G.5(405) April 30, 2001 FOREIGN EXCHANGE RATES THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN APRIL 2001 TOGETHER WITH COMPARABLE FIGURES FOR OTHER MONTHS. AVERAGES ARE BASED ON DAILY NOON BUYING RATES FOR CABLE TRANSFERS IN NEW YORK CITY CERTIFIED FOR CUSTOMS PURPOSES BY THE FEDERAL RESERVE BANK OF NEW YORK. (Currency units per U.S. dollar except as noted) MONETARY 2001 2001 2001 2000 COUNTRY UNIT April March February April *AUSTRALIA DOLLAR 0.5016 0.5031 0.5338 0.5960 BRAZIL REAL 2.1934 2.0955 2.0060 1.7696 CANADA DOLLAR 1.5578 1.5587 1.5216 1.4689 CHINA, P.R. YUAN 8.2771 8.2775 8.2771 8.2793 DENMARK KRONE 8.3657 8.2229 8.1103 7.8872 *EMU MEMBERS EURO 0.8925 0.9083 0.9205 0.9449 GREECE DRACHMA N.A. N.A. N.A. 355.02 HONG KONG DOLLAR 7.7993 7.7999 7.7999 7.7880 INDIA RUPEE 46.79 46.65 46.56 43.68 JAPAN YEN 123.77 121.51 116.23 105.63 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 9.328 9.599 9.711 9.394 *NEW ZEALAND DOLLAR 0.4069 0.4182 0.4345 0.4960 NORWAY KRONE 9.0920 8.9859 8.9180 8.6272 SINGAPORE DOLLAR 1.8118 1.7732 1.7435 1.7096 SOUTH AFRICA RAND 8.0783 7.8980 7.8214 6.6480 SOUTH KOREA WON 1327.76 1291.41 1252.85 1110.32 SRI LANKA RUPEE 88.205 85.730 87.136 74.123 SWEDEN KRONA 10.2035 10.0516 9.7518 8.7486 SWITZERLAND FRANC 1.7131 1.6908 1.6686 1.6657 TAIWAN DOLLAR 32.940 32.622 32.330 30.520 THAILAND BAHT 45.494 43.988 42.665 37.993 *UNITED KINGDOM POUND 1.4348 1.4445 1.4525 1.5823 VENEZUELA BOLIVAR 710.39 706.06 703.36 672.73 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 126.97 125.91 123.77 117.63 2)MAJOR CURRENCY MAR73=100 105.09 103.98 101.44 96.23 3)OITP JAN97=100 136.30 135.56 134.52 128.14 This release is available online at http://www.federalreserve.gov/releases/G5. For more information on exchange rate indexes for the U.S. dollar, see "New Summary Measures of the Foreign Exchange Value of the Dollar," Federal Reserve Bulletin, vol. 84 (October 1998), pp. 811-18 (http://www.federalreserve.gov/pubs/bulletin/). Weights for the broad index can be found at http://www.federalreserve.gov/releases/H10/Weights; weights for the major currencies index and the other important trading partners (OITIP) index are derived from the broad index weights. The most recent annual revision to the trade weights and the dollar indexes took effect with the February 1, 2001, release of this report. * U.S. dollars per currency unit. 1) A weighted average of the foreign exchange value of the U.S. dollar against the currencies of a broad group of major U.S. trading partners. 2) A weighted average of the foreign exchange value of the U.S. dollar against a subset of the broad index currencies that circulate widely outside the country of issue. 3) A weighted average of the foreign exchange value of the U.S. dollar against a subset of the broad index currencies that do not circulate widely outside the country of issue. For information about your subscription to this release or about receiving it in document form, please call publication services at Federal Reserve Board at (202) 452-3244. The euro is reported in place of the individual eure-area currencies. These currency rates can be derived from the dollar/euro rate by using the fixed conversion rates (in currencies per euro) given below: 1 EURO = 13.7603 AUSTRIAN SCHILLINGS = 40.3399 BELGIAN FRANCS = 5.94573 FINNISH MARKKAS = 6.55957 FRENCH FRANCS = 1.95583 GERMAN MARKS = .787564 IRISH POUNDS = 1936.27 ITALIAN LIRE = 40.3399 LUXEMBOURG FRANCS = 2.20371 NETHERLANDS GUILDERS = 200.482 PORTUGUESE ESCUDOS = 166.386 SPANISH PESETAS = 340.750 GREEK DRACHMAS