2 Currency Translation
The exchange rates of the currencies relevant to the Vonovia Group have developed as follows:
Development of exchange rates of the currencies relevant to the Vonovia Group
Closing rate | Average for period | ||||||||
Basis: € 1 | Dec. 31, 2022 | June 30, 2023 | Jan. 1–June 30, 2022 | Jan. 1–June 30, 2023 | |||||
SEK — Swedish krona | 11.12 | 11.81 | 10.48 | 11.33 | |||||
USD — US dollar | 1.07 | 1.09 | 1.09 | 1.08 | |||||