Analysis of information sources in references of the Wikipedia article "Neutral unit of construction" in English language version.
IATA Rate of Exchange means the rate of exchange posted by IATA monthly to convert local currency fares to a Neutral Unit of Construction(NUC) and to convert total NUC amounts to the currency of the country of commencement of transportation. [...] Neutral Unit of Construction (NUC) means the unit value equivalent of local currency fares, add-ons, and related charges, derived by converting the same using the IATA rate of exchange. [...] Rate of Exchange (ROE) is the rate based on the IATA Clearing House Rate which will be revised at least four times yearly and is to be used for conversion of local currency fares to NUC's [sic] and vise [sic] versa.
Neutral Unit of Construction (NUC) The basis of air fare calculations established by the International Air Transport Association (IATA), replaced the Fare Construction Unit (FCU) on 1 July 1989. In the new system individual amounts in local currencies are converted to NUC by the use of NUC conversion factors, and the total NUC amount is converted back to the local currency of sale. The conversion factors are normally adjusted four times a year.
The airline can define as many currencies as required. The conversion rates can be based on the IATA NUC or standard bank rates.
NUC is the basic fare unit. It is the abbreviation for neutral unit of construction. It is a nominal currency equivalent in value to currency of the COC, an industry-wide term that carriers and governments use for fare construction purposes and air fare calculations.
The airline can define as many currencies as required. The conversion rates can be based on the IATA NUC or standard bank rates.
IATA Rate of Exchange means the rate of exchange posted by IATA monthly to convert local currency fares to a Neutral Unit of Construction(NUC) and to convert total NUC amounts to the currency of the country of commencement of transportation. [...] Neutral Unit of Construction (NUC) means the unit value equivalent of local currency fares, add-ons, and related charges, derived by converting the same using the IATA rate of exchange. [...] Rate of Exchange (ROE) is the rate based on the IATA Clearing House Rate which will be revised at least four times yearly and is to be used for conversion of local currency fares to NUC's [sic] and vise [sic] versa.
