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