G.5(405) April 30, 2002 FOREIGN EXCHANGE RATES THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN APRIL 2002 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 2002 2002 2002 2001 COUNTRY UNIT April March February April *AUSTRALIA DOLLAR 0.5352 0.5256 0.5128 0.5016 BRAZIL REAL 2.3227 2.3450 2.4242 2.1934 CANADA DOLLAR 1.5815 1.5877 1.5964 1.5578 CHINA, P.R. YUAN 8.2772 8.2773 8.2767 8.2771 DENMARK KRONE 8.4397 8.4795 8.5343 8.3657 *EMU MEMBERS EURO 0.8860 0.8766 0.8707 0.8925 HONG KONG DOLLAR 7.8000 7.7997 7.7996 7.7993 INDIA RUPEE 48.94 48.77 48.72 46.79 JAPAN YEN 130.77 131.06 133.64 123.77 MALAYSIA RINGGIT 3.8000 3.8000 3.8002 3.8000 MEXICO PESO 9.165 9.064 9.105 9.328 *NEW ZEALAND DOLLAR 0.4428 0.4333 0.4187 0.4069 NORWAY KRONE 8.6102 8.8072 8.9492 9.0920 SINGAPORE DOLLAR 1.8285 1.8295 1.8312 1.8118 SOUTH AFRICA RAND 11.0832 11.4863 11.4923 8.0783 SOUTH KOREA WON 1318.09 1322.90 1320.55 1327.76 SRI LANKA RUPEE 96.030 94.903 93.650 88.205 SWEDEN KRONA 10.3070 10.3324 10.5501 10.2035 SWITZERLAND FRANC 1.6542 1.6743 1.6970 1.7131 TAIWAN DOLLAR 34.917 35.020 35.073 32.940 THAILAND BAHT 43.442 43.415 43.854 45.494 *UNITED KINGDOM POUND 1.4429 1.4230 1.4227 1.4348 VENEZUELA BOLIVAR 871.38 922.66 898.51 710.39 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 128.95 129.27 130.03 126.61 2)MAJOR CURRENCY MAR73=100 107.03 107.76 108.82 105.16 3)OITP JAN97=100 138.86 138.49 138.64 136.22 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, 2002, 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