G.5(405)                                                          March 1, 2010



 FOREIGN EXCHANGE RATES

 THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN FEBRUARY 2010 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       2010         2010         2009         2009
   COUNTRY           UNIT       February      January     December     February

 *AUSTRALIA        DOLLAR          0.8857       0.9127       0.9021       0.6504
  BRAZIL           REAL            1.8420       1.7817       1.7508       2.3230
  CANADA           DOLLAR          1.0572       1.0438       1.0537       1.2452
  CHINA, P.R.      YUAN            6.8285       6.8269       6.8275       6.8363
  DENMARK          KRONE           5.4414       5.2177       5.1060       5.8226
 *EMU MEMBERS      EURO            1.3680       1.4266       1.4579       1.2797
  HONG KONG        DOLLAR          7.7670       7.7624       7.7526       7.7534
  INDIA            RUPEE          46.2732      45.8944      46.5273      49.2484
  JAPAN            YEN            90.1395      91.1011      89.9509      92.9158
  MALAYSIA         RINGGIT         3.4139       3.3750       3.4099       3.6345
  MEXICO           PESO           12.9396      12.8096      12.8622      14.6066
 *NEW ZEALAND      DOLLAR          0.6973       0.7263       0.7169       0.5160
  NORWAY           KRONE           5.9182       5.7402       5.7708       6.8710
  SINGAPORE        DOLLAR          1.4122       1.3965       1.3962       1.5178
  SOUTH AFRICA     RAND            7.6680       7.4631       7.4848       9.9773
  SOUTH KOREA      WON          1155.6553    1138.1947    1163.3109    1439.5842
  SRI LANKA        RUPEE         114.5079     114.3589     114.2836     114.1026
  SWEDEN           KRONA           7.2683       7.1534       7.1384       8.5455
  SWITZERLAND      FRANC           1.0722       1.0345       1.0301       1.1639
  TAIWAN           DOLLAR         32.0621      31.8658      32.2459      34.2389
  THAILAND         BAHT           33.1221      33.0274      33.2045      35.3089
 *UNITED KINGDOM   POUND           1.5618       1.6158       1.6226       1.4422
  VENEZUELA        BOLIVAR         4.2893       3.6137       2.1446       2.1446

  MEMO:
  UNITED STATES    DOLLAR
1)BROAD            JAN97=100     103.7472     102.1209     101.7541     111.8151
2)MAJOR CURRENCY   MAR73=100      76.1771      74.5177      73.9795      83.1065
3)OITP             JAN97=100     133.8454     132.5548     132.5545     142.8744


 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 "Indexes of the Foreign
 Exchange Value of the Dollar," Federal Reserve Bulletin, 91:1 (Winter 2005), pp. 1-8,
 (http://www.federalreserve.gov/pubs/bulletin/2005/winter05_index.pdf). 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 (OITP) 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 July 2008 release of this report.  The source for exchange rates not listed in the
 table above but used in the calculation of the broad and OITP indexes is Bloomberg.

 *  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
                =  .585274  CYPRUS POUND
                =  5.94573  FINNISH MARKKAS
                =  6.55957  FRENCH FRANCS
                =  1.95583  GERMAN MARKS
                =  .787564  IRISH POUNDS
                =  1936.27  ITALIAN LIRE
                =  40.3399  LUXEMBOURG FRANCS
                =  .429300  MALTESE LIRA
                =  2.20371  NETHERLANDS GUILDERS
                =  200.482  PORTUGUESE ESCUDOS
                =  166.386  SPANISH PESETAS
                =  340.750  GREEK DRACHMAS
                =  239.640  SLOVENIAN TOLAR

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