G.5(405) September 28, 2001 FOREIGN EXCHANGE RATES THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN SEPTEMBER 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 September August July September *AUSTRALIA DOLLAR 0.5036 0.5246 0.5089 0.5521 BRAZIL REAL 2.6767 2.5122 2.4731 1.8397 CANADA DOLLAR 1.5679 1.5399 1.5308 1.4864 CHINA, P.R. YUAN 8.2768 8.2770 8.2769 8.2785 DENMARK KRONE 8.1654 8.2632 8.6442 8.5849 *EMU MEMBERS EURO 0.9114 0.9014 0.8615 0.8695 GREECE DRACHMA N.A. N.A. N.A. 389.67 HONG KONG DOLLAR 7.7997 7.7997 7.7999 7.7985 INDIA RUPEE 47.75 47.17 47.18 45.97 JAPAN YEN 118.61 121.37 124.50 106.84 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 9.425 9.133 9.168 9.361 *NEW ZEALAND DOLLAR 0.4173 0.4314 0.4081 0.4171 NORWAY KRONE 8.7691 8.9427 9.2566 9.2331 SINGAPORE DOLLAR 1.7494 1.7613 1.8233 1.7406 SOUTH AFRICA RAND 8.6756 8.3115 8.2094 7.1805 SOUTH KOREA WON 1293.83 1285.65 1305.24 1117.57 SRI LANKA RUPEE 90.157 89.993 90.314 78.731 SWEDEN KRONA 10.6353 10.3329 10.7603 9.6853 SWITZERLAND FRANC 1.6338 1.6808 1.7570 1.7586 TAIWAN DOLLAR 34.575 34.639 34.821 31.198 THAILAND BAHT 44.331 44.907 45.641 41.992 *UNITED KINGDOM POUND 1.4638 1.4372 1.4148 1.4336 VENEZUELA BOLIVAR 743.46 731.97 722.72 690.39 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 126.28 125.97 128.07 121.53 2)MAJOR CURRENCY MAR73=100 103.32 103.77 106.07 100.65 3)OITP JAN97=100 137.53 136.03 137.37 130.37 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