H.10(512) February 22, 2002 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING FEBRUARY 22, 2002 The Board of Governors of the Federal Reserve System is advised that the Federal Reserve Bank of New York has certified for customs purposes the following noon buying rates in New York City for cable transfers payable in foreign currencies: (Rates in currency units per U.S. dollar except as noted) MONETARY COUNTRY UNIT Feb. 18 Feb. 19 Feb. 20 Feb. 21 Feb. 22 *AUSTRALIA DOLLAR 0.5177 0.5171 0.5169 0.5133 BRAZIL REAL H 2.4265 2.4280 2.4220 2.4240 CANADA DOLLAR 1.5885 1.5905 1.5914 1.5945 CHINA, P.R. YUAN 8.2770 8.2768 8.2766 8.2765 DENMARK KRONE O 8.4830 8.5330 8.5360 8.4880 *EMU MEMBERS EURO 0.8764 0.8705 0.8712 0.8757 HONG KONG DOLLAR 7.7994 7.7995 7.7994 7.7994 INDIA RUPEE L 48.67 48.64 48.69 48.79 JAPAN YEN 133.45 133.76 134.27 133.85 MALAYSIA RINGGIT 3.8005 3.8005 3.8000 3.8000 MEXICO PESO I 9.071 9.089 9.078 9.115 *NEW ZEALAND DOLLAR 0.4209 0.4204 0.4186 0.4186 NORWAY KRONE 8.8810 8.9290 8.8960 8.8710 SINGAPORE DOLLAR D 1.8302 1.8290 1.8313 1.8328 SOUTH AFRICA RAND 11.5150 11.4100 11.4400 11.4400 SOUTH KOREA WON 1321.00 1320.00 1318.80 1322.00 SRI LANKA RUPEE A 93.600 93.700 93.700 93.700 SWEDEN KRONA 10.4950 10.5650 10.4995 10.4450 SWITZERLAND FRANC 1.6895 1.6999 1.6987 1.6890 TAIWAN DOLLAR Y 35.100 35.100 35.100 35.100 THAILAND BAHT 43.800 43.770 43.900 43.890 *UNITED KINGDOM POUND 1.4302 1.4269 1.4253 1.4301 VENEZUELA BOLIVAR 934.00 955.00 982.00 1073.25 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 129.44 129.71 129.78 129.76 2)MAJOR CURRENCY MAR73=100 108.31 108.69 108.78 108.55 3)OITP JAN97=100 138.05 138.10 138.14 138.43 This release is available online at http://www.federalreserve.gov/releases/H10. 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 (OITP) index are derived from the broad index weights. The most recent annual revision to the trade weights and dollar indexes took effect with the January 7, 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. The euro is reported in place of the individual euro-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 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.