G.5(405)                                                        October 1, 2010



 FOREIGN EXCHANGE RATES

 THE TABLE BELOW SHOWS THE AVERAGE RATES OF EXCHANGE IN SEPTEMBER 2010 TOGETHER
 WITH COMPARABLE FIGURES FOR OTHER MONTHS. AVERAGES ARE BASED ON DAILY NOON BUYING
 RATES FOR CABLE TRANSFERS IN NEW YORK CITY CERTIFIED FOR CUSTOMS PURPOSES BY
 THE FEDERAL RESERVE BANK OF NEW YORK.


                                (Currency units per U.S. dollar except as noted)


                   MONETARY       2010         2010         2010         2009
   COUNTRY           UNIT       September     August        July       September

 *AUSTRALIA        DOLLAR          0.9398       0.9004       0.8786       0.8622
  BRAZIL           REAL            1.7180       1.7589       1.7689       1.8187
  CANADA           DOLLAR          1.0330       1.0404       1.0422       1.0816
  CHINA, P.R.      YUAN            6.7396       6.7873       6.7762       6.8277
  DENMARK          KRONE           5.6867       5.7745       5.8179       5.1065
 *EMU MEMBERS      EURO            1.3103       1.2903       1.2811       1.4575
  HONG KONG        DOLLAR          7.7643       7.7702       7.7753       7.7503
  INDIA            RUPEE          45.8729      46.4605      46.7617      48.2924
  JAPAN            YEN            84.3571      85.3727      87.5005      91.2748
  MALAYSIA         RINGGIT         3.1032       3.1516       3.2035       3.4899
  MEXICO           PESO           12.7977      12.7660      12.8038      13.4060
 *NEW ZEALAND      DOLLAR          0.7288       0.7150       0.7145       0.7046
  NORWAY           KRONE           6.0431       6.1481       6.2633       5.9006
  SINGAPORE        DOLLAR          1.3333       1.3551       1.3756       1.4220
  SOUTH AFRICA     RAND            7.1100       7.2877       7.5212       7.5025
  SOUTH KOREA      WON          1159.9310    1179.5159    1203.8095    1211.8643
  SRI LANKA        RUPEE         112.3029     112.3968     112.9571     114.7667
  SWEDEN           KRONA           7.0397       7.3015       7.4066       6.9941
  SWITZERLAND      FRANC           1.0002       1.0388       1.0530       1.0391
  TAIWAN           DOLLAR         31.6410      31.8695      32.0935      32.5333
  THAILAND         BAHT           30.7771      31.7173      32.2895      33.7876
 *UNITED KINGDOM   POUND           1.5591       1.5661       1.5304       1.6323
  VENEZUELA        BOLIVAR         4.2893       4.2897       4.2896       2.1446

  MEMO:
  UNITED STATES    DOLLAR
1)BROAD            JAN97=100     101.5870     102.5983     103.4384     102.4651
2)MAJOR CURRENCY   MAR73=100      74.9908      75.9263      76.7385      74.0738
3)OITP             JAN97=100     130.1960     131.1825     131.9449     133.9497


 This release is available online at http://www.federalreserve.gov/releases/G5.

 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 to the trade weights and the dollar indexes took effect
 with the May 2009 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.

 *  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.

 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.

 The euro is reported in place of the individual eure-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

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