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, 2025 | Jun. 30, 2026 | Jan. 1 - Jun. 30, 2025 | Jan. 1 - Jun. 30, 2026 | |||||
AUD — Australian dollar* | 1.76 | 1.65 | – | 1.66 | |||||
CHF — Swiss franc | 0.93 | 0.92 | 0.94 | 0.92 | |||||
GBP — Great British pound | 0.87 | 0.86 | 0.84 | 0.87 | |||||
JPY — Japanese yen** | – | 185.08 | – | 184.60 | |||||
NOK — Norwegian krone | 11.84 | 11.31 | 11.64 | 11.17 | |||||
SEK — Swedish krona | 10.82 | 11.09 | 11.10 | 10.79 | |||||
- *Currency exchange rates for the Australian dollar shown for the first time from 2025 due to the bond issue in AUD in 2025.
- **Currency exchange rates for the Japanese yen shown for the first time from 2026 due to the bond issue in JPY in 2026.