Title: Exchange Rate Adjustments Can Be Abrupt
Year:QuarterThai baht/U.S.$ (left axis)Malasian ringgit/U.S.$ (right axis)
1990:Q125.8012.7081
1990:Q225.9432.7131
1990:Q325.5542.6989
1990:Q425.1392.6991
1991:Q125.2772.7176
1991:Q225.6632.7627
1991:Q325.6942.775
1991:Q425.4942.7433
1992:Q125.4762.6227
1992:Q225.5312.531
1992:Q325.2562.5002
1992:Q425.4012.5327
1993:Q125.4852.611
1993:Q225.2332.5711
1993:Q325.2392.5554
1993:Q425.372.5588
1994:Q125.4172.7318
1994:Q225.2062.6333
1994:Q324.9892.5719
1994:Q425.0342.5606
1995:Q124.9712.5515
1995:Q224.6362.4622
1995:Q324.9482.4812
1995:Q425.1482.5371
1996:Q125.2662.5489
1996:Q225.3112.5005
1996:Q325.352.4952
1996:Q425.5112.5186
1997:Q125.8812.4846
1997:Q225.4492.5088
1997:Q332.6432.7886
1997:Q440.3153.489
1998:Q146.7793.9899
1998:Q240.3953.8529
1998:Q341.1414.0559
1998:Q436.9743.8005
1999:Q137.1053.8
1999:Q237.2023.8
1999:Q338.4213.8
1999:Q438.7973.8
2000:Q137.6873.8
2000:Q238.6773.8
2000:Q341.0663.8
2000:Q443.4573.8
2001:Q143.2673.8
2001:Q245.4273.8
2001:Q344.963.8
2001:Q444.3713.8
2002:Q143.7683.8001
2002:Q242.8063.8
2002:Q342.1143.8
2002:Q443.4373.8
2003:Q142.8183.8
2003:Q242.2743.8
2003:Q341.3163.8
2003:Q439.8133.8
2004:Q139.2373.8
2004:Q240.283.8
2004:Q341.3263.8
2004:Q440.2533.8
2005:Q138.5933.8

Source: Federal Reserve Board.