2001/1/1―2017/6/30

2001/1/1―2008/9/15

2008/9/16―2017/6/30

USD

DEM

JPY

USD

DEM

JPY

USD

DEM

JPY

Food

0.08892***

0.08608**

0.01667***

0.20785***

−0.35724

0.05704***

0.09136***

0.10993***

0.01488***

(5.35)

(2.26)

(5.00)

(10.44)

(−1.64)

(6.64)

(4.49)

(2.74)

(4.09)

Textile

0.11084***

0.13857***

0.00370*

0.21883***

−0.19418

0.02566***

0.09606***

0.15386***

0.00130

(9.02)

(3.88)

(1.92)

(15.02)

(−0.97)

(5.18)

(9.25)

(4.10)

(0.84)

Wood

0.11164***

0.13548***

0.00611**

0.22625***

−0.23999

0.03357***

0.09623***

0.15313***

0.00304

(8.71)

(3.86)

(2.36)

(13.92)

(−1.13)

(5.73)

(9.03)

(4.17)

(1.40)

Paper

0.02137***

0.01514***

0.00087**

0.04741***

−0.01376

0.00433***

0.01708***

0.01354***

0.00052

(8.47)

(2.92)

(2.21)

(13.24)

(−0.75)

(3.35)

(8.61)

(2.82)

(1.57)

Petroleum

0.09159***

0.12335***

0.00392*

0.20496***

0.05814

0.01974***

0.07203***

0.10937***

0.00228

(8.00)

(3.24)

(1.89)

(15.56)

(0.24)

(4.88)

(7.88)

(3.04)

(1.23)

Chemical

−0.02868***

−0.02552**

−0.00077

−0.06940***

0.03851

−0.00183

−0.02232***

−0.02629***

−0.00075

(−6.31)

(−2.05)

(−1.49)

(−12.64)

(0.36)

(−0.96)

(−5.80)

(−2.97)

(−1.53)

Rubber

0.07933***

0.08307***

0.00093

0.14481***

−0.01123

0.00498*

0.06894***

0.08269***

0.00061

(9.37)

(3.94)

(1.13)

(19.17)

(−0.08)

(1.77)

(9.79)

(4.23)

(0.80)

Non−Metal

−0.01716***

−0.01030

−0.00051

−0.04110***

0.06261

−0.00249**

−0.01392***

−0.01436***

−0.00034

(−6.97)

(−1.48)

(−1.56)

(−10.94)

(1.11)

(−2.07)

(−6.61)

(−2.78)

(−1.17)

Metal

−0.03127***

−0.01901*

−0.00104*

−0.07730***

0.07287

−0.00350*

−0.02435***

−0.02173**

−0.00087

(−6.42)

(−1.65)

(−1.78)

(−11.12)

(0.83)

(−1.68)

(−5.64)

(−2.26)

(−1.59)

General Machinery

−0.01617***

−0.01373*

−0.00026

−0.03600***

0.02574

−0.00055

−0.01320***

−0.01509***

−0.00028

(−7.61)

(−1.86)

(−0.97)

(−11.88)

(0.39)

(−0.49)

(−7.61)

(−3.35)

(−1.11)

Electric Machinery

0.09792***

0.14645***

0.00169

0.19310***

−0.03238

0.00998**

0.08339***

0.14996***

0.00093

(8.65)

(4.88)

(1.43)

(16.77)

(−0.18)

(2.38)

(9.03)

(5.14)

(0.86)

Optical Instruments

0.08393***

0.09595***

0.00327*

0.18291***

−0.08107

0.01867***

0.06858***

0.09682***

0.00165

(7.49)

(3.38)

(1.89)

(14.46)

(−0.45)

(4.40)

(7.44)

(3.46)

(1.10)

Transport Equipment

0.12431***

0.14343***

0.00023

0.22791***

0.02336

0.00526

0.10746***

0.13992***

−0.00010

(8.52)

(3.43)

(0.21)

(19.79)

(0.11)

(1.33)

(8.74)

(3.43)

(−0.10)