H.10(512) April 15, 2005 FOREIGN EXCHANGE RATES FOR THE WEEK ENDING APRIL 15, 2005 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 Apr. 11 Apr. 12 Apr. 13 Apr. 14 Apr. 15 *AUSTRALIA DOLLAR 0.7755 0.7734 0.7797 0.7715 0.7703 BRAZIL REAL 2.5753 2.5980 2.5550 2.5710 2.5875 CANADA DOLLAR 1.2330 1.2408 1.2365 1.2417 1.2420 CHINA, P.R. YUAN 8.2765 8.2765 8.2765 8.2765 8.2765 DENMARK KRONE 5.7425 5.7854 5.7675 5.8109 5.7645 *EMU MEMBERS EURO 1.2972 1.2873 1.2918 1.2819 1.2928 HONG KONG DOLLAR 7.7990 7.7991 7.7989 7.7987 7.7984 INDIA RUPEE 43.60 43.62 43.65 43.64 43.70 JAPAN YEN 107.79 108.26 107.32 108.18 107.65 MALAYSIA RINGGIT 3.8000 3.8000 3.8000 3.8000 3.8000 MEXICO PESO 11.089 11.119 11.061 11.098 11.088 *NEW ZEALAND DOLLAR 0.7215 0.7192 0.7248 0.7212 0.7175 NORWAY KRONE 6.3134 6.3521 6.3592 6.4235 6.3658 SINGAPORE DOLLAR 1.6490 1.6498 1.6440 1.6558 1.6554 SOUTH AFRICA RAND 6.1390 6.1800 6.1063 6.2675 6.2825 SOUTH KOREA WON 1015.00 1016.00 1011.00 1019.00 1018.00 SRI LANKA RUPEE 99.600 99.600 99.500 99.500 99.600 SWEDEN KRONA 7.0564 7.1018 7.0796 7.1627 7.0960 SWITZERLAND FRANC 1.1935 1.2037 1.2000 1.2135 1.2011 TAIWAN DOLLAR 31.565 31.620 31.420 31.700 31.560 THAILAND BAHT 39.610 39.650 39.490 39.700 39.620 *UNITED KINGDOM POUND 1.8908 1.8842 1.8930 1.8806 1.8930 VENEZUELA BOLIVAR 2144.60 2144.60 2144.60 2144.60 2144.60 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 109.89 110.32 109.88 110.46 110.16 2)MAJOR CURRENCY MAR73=100 82.20 82.71 82.32 82.88 82.49 3)OITP JAN97=100 139.48 139.67 139.23 139.68 139.66 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 in early February 2005, and is reflected in the February 7, 2005 release of this weekly report. The source for exchange rates not listed in the table above but used in the calculation of the broad and OITP indexes is Reuters Limited. * 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.