H.10(512) March 20, 2006 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING MARCH 17, 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 Mar. 13 Mar. 14 Mar. 15 Mar. 16 Mar. 17 *AUSTRALIA DOLLAR 0.7326 0.7362 0.7380 0.7350 0.7291 BRAZIL REAL 2.1320 2.1231 2.1256 2.1030 2.1207 CANADA DOLLAR 1.1616 1.1548 1.1553 1.1540 1.1587 CHINA, P.R. YUAN 8.0505 8.0473 8.0374 8.0385 8.0286 DENMARK KRONE 6.2471 6.2043 6.1948 6.1330 6.1174 *EMU MEMBERS EURO 1.1942 1.2025 1.2045 1.2151 1.2197 HONG KONG DOLLAR 7.7590 7.7578 7.7583 7.7570 7.7573 INDIA RUPEE 44.38 44.37 44.11 44.29 44.26 JAPAN YEN 119.01 117.36 117.30 117.13 115.89 MALAYSIA RINGGIT 3.7180 3.7135 3.7040 3.7040 3.7040 MEXICO PESO 10.719 10.686 10.670 10.621 10.700 *NEW ZEALAND DOLLAR 0.6408 0.6386 0.6450 0.6377 0.6342 NORWAY KRONE 6.6732 6.6183 6.6231 6.5869 6.5390 SINGAPORE DOLLAR 1.6267 1.6215 1.6188 1.6178 1.6170 SOUTH AFRICA RAND 6.2580 6.2225 6.1875 6.1810 6.2075 SOUTH KOREA WON 980.40 976.70 974.50 974.80 970.80 SRI LANKA RUPEE 102.650 102.650 102.710 102.750 102.720 SWEDEN KRONA 7.8531 7.7960 7.7855 7.6970 7.6491 SWITZERLAND FRANC 1.3141 1.3008 1.2999 1.2931 1.2893 TAIWAN DOLLAR 32.500 32.380 32.350 32.440 32.380 THAILAND BAHT 39.140 39.130 39.140 39.060 38.940 *UNITED KINGDOM POUND 1.7310 1.7479 1.7460 1.7552 1.7567 VENEZUELA BOLIVAR 2144.60 2144.60 2144.60 2144.60 2144.60 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 111.12 110.53 110.42 110.09 110.01 2)MAJOR CURRENCY MAR73=100 85.79 85.08 85.04 84.67 84.48 3)OITP JAN97=100 136.04 135.77 135.55 135.38 135.48 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 "Indexes of the Foreign Exchange Value of the Dollar," Federal Reserve Bulletin, 91:1 (Winter 2005), pp. 1-8 (http://www.federalreserve.gov/pubs/bulletin/2005/winter05_index.pdf). 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 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.