Table 7.1
Interest rates and exchange rates

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Interest rates and exchange rates: Part 1
  Interest rates
Bank rate 1 Prime rate 90-day treasury bills  90-day commercial paper Conventional mortgage rate Long-term Canada bond rate (over 10 years)
        1-year 5-year  
v122530 v122495 v122484 v122491 v122520 v122521 v122487
  rates
1935 2.50 5.50 .. .. .. .. ..
1936 2.50 5.21 .. .. .. .. 2.97
1937 2.50 5.00 .. .. .. .. 3.17
1938 2.50 5.00 .. .. .. .. 3.09
1939 2.50 5.00 .. .. .. .. 3.16
1940 2.50 5.00 .. .. .. .. 3.28
1941 2.50 5.00 .. .. .. .. 3.10
1942 2.50 5.00 .. .. .. .. 3.06
1943 2.50 5.00 .. .. .. .. 3.01
1944 1.58 4.92 .. .. .. .. 3.00
1945 1.50 4.50 .. .. .. .. 2.93
1946 1.50 4.50 0.39 .. .. .. 2.61
1947 1.50 4.50 0.41 .. .. .. 2.57
1948 1.50 4.50 0.41 .. .. .. 2.93
1949 1.50 4.50 0.48 .. .. .. 2.87
1950 1.62 4.50 0.55 .. .. .. 2.86
1951 2.00 4.50 0.79 .. .. .. 3.23
1952 2.00 4.50 1.07 .. .. .. 3.56
1953 2.00 4.50 1.69 .. .. .. 3.70
1954 2.00 4.50 1.47 .. .. .. 3.18
1955 1.90 4.50 1.55 .. .. .. 3.14
1956 3.15 5.04 2.90 3.73 .. .. 3.62
1957 4.02 5.58 3.78 5.26 .. .. 4.11
1958 2.50 5.27 2.29 3.16 .. .. 4.15
1959 5.13 5.65 4.80 5.18 .. .. 5.08
1960 3.54 5.75 3.32 4.00 .. .. 5.18
1961 3.06 5.60 2.83 3.37 .. .. 5.05
1962 4.48 5.71 4.01 4.38 .. .. 5.11
1963 3.88 5.75 3.57 4.01 .. .. 5.09
1964 4.04 5.75 3.74 4.20 .. .. 5.18
1965 4.29 5.77 3.97 5.02 .. .. 5.21
1966 5.17 6.00 5.00 6.27 .. .. 5.69
1967 4.98 5.92 4.59 5.85 .. .. 5.94
1968 6.79 6.92 6.24 6.82 .. .. 6.75
1969 7.46 7.96 7.15 7.85 .. .. 7.58
1970 7.12 8.17 6.12 7.34 .. .. 7.91
1971 5.19 6.48 3.62 4.51 .. .. 6.95
1972 4.75 6.00 3.55 5.10 .. .. 7.23
1973 6.12 7.65 5.39 7.45 .. 9.56 7.56
1974 8.50 10.75 7.78 10.51 .. 11.23 8.90
1975 8.50 9.42 7.37 7.94 .. 11.38 9.04
1976 9.29 10.04 8.89 9.17 .. 11.75 9.18
1977 7.71 8.50 7.35 7.48 .. 10.29 8.70
1978 8.98 9.69 8.58 8.83 .. 10.54 9.27
1979 12.10 12.90 11.57 12.07 .. 12.19 10.21
1980 12.89 14.25 12.68 13.15 13.98 14.52 12.48
1981 17.93 19.29 17.78 18.33 18.12 18.38 15.22
1982 13.96 15.81 13.83 14.15 16.85 18.04 14.26
1983 9.55 11.17 9.32 9.45 10.98 13.23 11.79
1984 11.31 12.06 11.10 11.19 12.00 13.58 12.75
1985 9.65 10.58 9.46 9.56 10.31 12.12 11.04
1986 9.21 10.52 8.99 9.16 10.15 11.21 9.52
1987 8.40 9.52 8.17 8.38 9.85 11.17 9.95
1988 9.69 10.83 9.42 9.67 10.83 11.65 10.22
1989 12.29 13.33 12.02 12.21 12.85 12.06 9.92
1990 13.04 14.06 12.80 13.03 13.40 13.35 10.85
1991 9.03 9.94 8.83 8.91 10.08 11.13 9.76
1992 6.78 7.48 6.51 6.74 7.87 9.51 8.76
1993 5.09 5.94 4.93 4.97 6.91 8.78 7.84
1994 5.77 6.88 5.42 5.66 7.83 9.53 8.63
1995 7.31 8.65 6.98 7.22 8.38 9.16 8.28
1996 4.53 6.06 4.31 4.35 6.19 7.92 7.50
1997 3.52 4.96 3.21 3.61 5.54 7.07 6.42
1998 5.10 6.60 4.74 5.05 6.50 6.93 5.46
1999 4.92 6.44 4.70 4.94 6.80 7.56 5.69
2000 5.77 7.27 5.48 5.71 7.85 8.35 5.89
2001 4.31 5.81 3.85 3.87 6.14 7.40 5.78
2002 2.71 4.21 2.55 2.66 5.17 7.02 5.66
2003 3.19 4.69 2.87 2.94 4.84 6.39 5.28
2004 2.50 4.00 2.23 2.31 4.59 6.23 5.08
2005 2.92 4.42 2.71 2.84 5.06 5.99 4.39
2006 4.31 5.81 4.02 4.20 6.28 6.66 4.30
2007 4.60 6.10 4.17 4.63 6.90 7.07 4.34
2008 3.21 4.73 2.44 3.23 6.70 7.06 4.04
2009 0.65 2.40 0.37 0.65 4.02 5.63 3.89
2010 0.85 2.60 0.58 0.79 3.49 5.61 3.66
Interest rates and exchange rates: Part 2
  Exchange rates 2
United States dollar Reciprocal 3 British pound Euro Japanese yen CERI index 4
v37426  1 / v37426 3 v37430 v21570998 v37456 v41498903
  rates rates multiplied by 1000 1992=100
1951 1.053 0.950 2.947 .. .. ..
1952 0.979 1.021 2.734 .. 2.72 ..
1953 0.983 1.017 2.767 .. 2.73 ..
1954 0.973 1.027 2.734 .. 2.70 ..
1955 0.986 1.014 2.754 .. 2.74 ..
1956 0.984 1.016 2.752 .. 2.73 ..
1957 0.959 1.043 2.679 .. 2.66 ..
1958 0.971 1.030 2.728 .. 2.70 ..
1959 0.959 1.043 2.694 .. 2.66 ..
1960 0.970 1.031 2.723 .. 2.69 ..
1961 1.013 0.987 2.839 .. 2.81 ..
1962 1.069 0.936 3.001 .. 2.97 ..
1963 1.079 0.927 3.020 .. 3.00 ..
1964 1.079 0.927 3.012 .. 3.00 ..
1965 1.078 0.928 3.014 .. 2.99 ..
1966 1.077 0.928 3.009 .. 2.98 ..
1967 1.079 0.927 2.962 .. 2.98 ..
1968 1.077 0.928 2.579 .. 2.99 ..
1969 1.077 0.929 2.574 .. 3.01 ..
1970 1.044 0.958 2.502 .. 2.92 ..
1971 1.010 0.990 2.469 .. 2.91 ..
1972 0.991 1.009 2.479 .. 3.27 ..
1973 1.000 1.000 2.452 .. 3.70 ..
1974 0.978 1.022 2.288 .. 3.35 ..
1975 1.017 0.983 2.259 .. 3.43 ..
1976 0.986 1.014 1.781 .. 3.33 ..
1977 1.063 0.940 1.857 .. 3.98 ..
1978 1.141 0.877 2.191 .. 5.48 ..
1979 1.171 0.854 2.486 .. 5.37 ..
1980 1.169 0.855 2.720 .. 5.19 ..
1981 1.199 0.834 2.430 .. 5.45 ..
1982 1.234 0.811 2.158 .. 4.97 103.06
1983 1.232 0.811 1.869 .. 5.19 108.04
1984 1.295 0.772 1.728 .. 5.46 106.48
1985 1.366 0.732 1.771 .. 5.77 103.22
1986 1.389 0.720 2.038 .. 8.30 92.85
1987 1.326 0.754 2.173 .. 9.19 93.54
1988 1.231 0.813 2.193 .. 9.61 99.49
1989 1.184 0.845 1.941 .. 8.60 105.88
1990 1.167 0.857 2.082 .. 8.10 105.12
1991 1.146 0.873 2.028 .. 8.53 106.93
1992 1.209 0.827 2.130 .. 9.55 100.01
1993 1.290 0.775 1.938 .. 11.65 94.63
1994 1.366 0.732 2.093 .. 13.39 88.33
1995 1.372 0.729 2.166 .. 14.68 86.31
1996 1.364 0.733 2.130 .. 12.54 88.66
1997 1.385 0.722 2.268 .. 11.45 88.89
1998 1.484 0.674 2.459 .. 11.40 83.86
1999 1.486 0.673 2.404 1.585 13.11 83.55
2000 1.485 0.673 2.250 1.370 13.78 84.61
2001 1.549 0.646 2.231 1.387 12.75 81.96
2002 1.570 0.637 2.359 1.484 12.56 80.56
2003 1.401 0.714 2.288 1.582 12.09 88.76
2004 1.301 0.768 2.384 1.617 12.03 94.12
2005 1.211 0.825 2.206 1.508 11.03 100.97
2006 1.134 0.882 2.090 1.424 9.75 107.88
2007 1.074 0.931 2.148 1.469 9.12 113.13
2008 1.067 0.937 1.961 1.560 10.39 112.53
2009 1.142 0.876 1.780 1.585 12.20 106.03
2010 1.030 0.971 1.593 1.367 11.76 116.92
1.
Last Wednesday of the month for monthly data.
2.
Canadian dollars per unit
3.
The reciprocal is obtained by dividing the number ''1'' by the Cansim series v37426.
4.
Canadian dollar exchange rate index (CERI) (1992=100). A rise in the index indicates an increase in the value of the Canadian dollar.
Source(s):
Bank of Canada, Public Information Service (1-800-303-1282). CANSIM tables: 176-0043 and 176-0064.