Email
Print Friendly
A A A

Press Releases

For immediate release: Feb. 7, 2007

Dollar Appreciates in January

The average monthly value for the trade-weighted dollar index of 15 major currencies tracked by the Federal Reserve Bank of Atlanta increased 1.4 percent in January from the previous month. All subindexes were up more than 1 percent in January with the exception of the Pacific-excluding-Japan subindex, which gained only 0.2 percent. The Americas subindex rose 1.6 percent, followed by a 1.4 percent gain in the Europe measure and a 1.2 percent increase in the Pacific subindex. The classic subindex, which is the analogue of the original Atlanta index, was up 1.5 percent in January. The overall index in January was 1 percent below its year-ago level. On a daily basis, the overall index increased 1.2 percent from the end of December 2006 to the end of January but was 0.3 percent lower than its value at the end of January 2006.

The Atlanta Fed index is based on 1995–97 bilateral trade weights for 15 currencies. The European subindex includes the European Monetary Union, Switzerland and the United Kingdom. The Pacific subindex includes Australia, China, Hong Kong, Japan, Malaysia, Singapore, South Korea and Taiwan. The Americas subindex includes Brazil, Canada and Mexico. The overall dollar index includes the Saudi Arabian riyal along with the foregoing 14 currencies. The classic subindex includes the European Monetary Union, Switzerland, the United Kingdom, Australia, China, Hong Kong, Japan, Singapore, South Korea, Taiwan, Saudi Arabia and Canada. All figures are indexes and not actual exchange rates. A rise in the index or subindex reflects a strengthening of the dollar against currencies included.


ATLANTA FED DOLLAR INDEXES: FEBRUARY 2007 UPDATE
(1995 = 100)
Atlanta Fed
Overall Index
Monthly
Subindexes
Americas Europe Pacific Pacific
excluding
Japan
Classic
Monthly Averages
Levels:
01/07 109.006 110.080 95.254 117.437 110.510 100.517
12/06 107.545 108.386 93.961 116.050 110.306 99.009
01/06 110.096 107.997 102.578 117.461 113.834 101.894
05/95 (low) 96.925 97.085 99.231 95.303 98.733 97.435
Percent change:
12/06–01/07 1.4 1.6 1.4 1.2 0.2 1.5
01/06–01/07 –1.0 1.9 –7.1 0.0 –2.9 –1.4
05/95–01/07 12.5 13.4 –4.0 23.2 11.9 3.2
Daily Data
Levels:
01/31/07 109.265 110.461 95.218 117.789 110.708 100.719
12/29/06 108.015 108.928 94.091 116.708 110.261 99.613
01/31/06 109.575 106.720 102.215 117.621 113.144 101.511
05/08/95 (low) 95.740 96.549 96.705 94.236 98.571 96.238
Percent change:
12/29/06–01/31/07 1.2 1.4 1.2 0.9 0.4 1.1
01/31/06–01/31/07 –0.3 3.5 –6.8 0.1 –2.2 –0.8
05/08/95–01/31/07 14.1 14.4 –1.5 25.0 12.3 4.7

Based on 1995–97 bilateral trade weights for 15 currencies. Technical details of country selection, weighting and index construction are available in the June/July 1986, Summer 1987, September/October 1990 and Third Quarter 1999 issues of the Atlanta Fed's Economic Review.

Atlanta Fed Dollar Indexes Table: History