G.5(405) April 1, 2009 FOREIGN EXCHANGE RATES THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN MARCH 2009 TOGETHER WITH COMPARABLE FIGURES FOR OTHER MONTHS. AVERAGES ARE BASED ON DAILY NOON BUYING RATES FOR CABLE TRANSFERS IN NEW YORK CITY CERTIFIED FOR CUSTOMS PURPOSES BY THE FEDERAL RESERVE BANK OF NEW YORK. (Currency units per U.S. dollar except as noted) MONETARY 2009 2009 2009 2008 COUNTRY UNIT March February January March *AUSTRALIA DOLLAR 0.6666 0.6504 0.6754 0.9221 BRAZIL REAL 2.3161 2.3230 2.3079 1.7090 CANADA DOLLAR 1.2645 1.2452 1.2248 1.0029 CHINA, P.R. YUAN 6.8360 6.8363 6.8360 7.0722 DENMARK KRONE 5.7137 5.8226 5.6284 4.8043 *EMU MEMBERS EURO 1.3050 1.2797 1.3244 1.5520 HONG KONG DOLLAR 7.7530 7.7534 7.7563 7.7813 INDIA RUPEE 51.1291 49.2484 48.6995 40.1452 JAPAN YEN 97.8550 92.9158 90.1205 100.7562 MALAYSIA RINGGIT 3.6726 3.6345 3.5705 3.1841 MEXICO PESO 14.6466 14.6066 13.8839 10.7328 *NEW ZEALAND DOLLAR 0.5336 0.5160 0.5510 0.8004 NORWAY KRONE 6.7855 6.8710 6.9566 5.1495 SINGAPORE DOLLAR 1.5296 1.5178 1.4913 1.3843 SOUTH AFRICA RAND 9.9536 9.9773 9.9076 7.9921 SOUTH KOREA WON 1449.6159 1439.5842 1354.3975 981.7348 SRI LANKA RUPEE 114.2836 114.1026 113.7685 107.6838 SWEDEN KRONA 8.5727 8.5455 8.1044 6.0613 SWITZERLAND FRANC 1.1555 1.1639 1.1267 1.0126 TAIWAN DOLLAR 34.3041 34.2389 33.3695 30.5771 THAILAND BAHT 35.7368 35.3089 34.8710 31.4043 *UNITED KINGDOM POUND 1.4170 1.4422 1.4462 2.0015 VENEZUELA BOLIVAR 2.1446 2.1446 2.1446 2.1446 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 112.4505 111.8151 109.0996 95.7660 2)MAJOR CURRENCY MAR73=100 83.8370 83.1065 81.0122 70.3205 3)OITP JAN97=100 143.2446 142.8744 139.5384 123.9649 This release is available online at http://www.federalreserve.gov/releases/G5. 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 the dollar indexes took effect with the January 2007 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. * 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. 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. The euro is reported in place of the individual eure-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 = 239.640 SLOVENIAN TOLAR