Table 31 : Exchange Rate of the Rupee (Period Average)
Indicative	Jul-00	Aug-00	Sep-00	Oct-00	Nov-00	Dec-00	Jan-01	Feb-01	Mar-01
Selling Rates
Australian dollar	15.547	15.416	14.757	14.279	14.510	15.368	15.621	15.086	14.352
Belgian franc(100)	61.398	59.341	57.607	57.234	58.727	62.195	65.266	64.332	63.935
French franc	3.775	3.649	3.530	3.517	3.611	3.827	4.014	3.956	3.933
Deutsche mark	12.660	12.236	11.840	11.317	12.112	12.836	13.461	13.268	13.189
Hongkong dollar	3.417	3.426	3.446	3.491	3.589	3.635	3.635	3.649	3.670
Indian rupee(100)	60.000	59.091	59.000	59.333	60.273	61.000	61.100	61.882	62.000
Italian lira(1000)	12.763	12.360	11.960	11.912	12.228	12.960	13.597	13.402	13.323
Japanese yen(100)	24.466	24.512	24.929	24.914	25.505	25.100	24.043	24.308	23.465
Kenya shilling(100)	34.857	35.054	34.441	34.440	35.581	36.075	36.149	36.498	36.912
New Zealand dollar	12.175	11.825	11.122	10.830	11.092	12.073	12.503	12.282	11.922
Singapore dollar	15.318	15.543	15.471	15.559	16.028	16.325	16.319	16.343	16.182
South African rand	3.874	3.845	3.757	3.659	3.650	3.708	3.650	3.645	3.636
Swiss franc	15.969	15.435	15.140	15.250	15.580	16.612	17.220	16.904	16.796
US dollar	26.320	26.402	26.541	26.937	27.688	28.034	28.027	28.169	28.319
Pound sterling	39.689	39.301	38.096	39.126	39.499	40.935	41.441	40.945	40.950
Euro1	24.761	23.933	23.158	23.066	23.689	25.106	26.327	25.950	25.795
1 Effective 1 January 1999, the euro (EUR) was introduced replacing its precursor, the ECU, on a one-to-one basis.
Note: With effect from October 1998, the daily average exchange rate of the rupee is based on the average selling rates
for T.T.& D.D. of all commercial banks.