H.10(512) December 24, 2001 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING DECEMBER 21, 2001 The Board of Governors of the Federal Reserve System is advised that the Federal Reserve Bank of New York has certified for customs purposes the following noon buying rates in New York City for cable transfers payable in foreign currencies: (Rates in currency units per U.S. dollar except as noted) MONETARY COUNTRY UNIT Dec. 17 Dec. 18 Dec. 19 Dec. 20 Dec. 21 *AUSTRALIA DOLLAR 0.5176 0.5157 0.5132 0.5047 0.5075 BRAZIL REAL 2.3610 2.3450 2.2890 2.3165 2.3525 CANADA DOLLAR 1.5646 1.5729 1.5743 1.5782 1.5850 CHINA, P.R. YUAN 8.2769 8.2768 8.2767 8.2766 8.2767 DENMARK KRONE 8.2325 8.2463 8.2800 8.2950 8.3940 *EMU MEMBERS EURO 0.9040 0.9019 0.8997 0.8972 0.8864 HONG KONG DOLLAR 7.7997 7.7995 7.7988 7.7985 7.7970 INDIA RUPEE 47.86 47.86 47.80 47.83 47.85 JAPAN YEN 127.54 127.97 128.20 128.55 129.48 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 9.114 9.108 9.133 9.162 9.133 *NEW ZEALAND DOLLAR 0.4172 0.4175 0.4152 0.4115 0.4148 NORWAY KRONE 8.8675 8.8660 8.8850 8.9210 8.9920 SINGAPORE DOLLAR 1.8385 1.8380 1.8334 1.8375 1.8387 SOUTH AFRICA RAND 12.0500 12.2300 12.5000 13.6000 12.4100 SOUTH KOREA WON 1293.50 1291.90 1292.20 1300.20 1308.90 SRI LANKA RUPEE 93.150 93.150 93.150 93.150 93.150 SWEDEN KRONA 10.4550 10.4930 10.4990 10.5930 10.6780 SWITZERLAND FRANC 1.6330 1.6340 1.6389 1.6359 1.6540 TAIWAN DOLLAR 34.580 34.710 34.730 34.760 34.920 THAILAND BAHT 43.870 43.890 43.780 43.900 44.020 *UNITED KINGDOM POUND 1.4588 1.4565 1.4508 1.4464 1.4385 VENEZUELA BOLIVAR 752.76 752.90 753.76 755.25 756.75 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 127.18 127.41 127.49 127.82 128.45 2)MAJOR CURRENCY MAR73=100 105.23 105.59 105.80 106.12 106.92 3)OITP JAN97=100 136.58 136.54 136.39 136.67 136.89 This release is available online at http://www.federalreserve.gov/releases/H10. For more information on exchange rate indexes for the U.S. dollar, see "New Summary Measures of the Foreign Exchange Value of the Dollar," Federal Reserve Bulletin, vol. 84 (October 1998), pp. 811-18 (http://www.federalreserve.gov/pubs/bulletin/). 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 dollar indexes took effect with the February 5, 2001, release of this report. * 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. The euro is reported in place of the individual euro-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 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.