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22-37
EXCHANGE RATES AND THE EFFECTIVE EXCHANGE RATE INDICES |
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(HK dollars to one unit of foreign currency) |
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Item |
1990 |
1995 |
1996 |
1997 |
1998 |
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Average for the year① |
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Australian Dollar |
6.09 |
5.73 |
6.06 |
5.76 |
4.88 |
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Belgian Franc |
0.238 |
0.265 |
0.252 |
0.218 |
0.215 |
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Canadian Dollar |
6.68 |
5.64 |
5.67 |
5.59 |
5.23 |
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Chinese Renminbi |
1.6309 |
0.9264 |
0.9303 |
0.9340 |
0.9357 |
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Deutsche Mark |
4.84 |
5.41 |
5.14 |
4.47 |
4.41 |
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Dutch Guilder |
4.30 |
4.83 |
4.59 |
3.97 |
3.91 |
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French Franc |
1.44 |
1.55 |
1.51 |
1.33 |
1.32 |
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Indonesian Rupiah |
0.0043 |
0.0036 |
0.0034 |
0.0029 |
0.0008 |
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Italian Lira |
0.0066 |
0.0048 |
0.0050 |
0.0046 |
0.0045 |
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Japanese Yen |
0.0541 |
0.0828 |
0.0712 |
0.0641 |
0.0595 |
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Malaysian Dollar |
2.89 |
3.09 |
3.08 |
2.81 |
1.99 |
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New Taiwan Dollar |
0.274 |
0.284 |
0.274 |
0.263 |
0.230 |
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Philippine Peso |
0.315 |
0.302 |
0.295 |
0.270 |
0.194 |
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Pound Sterling |
13.92 |
12.21 |
12.08 |
12.69 |
12.83 |
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Republic of Korea Won |
0.0110 |
0.0100 |
0.0096 |
0.0083 |
0.0560 |
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Singapore Dollar |
4.31 |
5.47 |
5.49 |
5.23 |
4.64 |
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Swiss Franc |
5.64 |
6.56 |
6.26 |
5.34 |
5.35 |
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Thai Baht |
0.309 |
0.312 |
0.307 |
0.262 |
0.190 |
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US Dollar |
7.789 |
7.736 |
7.734 |
7.742 |
7.745 |
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SDR |
10.61534 |
11.74162 |
11.22536 |
10.65346 |
10.50555 |
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Effective Exchange Rate Indices for the Hong Kong dollar② (November 1983=100) |
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Trade-weighted |
107.9 |
121.8 |
125.0 |
130.3 |
137.5 |
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Import-weighted |
103.3 |
111.4 |
115.7 |
121.7 |
131.2 |
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Export-weighted④ |
113.1 |
133.7 |
135.6 |
139.9 |
144.5 |
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As at end of year③ |
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Australian Dollar |
6.00 |
5.75 |
6.17 |
5.06 |
4.80 |
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Belgian Franc |
0.257 |
0.264 |
0.243 |
0.211 |
0.227 |
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Canadian Dollar |
6.72 |
5.67 |
5.65 |
5.41 |
5.03 |
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Chinese Renminbi |
1.4927 |
0.9297 |
0.9329 |
0.9359 |
0.9358 |
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Deutsche Mark |
5.20 |
5.38 |
4.97 |
4.33 |
4.64 |
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Dutch Guilder |
4.61 |
4.80 |
4.43 |
3.84 |
4.12 |
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French Franc |
1.53 |
1.57 |
1.48 |
1.29 |
1.39 |
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Indonesian Rupiah |
0.0042 |
0.0036 |
0.0034 |
0.0015 |
0.0010 |
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Italian Lira |
0.0070 |
0.0049 |
0.0051 |
0.0044 |
0.0047 |
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Japanese Yen |
0.0576 |
0.0750 |
0.0666 |
0.0597 |
0.0661 |
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Malaysian Dollar |
2.89 |
3.05 |
3.07 |
2.01 |
2.04 |
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New Taiwan Dollar |
0.271 |
0.276 |
0.274 |
0.231 |
0.243 |
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Philippine Peso |
0.260 |
0.299 |
0.298 |
0.201 |
0.202 |
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Pound Sterling |
14.95 |
11.97 |
13.07 |
12.85 |
12.94 |
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Republic of Korea Won |
0.0109 |
0.0100 |
0.0092 |
0.0045 |
0.0064 |
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Singapore Dollar |
4.50 |
5.47 |
5.54 |
4.62 |
4.69 |
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Swiss Franc |
6.08 |
6.70 |
5.73 |
5.33 |
5.71 |
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Thai Baht |
0.313 |
0.309 |
0.303 |
0.170 |
0.213 |
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US Dollar |
7.801 |
7.732 |
7.736 |
7.746 |
7.745 |
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SDR |
11.09817 |
11.49503 |
11.12406 |
10.45129 |
10.90660 |
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Effective Exchange Rate Indices for the Hong Kong dollar② (November 1983=100) |
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Trade-weighted |
108.3 |
122.7 |
125.3 |
137.9 |
132.3 |
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Import-weighted |
103.2 |
113.1 |
116.5 |
132.0 |
124.7 |
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Export-weighted④ |
113.9 |
133.6 |
135.3 |
144.4 |
140.7 |
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Notes: Hong Kong dollar is the legal tender in the Hong Kong Special Administrative Region, as stated in "The |
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Basic Law of the Hong Kong Special Administrative Region of the People's Republic of China". Foreign |
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currency refers to any currency other than the Hong Kong currency. Accordingly Chinese Renminbi is also |
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treated as foreign currency. |
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①Figures are based on average of the closing middle-market telegraphic transfer rates or notes rates |
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for the year. |
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②The effective exchange rate indices are based on a new series released since 1 April 1995. |
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③Figures are based on closing middle-market telegraphic transfer rates or notes rates as at the last |
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trading day of the year. |
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④Including re-exports and domestic exports. |
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