6
| 1Q10 | BBVA Group highlights | Group information | Risk and economic capital management | Business areas | Corporate responsibility |
In terms of average exchange rates in the first
quarter, there were year-on-year appreciations of
6.1% the Mexican peso, 16.6% in the Colombian
peso, 10.3% in the Chilean peso and 5.3% in the
new Peruvian sol. The Argentine peso and the U.S.
dollar depreciated by 12.5% and 5.8%, respectively.
Exchange rates
(Expressed in currency/euro)
Mexican peso
U.S. dollar
Argentinean peso
Chilean peso
Colombian peso
Peruvian new sol
Venezuelan bolivar fuerte
Relevant events
Earnings
Business activity
Capital base
The BBVA share
It is also worth highlighting the devaluation already
mentioned in the Venezuelan currency, which in
average exchange rates was 50.4%. In all, the effect
of the exchange rate on the year-on-year comparison
of the Group’s income statements is practically
neutral.
Year-end exchange rates Average exchange rates
Δ% on
Δ% on
Δ% on
31-03-10 1Q10
31-03-09
31-12-09
1Q09
16.6572 12.6 13.6 17.6554 6.1
1.3479 (1.3) 6.9 1.3829 (5.8)
5.2400 (3.6) 6.1 5.3896 (12.5)
709.22 9.2 3.0 717.36 10.3
2,597.40 31.4 13.2 2,688.17 16.6
3.8267 9.9 8.8 3.9417 5.3
5.7887 (50.6) (46.6) 5.6450 (50.4)
To view a Ceros magazine you need to have JavaScript enabled in your browser and have the flash player 8 or higher installed. To install the latest flash player, click the icon above, install the flash plugin and then click here to refresh this page.