For the January 2021, the exchange rate is based on August 2020, while for the July 2021, the exchange rate is based on February 2021. For each country, the exchange rate is the simple average of the monthly average noon spot exchange rates for the 36-month period ending four months before the date of the first sale of the drug product as per Guidelines. The international prices of a new medicines introduced during the period can be converted into Canadian currency by multiplying the price in the local currency of each country, by the corresponding exchange rate from the table below. Potential Savings on Exchanging 10,000 with KBFX vs banks. Average exchange rates for existing medicines Reporting period We’ve put together a comparison table that highlights how much you stand to save when exchanging 10,000 USD at KnightsbridgeFX instead of any other major bank in Canada. For the January to June reporting period, the exchange rate is based on June 2021, while for the July to December reporting period, the exchange rate is based on December 2021. For each country, the exchange rate is the simple average of the monthly average noon spot exchange rates for the 36-month period ending in the last month of the reporting period under review. The international prices of an existing medicines for the period can be converted into Canadian currency by multiplying the price in the local currency of each country, by the corresponding exchange rate from the table below. Tuesday JMonday JEconomic Analysis Our Economics and Strategy group has prepared various analyses to help you learn more about the basics of the economy and financial markets. 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). Similar to an insurance policy, this hedging instrument lets you exchange currency on a fixed date, at an exchange rate set in advance (exercise price).
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |