H.10 WEEKLY UPDATE: WEB RELEASE ONLY                               For immediate release
 FOREIGN EXCHANGE RATES                                             May 23, 2011


(Rates in currency units per U.S. dollar except as noted)


                 MONETARY
   COUNTRY         UNIT       May. 16      May. 17      May. 18      May. 19      May. 20

 *AUSTRALIA      DOLLAR         1.0620       1.0539       1.0617       1.0614       1.0644
  BRAZIL         REAL           1.6266       1.6335       1.6115       1.6179       1.6155
  CANADA         DOLLAR         0.9701       0.9772       0.9722       0.9703       0.9735
  CHINA, P.R.    YUAN           6.5073       6.5057       6.5029       6.5042       6.4917
  DENMARK        KRONE          5.2444       5.2667       5.2262       5.2324       5.2615
 *EMU MEMBERS    EURO           1.4219       1.4155       1.4270       1.4254       1.4172
  HONG KONG      DOLLAR         7.7771       7.7744       7.7745       7.7743       7.7733
  INDIA          RUPEE         45.1500      45.1300      45.0600      44.9000      44.9900
  JAPAN          YEN           80.8200      81.3900      81.3700      81.7800      81.6400
  MALAYSIA       RINGGIT        3.0420       3.0400       3.0310       3.0295       3.0100
  MEXICO         PESO          11.7220      11.7661      11.7173      11.6716      11.6555
 *NEW ZEALAND    DOLLAR         0.7850       0.7782       0.7893       0.7879       0.7934
  NORWAY         KRONE          5.5326       5.6138       5.5512       5.5281       5.5384
  SINGAPORE      DOLLAR         1.2500       1.2494       1.2408       1.2399       1.2384
  SOUTH AFRICA   RAND           6.9781       6.9947       6.9170       6.8888       6.9044
  SOUTH KOREA    WON         1091.7000    1088.3000    1087.6000    1086.0000    1082.7000
  SRI LANKA      RUPEE        109.7500     109.7500     109.7500     109.7000     109.7700
  SWEDEN         KRONA          6.3202       6.3593       6.2968       6.2788       6.3104
  SWITZERLAND    FRANC          0.8818       0.8848       0.8792       0.8840       0.8776
  TAIWAN         DOLLAR        28.8000      28.8400      28.8400      28.8200      28.8100
  THAILAND       BAHT          30.2800      30.3100      30.2300      30.2600      30.2500
 *UNITED KINGDOM POUND          1.6240       1.6206       1.6148       1.6179       1.6222
  VENEZUELA      BOLIVAR        4.2893       4.2893       4.2893       4.2893       4.2893

  MEMO:
  UNITED STATES   DOLLAR
1)BROAD          JAN97=100     95.9167      96.2094      95.8632      95.8368      95.8656
2)MAJOR CURRENCY MAR73=100     70.1436      70.5350      70.1919      70.2388      70.4030
3)OITP           JAN97=100    123.8867     123.9927     123.6833     123.5477     123.3661


 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

Statistical releases