H.10(512) March 22, 2002 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MARCH 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 Mar. 18 Mar. 19 Mar. 20 Mar. 21 Mar. 22 *AUSTRALIA DOLLAR 0.5245 0.5235 0.5308 0.5322 0.5326 BRAZIL REAL 2.3450 2.3400 2.3370 2.3490 2.3570 CANADA DOLLAR 1.5880 1.5842 1.5793 1.5808 1.5767 CHINA, P.R. YUAN 8.2773 8.2775 8.2774 8.2772 8.2770 DENMARK KRONE 8.4200 8.4430 8.4155 8.4130 8.4565 *EMU MEMBERS EURO 0.8826 0.8805 0.8836 0.8836 0.8791 HONG KONG DOLLAR 7.7994 7.7994 7.7997 7.7998 7.7997 INDIA RUPEE 48.74 48.76 48.76 48.78 48.80 JAPAN YEN 131.27 132.30 131.60 131.86 132.88 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 9.073 9.072 9.072 9.063 9.038 *NEW ZEALAND DOLLAR 0.4355 0.4335 0.4413 0.4408 0.4397 NORWAY KRONE 8.7660 8.7830 8.7390 8.7200 8.7640 SINGAPORE DOLLAR 1.8275 1.8304 1.8276 1.8287 1.8335 SOUTH AFRICA RAND 11.9500 11.6600 11.6750 11.5000 11.4700 SOUTH KOREA WON 1325.50 1326.50 1325.80 1326.80 1328.40 SRI LANKA RUPEE 94.950 94.950 95.050 95.400 95.500 SWEDEN KRONA 10.2850 10.2650 10.2090 10.1975 10.2550 SWITZERLAND FRANC 1.6585 1.6622 1.6568 1.6555 1.6623 TAIWAN DOLLAR 35.030 35.050 35.050 35.040 35.040 THAILAND BAHT 43.440 43.480 43.350 43.330 43.410 *UNITED KINGDOM POUND 1.4256 1.4213 1.4260 1.4287 1.4263 VENEZUELA BOLIVAR 928.00 911.00 871.25 871.25 891.25 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 129.12 129.30 128.99 128.99 129.28 2)MAJOR CURRENCY MAR73=100 107.54 107.77 107.34 107.40 107.71 3)OITP JAN97=100 138.46 138.53 138.47 138.40 138.59 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.