Table 33 : Exchange Rate of the Rupee (Period Average) |
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Indicative |
Aug-98 |
Sep-98 |
Oct-98 |
Nov-98 |
Dec-98 |
Jan-99 |
Feb-99 |
Mar-99 |
Apr-99 |
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Selling Rates |
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Australian dollar |
14.623 |
14.531 |
15.351 |
15.888 |
15.473 |
15.795 |
16.093 |
15.134 |
16.248 |
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Belgian franc(100) |
67.730 |
70.991 |
73.385 |
72.120 |
72.392 |
71.863 |
69.837 |
64.659 |
67.104 |
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China yuan |
3.014 |
3.011 |
3.032 |
3.064 |
3.051 |
3.055 |
3.072 |
2.929 |
3.089 |
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French franc |
4.104 |
4.300 |
4.505 |
4.434 |
4.449 |
4.419 |
4.294 |
4.183 |
4.126 |
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Deutsche mark |
13.757 |
14.421 |
15.107 |
14.870 |
14.925 |
14.819 |
14.402 |
14.028 |
13.838 |
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Hongkong dollar |
3.220 |
3.218 |
3.241 |
3.268 |
3.258 |
3.264 |
3.281 |
3.297 |
3.300 |
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Indian rupee(100) |
58.350 |
58.818 |
59.333 |
59.810 |
59.000 |
59.579 |
60.000 |
60.050 |
59.955 |
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Italian lira(1000) |
14.157 |
14.818 |
15.298 |
15.033 |
15.071 |
14.954 |
14.546 |
14.167 |
13.970 |
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Japanese yen(100) |
17.077 |
18.351 |
20.504 |
20.831 |
21.281 |
22.132 |
21.616 |
21.145 |
21.160 |
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Kenya shilling(100) |
42.154 |
41.669 |
42.009 |
42.507 |
40.996 |
41.002 |
40.781 |
39.946 |
39.035 |
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New Zealand dollar |
12.425 |
12.461 |
12.979 |
13.380 |
13.069 |
13.487 |
13.707 |
13.451 |
13.739 |
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Singapore dollar |
14.240 |
14.451 |
15.317 |
15.445 |
15.272 |
15.074 |
14.956 |
14.771 |
14.926 |
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South African rand |
3.971 |
4.089 |
4.345 |
4.499 |
4.293 |
4.235 |
4.172 |
4.117 |
4.187 |
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Swiss franc |
16.455 |
17.515 |
18.525 |
18.061 |
18.335 |
18.057 |
17.615 |
17.208 |
16.905 |
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US dollar |
24.628 |
24.614 |
24.791 |
24.984 |
24.917 |
24.970 |
25.093 |
25.218 |
25.259 |
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Pound sterling |
40.186 |
41.310 |
41.953 |
41.494 |
41.595 |
41.161 |
40.876 |
40.814 |
40.621 |
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Euro* |
27.258 |
28.504 |
29.764 |
29.256 |
29.316 |
28.987 |
28.171 |
27.439 |
27.066 |
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*: Effective 1 January 1999, the Euro (EUR) was introduced replacing its precursor, the ECU, on a one-to-one basis. |
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Notes: |
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(i) With effect from 8 September 1998, there are no dealings for the Malaysian ringgit on account of its withdrawal |
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from the international financial system. |
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(ii) With effect from October 1998, the daily average exchange rate of the rupee is based on the average selling rates |
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for T.T.& D.D. of all commercial banks. |
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