24-41  Exchange Rates and the Effective Exchange Rate Indices
			(HKD per unit of foreign currency)
Item	2000	2001	2002	2003	2004
Average for the year①
Australian Dollar	4.53	4.04	4.25	5.08	5.73
Belgian Franc②	0.178	0.173	-	-	-
Canadian Dollar	5.25	5.04	4.97	5.58	6.00
Chinese Renminbi  (per HKD100)	106.17	106.04	105.84	105.86	106.21
Deutsche Mark②	3.68	3.57	-	-	-
Dutch Guilder②	3.27	3.17	-	-	-
Euro②	7.20	6.99	7.38	8.81	9.69
French Franc②	1.10	1.07	-	-	-
Italian Lira②	0.0037	0.0036	-	-	-
Japanese Yen	0.0723	0.0643	0.0625	0.0673	0.072
Malaysian Ringgit	2.04	2.04	2.04	2.04	2.04
New Taiwan Dollar	0.248	0.232	0.229	0.227	0.233
Philippine Peso	0.18	0.157	0.156	0.146	0.14
Pound Sterling	11.81	11.24	11.73	12.73	14.27
Republic of Korea Won	0.0069	0.0060	0.0063	0.0065	0.0068
Singapore Dollar	4.52	4.36	4.36	4.47	4.61
Swiss Franc	4.62	4.63	5.03	5.79	6.28
Thai Baht	0.194	0.175	0.182	0.188	0.193
US Dollar	7.791	7.799	7.799	7.787	7.788
SDR	10.27532	9.92836	10.10470	10.90920	11.53777
Effective Exchange Rate Indices
for the Hong Kong dollar③
(January 2000=100)
Trade (import	101.7	104.7	104.0	100.7	98.3
and export)-weighted
Import-weighted	101.5	105.1	104.7	101.6	99.2
Export-weighted④	101.9	104.3	103.3	99.8	97.3
As at end of year⑤
Australian Dollar	4.35	3.99	4.41	5.83	6.06
Belgian Franc②	0.182	0.171	-	-	-
Canadian Dollar	5.20	4.90	4.95	6.00	6.46
Chinese Renminbi  (per HKD100)	106.04	106.04	105.82	106.67	106.38
Deutsche Mark②	3.76	3.53	-	-	-
Dutch Guilder②	3.33	3.13	-	-	-
Euro②	7.34	6.91	8.17	9.77	10.6
French Franc②	1.12	1.05	-	-	-
Italian Lira②	0.0038	0.0036	-	-	-
Japanese Yen	0.0682	0.0594	0.0657	0.0726	0.0758
Malaysian Ringgit	2.04	2.04	2.04	2.04	2.05
New Taiwan Dollar	0.238	0.226	0.228	0.227	0.242
Philippine Peso	0.168	0.159	0.150	0.143	0.143
Pound Sterling	11.64	11.31	12.51	13.83	14.99
Republic of Korea Won	0.0062	0.0060	0.0066	0.0065	0.0075
Singapore Dollar	4.50	4.21	4.49	4.57	4.77
Swiss Franc	4.84	4.67	5.61	6.27	6.86
Thai Baht	0.180	0.177	0.181	0.196	0.199
US Dollar	7.796	7.797	7.798	7.763	7.774
SDR	10.16140	9.79010	10.60154	11.53559	12.07310
Effective Exchange Rate Indices
for the Hong Kong dollar③
(January 2000=100)
Trade (import and export)-weighted	102.9	105.9	102.0	98.8	96.0
Import-weighted	103.2	106.7	102.7	99.8	96.8
Export-weighted④	102.6	105.1	101.2	97.7	95.2
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.
①Figures are the averages of the daily closing middle-market telegraphic transfer rates or notes rates for the year.
②Euro 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.
③New 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".
④Including re-exports and domestic exports.
⑤Figures are the closing middle-market telegraphic transfer rates or notes rates as at the last trading day of the year.