Table 7.1 Exchange rates, 1996-2011 National currency units per U.S. dollar Country or Area 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 United States 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 Argentina 0.9997 0.9995 0.9995 0.9995 0.9995 0.9995 3.0633 2.9006 2.9233 2.9037 3.0543 3.0956 3.1442 3.7101 3.8963 4.1101 Australia 1.2775 1.3446 1.5896 1.5494 1.7197 1.9346 1.8392 1.5328 1.3578 1.3111 1.3271 1.1918 1.1714 1.2615 1.0870 0.9679 Austria 10.5890 12.2060 12.3790 #0.9387 1.0832 1.1171 1.0578 0.8833 0.8040 0.8033 0.7960 0.7293 0.6791 0.7176 0.7541 0.7178 Belgium 30.9700 35.8100 36.3100 #0.9387 1.0832 1.1171 1.0578 0.8833 0.8040 0.8033 0.7960 0.7293 0.6791 0.7176 0.7541 0.7178 Brazil 1.0051 1.0779 1.1605 1.8207 1.8301 2.3527 2.9213 3.0750 2.9262 2.4352 2.1738 1.9461 1.8326 1.9976 1.7600 1.6723 Canada 1.3638 1.3849 1.4836 1.4858 1.4855 1.5487 1.5704 1.4008 1.3017 1.2115 1.1340 1.0734 1.0660 1.1412 1.0298 0.9887 Czech Republic 27.1450 31.6980 32.2810 34.5690 38.5980 38.0350 32.7390 28.2090 25.7000 23.9574 22.5956 20.2937 17.0717 19.0630 19.0983 17.6959 Denmark 5.8003 6.6092 6.7030 6.9900 8.0953 8.3323 7.8862 6.5774 5.9891 5.9953 5.9422 5.4413 5.0885 5.3574 5.6265 5.3535 Estonia NA NA NA NA 16.9690 17.4780 16.6120 13.8560 12.5960 12.5838 12.4655 11.4339 10.6944 11.2574 11.8068 #0.7178 Finland 4.5936 5.1914 5.3441 #0.9387 1.0832 1.1171 1.0578 0.8833 0.8040 0.8033 0.7960 0.7293 0.6791 0.7176 0.7541 0.7178 France 5.1158 5.8393 5.8995 #0.9387 1.0832 1.1171 1.0578 0.8833 0.8040 0.8033 0.7960 0.7293 0.6791 0.7176 0.7541 0.7178 Germany 1.5049 1.7348 1.7597 #0.9387 1.0832 1.1171 1.0578 0.8833 0.8040 0.8033 0.7960 0.7293 0.6791 0.7176 0.7541 0.7178 Greece 240.7000 273.1000 295.5000 306.7000 365.4000 #1.1171 1.0578 0.8833 0.8040 0.8033 0.7960 0.7293 0.6791 0.7176 0.7541 0.7178 Hungary 152.6470 186.7890 214.4020 237.1460 282.1790 286.4900 257.8870 224.3070 202.7500 199.5825 210.3900 183.6258 172.1133 202.3417 207.9442 201.0550 Ireland 0.6248 0.6588 0.7014 #0.9387 1.0832 1.1171 1.0578 0.8833 0.8040 0.8033 0.7960 0.7293 0.6791 0.7176 0.7541 0.7178 Israel 3.1920 3.4490 3.8000 4.1400 4.0770 4.2060 4.7380 4.5540 4.4820 4.4877 4.4558 4.1081 3.5880 3.9323 3.7390 3.5781 Italy 1542.7600 1703.8100 1736.8500 #0.9387 1.0832 1.1171 1.0578 0.8833 0.8040 0.8033 0.7960 0.7293 0.6791 0.7176 0.7541 0.7178 Japan 108.7800 121.0581 130.9892 113.7342 107.8040 121.5680 125.2204 115.9387 108.1508 110.1069 116.3121 117.7623 103.3906 93.6827 87.7817 79.6967 Korea, Republic of 804.9968 953.1904 1400.4036 1189.8361 1130.8975 1292.0149 1250.3140 1192.0817 1145.2364 1023.7492 954.3210 928.9717 1098.7061 1274.6252 1155.7389 1106.9400 Mexico 7.6004 7.9177 9.1521 9.5533 9.4586 9.3366 9.6633 10.7925 11.2897 10.8938 10.9056 10.9281 11.1425 13.4979 12.6237 12.4270 Netherlands 1.6863 1.9525 1.9837 #0.9387 1.0832 1.1171 1.0578 0.8833 0.8040 0.8033 0.7960 0.7293 0.6791 0.7176 0.7541 0.7178 New Zealand 1.4541 1.5094 1.8653 1.8896 2.1891 2.3798 2.1529 1.7176 1.5053 1.4186 1.5404 1.3578 1.3984 1.5728 1.3858 1.2626 Norway 6.4594 7.0857 7.5521 7.8071 8.8131 8.9964 7.9839 7.0803 6.7399 6.4412 6.4095 5.8557 5.6365 6.2908 6.0451 5.6022 Philippines 26.1260 29.4710 40.8930 39.0890 44.1920 50.9930 51.6040 54.2030 56.0400 55.0855 51.3143 46.1484 44.3233 47.6797 45.1097 43.3131 Poland NA 3.2800 3.4800 3.9700 4.3500 4.0939 4.0800 3.8891 3.6576 3.2355 3.1032 2.7680 2.4092 3.1201 3.0153 2.9628 Portugal 154.2800 175.4400 180.2500 #0.9387 1.0832 1.1171 1.0578 0.8833 0.8040 0.8033 0.7960 0.7293 0.6791 0.7176 0.7541 0.7178 Singapore 1.4100 1.4857 1.6722 1.6951 1.7250 1.7930 1.7908 1.7429 1.6902 1.6639 1.5882 1.5065 1.4140 1.4543 1.3629 1.2565 Slovakia 30.6540 33.6160 35.2330 41.3630 46.0350 48.3550 45.3270 36.7730 32.2570 31.0183 29.6973 24.6943 21.3614 #0.7176 0.7541 0.7178 Spain 126.6800 146.5300 149.4100 #0.9387 1.0832 1.1171 1.0578 0.8833 0.8040 0.8033 0.7960 0.7293 0.6791 0.7176 0.7541 0.7178 Sweden 6.7082 7.6447 7.9522 8.2740 9.1735 10.3425 9.7233 8.0787 7.3480 7.4710 7.3718 6.7550 6.5846 7.6539 7.2053 6.4878 Switzerland 1.2361 1.4514 1.4506 1.5045 1.6904 1.6891 1.5567 1.3450 1.2428 1.2459 1.2532 1.1999 1.0816 1.0860 1.0432 0.8862 Taiwan 27.4680 28.7751 33.5473 32.3222 31.2599 33.8243 34.5363 34.4047 33.3719 32.1312 32.5065 32.8547 31.5205 33.0200 31.4974 29.3822 United Kingdom 0.6407 0.6106 0.6034 0.6184 0.6598 0.6946 0.6656 0.6117 0.5456 0.5493 0.5425 0.4995 0.5392 0.6385 0.6472 0.6233 'NA' means data not available. # Break in series. Data are not comparable with data from the previous year. Note: National currency units are United States, dollar; Argentina, peso; Australia, dollar; Austria, schilling (1996-1998), euro (1999-2011); Belgium, franc (1996-1998), euro (1999-2011); Brazil, real; Canada, dollar; Czech Republic, koruna; Denmark, krone; Estonia, kroon (1996-2010), euro (2011); Finland, markka (1996-1998), euro (1999-2011); France, franc (1996-1998), euro (1999-2011); Germany, mark (1996-1998), euro (1999-2011); Greece, drachma (1996-2000), euro (2001-2011); Hungary, forint; Ireland, pound (1996-1998), euro (1999-2011); Israel, new shekel; Italy, lira (1996-1998), euro (1999-2011); Japan, yen; Korea, Republic of, won; Mexico, peso; Netherlands, guilder (1996-1998), euro (1999-2011); New Zealand, dollar; Norway, kroner; Philippines, peso; Poland, zloty; Portugal, escudo (1996-1998), euro (1999-2011); Singapore, dollar; Slovakia, koruna (1996-2008), euro (2009-2011); Spain, peseta (1996-1998), euro (1999-2011); Sweden, krona; Switzerland, franc; Taiwan, dollar; United Kingdom, pound. Source: U.S. Bureau of Labor Statistics, December 2012