Ryanair 2011 Annual Report Download - page 41
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U.K. pounds sterling per U.S.$1.00(d)
Year ended December 31,
End of
Period
Average (b)
Low High
2006 ................................................................
................................
0.511
0.543
—
—
2007
................................
................................
................................
0.504
0.500
—
—
2008 ................................................................
................................
0.686
0.546
—
—
2009
................................
................................
................................
0.627
0.641
—
—
2010 ................................................................
................................
0.641
0.647
—
—
Month ended
January 31, 2011 ................................................................
.................
— — 0.623
0.645
February 28, 2011
................................
................................
...............
—
—
0.615
0.624
March 31, 2011 ................................................................
...................
— — 0.610
0.625
April 30, 2011
................................
................................
.....................
—
—
0.598
0.620
May 31, 2011 ................................................................
......................
— — 0.599
0.621
June 30, 2011 ................................................................
......................
— — 0.608
0.626
Period ended July 15, 2011
................................
................................
—
—
0.619
0.628
______________
(a) Based on the Federal Reserve Rate for euro.
(b) The average of the relevant exchange rates on the last business day of each month during the relevant
period.
(c) Based on the composite exchange rate as quoted at 5 p.m., New York time, by Bloomberg.
(d) Based on the Federal Reserve Rate for U.K. pounds sterling.
As of July 15, 2011, the exchange rate between the U.S. dollar and the euro was 11.00 = $1.4156, or
$1.00 = 10.7064; the exchange rate between the U.K. pound sterling and the euro was U.K. £1.00 = 11.1413, or
11.00 = U.K. £0.8762; and the exchange rate between the U.K. pound sterling and the U.S. dollar was U.K.
£1.00 = $1.6149, or $1.00 = U.K. £0.6192. For a discussion of the impact of exchange rate fluctuations on the
Company’s results of operations, see “Item 11. Quantitative and Qualitative Disclosures About Market Risk.”