Table ( 8 ) : Exchange Rates 
   Domestic Market  International Markets 
(LE / currency units) 1/ (US $ / currency units)
US Dollar Pound Sterling Euro Euro Pound Sterling
Yearly Averages          
2000 3.652 5.381 3.274 0.925 1.517
2001 4.067 5.872 3.644 0.897 1.441
2002 4.632 7.003 4.407 0.946 1.504
2003 5.861 9.595 6.654 1.132 1.636
2004 6.194 11.348 7.701 1.244 1.833
Monthly Averages          
Jan-05 5.904 11.080 7.734 1.314 1.882
Feb-05 5.810 10.968 7.563 1.301 1.887
Mar-05 5.803 11.045 7.648 1.321 1.906
Apr-05 5.800 11.000 7.507 1.295 1.896
May-05 5.799 10.757 7.359 1.270 1.857
Jun-05 5.786 10.599 7.089 1.217 1.820
Jul-05 5.780 10.197 7.006 1.204 1.753
Aug-05 5.773 10.352 7.064 1.232 1.795
Sep-05 5.769 10.500 7.115 1.228 1.812
Oct-05 5.762 10.245 6.989 1.203 1.763
Nov-05 5.760 10.052 6.830 1.179 1.736
2/
Dec-05
5.751 10.128 6.862 1.185 1.750
Sources: Central Bank of Egypt, Reuters and Oanda (www.oanda.com).
1/ Average of the Bid / Ask rates.
2/ Reflects Exchange rates until 22/12/2005.
Source: Central Bank of Egypt and Reuters.