The Q3 2018 currency hit by North American companies was the lowest since 2018.

NEW YORK – The negative effect of currency fluctuations on North American businesses' third quarter 2021 results fell from quarter before and was at its lowest level since 2018 data from Kyriba, a financial management and treasury firm.

The Q3 2018 currency hit by North American companies was the lowest since 2018.

Kyriba reported that the collective impact of the exchange rate on all companies from the United States, Canada, and Mexico was $929 million in Q3 2013. This compares with a negative effect of $2.32 billion in the second quarter 2021.

According to Kyriba data, the hit in the third quarter had the lowest impact since the first quarter 2018.

Both European and North American companies reported a combined negative impact of $2.13 billion in their third quarter 2021. This is also lower than the negative impact of the second quarter 2021.

S&P 500 (.SPX) Companies have reported recent results for the fourth quarter 2021.

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