The average exchange rates in the following table reflect the PMPRB methodology.Į.g.: A new drug product first sold in December 2020, the exchange rates used are December 2020 since the following table includes four months before the date of the first sale of the drug product as per Guidelines. Government may monitor, record, and audit all activity on this system. The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending four months before the date of the first sale of the drug product. Exchange rates AUD - Australian dollar, 1.6498, Red Arrow BRL - Brazilian real, 5.186, Red Arrow CAD - Canadian dollar, 1.4409, Red Arrow CNY - Chinese yuan. The information provided on this website is collected, disseminated and protected under provisions of the Bank Secrecy Act (BSA) and other applicable Federal regulations. The USD to CAD forecast at the end of the month 1.419, change for November 2.5. In the beginning rate at 1.385 Canadian Dollars. dollar at spot market rates and rounded to six significant digits. Worst exchange rate of December 2021: 0.3111, Best exchange rate of December 2021: 0.316, Average exchange rate in December 2021: 0.3136. The rates are derived from the currencys representative exchange rate, as reported by the central bank, normally against the U.S. 36 Month Average Exchange Rates Ending December 2020 Period The USD to CAD forecast at the end of the month 1.385, change for October 0.8. These rates are the official rates used by the Fund to conduct operations with member countries. The international prices of an existing drug product for the period January to December 2020 can be converted to Canadian currency for comparison purposes by multiplying the local currency price in each country by the corresponding simple average exchange rate. Please be informed that since the 1 st of November 2016 the Colombian exchange rate published by the Central Bank of Colombia (Banco de la República) is taken by one of its systems directly from the Colombian Financial Superintendence Web service which exclusively provides the Market Exchange Rate certified by them. ![]() ![]() The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending December 2020 will be used in the review of prices for existing medicines in the second half of 2020. 2021 2020 2019 2018 2017 2016 2015 2014 USD to CAD History for Last 6 Months Date. dollar amount by the applicable yearly average exchange rate in the table below. ![]() The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in Schedules 6 and 7 of the Compendium of Policies, Guidelines and Procedures, which came into effect on Janu(previously under Schedule 3 of the Compendium of Guidelines, Policies and Procedures). dollars to foreign currency, multiply the U.S.
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