XX --------- XX
 
 
  RATE OF EXCHANGE (ROE)
 
Conversion factor of the country of commencement of travel is known as Rate Of Exchange. ROE is established by the IATA Clearing House on 15th of each month at a five day average. ROE changes four times a year and it can be used in two ways: to convert the NUC into Local Currency, use multiplication and to convert the Local Currency Fare (LCF) into NUC, use division.
 
     
     
             
             
             
             
             
     
     
 
  TRAVEL TERMINOLOGY
 
 
  ALPHABETICAL WISE