Nokia (NOK) Exchange Rate Effect (2009 - 2024)

Nokia (NOK) posted quarterly Exchange Rate Effect of -$47.8 million for Q2 2024, up 43.24% on a QoQ basis from -$84.2 million in Q1 2024.

Nokia (NOK) Exchange Rate Effect (2009 - 2024) Analysis & Trends

Nokia (NOK) has reported Exchange Rate Effect for 14 consecutive years, with -$47.8 million the latest figure, recorded in Q2 2024.

  • Quarterly Exchange Rate Effect changed N/A year-over-year to -$47.8 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $39.8 million (changed N/A YoY) and the FY2025 annual result came in at -$257.2 million, down 1512.5% from the prior year.
  • Exchange Rate Effect rose to -$47.8 million in Q2 2024 per NOK's latest filing, from -$84.2 million in the prior quarter.
  • Over the last five years, Exchange Rate Effect for NOK reached as high as $100.1 million in Q3 2021 and fell as low as -$165.0 million in Q3 2020.
  • A 3-year average of -$19.8 million and a median of -$30.2 million in 2020 frame the typical range for Exchange Rate Effect.
  • Annual changes were most pronounced in 2020 — Exchange Rate Effect slumped 471.79% — and 2021, when it surged 672.73%.
  • Year by year, Exchange Rate Effect stood at -$89.9 million in 2020, then surged by 211.39% to $100.1 million in 2021, then sank by 147.73% to -$47.8 million in 2024.
  • According to Business Quant data, Exchange Rate Effect over the past three periods registered -$47.8 million, -$84.2 million, and $100.1 million for Q2 2024, Q1 2024, and Q3 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Exchange Rate Effect (Qtr)
1 Cisco Systems 446.66 Bn 430.02 Bn 10.08 Bn -24.00 Mn
2 Motorola Solutions 70.01 Bn 69.12 Bn 1.36 Bn -22.00 Mn
3 Hewlett Packard Enterprise 62.28 Bn 57.44 Bn 9.10 Bn 33.00 Mn
4 Ciena 51.75 Bn 50.45 Bn 625.52 Mn 2.25 Mn
5 Lumentum Holdings 50.16 Bn 46.99 Bn 357.00 Mn -
6 Nokia 48.47 Bn 41.16 Bn 9.86 Bn -
7 Ubiquiti 31.83 Bn 31.46 Bn 370.71 Mn -
8 Ericsson Lm Telephone 31.68 Bn 26.00 Bn 2.53 Bn 39.99 Mn
9 AST SpaceMobile 16.48 Bn 16.48 Bn 3.67 Mn 891,000.00
10 Zebra Technologies 12.92 Bn 12.80 Bn 742.00 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2024 -47.79 Mn
Jun 30, 2024 -47.79 Mn
Mar 31, 2024 -84.21 Mn
Mar 31, 2024 -84.21 Mn
Sep 30, 2021 100.14 Mn
Sep 30, 2021 100.14 Mn
Mar 31, 2021 71.69 Mn
Mar 31, 2021 71.69 Mn
Dec 31, 2020 -89.90 Mn
Dec 31, 2020 -89.90 Mn
Sep 30, 2020 -165.00 Mn
Sep 30, 2020 -165.00 Mn
Jun 30, 2020 69.42 Mn
Jun 30, 2020 69.42 Mn
Mar 31, 2020 -12.52 Mn
Mar 31, 2020 -12.52 Mn
Dec 31, 2019 125.17 Mn
Dec 31, 2019 125.17 Mn
Sep 30, 2019 44.38 Mn
Sep 30, 2019 44.38 Mn