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Exchange rates for the first quarter of 2021

UPDATED WED, 07 APR, 2021 12:30 CET

Exchange rates for the first quarter of 2021

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 impact of GBP against the Kindred Group’s main currencies was a positive impact on Gross winnings revenue of approximately 2 per cent in the first quarter of 2021 compared to the same period of 2020.

Balance sheet rates:      
Rate to GBP  31-mars-21 31-mars-20 YoY Delta
AUD 1,809 2,027 10,8%
DKK 8,728 8,424 -3,6%
EUR 1,174 1,128 -4,1%
NOK 11,731 12,985 9,7%
SEK 12,016 12,478 3,7%
USD 1,376 1,236 -11,3%

 

Income statement averages for the quarter:      
Rate to GBP  Avg Q1 21 Avg Q1 20 YoY Delta
AUD 1,785 1,945 8,2%
DKK 8,509 8,675 1,9%
EUR 1,144 1,161 1,5%
NOK 11,738 12,117 3,1%
SEK 11,577 12,377 6,5%
USD 1,379 1,281 -7,7%
 

 

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