24-42  Exchange Rates and the Effective Exchange Rate Indices
(HKD per unit of foreign currency)
Item 2007 2008 2009 2010 2011
           
  Average for the year①  
  Australian Dollar 6.55 6.63 6.16 7.15 8.04
  Canadian Dollar 7.30 7.34 6.83 7.54 7.87
  Chinese Renminbi 1.0300 1.1236 1.1343 1.1503 1.2069
  Euro 10.70 11.45 10.82 10.31 10.84
  Indian Rupee - - 0.161 0.170 0.168
  Japanese Yen 0.0664 0.0756 0.0830  0.0888 0.0978
  Malaysian Ringgit 2.27 2.34 2.20    2.42 2.55
  New Taiwan Dollar 0.242 0.254 0.243   0.255 0.274
  Philippines Peso 0.170 0.180 0.167   0.175 0.177
  Pound Sterling 15.62 14.42 12.16   12.01 12.48
  Korean Won 0.0084 0.0072 0.0061  0.0067 0.0070
  Singapore Dollar 5.18 5.51 5.34    5.71 6.20
  Swiss Franc 6.51 7.21 7.16    7.47 8.82
  Thai Baht 0.242 0.236 0.226   0.245 0.256
  US Dollar 7.801 7.787 7.752   7.769 7.784
  Special Drawing Right 11.94216 12.31358 11.95320 11.85099 12.29413
  Effective Exchange Rate Indices  
    for the Hong Kong dollar  
    (January 2010=100)  
    Trade (import and export)-weighted 106.3 100.7 101.9 99.5 94.6
         
    Import-weighted 107.6 101.3 102.2 99.2 93.9
    Export-weighted 104.8 100.1 101.6 99.8 95.4
 As at end of year    
 Australian Dollar 6.87 5.37 6.98 7.92 7.94
 Canadian Dollar 7.99 6.37 7.38 7.78 7.60
 Chinese Renminbi 1.0736 1.1282 1.1385 1.1816 1.2325
  Euro 11.49 10.93 11.20 10.39 10.06
  Indian Rupee - - 0.167 0.173 0.147
  Japanese Yen 0.0697 0.0860 0.0841 0.0956 0.1009
  Malaysian Ringgit 2.36 2.24 2.26 2.52 2.45
  New Taiwan Dollar 0.248 0.246 0.249 0.275 0.264
  Philippines Peso 0.190 0.168 0.173 0.178 0.180
  Pound Sterling 15.59 11.21 12.50 12.04 12.06
  Korean Won 0.0083 0.0062 0.0067 0.0069 0.0067
  Singapore Dollar 5.43 5.38 5.54 6.06 5.99
  Swiss Franc 6.93 7.33 7.53 8.31 8.28
  Thai Baht 0.262 0.223 0.233 0.259 0.247
  US Dollar 7.802 7.751 7.756 7.775 7.766
  Special Drawing Right 12.32911 11.93863 12.15900 11.98913 11.92751
  Effective Exchange Rate Indices  
    for the Hong Kong Dollar  
    (January 2010=100)  
    Trade (import and export)-weighted 102.5 102.1 100.3 96.3 94.9
    Import-weighted 103.5 102.1 100.4 95.6 94.3
    Export-weighted② 101.4 102.2 100.2 97.2 95.5
           
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.
           Figures are the averages of the daily closing middle-market telegraphic transfer rates or notes rates for the year.
           Including re-exports and domestic exports.
           Figures are the closing middle-market telegraphic transfer rates or notes rates as at the last trading day of the year.
           New series has been released as from 3 January 2012.