H.10(512) September 20, 2002 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING SEPTEMBER 20, 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 Sep. 16 Sep. 17 Sep. 18 Sep. 19 Sep. 20 *AUSTRALIA DOLLAR 0.5487 0.5474 0.5485 0.5510 0.5464 BRAZIL REAL 3.1900 3.2245 3.3450 3.4110 3.4350 CANADA DOLLAR 1.5830 1.5791 1.5835 1.5727 1.5730 CHINA, P.R. YUAN 8.2768 8.2769 8.2669 8.2669 8.2769 DENMARK KRONE 7.6400 7.6720 7.5885 7.5710 7.5520 *EMU MEMBERS EURO 0.9723 0.9685 0.9789 0.9817 0.9839 HONG KONG DOLLAR 7.7996 7.7996 7.7999 7.7998 7.8000 INDIA RUPEE 48.43 48.45 48.43 48.44 48.46 JAPAN YEN 122.17 122.64 121.49 121.48 123.16 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 9.969 9.955 10.010 10.075 10.254 *NEW ZEALAND DOLLAR 0.4710 0.4695 0.4704 0.4748 0.4707 NORWAY KRONE 7.5490 7.5790 7.5055 7.4595 7.4880 SINGAPORE DOLLAR 1.7815 1.7790 1.7724 1.7712 1.7783 SOUTH AFRICA RAND 10.7300 10.5800 10.6000 10.5487 10.5900 SOUTH KOREA WON 1220.00 1218.60 1213.00 1210.00 1210.00 SRI LANKA RUPEE 96.150 96.150 96.160 96.230 96.230 SWEDEN KRONA 9.3640 9.4130 9.3030 9.2430 9.1930 SWITZERLAND FRANC 1.5100 1.5202 1.4982 1.4920 1.4880 TAIWAN DOLLAR 34.750 34.780 34.690 34.610 34.770 THAILAND BAHT 43.350 43.030 42.940 43.000 43.340 *UNITED KINGDOM POUND 1.5440 1.5343 1.5525 1.5545 1.5558 VENEZUELA BOLIVAR 1453.51 1446.50 1451.51 1455.51 1468.00 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 127.02 127.16 126.82 126.70 127.23 2)MAJOR CURRENCY MAR73=100 101.39 101.61 100.98 100.63 100.90 3)OITP JAN97=100 143.37 143.35 143.56 143.86 144.71 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.