337  ............     1.6610    134.59     3.018    736.73    6.0521    1.4356     1.7674
1992............................      0.7352     1.2085    5.5206  ............     1.5618    126.78     3.095    784.66    5.8258    1.4064     1.7663
1993............................      0.6799     1.2902    5.7795  ............     1.6545    111.08     3.116    805.75    7.7956    1.4781     1.5016
1994............................      0.7316     1.3664    8.6397  ............     1.6216    102.18     3.385    806.93    7.7161    1.3667     1.5319
1995............................      0.7407     1.3725    8.3700  ............     1.4321     93.96     6.447    772.69    7.1406    1.1812     1.5785
1996............................      0.7828     1.3638    8.3389  ............     1.5049    108.78     7.600    805.00    6.7082    1.2361     1.5607
1997............................      0.7437     1.3849    8.3193  ............     1.7348    121.06     7.918    953.19    7.6446    1.4514     1.6376
1998............................      0.6291     1.4836    8.3008  ............     1.7597    130.99     9.152  1,400.40    7.9522    1.4506     1.6573
1999............................      0.6454     1.4858    8.2783      1.0653    .........    113.73     9.553  1,189.84    8.2740    1.5045     1.6172

2000............................      0.5815     1.4855    8.2784      0.9232    .........    107.80     9.459  1,130.90    9.1735    1.6904     1.5156
2001............................      0.5169     1.5487    8.2770      0.8952    .........    121.57     9.337  1,292.02   10.3425    1.6891     1.4396
2002............................      0.5437     1.5704    8.2771      0.9454    .........    125.22     9.663  1,250.31    9.7233    1.5567     1.5025
2003............................      0.6524     1.4008    8.2772      1.1321    .........    115.94    10.793  1,192.08    8.0787    1.3450     1.6347
2004............................      0.7365     1.3017    8.2768      1.2438    .........    108.15    11.290  1,145.24    7.3480    1.2428     1.8330
2005............................      0.7627     1.2115    8.1936      1.2449    .........    110.11    10.894  1,023.75    7.4710    1.2459     1.8204
2006............................      0.7535     1.1340    7.9723      1.2563    .........    116.31    10.906    954.32    7.3718    1.2532     1.8434

2005: I.........................      0.7779     1.2262    8.2765      1.3112    .........    104.54    11.184  1,022.22    6.9225    1.1817     1.8911
II........................      0.7689     1.2438    8.2765      1.2591    .........    107.53    10.967  1,008.19    7.3190    1.2270     1.8560
III.......................      0.7598     1.2014    8.1367      1.2196    .........    111.24    10.715  1,029.01    7.6788    1.2742     1.7847
IV........................      0.7437     1.1733    8.0829      1.1890    .........    117.28    10.710  1,036.11    7.9699    1.3015     1.7486

2006: I.........................      0.7389     1.1547    8.0498      1.2033    .........    116.88    10.601    975.39    7.7689    1.2961     1.7532
II........................      0.7472     1.1219    8.0104      1.2576    .........    114.39    11.182    949.18    7.3938    1.2435     1.8286
III.......................      0.7572     1.1211    7.9654      1.2741    .........    116.28    10.945    954.98    7.2435    1.2380     1.8751
IV........................      0.7707     1.1390    7.8626      1.2898    .........    117.76    10.885    937.88    7.0821    1.2356     1.9166
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Trade-weighted value of the U.S. dollar
-------------------------------------------------------------------------------------------------
Nominal                                         Real \7\
-------------------------------------------------------------------------------------------------
Major                                     Major
G-10 index    Broad index   currencies    OITP index    Broad index   currencies    OITP index
(March       (January    index (March    (January       (March     index (March     (March
1973=100)     1997=100)     1973=100)     1997=100)     1973=100)     1973=100)     1973=100)
---------------------\3\-----------\4\-----------\5\-----------\6\-----------\4\-----------\5\-----------\6\----

1985.......... --------143.0---------67.16--------133.55---------13.14--------122.64--------122.18--------124.18
1986..........         112.2         62.35        109.77         16.49        107.27         99.82        128.65
1987..........          96.9         60.42         97.16         19.92         98.55         89.31        125.98
1988..........          92.7         60.92         90.43         24.07         92.01         84.28        115.13
1989..........          98.6         66.90         94.29         29.61         93.74         88.61        109.69

1990..........          89.1         71.41         89.91         40.10         91.22         85.24        109.35
1991..........          89.8         74.35         88.59         46.69         89.82         83.74        108.45
1992..........          86.6         76.91         87.00         53.13         87.93         82.61        104.85
1993..........          93.2         83.78         89.90         63.37         89.32         85.86        102.37
1994..........          91.3         90.87         88.43         80.54         89.16         85.51        102.44
1995..........          84.2         92.65         83.41         92.51         86.72         81.63        102.51
1996..........          87.3         97.46         87.25         98.24         88.73         86.56         99.51
1997..........          96.4        104.43         93.93        104.64         93.46         93.87        100.56
1998..........          98.8        115.89         98.45        125.89        101.45         98.96        113.74
1999..........  ............        116.04         96.89        129.20        100.83         98.72        112.45

2000..........  ............        119.45        101.58        129.84        104.70        105.38        112.63
2001..........  ............        125.93        107.67        135.91        110.72        112.86        117.15
2002..........  ............        126.67        105.99        140.36        110.87        111.23        119.61
2003..........  ............        119.11         92.99        143.52        104.15         98.11        121.20
2004..........  ............        113.63         85.37        143.38         99.52         91.11        119.86
2005..........  ............        110.71         83.71        138.89         97.88         90.91        116.16
2006..........  ............        108.52         82.46        135.38         96.70         90.81        113.42

2005: I.......  ............        109.40         81.21        139.95         95.79         87.34        115.95
II......  ............        110.70         83.49        139.23         97.88         90.53        116.68
III.....  ............        110.97         84.46        138.22         98.73         92.16        116.53
IV......  ............        111.76         85.68        138.11         99.10         93.61        115.51

2006: I.......  ............        110.24         84.79        135.78         97.59         92.75        112.98
II......  ............        108.50         81.95        136.26         97.33         90.66        115.17
III.....  ............        107.96         81.55        135.55         97.01         90.40        114.71
IV......  ............        107.37         81.59        133.97         94.87         89.42        110.81
\1\ European Economic and Monetary Union members include Austria, Belgium, Finland, France, Germany, Greece,
Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, and beginning in 2007, Slovenia.
\2\ U.S. dollars per foreign currency unit.
\3\ G-10 index discontinued after December 1998.
\4\ Weighted average of the foreign exchange value of the dollar against the currencies of a broad group of U.S.
trading partners.
\5\ Subset of the broad index. Includes currencies of the euro area, Australia, Canada, Japan, Sweden,
Switzerland, and the United Kingdom.
\6\ Subset of the broad index. Includes other important U.S. trading partners (OITP) whose currencies are not
heavily traded outside their home markets.
\7\ Adjusted for changes in consumer price indexes for the United States and other countries.

Source: Board of Governors of the Federal Reserve System.