XML 38 R29.htm IDEA: XBRL DOCUMENT v3.20.2
Currency translation rates
 3 Months Ended
Jun. 30, 2020
Foreign Exchange Rates [Line Items]  
Disclosure Of Effect Of Changes In Foreign Exchange Rates Explanatory

Note 18 Currency translation rates

The following table shows the rates of the main currencies used to translate the financial information of UBS’s operations with a functional currency other than the US dollar into US dollars.

Closing exchange rateAverage rate1
As ofFor the quarter endedYear-to-date
30.6.2031.3.2031.12.1930.6.1930.6.2031.3.2030.6.1930.6.2030.6.19
1 CHF 1.06 1.04 1.03 1.02 1.04 1.04 1.00 1.04 1.00
1 EUR 1.12 1.10 1.12 1.14 1.11 1.10 1.13 1.11 1.13
1 GBP 1.24 1.24 1.32 1.27 1.24 1.28 1.28 1.26 1.30
100 JPY 0.93 0.93 0.92 0.93 0.93 0.93 0.92 0.93 0.91
1 Monthly income statement items of operations with a functional currency other than the US dollar are translated with month-end rates into US dollars. Disclosed average rates for a quarter represent an average of three month-end rates, weighted according to the income and expense volumes of all operations of the Group with the same functional currency for each month. Weighted average rates for individual business divisions may deviate from the weighted average rates for the Group.