H.10 WEEKLY UPDATE: WEB RELEASE ONLY For immediate release FOREIGN EXCHANGE RATES March 16, 2009 (Rates in currency units per U.S. dollar except as noted) MONETARY COUNTRY UNIT Mar. 9 Mar. 10 Mar. 11 Mar. 12 Mar. 13 *AUSTRALIA DOLLAR 0.6311 0.6473 0.6497 0.6473 0.6576 BRAZIL REAL 2.3698 2.3472 2.3357 2.3265 2.3125 CANADA DOLLAR 1.2995 1.2796 1.2808 1.2909 1.2752 CHINA, P.R. YUAN 6.8398 6.8410 6.8399 6.8383 6.8380 DENMARK KRONE 5.8943 5.8419 5.8310 5.8219 5.7834 *EMU MEMBERS EURO 1.2636 1.2752 1.2774 1.2799 1.2891 HONG KONG DOLLAR 7.7560 7.7554 7.7557 7.7533 7.7527 INDIA RUPEE 51.9100 51.3500 50.9800 51.6900 51.5400 JAPAN YEN 98.8700 98.3900 97.7400 97.8600 98.0400 MALAYSIA RINGGIT 3.7150 3.6900 3.6940 3.6900 3.7040 MEXICO PESO 15.3815 15.2872 15.1683 14.9222 14.5850 *NEW ZEALAND DOLLAR 0.4927 0.5031 0.5064 0.5140 0.5244 NORWAY KRONE 7.0635 6.9795 6.9380 6.9605 6.8437 SINGAPORE DOLLAR 1.5489 1.5346 1.5315 1.5355 1.5429 SOUTH AFRICA RAND 10.5900 10.2880 10.1450 9.9600 9.9975 SOUTH KOREA WON 1541.0000 1501.0000 1466.0000 1494.7500 1481.2000 SRI LANKA RUPEE 114.5000 113.9000 114.2000 114.5000 113.9000 SWEDEN KRONA 9.1100 8.8852 8.7906 8.7407 8.6372 SWITZERLAND FRANC 1.1634 1.1540 1.1585 1.1893 1.1880 TAIWAN DOLLAR 34.8100 34.5800 34.4600 34.4800 34.4900 THAILAND BAHT 36.1300 35.9400 35.9100 35.9700 35.9000 *UNITED KINGDOM POUND 1.3757 1.3840 1.3780 1.3811 1.3972 VENEZUELA BOLIVAR 2.1446 2.1446 2.1446 2.1446 2.1446 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 115.0954 114.1375 113.8351 113.8846 113.1176 2)MAJOR CURRENCY MAR73=100 86.0917 85.1749 85.0618 85.2746 84.6281 3)OITP JAN97=100 146.1272 145.2529 144.6757 144.4391 143.5892 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 of the currency weights and dollar indexes took effect with the January 2, 2007 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 L.P. * 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 = 239.640 SLOVENIAN TOLAR