4. Principal exchange rates

The following table summarizes the principal exchange rates that have been used for translation purposes.

 

 

Statement of income
Average exchange rates in CHF

Statement of financial position
Closing exchange rates in CHF

 

 

Jan–Sept
2016

Jan–Sept
2015

30.9.2016

31.12.2015

30.9.2015

1 Euro

EUR

1.09

1.06

1.08

1.08

1.09

1 US Dollar

USD

0.98

0.95

0.97

0.99

0.97

1 British Pound

GBP

1.36

1.46

1.26

1.47

1.47

1 Australian Dollar

AUD

0.73

0.73

0.74

0.72

0.68

100 Brazilian Real

BRL

27.80

30.11

29.70

24.99

23.65

1 Canadian Dollar

CAD

0.74

0.76

0.74

0.71

0.73

1 Chinese Renminbi

CNY

0.15

0.15

0.15

0.15

0.15

100 Algerian Dinar

DZD

0.90

0.97

0.88

0.92

0.92

1 Egyptian Pound

EGP

0.11

0.13

0.11

0.13

0.13

1,000 Indonesian Rupiah

IDR

0.07

0.07

0.07

0.07

0.07

100 Indian Rupee

INR

1.46

1.50

1.45

1.50

1.48

100 Moroccan Dirham

MAD

10.05

9.79

9.94

10.00

10.00

100 Mexican Peso

MXN

5.36

6.11

4.94

5.69

5.70

1 Malaysian Ringgit

MYR

0.24

0.25

0.23

0.23

0.22

100 Nigerian Naira

NGN

0.43

0.50

0.31

0.50

0.50

100 Philippine Peso

PHP

2.09

2.12

2.00

2.10

2.07

On June 20, 2016, Nigeria’s central bank decided to switch to a market driven currency system which led to a devaluation of the Nigerian Naira of more than 30 percent. This devaluation had no material impact on the Group financial statements.