H.10(512) September 27, 2002 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING SEPTEMBER 27, 2002 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 Sep. 23 Sep. 24 Sep. 25 Sep. 26 Sep. 27 *AUSTRALIA DOLLAR 0.5447 0.5445 0.5445 0.5443 0.5440 BRAZIL REAL 3.5690 3.6100 3.7100 3.7700 3.8350 CANADA DOLLAR 1.5845 1.5856 1.5812 1.5769 1.5777 CHINA, P.R. YUAN 8.2771 8.2771 8.2769 8.2772 8.2773 DENMARK KRONE 7.5650 7.5660 7.5790 7.6110 7.6020 *EMU MEMBERS EURO 0.9822 0.9815 0.9797 0.9755 0.9772 HONG KONG DOLLAR 7.7999 7.7997 7.8000 7.7998 7.7997 INDIA RUPEE 48.44 48.42 48.43 48.43 48.40 JAPAN YEN 123.93 123.38 122.72 122.59 122.86 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 10.350 10.225 10.255 10.149 10.165 *NEW ZEALAND DOLLAR 0.4697 0.4708 0.4702 0.4703 0.4706 NORWAY KRONE 7.4770 7.4510 7.4750 7.5100 7.5000 SINGAPORE DOLLAR 1.7820 1.7808 1.7838 1.7845 1.7790 SOUTH AFRICA RAND 10.6800 10.6900 10.5900 10.5700 10.5500 SOUTH KOREA WON 1220.30 1232.00 1235.00 1228.60 1227.90 SRI LANKA RUPEE 96.250 96.230 96.300 96.350 96.400 SWEDEN KRONA 9.2430 9.2680 9.3053 9.3710 9.3040 SWITZERLAND FRANC 1.4910 1.4918 1.4933 1.5029 1.5008 TAIWAN DOLLAR 34.780 34.810 34.900 34.980 34.920 THAILAND BAHT 43.440 43.430 43.450 43.452 43.470 *UNITED KINGDOM POUND 1.5575 1.5565 1.5625 1.5563 1.5548 VENEZUELA BOLIVAR 1462.00 1465.51 1465.00 1461.51 1473.01 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 127.83 127.71 127.72 127.65 127.72 2)MAJOR CURRENCY MAR73=100 101.35 101.30 101.11 101.19 101.20 3)OITP JAN97=100 145.44 145.23 145.58 145.27 145.41 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 January 7, 2002, 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.