H.10(512) June 21, 2002 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING JUNE 21, 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 Jun. 17 Jun. 18 Jun. 19 Jun. 20 Jun. 21 *AUSTRALIA DOLLAR 0.5583 0.5618 0.5655 0.5709 0.5743 BRAZIL REAL 2.6810 2.6990 2.6920 2.7590 2.8090 CANADA DOLLAR 1.5474 1.5443 1.5415 1.5319 1.5232 CHINA, P.R. YUAN 8.2773 8.2775 8.2774 8.2772 8.2771 DENMARK KRONE 7.8700 7.8360 7.7880 7.7050 7.6580 *EMU MEMBERS EURO 0.9442 0.9483 0.9544 0.9646 0.9705 HONG KONG DOLLAR 7.8000 7.8005 7.8000 7.8000 7.8000 INDIA RUPEE 49.02 48.99 48.94 48.94 48.95 JAPAN YEN 124.37 124.56 124.04 123.33 121.23 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 9.605 9.634 9.690 9.785 9.956 *NEW ZEALAND DOLLAR 0.4834 0.4862 0.4873 0.4908 0.4962 NORWAY KRONE 7.8510 7.8025 7.7250 7.6370 7.6075 SINGAPORE DOLLAR 1.7895 1.7935 1.7866 1.7791 1.7715 SOUTH AFRICA RAND 10.6150 10.3000 10.2660 10.3960 10.2500 SOUTH KOREA WON 1225.10 1229.00 1225.00 1220.00 1214.40 SRI LANKA RUPEE 96.450 96.390 96.390 96.400 96.350 SWEDEN KRONA 9.5920 9.5640 9.5300 9.3860 9.3277 SWITZERLAND FRANC 1.5632 1.5568 1.5422 1.5235 1.5124 TAIWAN DOLLAR 34.000 34.020 34.000 33.920 33.760 THAILAND BAHT 42.190 42.220 42.140 42.080 42.060 *UNITED KINGDOM POUND 1.4782 1.4868 1.4873 1.4982 1.4987 VENEZUELA BOLIVAR 1206.00 1219.00 1241.00 1301.00 1271.01 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 126.45 126.37 126.15 125.78 125.43 2)MAJOR CURRENCY MAR73=100 102.45 102.22 101.81 101.01 100.18 3)OITP JAN97=100 140.16 140.36 140.51 140.93 141.47 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.