IATA Exchange Rates
The IATA Exchange Rates are reports used to perform interline invoicing and settlement between airlines.
These are world currencies published and monitored against three base currencies (EURO, GBP and USD).
These Reports are prepared specifically for the Commercial and Revenue Accounting departments of airlines, for the Global Distribution Systems (GDSs) and for interested System Providers. Includes the Call Day Rates (CDR), the Five Day Rates (FDR) and the Monthly Mean Rates (MMR).
The IATA EURO Exchange Rates are derived and published every Tuesday. These rates are the exchange rates for the EURO against non-EMU currencies and are to be used in the euro zone for the purpose of processing tickets, taxes, charges and refunds.