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, 2024 | Jun. 30, 2025 | Jan. 1 - | Jan. 1 - | |||||
CHF — Swiss franc | 0.94 | 0.93 | 0.96 | 0.94 | |||||
GBP — Great British pound | 0.83 | 0.86 | 0.85 | 0.84 | |||||
NOK — Norwegian krone* | – | 11.83 | – | 11.64 | |||||
SEK — Swedish krona | 11.46 | 11.15 | 11.39 | 11.10 | |||||
- *Currency exchange rates for the Norwegian krone shown for the first time from 2025 due to the bond issue in NOK in 2025.