EN / SV

Exchange rates for the fourth quarter of 2022

UPDATED MON, 02 January, 2023 08:30 CET


The net foreign exchange impact of the Kindred Group’s main trading currencies against its reporting currency of GBP is shown in the tables below. While this has no material impact on the underlying development of the Kindred Group’s business, it does affect the reported results when translated into GBP.

The weighted average movement of GBP against the Kindred Group’s main currencies was a positive impact on Gross winnings revenue of approximately 1 per cent in the fourth quarter of 2022 compared to the same period of 2021.

Balance sheet rates:      
Rate to GBP 31-Dec-22 31-Dec-21 YoY Delta
AUD 1.769 1.858 4.8%
DKK 8.385 8.850 5.3%
EUR 1.127 1.190 5.3%
NOK 11.854 11.887 0.3%
SEK 12.540 12.199 -2.8%
USD 1.203 1.348 10.8%

 

Income statement averages for the quarter:      
Rate to GBP
Avg Q4 22 Avg Q4 21 YoY Delta
AUD 1.787 1.851 3.5%
DKK 8.552 8.772 2.5%
EUR 1.150 1.179 2.5%
NOK 11.948 11.765 -1.6%
SEK 12.578 11.946 -5.3%
USD 1.174 1.349 13.0%
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