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130 Unilever Annual Report & Accounts and Form 20-F 2003
Five-year record
Unilever Group
Exchange rates
The information in the following table is based on exchange rates between euros and US dollars and euros and sterling. These translation rates
were used in preparation of the accounts.
2003 2002 2001 2000 1999
Year end
€1 = $ 1.261 1.049 0.885 0.930 1.005
€1 = £ 0.708 0.651 0.611 0.624 0.621
Annual average
€1 = $ 1.126 0.940 0.895 0.921 1.065
€1 = £ 0.691 0.628 0.622 0.609 0.659
Noon Buying Rates in New York for cable transfers in foreign currencies as certified for customs purposes by the Federal Reserve Bank of New
York were as follows:
2003 2002 2001 2000 1999
Year end
€1 = $ 1.260 1.049 0.890 0.939 1.007
Annual average
€1 = $ 1.132 0.945 0.895 0.923 1.065
High
€1 = $ 1.260 1.049 0.954 1.034 1.181
Low
€1 = $ 1.036 0.859 0.837 0.827 1.001
High and low exchange rate values for each of the last six months:
September October November December January February
2003 2003 2003 2003 2004 2004
High
€1 = $ 1.165 1.183 1.200 1.260 1.285 1.285
Low
€1 = $ 1.085 1.160 1.142 1.196 1.239 1.243
On 28 February 2004, the exchange rate between euros and US dollars and euros and sterling were as follows: €1.00 = US $1.244 and
€1.00 = £0.670.