G.5(405)                                                          April 1, 2010



 FOREIGN EXCHANGE RATES

 THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN MARCH 2010 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       2010         2010         2010         2009
   COUNTRY           UNIT         March      February      January       March

 *AUSTRALIA        DOLLAR          0.9123       0.8857       0.9127       0.6666
  BRAZIL           REAL            1.7855       1.8420       1.7817       2.3161
  CANADA           DOLLAR          1.0229       1.0572       1.0438       1.2645
  CHINA, P.R.      YUAN            6.8262       6.8285       6.8269       6.8360
  DENMARK          KRONE           5.4837       5.4414       5.2177       5.7137
 *EMU MEMBERS      EURO            1.3570       1.3680       1.4266       1.3050
  HONG KONG        DOLLAR          7.7612       7.7670       7.7624       7.7530
  INDIA            RUPEE          45.4509      46.2732      45.8944      51.1291
  JAPAN            YEN            90.7161      90.1395      91.1011      97.8550
  MALAYSIA         RINGGIT         3.3205       3.4139       3.3750       3.6726
  MEXICO           PESO           12.5673      12.9396      12.8096      14.6466
 *NEW ZEALAND      DOLLAR          0.7036       0.6973       0.7263       0.5336
  NORWAY           KRONE           5.9204       5.9182       5.7402       6.7855
  SINGAPORE        DOLLAR          1.3994       1.4122       1.3965       1.5296
  SOUTH AFRICA     RAND            7.4057       7.6680       7.4631       9.9536
  SOUTH KOREA      WON          1136.0822    1155.6553    1138.1947    1449.6159
  SRI LANKA        RUPEE         114.1039     114.5079     114.3589     114.2836
  SWEDEN           KRONA           7.1630       7.2683       7.1534       8.5727
  SWITZERLAND      FRANC           1.0666       1.0722       1.0345       1.1555
  TAIWAN           DOLLAR         31.8291      32.0621      31.8658      34.3041
  THAILAND         BAHT           32.4913      33.1221      33.0274      35.7368
 *UNITED KINGDOM   POUND           1.5058       1.5618       1.6158       1.4170
  VENEZUELA        BOLIVAR         4.2893       4.2893       3.6137       2.1446

  MEMO:
  UNITED STATES    DOLLAR
1)BROAD            JAN97=100     102.8725     103.7289     102.1209     112.4505
2)MAJOR CURRENCY   MAR73=100      75.8640      76.1771      74.5177      83.8370
3)OITP             JAN97=100     132.1529     133.7989     132.5548     143.2446


 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 May 2009 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
                =  .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

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