National Oilwell Varco 2010 Annual Report Download - page 51

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As of December 31, 2010 December 31,
Functional Currency 2011 2012 2013 Total 2009
Sell USD/Buy KRW:
Notional amount to buy (in South
Korean won) 63,603 3,415 639 67,657 153,226
Average KRW to USD contract rate 1,084.66 1,118.68 1,020.25 1,085.68 1,046.00
Fair Value at December 31, 2010 in
U.S. dollars (3) (3) (18)
GBP Buy USD/Sell GBP:
Notional amount to buy (in British
Pounds Sterling) 11
Average USD to GBP contract rate 1.5880
Fair Value at December 31, 2010 in
U.S. dollars
Sell USD/Buy GBP:
Notional amount to buy (in British
Pounds Sterling) 47 2 49 2
Average USD to GBP contract rate 1.4924 1.5478 1.4952 1.5313
Fair Value at December 31, 2010 in
U.S. dollars 2 2
USD Buy DKK/Sell USD:
Notional amount to buy (in U.S.
dollars) 19  19 44
Average DKK to USD contract rate 5.5064 5.5064 5.1219
Fair Value at December 31, 2010 in
U.S. dollars (1)
Buy EUR/Sell USD:
Notional amount to buy (in U.S.
dollars) 221 3  224 382
Average USD to EUR contract rate 1.3240 1.3519 1.3243 1.4578
Fair Value at December 31, 2010 in
U.S. dollars (7)
Buy GBP/Sell USD:
Notional amount to buy (in U.S.
dollars) 18  18 76
Average USD to GBP contract rate 1.5724 1.5724 1.6348
Fair Value at December 31, 2010 in
U.S. dollars (2)
Buy NOK/Sell USD:
Notional amount to buy (in U.S.
dollars) 504 306 810 1,094
Average NOK to USD contract rate 6.1877 6.2260 6.2022 6.2269
Fair Value at December 31, 2010 in
U.S. dollars 21 11 32 67
Sell DKK/Buy USD:
Notional amount to buy (in U.S.
dollars) 8   8 6
Average DKK to USD contract rate 5.5998 5.5998 5.0009
Fair Value at December 31, 2010 in
U.S. dollars
Sell EUR/Buy USD:
Notional amount to sell (in U.S.
dollars) 58 8  66 56
Average USD to EUR contract rate 1.3406 1.3546 1.3423 1.4324
Fair Value at December 31, 2010 in
U.S. dollars 1 1
Sell NOK/Buy USD:
Notional amount to sell (in U.S.
dollars) 224 5  229 408
Average NOK to USD contract rate 6.1255 6.2539 6.1282 5.8307
Fair Value at December 31, 2010 in
U.S. dollars (7) (7)
Sell RUB/Buy USD:
Notional amount to sell (in U.S.
dollars) 25  25
Average RUB to USD contract rate 31.2030 31.2030
Fair Value at December 31, 2010 in
U.S. dollars (1) (1)