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