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24-41  Exchange Rates and the Effective Exchange Rate Indices (HKD per unit of foreign currency, unless otherwise specified) Item 2001 2002 2003 2004 2005 Average for the year① Australian Dollar 4.04 4.25 5.08 5.73 5.93 Belgian Franc② 0.173 - - -       - Canadian Dollar 5.04 4.97 5.58 6 6.42 Chinese Renminbi  (per HKD100) 106.04 105.84 105.86 106.21 105.26 Deutsche Mark② 3.57 - - -       - Dutch Guilder② 3.17 - - -       - Euro② 6.99 7.38 8.81 9.69 9.68 French Franc② 1.07 - - -       - Italian Lira② 0.0036 - - -       - Japanese Yen 0.0643 0.0625 0.0673 0.072 0.0707 Malaysian Ringgit 2.04 2.04 2.04 2.04 2.05 New Taiwan Dollar 0.232 0.229 0.227 0.233 0.242 Philippines Peso 0.157 0.156 0.146 0.14 0.144 Pound Sterling 11.24 11.73 12.73 14.27 14.15 Korean Won 0.006 0.0063 0.0065 0.0068 0.0076 Singapore Dollar 4.36 4.36 4.47 4.61 4.67 Swiss Franc 4.63 5.03 5.79 6.28 6.25 Thai Baht 0.175 0.182 0.188 0.193 0.193 US Dollar 7.799 7.799 7.787 7.788 7.777 Special Drawing Right 9.92836 10.1047 10.90920 11.53777 11.48780 Effective Exchange Rate Indices for the Hong Kong dollar③ (January 2000=100) Trade (import 104.7 104 100.7 98.3 97.4 and export)-weighted Import-weighted 105.1 104.7 101.6 99.2 98.1 Export-weighted④ 104.3 103.3 99.8 97.3 96.7 As at end of year⑤ Australian Dollar 3.99 4.41 5.83 6.06 5.68 Belgian Franc② 0.171 - - -       - Canadian Dollar 4.9 4.95 6 6.46 6.67 Chinese Renminbi  (per HKD100) 106.04 105.82 106.67 106.38 104.16 Deutsche Mark②                    3.53 - - -       - Dutch Guilder②                    3.13 - - -       - Euro② 6.91 8.17 9.77 10.6 9.18 French Franc②                    1.05 - - -       - Italian Lira②                     0.0036 - - -       - Japanese Yen                     0.0594 0.0657 0.0726 0.0758 0.0659 Malaysian Ringgit                 2.04 2.04 2.04 2.05 2.05 New Taiwan Dollar                0.226 0.228 0.227 0.242 0.239 Philippines Peso                  0.159 0.15 0.143 0.143 0.15 Pound Sterling                   11.31 12.51 13.83 14.99 13.36 Korean Won  0.006 0.0066 0.0065 0.0075 0.0077 Singapore Dollar                 4.21 4.49 4.57 4.77 4.67 Swiss Franc                      4.67 5.61 6.27 6.86 5.9 Thai Baht                        0.177 0.181 0.196 0.199 0.189 US Dollar                        7.797 7.798 7.763 7.774 7.753 Special Drawing Right 9.79010 10.60154 11.53559 12.07310 11.08113 Effective Exchange Rate Indices  for the Hong Kong dollar③      (January 2000=100)         Trade (import and export)-weighted 105.9 102.0 98.8 96.0 98.4 Import-weighted                106.7 102.7 99.8 96.8 99.1 Export-weighted④                105.1 101.2 97.7 95.2 97.7 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. ①Figures are the averages of the daily closing middle-market telegraphic transfer rates or notes rates for the year. ②Euro is a unified currencyf 12 European Union's member countries, which was  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. ③New 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". ④Including re-exports and domestic exports. ⑤Figures are the closing middle-market telegraphic transfer rates or notes rates as at the last trading day of the year.

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