23-36    Exchange Rates and the Effective Exchange Rate Indices
		(HKD per unit of foreign currency)
Item	1997	1998	1999	2000	2001
Average for the year①
Australian Dollar	5.76	4.88	5.01	4.53	4.04
Belgian Franc	0.218	0.215	0.205	0.178	0.173
Canadian Dollar	5.59	5.23	5.22	5.25	5.04
Chinese Renminbi  (per HK$100)	107.07	106.87	106.67	106.17	106.04
Deutsche Mark	4.47	4.41	4.23	3.68	3.57
Dutch Guilder	3.97	3.91	3.75	3.27	3.17
French Franc	1.33	1.32	1.26	1.10	1.07
Indonesian Rupiah	0.0029	0.0008	0.0010	0.0009	0.0008
Italian Lira	0.0046	0.0045	0.0043	0.0037	0.0036
Japanese Yen	0.0641	0.0595	0.0685	0.0723	0.0643
Malaysian Ringgit	2.81	1.99	2.04	2.04	2.04
New Taiwan Dollar	0.263	0.230	0.240	0.248	0.232
Philippine Peso	0.2703	0.1943	0.2011	0.1797	0.1573
Pound Sterling	12.69	12.83	12.55	11.81	11.24
Republic of Korea Won	0.0083	0.0056	0.0065	0.0069	0.0060
Singapore Dollar	5.23	4.64	4.58	4.52	4.36
Swiss Franc	5.34	5.35	5.17	4.62	4.63
Thai Baht	0.262	0.190	0.205	0.194	0.175
US Dollar	7.742	7.745	7.758	7.791	7.799
Euro③	-	-	8.27	7.20	6.99
SDR	10.65346	10.50555	10.60682	10.27532	9.92836
Effective Exchange Rate Indices
for the Hong Kong dollar⑤
(January 2000=100)
Trade (import	98.0	103.4	100.9	101.7	104.7
and export)-weighted
Import-weighted	97.9	105.5	101.4	101.5	105.1
Export-weighted④	98.1	101.3	100.4	101.9	104.3
As at end of year②
Australian Dollar	5.06	4.76	5.06	4.35	3.99
Belgian Franc	0.211	0.227	0.194	0.182	0.171
Canadian Dollar	5.41	5.00	5.35	5.20	4.90
Chinese Renminbi  (per HK$100)	106.85	106.86	106.61	106.04	106.04
Deutsche Mark	4.33	4.62	4.00	3.76	3.53
Dutch Guilder	3.84	4.10	3.55	3.33	3.13
French Franc	1.29	1.38	1.19	1.12	1.05
Indonesian Rupiah	0.0015	0.0010	0.0011	0.0008	0.0007
Italian Lira	0.0044	0.0047	0.0040	0.0038	0.0036
Japanese Yen	0.0597	0.0682	0.0761	0.0682	0.0594
Malaysian Ringgit	2.01	2.04	2.04	2.04	2.04
New Taiwan Dollar	0.231	0.244	0.245	0.238	0.226
Philippine Peso	0.2005	0.2015	0.1935	0.1675	0.1585
Pound Sterling	12.85	12.86	12.59	11.64	11.31
Republic of Korea Won	0.0045	0.0064	0.0069	0.0062	0.0060
Singapore Dollar	4.62	4.69	4.66	4.50	4.21
Swiss Franc	5.33	5.62	4.88	4.84	4.67
Thai Baht	0.170	0.211	0.207	0.180	0.177
US Dollar	7.746	7.746	7.771	7.796	7.797
Euro③	-	-	7.82	7.34	6.91
SDR	10.45129	10.90660	10.65370	10.16140	9.79010
Effective Exchange Rate Indices
for the Hong Kong dollar⑤
(January 2000=100)
Trade (import and export)-weighted	104.9	100.3	100.1	102.9	105.9
Import-weighted	107.9	101.4	100.0	103.2	106.7
Export-weighted④	102.0	99.3	100.2	102.6	105.1
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 the averages of the daily 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.
⑤New 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".