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| Date | Value |
|---|---|
| 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 |