G.5(405)                                                       December 1, 2010



 FOREIGN EXCHANGE RATES

 THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN NOVEMBER 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       November      October     September    November

 *AUSTRALIA        DOLLAR          0.9903       0.9811       0.9398       0.9197
  BRAZIL           REAL            1.7120       1.6834       1.7180       1.7268
  CANADA           DOLLAR          1.0131       1.0187       1.0330       1.0593
  CHINA, P.R.      YUAN            6.6537       6.6675       6.7396       6.8271
  DENMARK          KRONE           5.4605       5.3678       5.6867       4.9914
 *EMU MEMBERS      EURO            1.3658       1.3891       1.3103       1.4908
  HONG KONG        DOLLAR          7.7547       7.7580       7.7643       7.7497
  INDIA            RUPEE          44.9600      44.3631      45.8729      46.5305
  JAPAN            YEN            82.4857      81.7885      84.3571      89.2674
  MALAYSIA         RINGGIT         3.1131       3.0991       3.1032       3.3886
  MEXICO           PESO           12.3306      12.4432      12.7977      13.1115
 *NEW ZEALAND      DOLLAR          0.7736       0.7513       0.7288       0.7301
  NORWAY           KRONE           5.9626       5.8349       6.0431       5.6430
  SINGAPORE        DOLLAR          1.2984       1.3030       1.3333       1.3888
  SOUTH AFRICA     RAND            6.9663       6.9170       7.1100       7.5096
  SOUTH KOREA      WON          1129.0048    1122.0780    1159.9310    1162.8368
  SRI LANKA        RUPEE         111.5243     111.6700     112.3029     114.4853
  SWEDEN           KRONA           6.8207       6.6803       7.0397       6.9267
  SWITZERLAND      FRANC           0.9845       0.9693       1.0002       1.0131
  TAIWAN           DOLLAR         30.3140      30.8342      31.6410      32.3189
  THAILAND         BAHT           29.8757      29.9290      30.7771      33.2621
 *UNITED KINGDOM   POUND           1.5972       1.5852       1.5591       1.6599
  VENEZUELA        BOLIVAR         4.2916       4.2912       4.2893       2.1430

  MEMO:
  UNITED STATES    DOLLAR
1)BROAD            JAN97=100      99.2207      98.9453     101.5956     100.4726
2)MAJOR CURRENCY   MAR73=100      72.8227      72.3727      74.9910      72.4277
3)OITP             JAN97=100     127.8634     127.9194     130.2173     131.6980


 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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