Anglo American Annual Report 2008
Exchange rates and commodity prices
| 2008 | 2007 | |
|---|---|---|
| US$ exchange rates | ||
| Average prices for the year | ||
| Rand | 8.27 | 7.05 |
| Sterling | 0.54 | 0.50 |
| Euro | 0.68 | 0.73 |
| Australian dollar | 1.17 | 1.19 |
| Chilean peso | 524 | 522 |
| Closing spot prices | ||
| Rand | 9.30 | 6.84 |
| Sterling | 0.69 | 0.50 |
| Euro | 0.72 | 0.68 |
| Australian dollar | 1.44 | 1.14 |
| Chilean peso | 637 | 498 |
| 2008 | 2007 | ||
|---|---|---|---|
| Commodity prices | |||
| Average market prices for the year | |||
| Platinum(1) | US$/oz | 1,585 | 1,304 |
| Palladium(1) | US$/oz | 355 | 355 |
| Rhodium(1) | US$/oz | 6,564 | 6,200 |
| Copper(2) | US cents/lb | 315 | 323 |
| Nickel(2) | US cents/lb | 953 | 1,686 |
| Zinc(2) | US cents/lb | 85 | 147 |
| Lead(2) | US cents/lb | 95 | 118 |
| 31 December spot prices | |||
| Platinum(1) | US$/oz | 922 | 1,537 |
| Palladium(1) | US$/oz | 186 | 368 |
| Rhodium(1) | US$/oz | 1,250 | 6,850 |
| Copper(2) | US cents/lb | 132 | 303 |
| Nickel(2) | US cents/lb | 490 | 1,170 |
| Zinc(2) | US cents/lb | 51 | 104 |
| Lead(2) | US cents/lb | 43 | 115 |
| (1) Source: Johnson Matthey. | |||
| (2) Source: LME daily prices. | |||