24-41  Exchange Rates and the Effective Exchange Rate Indices  
  (HKD per unit of foreign currency)
Item 1999 2000 2001 2002 2003
           
  Average for the year                                    
  Australian Dollar                5.01 4.53 4.04 4.25 5.08
  Belgian Franc                      0.205 0.178 0.173 - -
  Canadian Dollar                  5.22 5.25 5.04 4.97 5.58
  Chinese Renminbi  (per HK$100)             106.67 106.17 106.04 105.84 105.86
  Deutsche Mark                 4.23 3.68 3.57 - -
  Dutch Guilder                     3.75 3.27 3.17 - -
  French Franc                     1.26 1.10 1.07 - -
  Indonesian Rupiah              0.0010 0.0009 0.0008 0.0008 0.0009
  Italian Lira                    0.0043 0.0037 0.0036 - -
  Japanese Yen                     0.0685 0.0723 0.0643 0.0625 0.0673
  Malaysian Ringgit                 2.04 2.04 2.04 2.04 2.04
  New Taiwan Dollar                0.240 0.248 0.232 0.229 0.227
  Philippine Peso                  0.201 0.18 0.157 0.156 0.146
  Pound Sterling                   12.55 11.81 11.24 11.73 12.73
  Republic of Korea Won            0.0065 0.0069 0.0060 0.0063 0.0065
  Singapore Dollar                 4.58 4.52 4.36 4.36 4.47
  Swiss Franc                      5.17 4.62 4.63 5.03 5.79
  Thai Baht                        0.205 0.194 0.175 0.182 0.188
  US Dollar                        7.758 7.791 7.799 7.799 7.787
  Euro  8.27 7.20 6.99 7.38 8.81
  SDR                              10.60682 10.27532 9.92836 10.10470 10.90920
  Effective Exchange Rate Indices 
    for the Hong Kong dollar
  (January 2000=100)        
    Trade (import  100.9 101.7 104.7 104.0 100.7
       and export)-weighted
    Import-weighted                101.4 101.5 105.1 104.7 101.6
    Export-weighted                100.4 101.9 104.3 103.3 99.8
 As at end of year        
 Australian Dollar                5.06 4.35 3.99 4.41 5.83
 Belgian Franc            0.194 0.182 0.171 - -
 Canadian Dollar                  5.35 5.20 4.90 4.95 6.00
 Chinese Renminbi  (per HK$100)                 106.61 106.04 106.04 105.82 106.67
  Deutsche Mark                    4.00 3.76 3.53 - -
  Dutch Guilder                    3.55 3.33 3.13 - -
  French Franc                    1.19 1.12 1.05 - -
  Indonesian Rupiah                0.0011 0.0008 0.0007 0.0009 0.0009
  Italian Lira                     0.0040 0.0038 0.0036 - -
  Japanese Yen                     0.0761 0.0682 0.0594 0.0657 0.0726
  Malaysian Ringgit                 2.04 2.04 2.04 2.04 2.04
  New Taiwan Dollar                0.245 0.238 0.226 0.228 0.227
  Philippine Peso                  0.194 0.168 0.159 0.150 0.143
  Pound Sterling                   12.59 11.64 11.31 12.51 13.83
  Republic of Korea Won            0.0069 0.0062 0.0060 0.0066 0.0065
  Singapore Dollar                 4.66 4.50 4.21 4.49 4.57
  Swiss Franc                      4.88 4.84 4.67 5.61 6.27
  Thai Baht                        0.207 0.180 0.177 0.181 0.196
  US Dollar                        7.771 7.796 7.797 7.798 7.763
  Euro 7.82 7.34 6.91 8.17 9.77
  SDR                              10.65370 10.16140 9.79010 10.60154 11.53559
  Effective Exchange Rate Indices 
    for the Hong Kong dollar     
  (January 2000=100)        
    Trade (import and export)-weighted 100.1 102.9 105.9 102.0 98.8
    Import-weighted                100.0 103.2 106.7 102.7 99.8
    Export-weighted                100.2 102.6 105.1 101.2 97.7
           
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.
           Figures are the closing middle-market telegraphic transfer rates or notes rates as at the last trading day of the year.
           Euro 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.
           Including re-exports and domestic exports.
           New 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".