What is the source of the foreign exchange rates used to convert prices in the Dashboard and Excel Add-in?
The Dashboard uses spot foreign exchange (FX) rates provided by third-party data provider that takes indicative rates from a wide range of FX venues, for current and historical currency conversion.
Daily rates on current pricing are provided by NetDania and update intraday (for conversion of published assessments and average prices) on a 30 minute basis until 23:00 UTC using the FX Bid price.
Historical published assessment prices are converted using the end of day conversion FX rate for the day the price was originally assessed.
Historical Fastmarkets published averages are converted using the end of day conversion FX rate for the day the average is published – for example, weekly average periods for assessments is Saturday to Friday.
Please note this FX rate is NOT averaged but is a snapshot taken at 23:00 UTC for the corresponding assessment date.