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23-36    Exchange Rates and the Effective Exchange Rate Indices
(HKD per unit of foreign currency)
           
  Item
1997
1998
1999
2000
2001
  
  Average for the year¢Ù           
          
          
          
          
  Australian Dollar              
5.76
4.88
5.01
4.53
4.04
  Belgian Franc                  
0.218
0.215
0.205
0.178
0.173
  Canadian Dollar                
5.59
5.23
5.22
5.25
5.04
  Chinese Renminbi  (per HK$100)               
107.07
106.87
106.67
106.17
106.04
  Deutsche Mark                  
4.47
4.41
4.23
3.68
3.57
  Dutch Guilder                  
3.97
3.91
3.75
3.27
3.17
  French Franc                   
1.33
1.32
1.26
1.10
1.07
  Indonesian Rupiah              
0.0029
0.0008
0.0010
0.0009
0.0008
  Italian Lira                   
0.0046
0.0045
0.0043
0.0037
0.0036
  Japanese Yen                   
0.0641
0.0595
0.0685
0.0723
0.0643
  Malaysian Ringgit               
2.81
1.99
2.04
2.04
2.04
  New Taiwan Dollar              
0.263
0.230
0.240
0.248
0.232
  Philippine Peso                
0.2703
0.1943
0.2011
0.1797
0.1573
  Pound Sterling                 
12.69
12.83
12.55
11.81
11.24
  Republic of Korea Won          
0.0083
0.0056
0.0065
0.0069
0.0060
  Singapore Dollar               
5.23
4.64
4.58
4.52
4.36
  Swiss Franc                    
5.34
5.35
5.17
4.62
4.63
  Thai Baht                      
0.262
0.190
0.205
0.194
0.175
  US Dollar                      
7.742
7.745
7.758
7.791
7.799
  Euro¢Û
-
-
8.27
7.20
6.99
  SDR                            
10.65346
10.50555
10.60682
10.27532
9.92836
  Effective Exchange Rate Indices
          
          
  for the Hong Kong dollar¢Ý
          
          
  (January 2000=100)           
          
          
  Trade (import
98.0
103.4
100.9
101.7
104.7
  and export)-weighted
  Import-weighted              
97.9
105.5
101.4
101.5
105.1
  Export-weighted¢Ü              
98.1
101.3
100.4
101.9
104.3
  As at end of year¢Ú       
          
          
  Australian Dollar              
5.06
4.76
5.06
4.35
3.99
  Belgian Franc                  
0.211
0.227
0.194
0.182
0.171
  Canadian Dollar                
5.41
5.00
5.35
5.20
4.90
  Chinese Renminbi  (per HK$100)                   
106.85
106.86
106.61
106.04
106.04
  Deutsche Mark                  
4.33
4.62
4.00
3.76
3.53
  Dutch Guilder                  
3.84
4.10
3.55
3.33
3.13
  French Franc                   
1.29
1.38
1.19
1.12
1.05
  Indonesian Rupiah              
0.0015
0.0010
0.0011
0.0008
0.0007
  Italian Lira                   
0.0044
0.0047
0.0040
0.0038
0.0036
  Japanese Yen                   
0.0597
0.0682
0.0761
0.0682
0.0594
  Malaysian Ringgit               
2.01
2.04
2.04
2.04
2.04
  New Taiwan Dollar              
0.231
0.244
0.245
0.238
0.226
  Philippine Peso                
0.2005
0.2015
0.1935
0.1675
0.1585
  Pound Sterling                 
12.85
12.86
12.59
11.64
11.31
  Republic of Korea Won          
0.0045
0.0064
0.0069
0.0062
0.0060
  Singapore Dollar               
4.62
4.69
4.66
4.50
4.21
  Swiss Franc                    
5.33
5.62
4.88
4.84
4.67
  Thai Baht                      
0.170
0.211
0.207
0.180
0.177
  US Dollar                      
7.746
7.746
7.771
7.796
7.797
  Euro¢Û
-
-
7.82
7.34
6.91
  SDR                            
10.45129
10.90660
10.65370
10.16140
9.79010
  Effective Exchange Rate Indices
          
          
  for the Hong Kong dollar¢Ý    
          
          
  (January 2000=100)           
          
          
  Trade (import and export)-weighted
104.9
100.3
100.1
102.9
105.9
  Import-weighted              
107.9
101.4
100.0
103.2
106.7
  Export-weighted¢Ü              
102.0
99.3
100.2
102.6
105.1
  
  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.
          ¢ÙFigures are the averages of the daily closing middle-market telegraphic transfer rates or notes rates for the year.
          ¢ÚFigures are based on closing middle-market telegraphic transfer rates or notes rates as at the last trading day of the year.
          ¢ÛLaunched on 1 January 1999.
          ¢ÜIncluding re-exports and domestic exports.
          ¢ÝNew 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"                  .
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