August 11, 2020

IATA Rate of Exchange

11-8-2020

What is IATA Rate of Exchange

ROE

The IATA ROE provides the currency ROE used by the airline industry for fare/rate construction.

They're built on the average of the five banking days, ending on the 10th of every month.

The data can be used for the combination and construction of local currency fares.

The IATA exchange rates are 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 rates are provided by IATA every month.

IATA Airline Designator Codes

AI = Air India

AC = Air Canada

AZ = Al Italia

AA = American Airlines

BA = British Airlines

CX = Cathe Pacific

DL = Delta Airlines

EK = Emirates

EY = Etihad Airlines

GA = Garuda Airlines

IX = Air India Express

WY = Oman Airways

UL = Srilankan Airways

RJ = Royal Jordanian

PK =Pakistan Airlines

SQ = Singapore Airlines

T9 = Air Arabia

9W = Jet Airways

S6 = Spice Jet