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18-2 Average Exchange Rate of RMB Yuan Against Main Convertible Currencies (Middle Rate) (RMB yuan) Year 100 US Dollars 100 Japanese Yen 100 Hong Kong Dollars 100 Euros 1985 293.6600 1.2457 37.57 1986 345.2800 2.0694 44.22 1987 372.2100 2.5799 47.74 1988 372.2100 2.9082 47.70 1989 376.5100 2.7360 48.28 1990 478.3200 3.3233 61.39 1991 532.3300 3.9602 68.45 1992 551.4600 4.3608 71.24 1993 576.2000 5.2020 74.41 1994 861.8700 8.4370 111.53 1995 835.1000 8.9225 107.96 1996 831.4200 7.6352 107.51 1997 828.9800 6.8600 107.09 1998 827.9100 6.3488 106.88 1999 827.8300 7.2932 106.66 2000 827.8400 7.6864 106.18 2001 827.7000 6.8075 106.08 2002 827.7000 6.6237 106.07 800.58 2003 827.7000 7.1466 106.24 936.13 2004 827.6800 7.6552 106.23 1029.00 2005 819.1700 7.4484 105.30 1019.53 a) ECU enters the circulating market since 2002.

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