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Summary Measures of the Foreign Exchange Value of the Dollar

Note: The currency weights used to compute the summary measures are updated and revised annually, but in unusual circumstances the weights may be revised at other times as well. Adjustments to the weights will likely result in changes to past values of the nominal and real indexes. Currency weights and index values were last revised on February 3, 2005.

Bilateral dollar exchange rates are available from the Board's H.10 (weekly) and G.5 (monthly) statistical releases.
Nominal Indexes
Broad

Daily | Monthly
The broad index is a weighted average of the foreign exchange values of the U.S. dollar against the currencies of a large group of major U.S. trading partners. The index weights, which change over time, are derived from U.S. export shares and from U.S. and foreign import shares. For details on the construction of the weights, see the article (73 KB PDF) in the Winter 2005 Federal Reserve Bulletin.

Major Currencies Daily through 1989 | Daily after 1989 | Monthly
The major currencies index is a weighted average of the forengi exchange values of the U.S. dollar against a subset of currencies in the broad index that circulate widely outside the country of issue. The weights are derived from those in the broad index.

OITP
(Other important trading partners) Daily | Monthly
The OITP index is a weighted average of the foregin exchange values of the U.S. dollar against a subset of currencies in the broad index that do not circulate widely outside the country of issue. The weights are derived from those in the broad index.
G-10 Daily through 1989 | Daily after 1989 | Monthly
The G-10 index is a weighted average of the foreign exchnage values of the U.S. dollar against the currencies of the other G-10 (Group of Ten) countries (Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, Switzerland, and the United Kingdom). The weight for each of the countries is the sum of the country's world trade during the 1972-76 period divided by the sum of world trade for all ten countries combined. The series was revised as of August 1978 ("Index of the Weighted-Average Exchange Vaule of the U.S. Dollar: Revision," Federal Reserve Bulletin, vol. 64, August 1978, p. 700). Series discontinued after December 1998.
Real Indexes (Monthly Only)
Broad
Major Currencies
OITP
(Other important trading partners)
www.federalreserve.gov/releases/H10/summary/

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See also

• Foreign Exchange Market
• Commodity
• Currency
• Euro
• Exchange Rate
• Foreign Exchange Options
• Currency Future
• Futures Exchange
• Basis Point
• Interest Rate
• Investment