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24-41  Exchange Rates and the Effective Exchange Rate Indices
 
(HKD per unit of foreign currency)
  Item
1999
2000
2001
2002
2003
  Average for the year¢Ù                                    
  Australian Dollar               
5.01
4.53
4.04
4.25
5.08
  Belgian Franc¢Ú                     
0.205
0.178
0.173
-
-
  Canadian Dollar                 
5.22
5.25
5.04
4.97
5.58
  Chinese Renminbi  (per HK$100)            
106.67
106.17
106.04
105.84
105.86
  Deutsche Mark¢Ú                
4.23
3.68
3.57
-
-
  Dutch Guilder¢Ú                    
3.75
3.27
3.17
-
-
  French Franc¢Ú                    
1.26
1.10
1.07
-
-
  Indonesian Rupiah             
0.0010
0.0009
0.0008
0.0008
0.0009
  Italian Lira¢Ú                   
0.0043
0.0037
0.0036
-
-
  Japanese Yen                    
0.0685
0.0723
0.0643
0.0625
0.0673
  Malaysian Ringgit                
2.04
2.04
2.04
2.04
2.04
  New Taiwan Dollar               
0.240
0.248
0.232
0.229
0.227
  Philippine Peso                 
0.201
0.18
0.157
0.156
0.146
  Pound Sterling                  
12.55
11.81
11.24
11.73
12.73
  Republic of Korea Won           
0.0065
0.0069
0.0060
0.0063
0.0065
  Singapore Dollar                
4.58
4.52
4.36
4.36
4.47
  Swiss Franc                     
5.17
4.62
4.63
5.03
5.79
  Thai Baht                       
0.205
0.194
0.175
0.182
0.188
  US Dollar                       
7.758
7.791
7.799
7.799
7.787
  Euro¢Ú  
8.27
7.20
6.99
7.38
8.81
  SDR                             
10.60682
10.27532
9.92836
10.10470
10.90920
  Effective Exchange Rate Indices  
  for the Hong Kong dollar¢Û
  (January 2000=100)
  Trade (import  
100.9
101.7
104.7
104.0
100.7
  and export)-weighted
  Import-weighted               
101.4
101.5
105.1
104.7
101.6
  Export-weighted¢Ü               
100.4
101.9
104.3
103.3
99.8
  As at end of year¢Ý        
  Australian Dollar               
5.06
4.35
3.99
4.41
5.83
  Belgian Franc¢Ú           
0.194
0.182
0.171
-
-
  Canadian Dollar                 
5.35
5.20
4.90
4.95
6.00
  Chinese Renminbi (per HK$100)
106.61
106.04
106.04
105.82
106.67
  Deutsche Mark¢Ú                   
4.00
3.76
3.53
-
-
  Dutch Guilder¢Ú                   
3.55
3.33
3.13
-
-
  French Franc¢Ú                   
1.19
1.12
1.05
-
-
  Indonesian Rupiah               
0.0011
0.0008
0.0007
0.0009
0.0009
  Italian Lira¢Ú                    
0.0040
0.0038
0.0036
-
-
  Japanese Yen                    
0.0761
0.0682
0.0594
0.0657
0.0726
  Malaysian Ringgit                
2.04
2.04
2.04
2.04
2.04
  New Taiwan Dollar               
0.245
0.238
0.226
0.228
0.227
  Philippine Peso                 
0.194
0.168
0.159
0.150
0.143
  Pound Sterling                  
12.59
11.64
11.31
12.51
13.83
  Republic of Korea Won           
0.0069
0.0062
0.0060
0.0066
0.0065
  Singapore Dollar                
4.66
4.50
4.21
4.49
4.57
  Swiss Franc                     
4.88
4.84
4.67
5.61
6.27
  Thai Baht                       
0.207
0.180
0.177
0.181
0.196
  US Dollar                       
7.771
7.796
7.797
7.798
7.763
  Euro¢Ú
7.82
7.34
6.91
8.17
9.77
  SDR                             
10.65370
10.16140
9.79010
10.60154
11.53559
  Effective Exchange Rate Indices  
  for the Hong Kong dollar¢Û     
  (January 2000=100)        
  Trade (import and export)-weighted
100.1
102.9
105.9
102.0
98.8
  Import-weighted               
100.0
103.2
106.7
102.7
99.8
  Export-weighted¢Ü               
100.2
102.6
105.1
101.2
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.
           ¢ÙFigures are the averages of the daily closing middle-market telegraphic transfer rates or notes rates for the year.
           ¢ÚFigures are the closing middle-market telegraphic transfer rates or notes rates as at the last trading day of the year.
           ¢ÛEuro 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.
           ¢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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