Download as xls, pdf, or txt
Download as xls, pdf, or txt
You are on page 1of 3

MONTHLY OPERATING RATES

March 2014

Foreign currency transactions are remeasured into the functional currency using the monthly operating
rate effective at the time of transaction. The monthly income statement of components with functional
currency other than the U.S. dollar are also translated into the U.S.dollar using the monthly operating
rate. The monthly operating rate should be obtained from the GE Treasury Homepage (/Foreign
Exchange /"Monthly" Operating Rates) - the use of exchange rates from other sources for this purpose
is unacceptable .The new methodology takes the spot exchange rate and the 30 day forward exchange
rate for each currency and calculates a 2 data point average. That average will become the MOR. This
new methodology replaces the old method which took a lagging 30 day average that was published
much earlier in the preceding month. The primary benefit of the new methodology is that the businesses
will be using a more current or "fresh" MOR than in the past, but still afford GE components with
sufficient time to download the exchange rate information into their systems for the following month's
transactions.

USD PER CURRENCY


Country CURRENCY CODE CURRENCY PER USD

Afganistan Afghani AFN 0.0178158 56.1300000 M


Albania Lek ALL 0.0097795 102.2548909 M
Algeria Dinar DZD 0.0128574 77.7761100 M
Andorran Peseta ADP 0.0082440 121.2998253 M
Angola New Kwanza AOA 0.0102574 97.4908167 M
Argentina Peso ARS 0.1271092 7.8672500 M
Armenian Dram AMD 0.0024244 412.4659488 M added in February 2011
Aruba Guilder AWG 0.5617978 1.7800000 M
Australia Dollar AUD 0.8960545 1.1160035 M
Austria Schilling ATS 0.0996847 10.0316252 13.7603 M
Azerbaijan Manat AZM 0.0002551 3,919.3245000 M
Azerbaijan Manat (New) AZN 1.2757300 0.7838649 M
Bahamas Dollar BSD 1.0000000 1.0000000 M
Bahrain Dinar BHD 2.6523616 0.3770225 M
Bangladesh Taka BDT 0.0128485 77.8303018 M
Barbados Dollar BBD 0.5102041 1.9600000 M
Belarus Ruble BYR 0.0001018 9,825.7756873 M
Belgium Franc BEF 0.0340034 29.4088615 40.3399 M
Belize Dollar BZD 0.5076142 1.9700000 M
Benin Franc XOF 0.0020912 478.2050198 M
Bermuda Dollar BMD 1.0000000 1.0000000 M
Bhutan Ngultrum BTN 0.0160263 62.3975000 M
Bolivia Boliviano BOB 0.1456424 6.8661343 M
Bosnia Herzegovina Marka BAM 0.7127482 1.4030200 M
Botswana Pula BWP 0.1104818 9.0512646 M
Brazil Real BRL 0.4188515 2.3874810 M
Brunei Dollar BND 0.7905154 1.2649975 M
Bulgaria Lev BGN 0.7014693 1.4255791 M
Burma / Myanmar Kyat MMK 0.0010182 982.0856723 M
Burundi Franc BIF 0.0006458 1,548.4301896 M
Cambodia Riel KHR 0.0002510 3,984.0807690 M
Canada Dollar CAD 0.9016637 1.1090610 M
Cape Verde Escudo CVE 0.0126087 79.3100857 M
Cayman Islands Dollar KYD 1.2195122 0.8200000 M
Central African Republic, Togo Franc XAF 0.0020912 478.2050198 M
Chile Peso CLP 0.0018006 555.3575000 M
China Offshore Renminbi CNH 0.1646459 6.0736388 M currency added May 2013
China Renminbi CNY 0.1643872 6.0832000 M
Colombia Peso COP 0.0004865 2,055.3200000 M
Comoro Franc KMF 0.0027933 358.0000000 M added in February 2011
Costa Rica Colon CRC 0.0019869 503.3076475 M
Croatia Kuna HRK 0.1789479 5.5882195 M
Cuba Peso CUP 1.0000000 1.0000000 M
Cyprus Pound CYP 2.3436751 0.4266803 0.585274 M
Czech Republic Koruna CZK 0.0501375 19.9451325 M
Democratic Republic of Congo (Zaire) Franc CDF 0.0010993 909.6917004 M
Denmark Krone DKK 0.1839141 5.4373220 M
Djibouti Franc DJF 0.0056980 175.5000000 M
Dominican Republic Peso DOP 0.0232485 43.0136110 M
East Carribean Dollar XCD 0.3802281 2.6300000 M
Ecuador US Dollar USD 1.0000000 1.0000000 M
Egypt Pound EGP 0.1431670 6.9848500 M
El Salvador US Dollar USD 1.0000000 1.0000000 M Changed the the USD
Eritrea Nakfa ERN 0.0675078 14.8131000 M
Estonia Kroon EEK 0.0876671 11.4067881 15.6466 M
Ethiopia Birr ETB 0.0520142 19.2255320 M
Euroland Euro EUR 1.3716920 0.7290266 M
Falkland Island Pound FKP 1.6684000 0.5993766 M added in February 2011
Fiji Dollar FJD 0.6067772 1.6480514 M
Finland Markka FIM 0.2307020 4.3345955 5.94573 M
France Franc FRF 0.2091131 4.7821012 6.55957 M
Gambia Dalasi GMD 0.0264591 37.7941899 M
Georgia Lari GEL 0.5775911 1.7313285 M
Germany Deutsche Mark DEM 0.7013350 1.4258522 1.95583 M
Ghana Cedi GHS 0.3975906 2.5151502 M
Gibraltar Pound GIP 1.6687280 0.5992588 M
Greece Drachma GRD 0.0040255 248.4158251 340.75 M
Guatemala Quetzal GTQ 0.1286552 7.7727138 M
Guinea Franc GNF 0.0001465 6,825.4209003 M
Guyana Dollar GYD 0.0049191 203.2884566 M
Haiti Gourde HTG 0.0257031 38.9057775 M
USD PER CURRENCY
Country CURRENCY CODE CURRENCY PER USD
Honduras Lempira HNL 0.0506650 19.7374962 M
Hong Kong Dollar HKD 0.1289528 7.7547750 M
Hungary Forint HUF 0.0043780 228.4125250 M
Iceland New Krone ISK 0.0062500 160.0000000 M
India Rupee INR 0.0160263 62.3975000 M
Indonesia Rupiah IDR 0.0000845 11,831.1570113 M
Iran Rial IRR 0.0000402 24,875.0000000 M
Iraq Dinar IQD 0.0008606 1,162.0000000 M
Ireland Punt IEP 1.7416897 0.5741551 0.787564 M
Israel Shekel ILS 0.2847542 3.5118003 M
Italy Lira ITL 0.0007084 1,411.5923983 1936.27 M
Jamaica Dollar JMD 0.0092891 107.6524799 M
Japan Yen JPY 0.0097787 102.2629250 M
Jordan Dinar JOD 1.4127287 0.7078500 M
Kazakstan Tenge KZT 0.0053606 186.5480000 M
Kenya Shilling KES 0.0115976 86.2248035 M
Korea (South) Won KRW 0.0009321 1,072.9000000 M
Kuwait Dinar KWD 3.5485556 0.2818048 M
Kyrgyzstan Som KGS 0.0192493 51.9500000 M added in February 2011
Laos Kip LAK 0.0001249 8,009.2651458 M
Latvia Lat LVL 1.9517420 0.5123628 0.702804 M
Lebanon Pound LBP 0.0006642 1,505.4747228 M
Lesotho Loti LSL 0.0907503 11.0192450 M
Liberia Dollar LRD 0.0126373 79.1310206 M
Libya Dinar LYD 0.8085431 1.2367924 M
Lithuania Lita LTL 0.3972695 2.5171832 M
Luxembourg Franc LUF 0.0340034 29.4088615 40.3399 M
Macao Pataca MOP 0.1251969 7.9874183 M
Macedonia Dinar MKD 0.0222107 45.0232973 M
Madagascar MG Franc MGF 0.0000854 11,704.4734820 M
Madagascar Aria MGA 0.0004272 2,340.8946964 M
Malawi Kwacha MWK 0.0024077 415.3352315 M
Malaysia Ringgit MYR 0.3021878 3.3092000 M
Maldives Rufiyaa MVR 0.0650570 15.3711394 M
Malta Lira MTL 3.1951832 0.3129711 0.4293 M
Mauritania Ouguiya MRO 0.0034602 289.0032000 M
Mauritius Maur Rupee MUR 0.0333450 29.9894750 M
Mexico Peso MXN 0.0750821 13.3187500 M
Moldova Leu MDL 0.0742051 13.4761600 M added in February 2011
Mongolia Tugrik MNT 0.0005723 1,747.3750000 M
Morocco Dirham MAD 0.1226129 8.1557500 M
Mozambique Metical MZN 0.0312039 32.0472733 M
Namibia Dollar NAD 0.0904466 11.0562523 M
Nepal Rupee NPR 0.0100750 99.2554942 M
Netherlands Guilder NLG 0.6224467 1.6065633 2.2037100 M
Netherlands Antillies N.A. Guilder ANG 0.5665722 1.7650000 M
New Zealand Dollar NZD 0.8278725 1.2079155 M
Nicaragua Gold Cordoba NIO 0.0391945 25.5137893 M
Nigeria (market) Naira NGN 0.0060069 166.4750000 M
North Korea Won KPW 0.0076923 130.0000000 M
Norway Krone NOK 0.1637931 6.1052635 M
Oceanic, Pacific and New Caledonia Franc XPF 0.0114948 86.9959874 M
Oman Rial OMR 2.5975375 0.3849800 M
Pakistan Rupee PKR 0.0095134 105.1150000 M
Panama Balboa PAB 1.0000000 1.0000000 M
Papua New Guinea Kina PGK 0.3639736 2.7474520 M
Paraguay Guarani PYG 0.0002242 4,459.6663301 M
Peru New Sol PEN 0.3555556 2.8125000 M
Philippines Peso PHP 0.0223333 44.7762500 M
Poland Zloty PLN 0.3283650 3.0453913 M
Portugal Escudo PTE 0.0068420 146.1567174 200.4820 M
Qatar Riyal QAR 0.2746316 3.6412410 M
Romania Leu ROL 0.0000303 32,951.2990000 M
Romania (New) Leu RON 0.3034782 3.2951299 M
Russia Rouble-Russian RUB 0.0278617 35.8915000 M
Rwanda Franc RWF 0.0014776 676.7557746 M
Saint Helena Pound SHP 0.5996282 1.6677000 M added in February 2011
Sao Tome & Principe Dobra STD 0.0000574 17,407.8347431 M
Saudi Arabia Riyal SAR 0.2666436 3.7503248 M
Senegal Franc XOF 0.0020912 478.2050198 M new country added April 2013 MOR
Serbia/Yugoslavia Dinar RSD 0.0118214 84.5920500 M
Seychelles Rupee SCR 0.0831942 12.0200693 M
Sierra Leone Leone SLL 0.0002324 4,302.9097845 M
Singapore Dollar SGD 0.7905154 1.2649975 M
Slovakia Koruna SKK 0.0455318 21.9626563 30.1260000 M
Slovenia Tolar SIT 0.0057240 174.7039423 239.6400000 M
Solomon Islands Dollar SBD 0.1356971 7.3693518 M
Somali Republic Schilling SOS 0.0009643 1,037.0000000 M
South Africa Rand ZAR 0.0907503 11.0192450 M
Spain Peseta ESP 0.0082440 121.2998253 166.3860 M
Sri Lanka Rupee LKR 0.0076241 131.1625000 M
South Sudan Pound SSP 0.3333333 3.0000000 M added April 2013 MOR
Sudan Pound SDG 0.1760563 5.6800000 M added in February 2011
Sudan Dinar SDD 0.0017606 568.0000000 M
Sudan Rep (10 Pound = 1 Dinar) Pound SDP 0.0001761 5,680.0000000 M
Surinam Dollar SRD 0.3068209 3.2592307 M
Swaziland Lilangeni SZL 0.0907503 11.0192450 M
Sweden Krona SEK 0.1531978 6.5275068 M
Switzerland Franc CHF 1.1240976 0.8896025 M
Syria Pound SYP 0.0069525 143.8330894 M
Taiwan Dollar TWD 0.0329998 30.3032500 M
Tajikistan Somoni TJS 0.2098460 4.7654000 M added in February 2011
USD PER CURRENCY
Country CURRENCY CODE CURRENCY PER USD
Tanzania Schilling TZS 0.0006145 1,627.2550000 M
Thailand Baht THB 0.0306790 32.5956250 M
Tonga Pa'anga TOP 0.5356412 1.8669213 M
Trinidad And Tobago Dollar TTD 0.1566527 6.3835468 M
Tunisia Dinar TND 0.6302185 1.5867513 M
Turkey Lira TRL 0.0000005 2,209,234.0000000 M
Turkey New Turkish Lira TRY 0.4526456 2.2092340 M
Turkmenistan New Manat TMT 0.3514938 2.8450000 M
Uganda Schilling UGX 0.0004070 2,457.2500000 M
Ukraine Hryvnia UAH 0.1086957 9.2000000 M
United Arab Emirates Dirham AED 0.2722826 3.6726550 M
United Kingdom Pound GBP 1.6687280 0.5992588 M
Uruguay Peso UYU 0.0443656 22.5400000 M
Uzbekistan Sum UZS 0.0004505 2,220.0000000 M
Vanuatu Vatu VUV 0.0105205 95.0528130 M
Venezuela Bolivar Fuerte VEF 0.1587302 6.3000000 M
Vietnam Dong VND 0.0000472 21,205.0000000 M
Western Samoa Tala WST 0.4195291 2.3836249 M
Yemen Rial YER 0.0046544 214.8500000 M
Zambia Kwacha ZMW 0.1923779 5.1981028 M Added beginning Jan 2013 MOR
Zambia Kwacha ZMK 0.0001924 5,198.1027945 M
Zimbabwe US Dollar USD 1.0000000 1.0000000 M changed to USD in Nov 2011 due to hyper-inflation

Denotes Onshore Rates

Calculated Cross-Rates
Austria/Euro ATS/Euro 0.072673 13.7603000
Belgium/Euro BEF/Euro 0.024789 40.3399000
Finland/Euro FIM/Euro 0.168188 5.9457300
France/Euro FRF/Euro 0.152449 6.5595700
Germany/Euro DEM/Euro 0.511292 1.9558300
Greece/Euro GRD/Euro 0.002935 340.7500000
Ireland/Euro IEP/Euro 1.269738 0.7875640
Italy/Euro ITL/Euro 0.000516 1936.2700000
Luxembourg/Euro LUF/Euro 0.024789 40.3399000
Netherlands/Euro NLG/Euro 0.453780 2.2037100
Portugal/Euro PTE/Euro 0.004988 200.4820000
Spain/Euro ESP/Euro 0.006010 166.3860000
Slovenia/Euro SIT/Euro 0.004173 239.6400000
Cyprus/Euro CYP/Euro 1.708601 0.5852740
Malta/Euro MTL/Euro 2.329373 0.4293000
Slovak/Euro SKK/EUR 0.033194 30.1260000
Estonia/Euro EEK/EUR 0.063912 15.6466000

OTHER RATES CODE Rate


Chile - CU Formento CLF-CLP rate CLF 23495.0400000
China - CNY PBOC Fixing Rate CNY=SAEC 6.1146000

You might also like