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Non-US $ into non-US
Country Currency curr. into $ currency
--------- --------- ---------- ------------
Australia dollar $0.7394 1.3524
Austria schilling 0.0782 12.78
Belgium franc 0.0266 37.53
Brazil real 0.9250 1.0811
Britain pound 1.679 0.5956
Canada dollar 0.7260 1.3775
China yuan 0.1202 8.3211
France franc 0.1628 6.1436
Germany mark 0.5482 1.8240
Hong Kong dollar 0.1291 7.7475
Ireland punt 1.4957 0.6686
Israel shekel 0.2832 3.5314
Italy lira 0.000564 1772.90
Japan yen 0.008684 115.15
Netherlands guilder 0.4892 2.0440
New Zealand dollar 0.6534 1.5305
Russia ruble 0.000173 5787.50
Saudi Arabia riyal 0.2666 3.7505
Singapore dollar 0.6818 1.4667
Sweden krona 0.1285 7.7841
Switzerland franc 0.6759 1.4796
Currency conversion:
Currency exchange rates vary from day to day (really, from minute to
minute!), and vary depending on how far into the future you want to try
to set the rate. "Spot" rates are rates for immediate exchange, and
"forward" rates are exchange rates as of some stated number of days into
the future - typically 30, 60, or 90 days.
The above table is taken from The New York Times on Wednesday,
July 23, 1997 (the rates are as of close-of-business on Tuesday, July 22, 1997),
and shows spot rates. This table can be used for estimating and approximating, but is
only valid for that day. The papers will typically have rates from
many more countries than just those shown; this is only a
representative sampling.
Note that the typical way to quote exchange rates in the US is in US
dollars, i.e., X dollars per unit of currency, but that for some
currencies (e.g., Italian lira or Japanese yen), it is customary to
quote the rate as X units of currency per dollar.
To convert from the non-US currency to dollars, multiply by the
number in the first column. For example, converting pounds (UK) to
dollars (US):
1000 British pounds x 1.679 dollars/pound = $1,679
Similarly, to convert from dollars to the non-US currency, multiply by
the number in the second column. For example, converting from US
dollars to Japanese yen:
10,000 US dollars x 115.15 yen/dollar = 1,151,500 yen
Finally, you also can use the table to convert from one non-US currency
to another by converting from the first to dollars and then converting
from dollars to the second. For example, converting Swiss francs to
French francs:
100 Swiss francs x 0.6759 US$/Swiss franc x
6.1436 French francs/US$ = 415.25 French francs
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