Nokia 2015 Annual Report Download - page 111

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109
General facts on Nokia
NOKIA IN 2015
Exchange rate data
Our business and results of operations are, from time to time, aected by changes in exchange rates, particularly between the euro, our
reporting currency, and other currencies such as the US dollar, the Chinese yuan, the Japanese yen and the Korean won. The following table
setsforth information concerning the noon buying rate for the years 2011 to 2015 and for each of the months in the six-month period ended
February 29, 2016, expressed in US dollars per euro. The average rate for a year means the average of the exchange rates on the last day of
each month during a year. The average rate for a month means the average of the daily exchange rates during that month.
For the year ended December 31 (unless otherwise specied)
End of period rate Average rate Highest rate Lowest rate
(USD per EUR)
2011 1.2973 1.4002 1.4875 1.2926
2012 1.3186 1.2909 1.3463 1.2062
2013 1.3779 1.3303 1.3816 1.2774
2014 1.2101 1.3210 1.3927 1.2101
2015 1.0859 1.1032 1.2015 1.0524
September 30, 2015 1.1162 1.1229 1.1358 1.1104
October 30, 2015 1.1042 1.1228 1.1437 1.0963
November 30, 2015 1.0562 1.0727 1.1026 1.0562
December 21, 2015 1.0859 1.0889 1.1025 1.0573
January 29, 2016 1.0832 1.0855 1.0964 1.0743
February 29, 2016 1.0868 1.1092 1.1362 1.0868
On March 24, 2016, the noon buying rate was USD 1.1163 per EUR 1.00.