In December the average monthly value for the trade-weighted dollar index of 15 major currencies tracked by the Federal Reserve Bank of Atlanta declined 0.7 percent. The dollar fell on all subindexes. The largest drop was registered on the Americas subindex, which declined 1.1 percent. The Pacific-excluding-Japan subindex recorded a 0.8 percent decline, while the European subindex declined 0.6 percent, and the Pacific measure waned 0.4 percent. The classic subindex, which is the analogue of the original Atlanta index, was down 0.9 percent in December. The overall index in December was 2.7 percent above its year-ago level. On a daily basis, the overall index’s level at the end of December was down 0.4 percent from its reading at the end of November and was 3.6 percent above its level at the end of December 2004.
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: JANUARY 2006
UPDATE (1995 = 100) |
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| Atlanta Fed Overall Index |
Monthly Subindexes |
|||||
| Americas | Europe | Pacific | Pacific excluding Japan |
Classic | ||
| Monthly Averages | ||||||
| Levels: | ||||||
| 12/05 | 111.753 | 108.547 | 104.654 | 120.086 | 116.105 | 103.564 |
| 11/05 | 112.561 | 109.740 | 105.288 | 120.628 | 117.000 | 104.461 |
| 12/04 | 108.816 | 114.779 | 93.026 | 113.810 | 116.195 | 99.283 |
| 05/95 (low) | 96.925 | 97.085 | 99.231 | 95.303 | 98.733 | 97.435 |
| Percent change: | ||||||
| 11/05–12/05 | –0.7 | –1.1 | –0.6 | –0.4 | –0.8 | –0.9 |
| 12/04–12/05 | 2.7 | –5.4 | 12.5 | 5.5 | –0.1 | 4.3 |
| 05/95–12/05 | 15.3 | 11.8 | 5.5 | 26.0 | 17.6 | 6.3 |
| Daily Data | ||||||
| Levels: | ||||||
| 12/30/05 | 111.811 | 108.928 | 105.183 | 119.466 | 115.484 | 103.570 |
| 11/30/05 | 112.239 | 108.541 | 105.335 | 120.989 | 116.768 | 104.238 |
| 12/31/04 | 107.883 | 113.551 | 92.486 | 112.839 | 115.395 | 93.381 |
| 05/08/95 (low) | 95.740 | 96.549 | 96.705 | 94.236 | 98.571 | 96.238 |
| Percent change: | ||||||
| 11/30/05–12/30/05 | –0.4 | 0.4 | –0.1 | –1.3 | –1.1 | –0.6 |
| 12/31/04–12/30/05 | 3.6 | –4.1 | 13.7 | 5.9 | 0.1 | 5.3 |
| 05/08/95–12/30/05 | 16.8 | 12.8 | 8.8 | 26.8 | 17.2 | 7.6 |
