Currency translation
As standard, the Volkswagen Group uses the exchange rates of an external market data provider for translation. All exchange rates are based on the respective euro translation rates, from which all non-euro rate combinations are derived.
The rates applied are presented in the following table:
|
|
|
|
BALANCE SHEET MIDDLE RATE ON DECEMBER 31 |
|
INCOME STATEMENT AVERAGE RATE |
||||
|---|---|---|---|---|---|---|---|---|---|---|
|
|
€1 = |
|
2023 |
|
2022 |
|
2023 |
|
2022 |
|
|
|
|
|
|
|
|
|
|
|
Argentina |
|
ARS |
|
894.99391 |
|
188.75869 |
|
317.91705 |
|
136.67276 |
Australia |
|
AUD |
|
1.62920 |
|
1.57060 |
|
1.62859 |
|
1.51749 |
Brazil |
|
BRL |
|
5.37495 |
|
5.64440 |
|
5.40306 |
|
5.44441 |
Canada |
|
CAD |
|
1.46810 |
|
1.44395 |
|
1.45957 |
|
1.37048 |
Czech Republic |
|
CZK |
|
24.71800 |
|
24.14500 |
|
24.00353 |
|
24.55830 |
India |
|
INR |
|
92.11700 |
|
88.16400 |
|
89.33732 |
|
82.73456 |
Japan |
|
JPY |
|
156.79000 |
|
140.66500 |
|
151.93821 |
|
138.02361 |
Mexico |
|
MXN |
|
18.76890 |
|
20.88790 |
|
19.19575 |
|
21.21209 |
People’s Republic of China |
|
CNY |
|
7.87000 |
|
7.36605 |
|
7.65984 |
|
7.08135 |
Poland |
|
PLN |
|
4.34090 |
|
4.68600 |
|
4.54402 |
|
4.68566 |
Republic of Korea |
|
KRW |
|
1,440.71500 |
|
1,338.29500 |
|
1,413.50465 |
|
1,358.19726 |
Russia |
|
RUB |
|
99.96610 |
|
76.28680 |
|
92.29940 |
|
73.27417 |
South Africa |
|
ZAR |
|
20.44415 |
|
18.07945 |
|
19.95520 |
|
17.20322 |
Sweden |
|
SEK |
|
11.08735 |
|
11.07865 |
|
11.47160 |
|
10.62776 |
United Kingdom |
|
GBP |
|
0.86910 |
|
0.88680 |
|
0.87001 |
|
0.85256 |
USA |
|
USD |
|
1.10770 |
|
1.06770 |
|
1.08170 |
|
1.05409 |