23-31 Exchange Rates and the Effective Exchange Rate Indices
			(HK dollars to one unit of foreign currency)
Item	1996	1997	1998	1999	2000
Average for the year①
Australian Dollar	6.06	5.76	4.88	5.01	4.53
Belgian Franc	0.252	0.218	0.215	0.205	0.178
Canadian Dollar	5.67	5.59	5.23	5.22	5.25
Chinese Renminbi	107.49	107.07	106.87	106.67	106.17
Deutsche Mark	5.14	4.47	4.41	4.23	3.68
Dutch Guilder	4.59	3.97	3.91	3.75	3.27
French Franc	1.51	1.33	1.32	1.26	1.10
Indonesian Rupiah	0.0034	0.0029	0.0008	0.0010	0.0009
Italian Lira	0.0050	0.0046	0.0045	0.0043	0.0037
Japanese Yen	0.0712	0.0641	0.0595	0.0685	0.0723
Malaysian Ringgit	3.08	2.81	1.99	2.04	2.04
New Taiwan Dollar	0.274	0.263	0.230	0.240	0.248
Philippine Peso	0.2949	0.2703	0.1943	0.2011	0.1797
Pound Sterling	12.08	12.69	12.83	12.55	11.81
Republic of Korea Won	0.0096	0.0083	0.0056	0.0065	0.0069
Singapore Dollar	5.49	5.23	4.64	4.58	4.52
Swiss Franc	6.26	5.34	5.35	5.17	4.62
Thai Baht	0.307	0.262	0.190	0.205	0.194
US Dollar	7.734	7.742	7.745	7.758	7.791
Euro③				8.27	7.20
SDR	11.22567	10.65346	10.50555	10.60666	10.27532
Effective Exchange Rate Indices
for the Hong Kong dollar
(November 1983=100)
Trade (import and export)-weighted	125.0	130.3	137.5	134.2	135.0
Import-weighted	115.7	121.7	131.2	126.1	125.7
Export-weighted④	135.6	139.9	144.5	143.2	145.4
As at end of year②
Australian Dollar	6.17	5.06	4.76	5.06	4.35
Belgian Franc	0.243	0.211	0.227	0.194	0.182
Canadian Dollar	5.65	5.41	5.00	5.35	5.20
Chinese Renminbi	107.19	106.85	106.86	106.61	106.04
Deutsche Mark	4.97	4.33	4.62	4.00	3.76
Dutch Guilder	4.43	3.84	4.10	3.55	3.33
French Franc	1.48	1.29	1.38	1.19	1.12
Indonesian Rupiah	0.0034	0.0015	0.0010	0.0011	0.0008
Italian Lira	0.0051	0.0044	0.0047	0.0040	0.0038
Japanese Yen	0.0666	0.0597	0.0682	0.0761	0.0682
Malaysian Ringgit	3.07	2.01	2.04	2.04	2.04
New Taiwan Dollar	0.274	0.231	0.244	0.245	0.238
Philippine Peso	0.2975	0.2005	0.2015	0.1935	0.1675
Pound Sterling	13.07	12.85	12.86	12.59	11.64
Republic of Korea Won	0.0092	0.0045	0.0064	0.0069	0.0062
Singapore Dollar	5.54	4.62	4.69	4.66	4.50
Swiss Franc	5.73	5.33	5.62	4.88	4.84
Thai Baht	0.303	0.170	0.211	0.207	0.180
US Dollar	7.736	7.746	7.746	7.771	7.796
Euro③				7.82	7.34
SDR	11.12406	10.45129	10.90660	10.65370	10.16140
Effective Exchange Rate Indices
for the Hong Kong dollar
(November 1983=100)
Trade (import and export)-weighted	125.3	137.9	131.8	131.5	136.0
Import-weighted	116.5	132.0	124.0	122.4	127.7
Export-weighted④	135.3	144.4	140.6	141.8	145.3
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 based on average of the closing middle-market telegraphic transfer rates or notes rates for the year.
②Figures are based on closing middle-market telegraphic transfer rates or notes rates as at the last trading day of the year.
③Launched on 1 January 1999.
④Including re-exports and domestic exports.