ITCS Exchange rates
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OECD statistics contact: STAT.Contact@oecd.org

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Conversion factors used are provided by the UNSD.

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Exchange rates are expressed in USD per National Currency Unit in the ITCS datasets. To convert trade data from US dollars into National Currency, trade data in US dollars should be divided by this exchange rate.

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National currency per US dollar
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ITCS Exchange ratesContact person/organisation

OECD statistics contact: STAT.Contact@oecd.org

Data source(s) used

Conversion factors used are provided by the UNSD.

UNSDhttp://stats.oecd.org/glossary/detail.asp?id=5502IMFhttp://stats.oecd.org/glossary/detail.asp?id=1287
Unit of measure usedNational currency per US dollarOther data characteristics

Exchange rates are expressed in USD per National Currency Unit in the ITCS datasets. To convert trade data from US dollars into National Currency, trade data in US dollars should be divided by this exchange rate.

Key statistical concept

Conversion Factors based on Annual Exchange Rates:
Numbers that are presented in this dataset are those used by the OECD to convert national data:

For countries sending data in national currency, the factor used to convert data is an annual exchange rate, built on an average of IMF monthly exchange rates weighted by the monthly trade value of imports and exports. Therefore exchange rates can differ between members of the Eurozone.

For countries sending data in USD, the conversion factor is 1. They must be used as an indication and not as an exchange rates. The annual rates are also available (by clicking on the red i) but are not calculated using a trade weight.
European Union Currency:
The national exchange rates for the euro area countries have been converted into Euro. The option chosen by OECD is to convert exchange rates for periods prior ton entry into European Monetary Union. It means:

Prior to 1999 for Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherland, Portugal, Spain

Prior to 2001 for Greece

Prior to 2007 for Slovenia

Prior to 2009 for Slovakia

Prior to 2011 for Estonia.

Exchange rateshttp://stats.oecd.org/glossary/detail.asp?id=877Please read The Statistics Brief Number 2 February 2002 for information concerning cross country comparisons.http://www.oecd.org/dataoecd/19/3/1844573.pdf