Email
Print Friendly
A A A

Press Releases


For immediate release: Nov. 7, 2005

DOLLAR APPRECIATED IN OCTOBER

In October the average monthly value for the trade-weighted dollar index of 15 major currencies tracked by the Federal Reserve Bank of Atlanta rose 1.1 percent. The dollar gained on all subindexes, except for the Americas subindex, which was unchanged. The dollar gained 1.9 percent on the European subindex, 1.8 percent on the Pacific index and 0.8 percent on the Pacific-excluding-Japan subindex. The classic subindex, which is the analogue of the original Atlanta index, was up 1.3 percent in October. However, the overall index in October was 1.3 percent lower than its year-ago level. On a daily basis, the overall index’s level at the end of October was up 1 percent from its reading at the end of September and was 0.3 percent above its level at the end of October 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: NOVEMBER 2005 UPDATE
(1995 = 100)
Atlanta Fed
Overall Index
Monthly
Subindexes
Americas Europe Pacific Pacific
excluding
Japan
Classic
Monthly Averages
Levels:
10/05 111.624 110.083 103.308 119.005 116.813 103.193
09/05 110.380 110.030 101.390 116.927 115.939 101.864
10/04 113.069 117.410 99.622 118.091 119.744 103.518
05/95 (low) 96.925 97.085 99.231 95.303 98.733 97.435
Percent change:
09/05–10/05 1.1 0.0 1.9 1.8 0.8 1.3
10/04–10/05 -1.3 -6.2 3.7 0.8 -2.4 -0.3
05/95–10/05 15.2 13.4 4.1 24.9 18.3 5.9
Daily Data
Levels:
10/31/05 111.891 110.064 103.437 119.679 116.885 103.545
09/30/05 110.757 108.822 103.034 118.107 116.439 102.346
10/29/04 111.510 116.186 97.803 116.327 118.818 101.684
05/08/95 (low) 95.740 96.549 96.705 94.236 98.571 96.238
Percent change:
09/30/05–10/31/05 1.0 1.1 0.4 1.3 0.4 1.2
10/29/04–10/31/05 0.3 -5.3 5.8 2.9 -1.6 1.8
05/08/95–10/31/05 16.9 14.0 7.0 27.0 18.6 7.6

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