H.10 WEEKLY UPDATE: WEB RELEASE ONLY For immediate release FOREIGN EXCHANGE RATES March 7, 2011 (Rates in currency units per U.S. dollar except as noted) MONETARY COUNTRY UNIT Feb. 28 Mar. 1 Mar. 2 Mar. 3 Mar. 4 *AUSTRALIA DOLLAR 1.0174 1.0159 1.0157 1.0131 1.0111 BRAZIL REAL 1.6598 1.6600 1.6600 1.6550 1.6432 CANADA DOLLAR 0.9737 0.9742 0.9733 0.9746 0.9715 CHINA, P.R. YUAN 6.5713 6.5700 6.5723 6.5717 6.5670 DENMARK KRONE 5.4054 5.3973 5.3748 5.3462 5.3315 *EMU MEMBERS EURO 1.3793 1.3813 1.3869 1.3947 1.3983 HONG KONG DOLLAR 7.7883 7.7887 7.7897 7.7891 7.7879 INDIA RUPEE 45.1800 44.8200 44.8100 45.0400 44.8900 JAPAN YEN 81.9400 81.8600 81.6200 82.4100 82.3500 MALAYSIA RINGGIT 3.0490 3.0330 3.0345 3.0300 3.0280 MEXICO PESO 12.1130 12.0882 12.1114 12.0301 12.0066 *NEW ZEALAND DOLLAR 0.7522 0.7508 0.7422 0.7403 0.7367 NORWAY KRONE 5.6138 5.5778 5.5499 5.5719 5.5728 SINGAPORE DOLLAR 1.2720 1.2707 1.2694 1.2680 1.2665 SOUTH AFRICA RAND 6.9538 6.9396 6.8885 6.9010 6.8901 SOUTH KOREA WON 1123.7000 1123.5000 1121.0000 1115.4000 1117.5000 SRI LANKA RUPEE 110.7500 110.7000 110.7000 110.6500 110.3500 SWEDEN KRONA 6.3442 6.3122 6.3185 6.3249 6.3447 SWITZERLAND FRANC 0.9305 0.9284 0.9220 0.9306 0.9263 TAIWAN DOLLAR 29.7400 29.5400 29.6300 29.4700 29.3600 THAILAND BAHT 30.5700 30.5200 30.5200 30.4500 30.4400 *UNITED KINGDOM POUND 1.6247 1.6309 1.6311 1.6266 1.6250 VENEZUELA BOLIVAR 4.2893 4.2893 4.2893 4.2893 4.2893 MEMO: UNITED STATES DOLLAR 1)BROAD JAN97=100 97.4949 97.3789 97.2651 97.1679 97.0169 2)MAJOR CURRENCY MAR73=100 71.2175 71.1466 70.9718 71.0146 70.8743 3)OITP JAN97=100 126.2020 126.0287 126.0357 125.7185 125.5734 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 May 2010 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 = .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