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23-39 Exchange Rates and the Effective Exchange Rate Indices  
(HKD per unit of foreign currency)  
 
 Item   
1998 
 
1999 
 
2000 
 
2001 
 
2002 
 
 
 Average for the year 
 Australian Dollar   
4.88 
 
5.01 
 
4.53 
 
4.04 
 
4.25 
 Belgian Franc‡B   
0.215 
 
0.205 
 
0.178 
 
0.173 
 
 Canadian Dollar   
5.23 
 
5.22 
 
5.25 
 
5.04 
 
4.97 
 Chinese Renminbi (per HK$100)   
106.87 
 
106.67 
 
106.17 
 
106.04 
 
105.84 
 Deutsche Mark‡B   
4.41 
 
4.23 
 
3.68 
 
3.57 
 
 Dutch Guilder‡B   
3.91 
 
3.75 
 
3.27 
 
3.17 
 
 French Franc‡B   
1.32 
 
1.26 
 
1.10 
 
1.07 
 
 Indonesian Rupiah   
0.0008 
 
0.0010 
 
0.0009 
 
0.0008 
 
0.0008 
 Italian Lira‡B   
0.0045 
 
0.0043 
 
0.0037 
 
0.0036 
 
 Japanese Yen   
0.0595 
 
0.0685 
 
0.0723 
 
0.0643 
 
0.0625 
 Malaysian Ringgit   
1.99 
 
2.04 
 
2.04 
 
2.04 
 
2.04 
 New Taiwan Dollar   
0.230 
 
0.240 
 
0.248 
 
0.232 
 
0.229 
 Philippine Peso   
0.194 
 
0.201 
 
0.18 
 
0.157 
 
0.156 
 Pound Sterling   
12.83 
 
12.55 
 
11.81 
 
11.24 
 
11.73 
 Republic of Korea Won   
0.0056 
 
0.0065 
 
0.0069 
 
0.0060 
 
0.0063 
 Singapore Dollar   
4.64 
 
4.58 
 
4.52 
 
4.36 
 
4.36 
 Swiss Franc   
5.35 
 
5.17 
 
4.62 
 
4.63 
 
5.03 
 Thai Baht   
0.190 
 
0.205 
 
0.194 
 
0.175 
 
0.182 
 US Dollar   
7.745 
 
7.758 
 
7.791 
 
7.799 
 
7.799 
 Euro   
 
8.27 
 
7.20 
 
6.99 
 
7.38 
 SDR   
10.50555 
 
10.60682 
 
10.27532 
 
9.92836 
 
10.1047
 Effective Exchange Rate Indices 
 for the Hong Kong dollar 
 (January 2000=100) 
 Trade (import   
103.4 
 
100.9 
 
101.7 
 
104.7 
 
104 
 and export)-weighted 
 Import-weighted   
105.5 
 
101.4 
 
101.5 
 
105.1 
 
104.7 
 Export-weighted   
101.3 
 
100.4 
 
101.9 
 
104.3 
 
103.3 
 As at end of year 
 Australian Dollar   
4.76 
 
5.06 
 
4.35 
 
3.99 
 
4.41 
 Belgian Franc‡B   
0.227 
 
0.194 
 
0.182 
 
0.171 
 
 Canadian Dollar   
5.00 
 
5.35 
 
5.20 
 
4.90 
 
4.95 
 Chinese Renminbi (per HK$100)   
106.86 
 
106.61 
 
106.04 
 
106.04 
 
105.82 
 Deutsche Mark嘊   
4.62 
 
4.00 
 
3.76 
 
3.53 
 
 Dutch Guilder嘊   
4.10 
 
3.55 
 
3.33 
 
3.13 
 
 French Franc嘊   
1.38 
 
1.19 
 
1.12 
 
1.05 
 
 Indonesian Rupiah   
0.0010 
 
0.0011 
 
0.0008 
 
0.0007 
 
0.0009 
 Italian Lira嘊   
0.0047 
 
0.0040 
 
0.0038 
 
0.0036 
 
 Japanese Yen   
0.0682 
 
0.0761 
 
0.0682 
 
0.0594 
 
0.0657 
 Malaysian Ringgit   
2.04 
 
2.04 
 
2.04 
 
2.04 
 
2.04 
 New Taiwan Dollar   
0.244 
 
0.245 
 
0.238 
 
0.226 
 
0.228 
 Philippine Peso   
0.202 
 
0.194 
 
0.168 
 
0.159 
 
0.150 
 Pound Sterling   
12.86 
 
12.59 
 
11.64 
 
11.31 
 
12.51 
 Republic of Korea Won   
0.0064 
 
0.0069 
 
0.0062 
 
0.0060 
 
0.0066 
 Singapore Dollar   
4.69 
 
4.66 
 
4.50 
 
4.21 
 
4.49 
 Thai Baht   
0.211 
 
0.207 
 
0.180 
 
0.177 
 
0.181 
 US Dollar   
7.746 
 
7.771 
 
7.796 
 
7.797 
 
7.798 
 Euro   
 
7.82 
 
7.34 
 
6.91 
 
8.17 
 SDR   
10.90660 
 
10.65370 
 
10.16140 
 
9.79010 
 
10.6015
 Effective Exchange Rate Indices 
 for the Hong Kong dollar 
 (January 2000=100) 
 Trade (import and export)-weight  
100.3 
 
100.1 
 
102.9 
 
105.9 
 
102.0 
 Import-weighted   
101.4 
 
100.0 
 
103.2 
 
106.7 
 
102.7 
 Export-weighted   
99.3 
 
100.2 
 
102.6 
 
105.1 
 
101.2 
 
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.
 Figures are based on closing middle-market telegraphic transfer rates or notes rates as at the last trading day of 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.
 Including re-exports and domestic exports.
 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".
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