H.10(512) September 22, 2003 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING SEPTEMBER 19, 2003 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. 15 Sep. 16 Sep. 17 Sep. 18 Sep. 19 *AUSTRALIA DOLLAR 0.6665 0.6618 0.6642 0.6659 0.6727 BRAZIL REAL 2.8860 2.8970 2.9225 2.8990 2.9100 CANADA DOLLAR 1.3660 1.3690 1.3667 1.3644 1.3469 CHINA, P.R. YUAN 8.2774 8.2774 8.2775 8.2775 8.2773 DENMARK KRONE 6.5710 6.6529 6.6100 6.6010 6.5485 *EMU MEMBERS EURO 1.1304 1.1166 1.1239 1.1240 1.1346 HONG KONG DOLLAR 7.7993 7.7996 7.7994 7.7994 7.7988 INDIA RUPEE 45.80 45.90 45.95 46.00 45.98 JAPAN YEN 117.41 116.27 115.99 115.27 113.99 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 10.975 10.890 10.915 10.905 10.898 *NEW ZEALAND DOLLAR 0.5862 0.5840 0.5813 0.5834 0.5899 NORWAY KRONE 7.3280 7.3908 7.2940 7.2527 7.1830 SINGAPORE DOLLAR 1.7560 1.7518 1.7533 1.7488 1.7450 SOUTH AFRICA RAND 7.4100 7.5287 7.3975 7.3400 7.3600 SOUTH KOREA WON 1172.90 1170.00 1172.00 1171.00 1166.00 SRI LANKA RUPEE 94.530 94.000 94.500 94.500 94.500 SWEDEN KRONA 8.0970 8.1450 8.0620 8.0445 7.9875 SWITZERLAND FRANC 1.3780 1.3941 1.3827 1.3843 1.3710 TAIWAN DOLLAR 34.130 34.100 34.100 34.110 34.050 THAILAND BAHT 40.730 40.490 40.650 40.480 40.410 *UNITED KINGDOM POUND 1.6018 1.5871 1.6044 1.6155 1.6315 VENEZUELA BOLIVAR 1600.00 1600.00 1600.00 1600.00 1600.00 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 119.48 119.61 119.38 119.19 118.43 2)MAJOR CURRENCY MAR73=100 90.14 90.49 90.08 89.85 88.88 3)OITP JAN97=100 144.36 144.03 144.21 144.13 144.00 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 30, 2003 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.