H.10(512)                                                               February 27, 2006



 FOREIGN EXCHANGE RATES

 FOR THE WEEK ENDING FEBRUARY 24, 2006

 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       Feb. 20      Feb. 21      Feb. 22      Feb. 23      Feb. 24

 *AUSTRALIA      DOLLAR                      0.7394       0.7363       0.7397       0.7399
  BRAZIL         REAL            H           2.1240       2.1430       2.1375       2.1293
  CANADA         DOLLAR                      1.1464       1.1482       1.1512       1.1520
  CHINA, P.R.    YUAN                        8.0485       8.0497       8.0477       8.0432
  DENMARK        KRONE           O           6.2645       6.2673       6.2563       6.2782
 *EMU MEMBERS    EURO                        1.1912       1.1905       1.1923       1.1882
  HONG KONG      DOLLAR                      7.7610       7.7611       7.7587       7.7580
  INDIA          RUPEE           L          44.36        44.54        44.36        44.35
  JAPAN          YEN                       118.85       118.51       117.00       116.87
  MALAYSIA       RINGGIT                     3.7208       3.7195       3.7130       3.7153
  MEXICO         PESO            I          10.443       10.489       10.505       10.476
 *NEW ZEALAND    DOLLAR                      0.6623       0.6588       0.6624       0.6630
  NORWAY         KRONE                       6.7533       6.7763       6.7412       6.7685
  SINGAPORE      DOLLAR          D           1.6302       1.6312       1.6247       1.6235
  SOUTH AFRICA   RAND                        6.0425       6.0850       6.0880       6.1150
  SOUTH KOREA    WON                       968.40       974.10       969.10       966.30
  SRI LANKA      RUPEE           A         102.200      102.280      102.330      102.370
  SWEDEN         KRONA                       7.8816       7.8750       7.8900       7.9213
  SWITZERLAND    FRANC                       1.3082       1.3114       1.3083       1.3158
  TAIWAN         DOLLAR          Y          32.440       32.650       32.510       32.480
  THAILAND       BAHT                       39.300       39.520       39.210       39.360
 *UNITED KINGDOM POUND                       1.7447       1.7425       1.7522       1.7448
  VENEZUELA      BOLIVAR                  2144.60      2144.60      2144.60      2144.60

  MEMO:
  UNITED STATES   DOLLAR
1)BROAD          JAN97=100                 110.51       110.68       110.44       110.50
2)MAJOR CURRENCY MAR73=100                  85.41        85.44        85.21        85.36
3)OITP           JAN97=100                 135.14       135.51       135.31       135.19


 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
 in early December 2005, and is reflected in the December 19, 2005 release of this weekly report.
 The source for exchange rates not listed in the table above but used in the calculation of the
 broad and OITP indexes is Bloomberg.

 *  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

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 please call publication services at Federal Reserve Board at (202) 452-3244.

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