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Table 7. Annual percent change in exchange ratesTable 7. Annual percent change in exchange rates (U.S. dollars per
national currency unit), 29 countries or areas and selected economic
groups, selected years, 1975-97
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Country or area 1975-97 1975-80 1980-85 1985-90 1990-97 1994 1995 1996 1997
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United States .......... - - - - - - - - -
Canada ................. -1.4 -2.7 -3.1 3.2 -2.4 -5.6 -.5 .7 -1.5
Mexico ................. -25.4 -11.5 -38.3 -38.0 -13.7 -7.7 -47.4 -15.6 -4.0
Australia .............. -2.5 -2.7 -9.3 2.2 -.7 7.6 1.3 5.7 -5.1
Hong Kong SAR 1 ........ -2.0 -.1 -8.6 .0 .1 .1 -.1 .0 -.1
Israel ................. -32.3 -34.1 -66.3 -10.2 -7.4 -6.0 .0 -8.4 -4.7
Japan .................. 4.2 5.6 -1.1 10.5 2.6 8.7 8.8 -13.6 -10.1
Korea .................. -3.0 -4.4 -6.9 4.2 -4.1 -.1 4.2 -4.1 -15.4
New Zealand ............ -2.7 -4.3 -12.6 3.7 1.5 9.6 10.6 4.8 -3.6
Singapore .............. 2.1 2.1 -.5 3.9 2.9 5.8 7.8 .5 -5.1
Sri Lanka .............. 2 -9.3 -15.7 -9.5 -7.5 - -2.2 -3.6 -7.3 -
Taiwan ................. 1.3 1.1 -2.0 8.2 -.9 -.2 -.1 -3.5 -4.6
Austria ................ 1.6 6.1 -9.0 12.8 -1.1 2.0 13.2 -4.8 -13.3
Belgium ................ .1 4.7 -13.2 12.2 -1.0 3.4 13.4 -4.8 -13.5
Denmark ................ -.6 .4 -11.9 11.4 -.9 2.0 13.5 -3.4 -12.2
Finland ................ -1.6 -.3 -9.7 10.1 -4.3 9.4 19.6 -4.8 -11.6
France ................. -1.4 .3 -14.0 10.5 -1.0 2.2 11.2 -2.5 -12.4
Germany 3 .............. 1.6 6.2 -9.2 12.7 -1.0 2.0 13.3 -4.9 -13.3
Greece ................. 2 -9.1 -5.4 -21.0 -2.7 - -5.5 4.7 -3.7 -
Ireland ................ -1.7 -1.5 -12.3 9.2 -1.3 2.2 7.1 -.2 -5.2
Italy .................. -4.3 -5.3 -14.8 9.8 -4.9 -2.4 -1.1 5.6 -9.4
Luxembourg ............. 2 .8 4.7 -13.2 12.2 - 3.4 13.5 -4.8 -
Netherlands ............ 1.2 4.9 -9.8 12.7 -1.0 2.1 13.4 -4.9 -13.7
Norway ................. -1.4 1.1 -10.5 6.6 -1.8 .6 11.3 -1.9 -8.8
Portugal ............... -8.4 -12.7 -21.9 3.8 -2.9 -2.9 10.7 -2.9 -12.0
Spain .................. -4.2 -4.3 -15.9 10.8 -5.0 -4.8 7.5 -1.7 -13.5
Sweden ................. -2.7 -.4 -13.2 7.8 -3.6 1.0 8.1 6.5 -12.3
Switzerland ............ 2.7 9.0 -7.4 12.0 -.6 8.1 15.7 -4.4 -14.8
United Kingdom ......... -1.4 .9 -11.0 6.6 -1.2 2.0 3.0 -1.1 4.9
Trade-weighted measures 4
All 28 foreign economies .. -2.5 -.5 -9.4 2.9 -2.1 .4 .3 -4.9 -6.5
less Mexico, Israel ... .2 1.0 -5.8 7.3 -.8 1.3 5.3 -3.8 -6.8
OECD 5 .................... -2.6 -.3 -9.6 2.8 -2.3 .4 .0 -5.3 -6.9
less Mexico, Korea 6 .... .3 1.3 -6.1 7.9 -.8 1.4 5.8 -4.0 -6.8
Europe .................... -.7 2.0 -11.7 10.3 -1.7 1.7 9.2 -2.1 -9.1
European Union ............ -.8 1.7 -11.9 10.3 -1.8 1.4 8.9 -2.0 -8.8
Asian NIEs ................ -.3 -.5 -4.2 4.9 -.9 1.1 2.6 -2.3 -7.0
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Rates of change based on compound rate method.
1 Hong Kong Special Administrative Region of China.
2 1975-96.
3 Former West Germany.
4 Trade-weighted percent changes computed as the trade-weighted
average of the rates of change for the individual countries or areas.
For description of trade-weighted measures and economic groups,
see the Technical Notes preceding these tables.
5 Organization for Economic Cooperation and Development.
6 Mexico joined the OECD in 1994, and Korea joined in 1996.
Source: U.S. Department of Labor, Bureau of Labor Statistics, September 1998.
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