Foreign Exchange (FOREX) Data Base Manual

May 2001 Contact: (610) 490-2597

This version of the Help documentation is preliminary and does not necessarily represent the current WEFA database. The availability of specific data may not be reflected in this version because of ongoing changes to the data. For example, seriescodes may have been added or dropped and descriptive information (leftmost column) may have changed. Please direct any questions concerning the accuracy or completeness of the information or the availability of data to David Montemurro (610) 490-2597. Please call Cathy Trani (610-490-2613) with any questions regarding the documentation.

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Table of Contents
Introduction .......................................................................................................................... i Mnemonics Design.............................................................................................................. ii Country Code Listing .........................................................................................................iii Glossary............................................................................................................................... v Selling Rate: New York ...................................................................................................... 1 Spot Rate: London............................................................................................................... 3 Forward Exchange Rate, U.S. Dollar Per NCU .................................................................. 5 Forward Exchange Rate, NCU Per U.S. Dollar .................................................................. 6 Friday Exchange Rate ......................................................................................................... 8 Monthly Average Exchange Rates.................................................................................... 12 Monthly Average of Daily Exchange Rates...................................................................... 13 Average of Daily Exchange Rates .................................................................................... 17 Fixed Conversion Rate to the EURO ................................................................................ 18

Introduction
WEFA’s Foreign Exchange Database (FOREX) provides detailed information on exchange rates for approximately 190 countries vis-à-vis the U.S. dollar. These data are of importance to those who follow the highly volatile foreign exchange markets and have experienced difficulty in obtaining historical exchange rate data. The database contains over 600 time series available on a daily, weekly and monthly basis. Start dates vary for the individual series but most weekly time series begin the second week in 1980. The majority of monthly time series begin in January 1957. The important characteristics of these data are their timeliness and accuracy. The daily exchange rates are updated by 12:00 noon (EST) each business day. The weekly exchange rates are available for client access by noon (EST) each business Monday. The monthly exchange rates are updated by the first week of each month for the previous month’s data. The manual is arranged by periodicity and type of exchange rate, with available countries listed alphabetically within each table. Please note that the abbreviation NCU is used throughout the manual to denote National Currency Units.

i

Mnemonics Design
An important characteristic of any database is a consistently defined naming convention, or mnemonics scheme, used to identify the series. As with each of WEFA’s databases, specific conventions are employed in the mnemonics design. An understanding of these conventions will facilitate the user’s ability to access the data found in the Foreign Exchange Database. Seriescodes are alphanumeric and range from 7 to 11 characters in length. The seriescodes may be broken into 4 distinct parts. The following example illustrates the mnemonics scheme. D193REXDF1 Position 1 Description Periodicity Code - D denotes a daily periodicity; W - weekly; M monthly. Every series begins with a periodicity code. Country Code - 193 is the country code for Australia. The country code always occupies the second through fourth positions of each seriescode. A complete list of country codes begins on page iv. Data Type - REX denotes the spot exchange rate data expressed in NCUs/U.S. $. REX will always occupy the fifth through seventh positions of each seriescode. The D represents an exchange rate expressed in U.S. $/NCU. 1 would indicate that the rate is most often a secondary rate, expressed in NCUs/U.S. $. H indicates a past currency exchange rate, other than the present currency for the country. Discontinued series are stored in the FOREX Data Base, appended with an H, but these series are not documented in this manual. Rate Type - F represents a forward exchange rate. If no F appears here the rate is a spot exchange rate. Immediately following the F will be the frequency of the forward exchange rate. 1 indicates a one month forward exchange rate; 2 - two months; 3 - three months; 6 - six months; 12 - one year.

2-4

5-8

9 - 10

ii

Country Code Listing
Country Afghanistan Albania Algeria Andorra (French) Andorra (Spanish) Angola Antigua Argentina Australia Austria Bahamas Bahrain Bangladesh Barbados Belgium Belize Benin Bhutan Bolivia Botswana Brazil Brunei Bulgaria Burkina Faso Burundi Cameroon Republic Canada Cape Verde Cayman Islands Central African Republic Chad Chile China, People’s Republic of Colombia Comoros Republic Congo, People’s Republic Costa Rica Cote D’Ivoire Cuba Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Estonia Ethiopia Euroland Faeroe Islands Falkland Islands Fiji Finland Code 512 914 612 133 B33 614 311 213 193 122 313 419 513 316 124 339 638 514 218 616 223 516 918 748 618 622 156 624 377 626 628 228 924 233 632 634 238 662 928 423 935 128 611 321 243 248 469 253 642 939 644 163 816 323 819 172 Country France French Countries in Africa French Guiana French Pacific Island Gabon Gambia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guatemala Guinea-Bissau Guinea Republic Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Israel Italy Jamaica Japan Jordan Kenya Kiribati Korea, North Korea, South Kuwait Laos, People’s Democratic Republic of Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macao Madagascar Malawi Malaysia Maldive Islands Mali Republic Malta Martinique Mauritania Code 132 795 333 887 646 648 134 652 823 174 326 328 329 258 654 656 336 263 268 532 944 176 534 536 429 433 178 436 136 343 158 439 664 826 954 542 443 544 941 446 666 668 672 B46 946 137 546 674 676 548 556 678 181 349 682

iii

Country Code Listing (Continued)
Country Mauritius Mexico Monaco Mongolia Montserrat Morocco Mozambique Myanmar Namibia Nauru Islands Nepal Netherlands Netherlands Antilles New Zealand Nicaragua Niger Republic Nigeria Norway Oman, Sultanate Pakistan Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Island Poland Portugal Qatar Reunion, Isle de la Romania Russia Rwanda St. Christopher St. Helena St. Lucia St. Pierre and Miquelon St. Vincent Samoa, Western San Marino Sao Tome and Principle DR Saudi Arabia Code 684 273 B32 948 351 686 688 518 728 836 558 138 353 196 278 692 694 142 449 564 283 853 288 293 566 B96 964 182 453 696 968 922 714 358 856 362 363 364 862 B36 716 456 Country Senegal Seychelles Sierra Leone Singapore Slovak Republic Solomon Islands Somalia South Africa Spain Sri Lanka Sudan Surinam Swaziland Sweden Switzerland Syria Taiwan Tanzania Thailand Togo Tonga Island Trinidad and Tobago Tunisia Turkey Tuvalu Uganda United Arab Emirates United Kingdom United States Uruguay Vanuatu Venezuela Vietnam Yemen Arab Republic Yemen, People’s Democratic Rep of Yugoslavia Zaire Republic Zambia Zimbabwe Code 722 718 724 576 936 813 726 199 184 524 732 366 734 144 146 463 528 738 578 742 866 369 744 186 869 746 466 112 111 298 846 299 582 473 459 188 636 754 698

iv

Glossary
Term Buying rate Forward rate Definition The rate at which a party is prepared to purchase a currency against another currency. The rate at which each party promises to pay a certain amount of currency to the other on an agreed upon maturity date which is more than two business days in the future (spot rate). The rate is fixed at the time the transaction is agreed upon but no transactions actually take place until the maturity date. The maturity date can be anywhere from a few days to months and possibly years. E.G. the dollar price at which the Deutsche Mark can be bought for delivery three months later. The rate at which a party will sell a currency to another. The rate at which each party promises to pay a certain amount of currency to the other on an agreed payment date. This agreed payment date is usually two business days after the transaction originated, though in some cases it can be one business day after the transaction is originated.

Selling rate Spot rate

v

Selling Rate: New York
Start Date: Units: Source: Description Selling Rate, New York Quote, 3 P.M. EST: Special drawing rights SDR (U.S. $ Per SDR) European currency EURO (U.S. $ Per EURO) Argentina, Argentine pesos Australia, Australian dollars Austria, Austrian shillings Bahrain, Bahraini dinars Belgium, Belgian francs Brazil, Brazilian real Canada, Canadian dollars Chile, Chilean pesos China, Renmindi yuan Colombia, Colombian pesos Czech Republic, Czech koruna (commercial rate) Denmark, Danish krone Ecuador, Ecuadoran sucres (floating rate) Euroland, Euro Finland, Finnish markka France, French francs Germany, Deutsche marks Greece, Greek drachma Hong Kong, Hong Kong dollars Hungary, Hungarian forint India, Indian rupees Indonesia, Indonesian rupiahs Israel, Israeli new shekel Italy, Italian lira Japan, Japanese yen Jordan, Jordan dinars Kuwait, Kuwaiti dinars Lebanon, Lebanese pounds Malaysia, Malaysian ringgit Malta, Maltese lira Mexico, Mexican pesos (floating rate) Netherlands, Netherlands guilder New Zealand, New Zealand dollars Norway, Norwegian krone Pakistan, Pakistan rupees Peru, Peruvian new soles Philippines, Philippines pesos Poland, Polish zlotys Portugal, Portuguese escudo Russia, Russian ruble Saudi Arabia, Saudi Arabian riyalds Singapore, Singapore dollars Slovak Republic, Slovak koruna South Africa, South African rand South Korea, South Korean won Spain, Spanish pesetas D111REXSDRNY D111REXEURNY D213REXNY D193REXNY D122REXNY D419REXNY D124REXNY D223REXNY D156REXNY D228REXNY D924REXNY D233REXNY D935REXNY D128REXNY D248REXNY D163REXNY D172REXNY D132REXNY D134REXNY D174REXNY D532REXNY D944REXNY D534REXNY D536REXNY D436REXNY D136REXNY D158REXNY D439REXNY D443REXNY D446REXNY D548REXNY D181REXNY D273REXNY D138REXNY D196REXNY D142REXNY D564REXNY D293REXNY D566REXNY D964REXNY D182REXNY D922REXNY D456REXNY D576REXNY D936REXNY D199REXNY D542REXNY D184REXNY 1995.1/13, or as indicated NCU per U.S. dollar Daily Press, or as indicated Seriescode

1

Selling Rate: New York (Continued)
Description Sweden, Swedish krona Switzerland, Swiss Francs Taiwan, Taiwanese dollars Thailand, Thai baht Turkey, Turkish lira United Arab Emirates, (Dirham) United Kingdom, pounds sterling Uruguay, Uruguyan pesos Venezuela, Venezuelan bolivares Selling Rate, 1 Month Forward, New York Quote, 3 P.M. EST: Canada, Canadian dollars France, French francs Germany, Deutsche marks Japan, Japanese yen Switzerland, Swiss francs United Kingdom, pounds sterling Selling Rate, 3 Months Forward, New York Quote, 3 P.M. EST: Canada, Canadian dollars France, French francs Germany, Deutsche marks Japan, Japanese yen Switzerland, Swiss francs United Kingdom, pounds sterling Selling Rate, 6 Months Forward, New York Quote, 3 P.M. EST: Canada, Canadian dollars France, French francs Germany, Deutsche marks Japan, Japanese yen Switzerland, Swiss francs United Kingdom, pounds sterling Seriescode D144REXNY D146REXNY D528REXNY D578REXNY D186REXNY D466REXNY D112REXNY D298REXNY D299REXNY

D156REXF1NY D132REXF1NY D134REXF1NY D158REXF1NY D146REXF1NY D112REXF1NY

D156REXF3NY D132REXF3NY D134REXF3NY D158REXF3NY D146REXF3NY D112REXF3NY

D156REXF6NY D132REXF6NY D134REXF6NY D158REXF6NY D146REXF6NY D112REXF6NY

2

Spot Rate: London
Start Date: Units: Source: Description Spot Rate, Market Quotes, London 12:30 GMT, U.S. Dollar Per NCU, WEFA: Australia, Australian dollar Canada, Canadian dollar Kuwait, Kuwaiti dinar New Zealand, New Zealand dollar South Africa, South African rand United Kingdom, pound sterling Spot Rate, Market Quotes, London 12:30 GMT, U.S. Dollar Per EURO, WEFA: Spot Rate Forward rate, 1 month Forward rate, 2 month Forward rate, 3 month Forward rate, 6 month Forward rate, 12 month D111REXEUR D111REXEURF1 D111REXEURF2 D111REXEURF3 D111REXEURF6 D111REXEURF1 2 98.12/31 98.12/31 98.12/31 98.12/31 98.12/31 98.12/31 D193REXD D156REXD D443REXD D196REXD D199REXD D112REXD 78.01/02 78.01/02 86.05/19 86.05/19 86.05/19 78.01/02 1995.1/13, or as indicated NCU per U.S. dollar Daily Press, or as indicated Seriescode Start Date

Spot Rate, Market Quotes, London 12:30 GMT, NCU Per U.S. Dollar, WEFA: Argentina, Argentine peso Australia, Australian dollar Brazil, Brazilian real cruzeiro Canada, Canadian dollars Chile, Chilean pesos China, Chinese renminbi yuan Colombia, Colombian peso Czech Republic, Czech korunas Denmark, Danish krone Hong Kong, Hong Kong dollars Hungary, Hungarian forint India, Indian rupees Indonesia, Indonesian rupiahs Ireland, Irish punt Japan, Japanese yen Kuwait, Kuwaiti dinars Malaysia, Malaysian ringgit Mexico, Mexican pesos New Zealand, New Zealand dollars Norway, Norwegian krone D213REX D193REX D223REX D156REX D228REX D924REX D233REX D935REX D128REX D532REX D944REX D534REX D536REX D178REX D158REX D443REX D548REX D273REX D196REX D142REX 92.01/02 78.01/02 86.05/19 78.01/02 86.05/19 88.01/04 86.05/19 94.03/14 78.01/02 84.09/03 95.01/04 94.04/11 94.03/14 86.05/19 78.01/02 86.05/19 86.05/19 86.05/19 86.05/19 78.01/02

3

Spot Rate: London (Continued)
Description Philippines, Philippine pesos Poland, Polish zlotys Saudi Arabia, Saudi Arabian riyals Singapore, Singapore dollars South Africa, South African comm. rand South Korea, South Korean won Sweden, Swedish krona Switzerland, Swiss francs Taiwan, Taiwanese dollars Thailand, Thai baht Turkey, Turkish lira United Kingdom, pounds sterling Venezuela, Venezuelan bolivares Seriescode D566REX D964REX D456REX D576REX D199REX D542REX D144REX D146REX D528REX D578REX D186REX D112REX D299REX Start Date 86.05/19 94.03/14 86.05/19 84.09/03 86.05/19 86.05/19 78.01/02 78.01/02 88.01/04 88.01/04 94.03/14 78.01/02 86.05/19

4

Forward Exchange Rate, U.S. Dollar Per NCU
Start Date: Units: Source: Description Forward Exchange Rate, 1 Month, Market Quotes, London 12:30 GMT, U.S. Dollar Per NCU, WEFA: Australia, Australian dollar Canada, Canadian dollars United Kingdom, pound sterling Forward Exchange Rate, 2 Months, Market Quotes, London 12:30 GMT, U.S. Dollar Per NCU, WEFA: Australia, Australian dollar Canada, Canadian dollar United Kingdom, pound sterling Forward Exchange Rate, 3 Months, Market Quotes, London 12:30 GMT, U.S. Dollar Per NCU, WEFA: Australia, Australian dollar Canada, Canadian dollar United Kingdom, pound sterling Forward Exchange Rate, 6 Months, Market Quotes, London 12:30 GMT, U.S. Dollar Per NCU, WEFA: Australia, Australian dollar Canada, Canadian dollar United Kingdom, pound sterling Forward Exchange Rate, 12 Months, Market Quotes, London 12:30 GMT, U.S. Dollar Per NCU, WEFA: Australia, Australian dollar Canada, Canadian dollar United Kingdom, pound sterling D193REXDF12 D156REXDF12 D112REXDF12 78.01/02 78.01/02 78.01/02 D193REXDF6 D156REXDF6 D112REXDF6 78.01/02 78.01/02 78.01/02 D193REXDF3 D156REXDF3 D112REXDF3 78.01/02 78.01/02 78.01/02 D193REXDF2 D156REXDF2 D112REXDF2 78.01/02 78.01/02 78.01/02 D193REXDF1 D156REXDF1 D112REXDF1 78.01/02 78.01/02 78.01/02 1995.1/13, or as indicated NCU per U.S. dollar Daily Press, or as indicated Seriescode Start Date

5

Forward Exchange Rate, NCU Per U.S. Dollar
Description Forward Exchange Rate, 1 Month, Market Quotes, London 12:30 GMT, NCU Per U.S. Dollar, WEFA: Australia, Australian dollars Canada, Canadian dollars Denmark, Danish krone Hong Kong, Hong Kong dollars Japan, Japanese yen Norway, Norwegian krone Singapore, Singapore dollars Sweden, Swedish krona Switzerland, Swiss francs United Kingdom, pounds sterling Forward Exchange Rate, 2 Months, Market Quotes, London 12:30 GMT, NCU Per U.S. Dollar, WEFA: Australia, Australian dollars Canada, Canadian dollars Denmark, Danish krone Hong Kong, Hong Kong dollars Japan, Japanese yen Norway, Norwegian krone Singapore, Singapore dollars Sweden, Swedish krona Switzerland, Swiss francs United Kingdom, pounds sterling Forward Exchange Rate, 3 Months, Market Quotes, London 12:30 GMT, NCU Per U.S. Dollar, WEFA: Australia, Australian dollars Canada, Canadian dollars Denmark, Danish krone Hong Kong, Hong Kong dollars Japan, Japanese yen D193REXF3 D156REXF3 D128REXF3 D532REXF3 D158REXF3 78.01/02 78.01/02 78.01/02 86.07/16 78.01/02 D193REXF2 D156REXF2 D128REXF2 D532REXF2 D158REXF2 D142REXF2 D576REXF2 D144REXF2 D146REXF2 D112REXF2 78.01/02 78.01/02 78.01/02 86.07/16 78.01/02 78.01/02 86.07/16 78.01/02 78.01/02 78.01/02 D193REXF1 D156REXF1 D128REXF1 D532REXF1 D158REXF1 D142REXF1 D576REXF1 D144REXF1 D146REXF1 D112REXF1 78.01/02 78.01/02 78.01/02 86.07/16 78.01/02 78.01/02 86.07/16 78.01/02 78.01/02 78.01/02 Seriescode Start Date

6

Forward Exchange Rate, NCU Per U.S. Dollar (Continued)
Description Norway, Norwegian krone Singapore, Singapore dollars Sweden, Swedish krona Switzerland, Swiss francs United Kingdom, pounds sterling Forward Exchange Rate, 6 Months, Market Quotes, London 12:30 GMT, NCU Per U.S. Dollar, WEFA: : Australia, Australian dollars Canada, Canadian dollars Denmark, Danish krone Hong Kong, Hong Kong dollars Japan, Japanese yen Norway, Norwegian krone Singapore, Singapore dollars Sweden, Swedish krona Switzerland, Swiss francs United Kingdom, pounds sterling Forward Exchange Rate, 12 Months, Market Quotes, London 12:30 GMT, NCU Per U.S. Dollar, WEFA: Australia, Australian dollars Canada, Canadian dollars Denmark, Danish krone Japan, Japanese yen Norway, Norwegian krone Singapore, Singapore dollars Sweden, Swedish krona Switzerland, Swiss francs United Kingdom, pounds sterling D193REXF12 D156REXF12 D128REXF12 D158REXF12 D142REXF12 D576REXF12 D144REXF12 D146REXF12 D112REXF12 78.01/02 78.01/02 78.01/02 78.01/02 78.01/02 86.07/16 78.01/02 78.01/02 78.01/02 Seriescode D142REXF3 D576REXF3 D144REXF3 D146REXF3 D112REXF3 Start Date 78.01/02 86.07/16 78.01/02 78.01/02 78.01/02

D193REXF6 D156REXF6 D128REXF6 D532REXF6 D158REXF6 D142REXF6 D576REXF6 D144REXF6 D146REXF6 D112REXF6

78.01/02 78.01/02 78.01/02 86.07/16 78.01/02 78.01/02 86.07/16 78.01/02 78.01/02 78.01/02

7

Friday Exchange Rate
Units: Source: Description Friday Exchange Rate, London Mid-Morning Quote: Afghanistan, Afghanistan afghanis (commercial rate) Albania, Albanian lek Algeria, Algerian dinars Andorra (French), French francs Andorra (Spanish), Spanish pesetas Angola, Angolan new kwanza Antigua, East Caribbean dollars Argentina, Argentine peso Australia, Australian dollars Austria, Austrian schillings Bahamas, Bahamian dollars Bahrain, Bahraini dinars Bangladesh, Bangladesh taka Barbados, Barbados dollars Belgium, Belgian francs Belize, Belize dollars Benin, CFA francs Bhutan, Bhutan ngultrum Bolivia, Bolivian bolivianos (official rate) Botswana, Botswana pula Brazil, Brazilian cruzieros Brunei, Burnei dollars Bulgaria, Bulgarian lev Burkina Faso, CFA francs Burundi, Burundi francs Cameroon Republic, CFA francs Canada, Canadian dollars Cape Verde, Cape Verde escudos Cayman Islands, Cayman Islands dollars Central African Republic, CFA francs Chad, CFA francs Chile, Chilean pesos (market rate) China, Renminbi yuan Colombia, Colombian pesos (official rate) Commonwealth of Independent States, Russian rouble (market rate) Comoros, Republic CFA francs Congo, Republic CFA francs Costa Rica, Costa Rican colones Cote D’Ivoire, CFA francs Cuba, Cuban pesos Cyprus, Cyprus pounds Czech Republic, Czech Republic koruna (official rate) Denmark, Danish krone Djibouti, Djibouti francs Dominica, East Caribbean dollars Dominican Republic, Dominican Republic pesos (freemarket rate) Ecuador, Ecuadoran sucres (freemarket rate) Egypt, Egyptian pounds El Salvador, El Salvadoran colones (freemarket rate) Equatorial Guinea, CFA francs Estonia, Estonian kroon Ethiopia, Ethiopian birr (official rate) NCU per U.S. dollar Bank of America Seriescode Start Date

W512REX W914REX W612REX W133REX WB33REX W614REX W311REX W213REX W193REX W122REX W313REX W419REX W513REX W316REX W124REX W339REX W638REX W514REX W218REX W616REX W223REX W516REX W918REX W748REX W618REX W622REX W156REX W624REX W377REX W626REX W628REX W228REX W924REX W233REX W922REX W632REX W634REX W238REX W662REX W928REX W423REX W935REX W128REX W611REX W321REX W243REX W248REX W469REX W253REX W642REX W939REX W644REX

80.01/05 83.10/15 80.01/05 83.10/15 83.10/15 83.10/15 83.10/15 91.12/28 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 83.10/15 80.01/05 83.10/15 87.02/07 80.01/05 80.01/05 83.10/15 83.10/15 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 83.10/15 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 92.05/02 80.01/05 80.01/05 80.01/05 80.01/05 83.10/15 80.01/05 83.10/15 80.01/05 80.01/05 80.01/05 80.01/05 83.10/15 83.10/15 84.08/25 80.01/05 94.01/01 80.01/05

8

Friday Exchange Rate (Continued)
Description Faeroe Islands, Danish krone Falkland Islands, pounds sterling Fiji, Fiji dollars Finland, Finnish markka France, French francs French countries in Africa, CFA francs French Guiana, French francs French Pacific Island, CFP francs Gabon, CFA francs Gambia, Gambian dalasi Germany, Deutsche marks Ghana, Ghanaian cedi Gibraltar, pounds sterling Greece, Greek drachma Greenland, Danish krone Grenada, East Caribbean dollars Guadeloupe, French francs Guatemala, Guatemalan quetzales (official rate) Guinea Republic, Guinea Republic francs Guinea-Bissau, Guinea-Bissau pesos Guyana, Guyana dollars Haiti, Haitian gourdes Honduras, Honduran lempira (freemarket rate) Hong Kong, Hong Kong dollars Hungary, Hungarian forint Iceland, Icelandic krona India, Indian rupees Indonesia, Indonesian rupiahs Iran, Iranian rials (official rate) Iraq, Iraqi dinars Ireland, Irish punt Israel, Israeli new shekel Italy, Italian lira Jamaica, Jamaican dollars (official rate) Japan, Japanese yen Jordan, Jordan dinars Kenya, Kenya shillings Kiribati, Australian dollars Kuwait, Kuwaiti dinars Laos, People’s Democratic Republic of, Lao kip Latvia, Latvia lat Lebanon, Lebanese pounds Lesotho, Lesotho maloti Liberia, Liberian dollars Libya, Libyan dinars Liechtenstein, Swiss francs Lithuania, Lithuanian litas Luxembourg, Luxembourg francs Macao, Macao pataca Madagascar, Malagasy francs Malawi, Malawi kwacha Malaysia, Malaysian ringgit Maldive Islands, Maldivian rufiyaa Mali, CFA francs Malta, Maltese lira Martinique, French francs Mauritania, Mauritanian ouguiya Mauritius, Mauritius rupees Mexico, Mexican pesos Monaco, French francs Seriescode W816REX W323REX W819REX W172REX W132REX W795REX W333REX W887REX W646REX W648REX W134REX W652REX W823REX W174REX W326REX W328REX W329REX W258REX W656REX W654REX W336REX W263REX W268REX W532REX W944REX W176REX W534REX W536REX W429REX W433REX W178REX W436REX W136REX W343REX W158REX W439REX W664REX W826REX W443REX W544REX W941REX W446REX W666REX W668REX W672REX WB46REX W946REX W137REX W546REX W674REX W676REX W548REX W556REX W678REX W181REX W349REX W682REX W684REX W273REX WB32REX Start Date 83.10/15 83.10/15 80.01/05 80.01/05 80.01/05 80.01/05 83.10/15 83.10/15 80.01/05 80.01/05 80.01/05 86.09/20 83.10/15 80.01/05 83.10/15 80.01/05 83.10/15 80.01/05 86.02/01 83.10/15 80.01/05 80.01/05 80.01/05 80.01/05 83.10/15 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 83.10/15 80.01/05 83.10/15 94.01/01 80.01/05 80.01/05 80.01/05 80.01/05 83.10/15 94.01/01 80.01/05 83.10/15 80.01/05 80.01/05 80.01/05 83.10/15 84.09/29 80.01/05 83.10/15 80.01/05 80.01/05 83.10/15 83.10/15

9

Friday Exchange Rate (Continued)
Description Mongolia, Mongolian tugrik (official rate) Montserrat, East Caribbean dollars Morocco, Moroccan dirham Mozambique, Mozambique metical Myanmar, Myanmarese kyat Namibia, South African rand (commercial rate) Nauru Island, Australian dollars Nepal, Nepalese rupees Netherlands Antilles, Netherlands Antilles guilders Netherlands, Netherlands guilders New Zealand, New Zealand dollars Nicaragua, Nicaraguan new cordobas Niger Republic, CFA francs Nigeria, Nigerian naira (official rate) North Korea, North Korean won Norway, Norwegian krone Oman, Omani rials Pakistan, Pakistan rupees Panama, Panamanian balboa Papua New Guinea, Papua New Guinea kina Paraguay, Paraguayan guaranies (freemarket rate) Peru, new soles Philippines, Philippine pesos Pitcairn Islands, New Zealand dollars Poland, Polish zloty (official rate) Portugal, Portuguese escudo Qatar, Qatari riyals Reunion, French francs Romania, Romanian leu (official rate) Russia, Russian ruble (market rate) Rwanda, Rwanda francs San Marino, Italian lira Sao Tome and Principe, Sao Tome and Principe dobra Saudi Arabia, Saudi Arabian riyals Senegal, CFA francs Seychelles, Seychelles rupees Sierra Leone, Sierra Leonean leone Singapore, Singapore dollars Slovak, Slovak koruna Slovenia, Slovenia tolar Solomon Islands, Solomon Islands dollars Somali, Somali shillings (freemarket rate) South Africa, South African rand (commercial rate) South Korea, South Korean won Spain, Spanish pesetas Sri Lanka, Sri Lanka rupees St. Christopher, East Caribbean dollars St. Helena, pounds sterling St. Lucia, East Caribbean dollars St. Pierre and Miquelon, French francs St. Vincent, East Caribbean dollars Sudan, Sudanese pounds Surinam, Surinam guilders Swaziland, Swaziland lilangeni Sweden, Swedish krona Switzerland, Swiss francs Syria, Syrian pounds Taiwan, Taiwan dollars (official rate) Tanzania, Tanzanian shillings Thailand, Thai baht Seriescode W948REX W351REX W686REX W688REX W518REX W728REX W836REX W558REX W353REX W138REX W196REX W278REX W692REX W694REX W954REX W142REX W449REX W564REX W283REX W853REX W288REX W293REX W566REX WB96REX W964REX W182REX W453REX W696REX W968REX W922REX W714REX WB36REX W716REX W456REX W722REX W718REX W724REX W576REX W936REX W961REX W813REX W726REX W199REX W542REX W184REX W524REX W358REX W856REX W362REX W363REX W364REX W732REX W366REX W734REX W144REX W146REX W463REX W528REX W738REX W578REX Start Date 83.10/15 83.10/15 80.01/05 83.10/15 80.01/05 83.10/15 83.10/15 80.01/05 80.01/05 80.01/05 80.01/05 88.02/13 80.01/05 86.09/27 83.10/15 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 89.02/18 80.01/05 80.01/05 83.10/15 83.10/15 80.01/05 80.01/05 83.10/15 87.01/03 92.05/08 80.01/05 83.10/15 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 94.01/01 94.01/01 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 83.10/15 83.10/15 80.01/05 83.10/15 83.10/15 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05

10

Friday Exchange Rate (Continued)
Description Togo, CFA francs Tonga Island, Tongan pa’anga Trinidad and Tobago, Trinidad and Tobago dollars Tunisia, Tunisian dinars Turkey, Turkish lira Tuvalu, Australian dollars Uganda, Ugandan new shillings (priority rate) United Arab Emirates, U.A.E. dirham (market rate) United Kingdom, pounds sterling Uruguay, Uruguayan pesos (market rate) Vanuatu, Vanuatu vatu Venezuela, Venezuelan bolavares (freemarket rate) Vietnam, Vietnamese dongs (official rate) Western Samoa, Samoan tala Yemen Arab Republic, Yemen rials Yemen, People’s Democratic Republic of, Yemeni dinars Yugoslavia, Yugoslav dinars Zaire, Zaire zaires Zambia, Zambian kwacha Zimbabwe, Zimbabwean dollars Friday Exchange Rate, London Mid-Morning Quote, U.S. Dollars Per NCU, Bank of America: Cyprus, Cyprus pound Falkland Islands, pound sterling Gibraltar, pound sterling Ireland, Irish punt Malta, Maltese lira St. Helena, pound sterling United Kingdom, pound sterling Friday Exchange Rate, 3 P.M. EDT Quote, NCU Per U.S. Dollar, Daily Press: Canada, Canadian dollar Ecuador, Ecuadoran sucres (financial rate) France, French franc Germany, German mark Guinea Republic, Guinea Republic francs (public transaction rate) Italy, Italian lira Japan, Japanese yen South Africa, South African rand (financial rate) Switzerland, Swiss francs United Kingdom, British pound Mexico, Mexican pesos Seriescode W742REX W866REX W369REX W744REX W186REX W869REX W746REX W466REX W112REX W298REX W846REX W299REX W582REX W862REX W473REX W459REX W188REX W636REX W754REX W698REX Start Date 80.01/05 83.10/15 86.01/04 80.01/05 80.01/05 83.10/15 87.05/16 80.01/05 80.01/05 80.01/05 83.10/08 83.10/15 85.12/28 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05 80.01/05

W423REXD W323REXD W823REXD W178REXD W181REXD W856REXD W112REXD

80.01/05 83.10/15 83.10/15 80.01/05 80.01/05 83.10/15 80.01/05

W156REX1 W248REX1 W132REX1 W134REX1 W656REX1 W136REX1 W158REX1 W199REX1 W146REX1 W112REX1 W273REX2

82.10/23 87.01/03 82.10/23 82.10/23 86.02/01 82.10/23 82.10/23 94.01/01 83.12/31 82.10/23 83.10/08

11

Monthly Average Exchange Rates
Units: Source: Description Monthly Average Exchange Rates, Bank of America: Afghanistan, Afghanistan afghanis Iraq, Iraqi dinars Liechtenstein, Swiss francs Monaco, French francs Pitcairn Island, New Zealand dollars San Marina, Italian lira Spanish Andorra, Spanish pesetas NCU per U.S. dollar International Financial Statistics, or Bank of America Seriescode Start Date

M512REX M433REX MB46REX MB32REX MB96REX MB36REX MB33REX

1957.01 1957.01 1983.11 1983.11 1983.11 1983.11 1983.11

12

Monthly Average of Daily Exchange Rates
Units: Source: Description Monthly Average of Daily Exchange Rates: Albania, Albanian lek Algeria , Algerian dinars Angola, Angolan kwanza Antigua, East Caribbean dollars Argentina, Argentine pesos (freemarket) Australia, Australian dollars Austria , Austrian schillings Bahamas, Bahamian dollars Bahrain, Bahraini dinars Bangladesh, Bangladesh taka Barbados, Barbados dollars Belgium, Belgian francs (commercial rate) Belize, Belize dollars Beninfo, CFA francs Bhutan, Bhutan ngultrum Bolivia, Bolivian bolivianos (official rate) Botswana, Botswana pula Brazil, Brazilian cruzieros Brunei, Brunei dollars Bulgaria, Bulgarian lev Burkina Faso, CFA francs Burundi, Burundi francs Cameroon Republic, CFA francs Canada, Canadian dollars Cape Verde, Cape Verde escudos Cayman Islands, Cayman Islands dollars Central African Republic, CFA francs Chad, CFA francs Chile, Chilean Pesos (official, preferential rate) China, Renminbi yuan Colombia, Colombian pesos (official rate) Comoros, CFA francs Congo, CFA francs Costa Rica, Costa Rican colones Cote D’Ivoire, CFA francs Cuba, Cuban pesos Cyprus, Cyprus pounds Czech Republic, Czechoslovak koruna (official rate) Denmark, Danish krone Djibouti, Djibouti francs Dominica, East Caribbean dollars Dominican Republic, Dominican Republic pesos Ecuador, Ecuadoran sucres (freemarket rate) Egypt, Egyptian pounds (official rate) Equatorial Guinea, CFA francs El Salvador, El Salvadoran colones (freemarket rate) Ethiopia, Ethiopian birr (official rate) Faeroe Islands, Danish krone Falkland Islands, pounds sterling Fiji, Fiji dollars Finland, Finnish markka France, French francs NCU per U.S. dollar International Financial Statistics, or Bank of America Seriescode Start Date

M914REX M612REX M614REX M311REX M213REX M193REX M122REX M313REX M419REX M513REX M316REX M124REX M339REX M638REX M514REX M218REX M616REX M223REX M516REX M918REX M748REX M618REX M622REX M156REX M624REX M377REX M626REX M628REX M228REX M924REX M233REX M632REX M634REX M238REX M662REX M928REX M423REX M935REX M128REX M611REX M321REX M243REX M248REX M469REX M642REX M253REX M644REX M816REX M323REX M819REX M172REX M132REX

1983.11 1957.01 1983.11 1957.01 1959.01 1957.01 1957.01 1957.01 1966.01 1970.01 1957.01 1957.01 1957.01 1957.01 1957.01 1959.03 1957.01 1957.01 1983.11 1983.11 1957.01 1957.01 1957.01 1957.01 1957.01 1983.11 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1983.11 1957.01 1983.11 1957.01 1957.01 1957.01 1980.02 1983.11 1957.01 1957.01 1957.01 1957.01 1983.11 1983.11 1957.01 1957.01 1957.01

13

Monthly Average of Daily Exchange Rates (Continued)
Description French Andorra, French francs French Guiana, French francs French Pacific Island, CFP francs Gabon, CFA francs Gambia, Gambian dalasi Germany, Deutsche marks Ghana, Ghanaian cedi Gibraltar, pounds sterling Greece, Greek drachma Greenland, Danish krone Grenada, East Caribbean dollars Guadeloupe, French francs Guatemala, Guatemalan quetzales (official rate) Guinea Republic, Guinea Republic francs Guinea-Bissau, Guinea-Bissau pesos Guyana, Guyana dollars Haiti , Haitian gourdes Honduras, Honduran lempira (freemarket rate) Hong Kong, Hong Kong dollars Hungary, Hungarian forint Iceland, Icelandic krona India, Indian rupees Indonesia, Indonesian rupiahs Iran, Iranian rials (official rate) Ireland, Irish punt Israel, Israeli new shekel Italy, Italian lira Jamaica, Jamaican dollars Japan, Japanese yen Jordan, Jordan dinars Kenya, Kenyan shillings Kiribati, Australian dollars Kuwait, Kuwaiti dinars Laos, People’s Democratic Republic of, Lao kip Lebanon, Lebanese pounds Lesotho, Lesotho maloti Liberia, Liberian dollars Libya, Libyan dinars Luxembourg, Luxembourg francs Macao, Macao patacas Madagascar, Malagasy francs Malawi, Malawi kwacha Malaysia, Malaysian ringgit Maldive Islands, Maldivian rufiyaa Mali, CFA francs Malta, Maltese lira Martinique, French francs Mauritania, Mauritanian ouguiya Mauritius, Mauritius rupees Mexico, Mexican pesos (freemarket rate) Mongolia, Mongolian tugrik (official rate) Montserrat, East Caribbean dollars Morocco, Moroccan dirham Mozambique, Mozambique metical Myanmar, Myanmar kyat Namibia, South African rand Nauru Island, Australian dollars Nepal, Nepalese rupees Netherlands Antilles, Netherlands Antilles guilders Netherlands, Netherlands guilders Seriescode M133REX M333REX M887REX M646REX M648REX M134REX M652REX M823REX M174REX M326REX M328REX M329REX M258REX M656REX M654REX M336REX M263REX M268REX M532REX M944REX M176REX M534REX M536REX M429REX M178REX M436REX M136REX M343REX M158REX M439REX M664REX M826REX M443REX M544REX M446REX M666REX M668REX M672REX M137REX M546REX M674REX M676REX M548REX M556REX M678REX M181REX M349REX M682REX M684REX M273REX M948REX M351REX M686REX M688REX M518REX M728REX M836REX M558REX M353REX M138REX Start Date 1983.11 1983.11 1983.11 1957.01 1957.01 1957.01 1957.01 1983.11 1957.01 1983.11 1957.01 1983.11 1957.01 1986.01 1957.01 1957.01 1957.01 1957.01 1957.01 1968.01 1957.01 1957.01 1967.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1983.11 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1983.11 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1983.11 1957.01 1957.01 1982.08 1983.11 1983.11 1957.01 1983.11 1957.01 1983.11 1983.11 1957.01 1957.01 1957.01

14

Monthly Average of Daily Exchange Rates (Continued)
Description New Zealand, New Zealand dollars Nicaragua, Nicaraguan new cordobas Niger Republic, CFA francs Nigeria, Nigerian naira (freemarket rate) North Korea, North Korean won Norway, Norwegian krone Oman, Omani rials Pakistan, Pakistan rupees Panama, Panamanian balboa Papua New Guinea, Papua New Guinea kina Paraguay, Paraguayan guaranies (freemarket rate) Peru, new soles Philippines, Philippine pesos Poland, Polish zloty (official rate) Portugal, Portuguese escudo Qatar, Qatari riyald Reunion, French francs Romania, Romanian leu (commercial rate) Rwanda, Rwanda francs Sao Tome and Principe, Sao Tome and Principe dobra Saudi Arabia, Saudi Arabian riyals Senegal, CFA francs Seychelles, Seychelles rupees Sierra Leone, Sierra Leonean leone Singapore, Singapore dollars Solomon Islands, Solomon Islands dollars Somali, Somali shillings South Africa, South African rand (commercial rate) South Korea, South Korean won Spain, Spanish pesetas Sri Lanka, Sri Lanka rupees St. Lucia, East Caribbean dollars St. Christopher, East Caribbean dollars St. Helena, pounds sterling St. Pierre, French francs St. Vincent, East Caribbean dollars Sudan, Sudanese pounds Surinam, Surinam guilders Swaziland, Swaziland lilangeni Sweden , Swedish krona Switzerland, Swiss francs Syria, Syrian pounds (official rate) Taiwan, Taiwan dollars (official rate) Tanzania, Tanzanian shillings Thailand, Thai baht Togo, CFA francs Tonga Island, Tongan pa’anga Trinidad and Tobago, Trinidad and Tobago dollars Tunisia, Tunisian dinars Turkey, Turkish lira Tuvalu, Australian dollars Uganda, Ugandan new shillings United Arab Emirates, United Arab Emirates dirham United Kingdom, pounds sterling Uruguay, Uruguayan pesos (market rate) Vanatu, Vanuatu vatu Venezuela, Venezuelan bolivares (freemarket rate) Vietnam, Vietnamese dongs West Germany, Deutsche marks Western Samoa, Samoan tala Seriescode M196REX M278REX M692REX M694REX M954REX M142REX M449REX M564REX M283REX M853REX M288REX M293REX M566REX M964REX M182REX M453REX M696REX M968REX M714REX M716REX M456REX M722REX M718REX M724REX M576REX M813REX M726REX M199REX M542REX M184REX M524REX M362REX M358REX M856REX M363REX M364REX M732REX M366REX M734REX M144REX M146REX M463REX M528REX M738REX M578REX M742REX M866REX M369REX M744REX M186REX M869REX M746REX M466REX M112REX M298REX M846REX M299REX M582REX M134REX M862REX Start Date 1957.01 1957.01 1957.01 1986.10 1983.11 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1960.01 1957.01 1983.11 1957.01 1966.01 1983.11 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1983.11 1983.11 1983.11 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1957.01 1980.01 1957.01 1957.01 1957.01 1983.11 1986.01 1957.01 1957.01 1983.11 1957.01 1966.01 1957.01 1957.01 1957.01 1957.01 1986.01 1957.01 1957.01

15

Monthly Average of Daily Exchange Rates (Continued)
Description Yemen Arab Republic, Yemen rials Yugoslavia, Ugoslav dinars Zaire, Zaire zaires Zambia, Zambian kwacha Zimbabwe, Zimbabwean dollars Monthly Average of Daily Exchange Rates, U. S. Dollars Per NCU: Cyprus, Cyprus pound, IFS Falkland Islands, Friday exchange rate, pound sterling, BOA Gibraltar, Friday exchange rate, pound sterling, BOA Ireland, Irish punt, IFS Malta, Maltese lira, IFS St. Helena, Friday exchange rate, pound sterling, BOA United Kingdom, pound sterling, IFS Seriescode M473REX M188REX M636REX M754REX M698REX Start Date 1968.12 1957.01 1957.01 1957.01 1957.01

M423REXD M323REXD M823REXD M178REXD M181REXD M856REXD M112REXD

1957.01 1983.11 1983.11 1957.01 1957.01 1983.11 1957.01

16

Average of Daily Exchange Rates
Units: Source: Description Average of Daily Exchange Rates Ecuador, Ecuadoran sucres (financial rate) Egypt, Egyptian pounds (floating rate) Guinea Republic, Guinea Republic francs (public transaction rate) Mexico, Mexican pesos (controlled rate) per U.S. dollar, IFS NCU per U.S. dollar International Financial Statistics, or Bank of America Seriescode Start Date

M248REX1 M469REX1 M656REX1 M273REX1

1957.01 1985.02 1986.02 1957.01

17

Fixed Conversion Rate to the EURO
Units: Source: Description Austria, Austrian Schillings per EURO Belgium, Belgian Francs per EURO Finland, Finnish Markkas per EURO France, French Francs per EURO Germany, Deutsche Marks per EURO Ireland, Irish Pounds per EURO Italy, Italian Liras per EURO Luxembourg, Luxembourg Francs per EURO Netherlands, Dutch Guilders per EURO Portugal, Portuguese Escudos per EURO Spain, Spanish Pesetas per EURO NCU per EURO European Commission Seriescode A122REXEUR A124REXEUR A172REXEUR A132REXEUR A134REXEUR A178REXEUR A136REXEUR A137REXEUR A138REXEUR A182REXEUR A184REXEUR Start Date 1998.12 1998.12 1998.12 1998.12 1998.12 1998.12 1998.12 1998.12 1998.12 1998.12 1998.12

18