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24-41  Exchange Rates and the Effective Exchange Rate Indices
           
      (HKD per unit of foreign currency)
Item 2000 2001 2002 2003 2004
           
Average for the year①                      
Australian Dollar                4.53 4.04 4.25 5.08 5.73
Belgian Franc                      0.178 0.173 - - -
Canadian Dollar                  5.25 5.04 4.97 5.58 6.00
Chinese Renminbi  (per HKD100)             106.17 106.04 105.84 105.86 106.21
Deutsche Mark                 3.68 3.57 - - -
Dutch Guilder                     3.27 3.17 - - -
Euro  7.20 6.99 7.38 8.81 9.69
French Franc                     1.10 1.07 - - -
Italian Lira                    0.0037 0.0036 - - -
Japanese Yen                     0.0723 0.0643 0.0625 0.0673 0.072
Malaysian Ringgit                 2.04 2.04 2.04 2.04 2.04
New Taiwan Dollar                0.248 0.232 0.229 0.227 0.233
Philippine Peso                  0.18 0.157 0.156 0.146 0.14
Pound Sterling                   11.81 11.24 11.73 12.73 14.27
Republic of Korea Won            0.0069 0.0060 0.0063 0.0065 0.0068
Singapore Dollar                 4.52 4.36 4.36 4.47 4.61
Swiss Franc                      4.62 4.63 5.03 5.79 6.28
Thai Baht                        0.194 0.175 0.182 0.188 0.193
US Dollar                        7.791 7.799 7.799 7.787 7.788
SDR                              10.27532 9.92836 10.10470 10.90920 11.53777
Effective Exchange Rate Indices           
for the Hong Kong dollar          
(January 2000=100)                  
Trade (import  101.7 104.7 104.0 100.7 98.3
and export)-weighted          
Import-weighted                101.5 105.1 104.7 101.6 99.2
Export-weighted                101.9 104.3 103.3 99.8 97.3
As at end of year⑤                  
Australian Dollar                4.35 3.99 4.41 5.83 6.06
Belgian Franc            0.182 0.171 - - -
Canadian Dollar                  5.20 4.90 4.95 6.00 6.46
Chinese Renminbi  (per HKD100)                 106.04 106.04 105.82 106.67 106.38
Deutsche Mark                    3.76 3.53 - - -
Dutch Guilder                    3.33 3.13 - - -
Euro 7.34 6.91 8.17 9.77 10.6
French Franc                    1.12 1.05 - - -
Italian Lira                     0.0038 0.0036 - - -
Japanese Yen                     0.0682 0.0594 0.0657 0.0726 0.0758
Malaysian Ringgit                 2.04 2.04 2.04 2.04 2.05
New Taiwan Dollar                0.238 0.226 0.228 0.227 0.242
Philippine Peso                  0.168 0.159 0.150 0.143 0.143
Pound Sterling                   11.64 11.31 12.51 13.83 14.99
Republic of Korea Won            0.0062 0.0060 0.0066 0.0065 0.0075
Singapore Dollar                 4.50 4.21 4.49 4.57 4.77
Swiss Franc                      4.84 4.67 5.61 6.27 6.86
Thai Baht                        0.180 0.177 0.181 0.196 0.199
US Dollar                        7.796 7.797 7.798 7.763 7.774
SDR                              10.16140 9.79010 10.60154 11.53559 12.07310
Effective Exchange Rate Indices           
for the Hong Kong dollar               
(January 2000=100)                  
Trade (import and export)-weighted 102.9 105.9 102.0 98.8 96.0
Import-weighted                103.2 106.7 102.7 99.8 96.8
Export-weighted                102.6 105.1 101.2 97.7 95.2
           
           
Notes: Hong Kong Dollar is the legal tender in the Hong Kong Special Administrative Region, as stated in
"The Basic Law of the Hong Kong 
Special Administrative Region of the People's Republic of China". Foreign currency refers to any currency other
than the Hong Kong currency.
Accordingly Chinese Renminbi is also treated as foreign currency.
Figures are the averages of the daily closing middle-market telegraphic transfer rates or notes rates for the year.
Euro is a unified European currency launched on 1 January 1999. As from 1 January 2002, Euro notes and
coins have replaced notes and 
coins in national currencies of participating countries of the Euro.
New series released since 2 January 2002.  For details, please see the feature article entitled "New Series
of Effective Exchange Rate Index   
for the Hong Kong Dollar" in the December 2001 issue of the "Hong Kong Monthly Digest of Statistics".
  Including re-exports and domestic exports.
Figures are the closing middle-market telegraphic transfer rates or notes rates as at the last trading day
of the year.
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