Currency Conversion Rates

Fares in any tariff manual are published in Neutral Unit of Construction (NUC) and local currencies of countries of commencement of travel (origin), using the IATA three currency codes.

Sometimes ago and before fluctuation of different international currencies, fares were published in US Dollar and local currencies. IATA found it to stick to the US Dollar due to its instability. It came out with units which are to be used for the construction of fares, so called Fare Construction Unit (FCU).

In 1987, IATA decided to get rid of the (FCU) system due to the complications that were found in its application. That unit was finally replaced by the  Neutral Unit of Construction (NUC) which first applied on 1st July 1989.








However the   Neutral Unit of Construction (NUC) cannot be considered as a currency and cannot be quoted to passengers unless it is converted to local currency IATA Rate Of  Exchange (ROE) as follows:

 

Construction Fare in NUC X ROE = Local Currency Fare