H.10(512) August 16, 2002 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING AUGUST 16, 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 Aug. 12 Aug. 13 Aug. 14 Aug. 15 Aug. 16 *AUSTRALIA DOLLAR 0.5392 0.5381 0.5375 0.5443 0.5440 BRAZIL REAL 3.1150 3.1750 3.1950 3.2000 3.1550 CANADA DOLLAR 1.5739 1.5658 1.5657 1.5583 1.5609 CHINA, P.R. YUAN 8.2768 8.2767 8.2766 8.2768 8.2768 DENMARK KRONE 7.5986 7.5900 7.5300 7.5700 7.5530 *EMU MEMBERS EURO 0.9778 0.9787 0.9867 0.9816 0.9836 HONG KONG DOLLAR 7.8000 7.8000 7.8000 7.8000 7.8080 INDIA RUPEE 48.64 48.62 48.63 48.63 48.60 JAPAN YEN 118.85 119.08 116.53 117.28 117.51 MALAYSIA RINGGIT 3.8000 3.8000 3.8005 3.8000 3.8000 MEXICO PESO 9.843 9.947 9.962 9.922 9.860 *NEW ZEALAND DOLLAR 1.4629 0.4612 0.4622 0.4668 0.4667 NORWAY KRONE 7.6290 7.6000 7.5510 7.5780 7.5190 SINGAPORE DOLLAR 1.7598 1.7595 1.7452 1.7470 1.7475 SOUTH AFRICA RAND 10.4475 10.6120 10.4950 10.6400 10.5987 SOUTH KOREA WON 1201.00 1204.00 1186.30 1186.00 1188.90 SRI LANKA RUPEE 96.220 96.200 96.150 96.250 96.300 SWEDEN KRONA 9.5080 9.4490 9.3720 9.4080 9.3840 SWITZERLAND FRANC 1.4965 1.4952 1.4813 1.4907 1.4915 TAIWAN DOLLAR 33.720 33.700 33.590 33.680 33.740 THAILAND BAHT 42.150 42.150 41.900 41.840 41.800 *UNITED KINGDOM POUND 1.5317 1.5310 1.5442 1.5360 1.5372 VENEZUELA BOLIVAR 1367.00 1386.00 1361.00 1376.00 1366.25 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 125.70 125.81 125.08 125.20 125.12 2)MAJOR CURRENCY MAR73=100 100.46 100.32 99.44 99.64 99.67 3)OITP JAN97=100 141.66 142.17 141.85 141.82 141.56 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.