G.5(405) April 1, 2011 FOREIGN EXCHANGE RATES THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN MARCH 2011 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 2011 2011 2011 2010 COUNTRY UNIT March February January March *AUSTRALIA DOLLAR 1.0113 1.0084 0.9962 0.9123 BRAZIL REAL 1.6574 1.6664 1.6745 1.7855 CANADA DOLLAR 0.9766 0.9876 0.9939 1.0229 CHINA, P.R. YUAN 6.5645 6.5761 6.5964 6.8262 DENMARK KRONE 5.3191 5.4596 5.5749 5.4837 *EMU MEMBERS EURO 1.4020 1.3656 1.3371 1.3570 HONG KONG DOLLAR 7.7913 7.7895 7.7803 7.7612 INDIA RUPEE 44.9143 45.3795 45.3750 45.4509 JAPAN YEN 81.6470 82.5368 82.6250 90.7161 MALAYSIA RINGGIT 3.0341 3.0453 3.0595 3.3205 MEXICO PESO 11.9963 12.0649 12.1280 12.5673 *NEW ZEALAND DOLLAR 0.7423 0.7620 0.7656 0.7036 NORWAY KRONE 5.5913 5.7319 5.8561 5.9204 SINGAPORE DOLLAR 1.2678 1.2757 1.2863 1.3994 SOUTH AFRICA RAND 6.8976 7.1844 6.9239 7.4057 SOUTH KOREA WON 1119.2674 1117.4368 1118.8675 1136.0822 SRI LANKA RUPEE 110.3022 110.8074 110.8200 114.1039 SWEDEN KRONA 6.3493 6.4342 6.6673 7.1630 SWITZERLAND FRANC 0.9185 0.9500 0.9565 1.0666 TAIWAN DOLLAR 29.4930 29.2779 29.1105 31.8291 THAILAND BAHT 30.3330 30.6953 30.5455 32.4913 *UNITED KINGDOM POUND 1.6159 1.6124 1.5782 1.5058 VENEZUELA BOLIVAR 4.2893 4.2893 4.2898 4.2893 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 97.0066 97.9930 98.7859 102.1333 2)MAJOR CURRENCY MAR73=100 70.8304 72.0050 72.9456 75.1809 3)OITP JAN97=100 125.6215 126.1404 126.5698 131.2481 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