G.5(405) January 3, 2011 FOREIGN EXCHANGE RATES THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN DECEMBER 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 2010 2009 COUNTRY UNIT December November October December *AUSTRALIA DOLLAR 0.9929 0.9889 0.9817 0.9021 BRAZIL REAL 1.6955 1.7131 1.6846 1.7508 CANADA DOLLAR 1.0081 1.0129 1.0180 1.0537 CHINA, P.R. YUAN 6.6497 6.6538 6.6678 6.8275 DENMARK KRONE 5.6366 5.4617 5.3643 5.1060 *EMU MEMBERS EURO 1.3221 1.3654 1.3900 1.4579 HONG KONG DOLLAR 7.7736 7.7546 7.7579 7.7526 INDIA RUPEE 45.1000 44.9315 44.3656 46.5273 JAPAN YEN 83.3376 82.5180 81.7335 89.9509 MALAYSIA RINGGIT 3.1283 3.1132 3.0990 3.4099 MEXICO PESO 12.3902 12.3376 12.4371 12.8622 *NEW ZEALAND DOLLAR 0.7511 0.7723 0.7520 0.7169 NORWAY KRONE 5.9833 5.9645 5.8329 5.7708 SINGAPORE DOLLAR 1.3063 1.2987 1.3026 1.3962 SOUTH AFRICA RAND 6.8237 6.9749 6.9111 7.4848 SOUTH KOREA WON 1145.4833 1129.6230 1121.9900 1163.3109 SRI LANKA RUPEE 111.0081 111.5155 111.6730 114.2836 SWEDEN KRONA 6.8524 6.8201 6.6767 7.1384 SWITZERLAND FRANC 0.9689 0.9847 0.9689 1.0301 TAIWAN DOLLAR 29.9014 30.3180 30.8168 32.2459 THAILAND BAHT 30.0857 29.8690 29.9235 33.2045 *UNITED KINGDOM POUND 1.5595 1.5961 1.5864 1.6226 VENEZUELA BOLIVAR 4.2893 4.2893 4.2901 2.1446 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 99.9363 99.2337 98.9089 100.9524 2)MAJOR CURRENCY MAR73=100 73.8097 72.8356 72.3257 73.2658 3)OITP JAN97=100 128.0189 127.8747 127.9065 131.4868 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 May 2009 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 = 340.750 GREEK DRACHMAS = .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 = 30.1260 SLOVAKIAN KORUNA = 239.640 SLOVENIAN TOLAR