H.10 WEEKLY UPDATE: WEB RELEASE ONLY For immediate release FOREIGN EXCHANGE RATES May 31, 2011 (Rates in currency units per U.S. dollar except as noted) MONETARY COUNTRY UNIT May. 23 May. 24 May. 25 May. 26 May. 27 *AUSTRALIA DOLLAR 1.0496 1.0555 1.0537 1.0590 1.0711 BRAZIL REAL 1.6345 1.6287 1.6264 1.6232 1.5985 CANADA DOLLAR 0.9791 0.9773 0.9765 0.9809 0.9771 CHINA, P.R. YUAN 6.5050 6.4990 6.4930 6.4913 6.4920 DENMARK KRONE 5.3203 5.2848 5.2863 5.2915 5.2182 *EMU MEMBERS EURO 1.4015 1.4107 1.4102 1.4088 1.4287 HONG KONG DOLLAR 7.7772 7.7767 7.7813 7.7855 7.7839 INDIA RUPEE 45.2200 45.2100 45.3200 45.3300 45.1700 JAPAN YEN 81.8100 82.1200 81.9600 81.4400 80.7500 MALAYSIA RINGGIT 3.0580 3.0485 3.0600 3.0430 3.0250 MEXICO PESO 11.7335 11.6986 11.6820 11.6910 11.6113 *NEW ZEALAND DOLLAR 0.7881 0.7976 0.8000 0.8083 0.8187 NORWAY KRONE 5.6176 5.5589 5.5564 5.5257 5.4205 SINGAPORE DOLLAR 1.2488 1.2460 1.2460 1.2461 1.2360 SOUTH AFRICA RAND 7.0215 6.9967 7.0276 6.9875 6.9050 SOUTH KOREA WON 1097.8000 1093.2000 1101.6000 1089.0000 1082.2000 SRI LANKA RUPEE 109.8800 109.9500 109.9000 109.8500 109.8200 SWEDEN KRONA 6.3796 6.3332 6.3157 6.3194 6.2244 SWITZERLAND FRANC 0.8831 0.8800 0.8720 0.8666 0.8520 TAIWAN DOLLAR 28.9000 28.9200 28.9900 28.8900 28.8700 THAILAND BAHT 30.4000 30.3800 30.4200 30.4200 30.3000 *UNITED KINGDOM POUND 1.6102 1.6185 1.6277 1.6346 1.6494 VENEZUELA BOLIVAR 4.2893 4.2893 4.2893 4.2893 4.2893 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 96.4949 96.2557 96.2155 96.1399 95.5185 2)MAJOR CURRENCY MAR73=100 70.9474 70.7142 70.6236 70.6147 69.9215 3)OITP JAN97=100 124.0506 123.8306 123.8718 123.7036 123.2662 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 of the currency weights and dollar indexes took effect with the May 2010 release of this 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 L.P. * 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 = .585274 CYPRUS POUND = 5.94573 FINNISH MARKKAS = 6.55957 FRENCH FRANCS = 1.95583 GERMAN MARKS = 340.750 GREEK DRACHMAS = .787564 IRISH POUNDS = 1936.27 ITALIAN LIRE = 40.3399 LUXEMBOURG FRANCS = .429300 MALTESE LIRA = 2.20371 NETHERLANDS GUILDERS = 200.482 PORTUGUESE ESCUDOS = 166.386 SPANISH PESETAS = 30.1260 SLOVAKIAN KORUNA = 239.640 SLOVENIAN TOLAR