Return to Exchange Rates
Table of Contents
- January 2015
- February 2015
- March 2015
- April 2015
- May 2015
- June 2015
- July 2015
- August 2015
- September 2015
- October 2015
- November 2015
- December 2015
January 2015
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in Schedules 6 and 7 of the Compendium of Policies, Guidelines and Procedures, which came into effect on January 1, 2010 (previously under Schedule 3 of the Compendium of Guidelines, Policies and Procedures).
Existing Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending December 2014 will be used in the review of prices for existing medicines in the second half of 2014.
The international prices of an existing drug product for the period January to December 2014 can be converted to Canadian currency for comparison purposes by multiplying the local currency price in each country by the corresponding simple average exchange rate.
36 Month Average Exchange Rates Ending December 2014
Period
Ending |
France
(Euro) |
Germany
(Euro) |
Italy
(Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2014 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
New Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending four months before the date of the first sale of the drug product. The average exchange rates in the following table reflect the PMPRB methodology.
e.g.: A new drug product first sold in December 2013, the exchange rates used are December 2013 since the following table includes four months before the date of the first sale of the drug product as per Guidelines.
Average Exchange Rates for New Drug Products Introduced Between December 2013 and June 2015
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2013 |
1.33688611 |
1.33688611 |
1.33688611 |
0.15092778 |
1.08269444 |
1.58522778 |
1.00315000 |
January 2014 |
1.33810833 |
1.33810833 |
1.33810833 |
0.15139722 |
1.08606944 |
1.58481667 |
1.00313611 |
February 2014 |
1.33889722 |
1.33889722 |
1.33889722 |
0.15174722 |
1.08850278 |
1.58570833 |
1.00316667 |
March 2014 |
1.33887500 |
1.33887500 |
1.33887500 |
0.15200556 |
1.09121111 |
1.58718611 |
1.00367778 |
April 2014 |
1.33983889 |
1.33983889 |
1.33983889 |
0.15230833 |
1.09459444 |
1.58927222 |
1.00468889 |
May 2014 |
1.34331111 |
1.34331111 |
1.34331111 |
0.15274444 |
1.09876389 |
1.59399167 |
1.00625000 |
June 2014 |
1.34778889 |
1.34778889 |
1.34778889 |
0.15328889 |
1.10356667 |
1.60041944 |
1.00903889 |
July 2014 |
1.35229167 |
1.35229167 |
1.35229167 |
0.15375278 |
1.10903889 |
1.60701944 |
1.01231389 |
August 2014 |
1.35692222 |
1.35692222 |
1.35692222 |
0.15429167 |
1.11454444 |
1.61447222 |
1.01603889 |
September 2014 |
1.36061111 |
1.36061111 |
1.36061111 |
0.15466667 |
1.11947222 |
1.62202222 |
1.01995278 |
October 2014 |
1.36360556 |
1.36360556 |
1.36360556 |
0.15496389 |
1.12272222 |
1.62903333 |
1.02332500 |
November 2014 |
1.36543056 |
1.36543056 |
1.36543056 |
0.15517500 |
1.12400833 |
1.63589444 |
1.02627778 |
December 2014 |
1.36791111 |
1.36791111 |
1.36791111 |
0.15539444 |
1.12491389 |
1.64392778 |
1.02957222 |
January 2015 |
1.36916667 |
1.36916667 |
1.33619167 |
0.15552778 |
1.12324167 |
1.64993333 |
1.03262500 |
February 2015 |
1.37031667 |
1.37031667 |
1.37031667 |
0.15562778 |
1.12409444 |
1.65584722 |
1.03536389 |
March 2015 |
1.37091111 |
1.37091111 |
1.37091111 |
0.15565833 |
1.12516111 |
1.66125278 |
1.03818333 |
April 2015 |
1.37155556 |
1.37155556 |
1.37155556 |
0.15567778 |
1.12642500 |
1.66586944 |
1.04115000 |
May 2015 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
June 2015 |
1.37640278 |
1.37640278 |
1.37640278 |
0.15577222 |
1.13476389 |
1.67895278 |
1.05025278 |
February 2015
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in Schedules 6 and 7 of the Compendium of Policies, Guidelines and Procedures, which came into effect on January 1, 2010 (previously under Schedule 3 of the Compendium of Guidelines, Policies and Procedures).
Existing Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending December 2014 will be used in the review of prices for existing medicines in the second half of 2014.
The international prices of an existing drug product for the period January to December 2014 can be converted to Canadian currency for comparison purposes by multiplying the local currency price in each country by the corresponding simple average exchange rate.
36 Month Average Exchange Rates Ending December 2014
Period
Ending |
France
(Euro) |
Germany
(Euro) |
Italy
(Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2014 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
New Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending four months before the date of the first sale of the drug product. The average exchange rates in the following table reflect the PMPRB methodology.
e.g.: A new drug product first sold in December 2013, the exchange rates used are December 2013 since the following table includes four months before the date of the first sale of the drug product as per Guidelines.
Average Exchange Rates for New Drug Products Introduced Between December 2013 and July 2015
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2013 |
1.33688611 |
1.33688611 |
1.33688611 |
0.15092778 |
1.08269444 |
1.58522778 |
1.00315000 |
January 2014 |
1.33810833 |
1.33810833 |
1.33810833 |
0.15139722 |
1.08606944 |
1.58481667 |
1.00313611 |
February 2014 |
1.33889722 |
1.33889722 |
1.33889722 |
0.15174722 |
1.08850278 |
1.58570833 |
1.00316667 |
March 2014 |
1.33887500 |
1.33887500 |
1.33887500 |
0.15200556 |
1.09121111 |
1.58718611 |
1.00367778 |
April 2014 |
1.33983889 |
1.33983889 |
1.33983889 |
0.15230833 |
1.09459444 |
1.58927222 |
1.00468889 |
May 2014 |
1.34331111 |
1.34331111 |
1.34331111 |
0.15274444 |
1.09876389 |
1.59399167 |
1.00625000 |
June 2014 |
1.34778889 |
1.34778889 |
1.34778889 |
0.15328889 |
1.10356667 |
1.60041944 |
1.00903889 |
July 2014 |
1.35229167 |
1.35229167 |
1.35229167 |
0.15375278 |
1.10903889 |
1.60701944 |
1.01231389 |
August 2014 |
1.35692222 |
1.35692222 |
1.35692222 |
0.15429167 |
1.11454444 |
1.61447222 |
1.01603889 |
September 2014 |
1.36061111 |
1.36061111 |
1.36061111 |
0.15466667 |
1.11947222 |
1.62202222 |
1.01995278 |
October 2014 |
1.36360556 |
1.36360556 |
1.36360556 |
0.15496389 |
1.12272222 |
1.62903333 |
1.02332500 |
November 2014 |
1.36543056 |
1.36543056 |
1.36543056 |
0.15517500 |
1.12400833 |
1.63589444 |
1.02627778 |
December 2014 |
1.36791111 |
1.36791111 |
1.36791111 |
0.15539444 |
1.12491389 |
1.64392778 |
1.02957222 |
January 2015 |
1.36916667 |
1.36916667 |
1.33619167 |
0.15552778 |
1.12324167 |
1.64993333 |
1.03262500 |
February 2015 |
1.37031667 |
1.37031667 |
1.37031667 |
0.15562778 |
1.12409444 |
1.65584722 |
1.03536389 |
March 2015 |
1.37091111 |
1.37091111 |
1.37091111 |
0.15565833 |
1.12516111 |
1.66125278 |
1.03818333 |
April 2015 |
1.37155556 |
1.37155556 |
1.37155556 |
0.15567778 |
1.12642500 |
1.66586944 |
1.04115000 |
May 2015 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
June 2015 |
1.37640278 |
1.37640278 |
1.37640278 |
0.15577222 |
1.13476389 |
1.67895278 |
1.05025278 |
July 2015 |
1.37916111 |
1.37916111 |
1.37916111 |
0.15577222 |
1.14149444 |
1.68842222 |
1.0572944 |
March 2015
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in Schedules 6 and 7 of the Compendium of Policies, Guidelines and Procedures, which came into effect on January 1, 2010 (previously under Schedule 3 of the Compendium of Guidelines, Policies and Procedures).
Existing Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending December 2014 will be used in the review of prices for existing medicines in the second half of 2014.
The international prices of an existing drug product for the period January to December 2014 can be converted to Canadian currency for comparison purposes by multiplying the local currency price in each country by the corresponding simple average exchange rate.
36 Month Average Exchange Rates Ending December 2014
Period
Ending |
France
(Euro) |
Germany
(Euro) |
Italy
(Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2014 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
New Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending four months before the date of the first sale of the drug product. The average exchange rates in the following table reflect the PMPRB methodology.
e.g.: A new drug product first sold in December 2013, the exchange rates used are December 2013 since the following table includes four months before the date of the first sale of the drug product as per Guidelines.
Average Exchange Rates for New Drug Products Introduced Between December 2013 and August 2015
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2013 |
1.33688611 |
1.33688611 |
1.33688611 |
0.15092778 |
1.08269444 |
1.58522778 |
1.00315000 |
January 2014 |
1.33810833 |
1.33810833 |
1.33810833 |
0.15139722 |
1.08606944 |
1.58481667 |
1.00313611 |
February 2014 |
1.33889722 |
1.33889722 |
1.33889722 |
0.15174722 |
1.08850278 |
1.58570833 |
1.00316667 |
March 2014 |
1.33887500 |
1.33887500 |
1.33887500 |
0.15200556 |
1.09121111 |
1.58718611 |
1.00367778 |
April 2014 |
1.33983889 |
1.33983889 |
1.33983889 |
0.15230833 |
1.09459444 |
1.58927222 |
1.00468889 |
May 2014 |
1.34331111 |
1.34331111 |
1.34331111 |
0.15274444 |
1.09876389 |
1.59399167 |
1.00625000 |
June 2014 |
1.34778889 |
1.34778889 |
1.34778889 |
0.15328889 |
1.10356667 |
1.60041944 |
1.00903889 |
July 2014 |
1.35229167 |
1.35229167 |
1.35229167 |
0.15375278 |
1.10903889 |
1.60701944 |
1.01231389 |
August 2014 |
1.35692222 |
1.35692222 |
1.35692222 |
0.15429167 |
1.11454444 |
1.61447222 |
1.01603889 |
September 2014 |
1.36061111 |
1.36061111 |
1.36061111 |
0.15466667 |
1.11947222 |
1.62202222 |
1.01995278 |
October 2014 |
1.36360556 |
1.36360556 |
1.36360556 |
0.15496389 |
1.12272222 |
1.62903333 |
1.02332500 |
November 2014 |
1.36543056 |
1.36543056 |
1.36543056 |
0.15517500 |
1.12400833 |
1.63589444 |
1.02627778 |
December 2014 |
1.36791111 |
1.36791111 |
1.36791111 |
0.15539444 |
1.12491389 |
1.64392778 |
1.02957222 |
January 2015 |
1.36916667 |
1.36916667 |
1.33619167 |
0.15552778 |
1.12324167 |
1.64993333 |
1.03262500 |
February 2015 |
1.37031667 |
1.37031667 |
1.37031667 |
0.15562778 |
1.12409444 |
1.65584722 |
1.03536389 |
March 2015 |
1.37091111 |
1.37091111 |
1.37091111 |
0.15565833 |
1.12516111 |
1.66125278 |
1.03818333 |
April 2015 |
1.37155556 |
1.37155556 |
1.37155556 |
0.15567778 |
1.12642500 |
1.66586944 |
1.04115000 |
May 2015 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
June 2015 |
1.37640278 |
1.37640278 |
1.37640278 |
0.15577222 |
1.13476389 |
1.67895278 |
1.05025278 |
July 2015 |
1.37916111 |
1.37916111 |
1.37916111 |
0.15577222 |
1.14149444 |
1.68842222 |
1.0572944 |
August 2015 |
1.38061667 |
1.38061667 |
1.38061667 |
0.15577500 |
1.14703889 |
1.69716389 |
1.06473889 |
April 2015
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in Schedules 6 and 7 of the Compendium of Policies, Guidelines and Procedures, which came into effect on January 1, 2010 (previously under Schedule 3 of the Compendium of Guidelines, Policies and Procedures).
Existing Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending December 2014 will be used in the review of prices for existing medicines in the second half of 2014.
The international prices of an existing drug product for the period January to December 2014 can be converted to Canadian currency for comparison purposes by multiplying the local currency price in each country by the corresponding simple average exchange rate.
36 Month Average Exchange Rates Ending December 2014
Period
Ending |
France
(Euro) |
Germany
(Euro) |
Italy
(Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2014 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
New Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-months period ending four months before the date of the first sale of the drug product. The average exchange rates in the following table reflect the PMPRB methodology.
e.g.: A new drug product first sold in December 2013 the exchange rates used are December 2013 since the following table includes four months before the date of the first sale of the drug product as per Guidelines.
Average Exchange Rates for New Drug Products Introduced Between December 2013 to September 2015
Period
Ending |
France
(Euro) |
Germany
(Euro) |
Italy
(Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2013 |
1.33688611 |
1.33688611 |
1.33688611 |
0.15092778 |
1.08269444 |
1.58522778 |
1.00315000 |
January 2014 |
1.33810833 |
1.33810833 |
1.33810833 |
0.15139722 |
1.08606944 |
1.58481667 |
1.00313611 |
February 2014 |
1.33889722 |
1.33889722 |
1.33889722 |
0.15174722 |
1.08850278 |
1.58570833 |
1.00316667 |
March 2014 |
1.33887500 |
1.33887500 |
1.33887500 |
0.15200556 |
1.09121111 |
1.58718611 |
1.00367778 |
April 2014 |
1.33983889 |
1.33983889 |
1.33983889 |
0.15230833 |
1.09459444 |
1.58927222 |
1.00468889 |
May 2014 |
1.34331111 |
1.34331111 |
1.34331111 |
0.15274444 |
1.09876389 |
1.59399167 |
1.00625000 |
June 2014 |
1.34778889 |
1.34778889 |
1.34778889 |
0.15328889 |
1.10356667 |
1.60041944 |
1.00903889 |
July 2014 |
1.35229167 |
1.35229167 |
1.35229167 |
0.15375278 |
1.10903889 |
1.60701944 |
1.01231389 |
August 2014 |
1.35692222 |
1.35692222 |
1.35692222 |
0.15429167 |
1.11454444 |
1.61447222 |
1.01603889 |
September 2014 |
1.36061111 |
1.36061111 |
1.36061111 |
0.15466667 |
1.11947222 |
1.62202222 |
1.01995278 |
October 2014 |
1.36360556 |
1.36360556 |
1.36360556 |
0.15496389 |
1.12272222 |
1.62903333 |
1.02332500 |
November 2014 |
1.36543056 |
1.36543056 |
1.36543056 |
0.15517500 |
1.12400833 |
1.63589444 |
1.02627778 |
December 2014 |
1.36791111 |
1.36791111 |
1.36791111 |
0.15539444 |
1.12491389 |
1.64392778 |
1.02957222 |
January 2015 |
1.36916667 |
1.36916667 |
1.36916667 |
0.15552778 |
1.12324167 |
1.64993333 |
1.03262500 |
February 2015 |
1.37031667 |
1.37031667 |
1.37031667 |
0.15562778 |
1.12409444 |
1.65584722 |
1.03536389 |
March 2015 |
1.37091111 |
1.37091111 |
1.37091111 |
0.15565833 |
1.12516111 |
1.66125278 |
1.03818333 |
April 2015 |
1.37155556 |
1.37155556 |
1.37155556 |
0.15567778 |
1.12642500 |
1.66586944 |
1.04115000 |
May 2015 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
June 2015 |
1.37640278 |
1.37640278 |
1.37640278 |
0.15577222 |
1.13476389 |
1.67895278 |
1.05025278 |
July 2015 |
1.37916111 |
1.37916111 |
1.37916111 |
0.15577222 |
1.14149444 |
1.68842222 |
1.05729444 |
August 2015 |
1.38061667 |
1.38061667 |
1.38061667 |
0.15577500 |
1.14703889 |
1.69716389 |
1.06473889 |
September 2015 |
1.38135556 |
1.38135556 |
1.38135556 |
0.15564722 |
1.15252222 |
1.70429444 |
1.07141944 |
May 2015
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in Schedules 6 and 7 of the Compendium of Policies, Guidelines and Procedures, which came into effect on January 1, 2010 (previously under Schedule 3 of the Compendium of Guidelines, Policies and Procedures).
Existing Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending December 2014 will be used in the review of prices for existing medicines in the second half of 2014.
The international prices of an existing drug product for the period January to December 2014 can be converted to Canadian currency for comparison purposes by multiplying the local currency price in each country by the corresponding simple average exchange rate.
36 Month Average Exchange Rates Ending December 2014
Period
Ending |
France
(Euro) |
Germany
(Euro) |
Italy
(Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2014 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
New Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending four months before the date of the first sale of the drug product. The average exchange rates in the following table reflect the PMPRB methodology.
e.g.: A new drug product first sold in December 2013, the exchange rates used are December 2013 since the following table includes four months before the date of the first sale of the drug product as per Guidelines.
Average Exchange Rates for New Drug Products Introduced Between December 2013 to October 2015
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2013 |
1.33688611 |
1.33688611 |
1.33688611 |
0.15092778 |
1.08269444 |
1.58522778 |
1.00315000 |
January 2014 |
1.33810833 |
1.33810833 |
1.33810833 |
0.15139722 |
1.08606944 |
1.58481667 |
1.00313611 |
February 2014 |
1.33889722 |
1.33889722 |
1.33889722 |
0.15174722 |
1.08850278 |
1.58570833 |
1.00316667 |
March 2014 |
1.33887500 |
1.33887500 |
1.33887500 |
0.15200556 |
1.09121111 |
1.58718611 |
1.00367778 |
April 2014 |
1.33983889 |
1.33983889 |
1.33983889 |
0.15230833 |
1.09459444 |
1.58927222 |
1.00468889 |
May 2014 |
1.34331111 |
1.34331111 |
1.34331111 |
0.15274444 |
1.09876389 |
1.59399167 |
1.00625000 |
June 2014 |
1.34778889 |
1.34778889 |
1.34778889 |
0.15328889 |
1.10356667 |
1.60041944 |
1.00903889 |
July 2014 |
1.35229167 |
1.35229167 |
1.35229167 |
0.15375278 |
1.10903889 |
1.60701944 |
1.01231389 |
August 2014 |
1.35692222 |
1.35692222 |
1.35692222 |
0.15429167 |
1.11454444 |
1.61447222 |
1.01603889 |
September 2014 |
1.36061111 |
1.36061111 |
1.36061111 |
0.15466667 |
1.11947222 |
1.62202222 |
1.01995278 |
October 2014 |
1.36360556 |
1.36360556 |
1.36360556 |
0.15496389 |
1.12272222 |
1.62903333 |
1.02332500 |
November 2014 |
1.36543056 |
1.36543056 |
1.36543056 |
0.15517500 |
1.12400833 |
1.63589444 |
1.02627778 |
December 2014 |
1.36791111 |
1.36791111 |
1.36791111 |
0.15539444 |
1.12491389 |
1.64392778 |
1.02957222 |
January 2015 |
1.36916667 |
1.36916667 |
1.33619167 |
0.15552778 |
1.12324167 |
1.64993333 |
1.03262500 |
February 2015 |
1.37031667 |
1.37031667 |
1.37031667 |
0.15562778 |
1.12409444 |
1.65584722 |
1.03536389 |
March 2015 |
1.37091111 |
1.37091111 |
1.37091111 |
0.15565833 |
1.12516111 |
1.66125278 |
1.03818333 |
April 2015 |
1.37155556 |
1.37155556 |
1.37155556 |
0.15567778 |
1.12642500 |
1.66586944 |
1.04115000 |
May 2015 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
June 2015 |
1.37640278 |
1.37640278 |
1.37640278 |
0.15577222 |
1.13476389 |
1.67895278 |
1.05025278 |
July 2015 |
1.37916111 |
1.37916111 |
1.37916111 |
0.15577222 |
1.14149444 |
1.68842222 |
1.05729444 |
August 2015 |
1.38061667 |
1.38061667 |
1.38061667 |
0.15577500 |
1.14703889 |
1.69716389 |
1.06473889 |
September 2015 |
1.38135556 |
1.38135556 |
1.38135556 |
0.15564722 |
1.15252222 |
1.70429444 |
1.07141944 |
October 2015 |
1.38319722 |
1.38319722 |
1.38319722 |
0.15571111 |
1.15893333 |
1.71192222 |
1.07721667 |
June 2015
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in Schedules 6 and 7 of the Compendium of Policies, Guidelines and Procedures, which came into effect on January 1, 2010 (previously under Schedule 3 of the Compendium of Guidelines, Policies and Procedures).
Existing Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending June 2015 will be used in the review of prices for existing medicines in the first half of 2015.
The international prices of an existing drug product for the period January to June 2015 can be converted to Canadian currency for comparison purposes by multiplying the local currency price in each country by the corresponding simple average exchange rate.
36 Month Average Exchange Rates Ending June 2015
Period
Ending |
France
(Euro) |
Germany
(Euro) |
Italy
(Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
June 2015 |
1.38593889 |
1.38593889 |
1.38593889 |
0.15583056 |
1.16596111 |
1.72099722 |
1.08300833 |
New Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-months period ending four months before the date of the first sale of the drug product. The average exchange rates in the following table reflect the PMPRB methodology.
e.g.: A new drug product first sold in December 2013 the exchange rates used are December 2013 since the following table includes four months before the date of the first sale of the drug product as per Guidelines.
Average Exchange Rates for New Drug Products Introduced Between December 2013 and November 2015
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2013 |
1.33688611 |
1.33688611 |
1.33688611 |
0.15092778 |
1.08269444 |
1.58522778 |
1.00315000 |
January 2014 |
1.33810833 |
1.33810833 |
1.33810833 |
0.15139722 |
1.08606944 |
1.58481667 |
1.00313611 |
February 2014 |
1.33889722 |
1.33889722 |
1.33889722 |
0.15174722 |
1.08850278 |
1.58570833 |
1.00316667 |
March 2014 |
1.33887500 |
1.33887500 |
1.33887500 |
0.15200556 |
1.09121111 |
1.58718611 |
1.00367778 |
April 2014 |
1.33983889 |
1.33983889 |
1.33983889 |
0.15230833 |
1.09459444 |
1.58927222 |
1.00468889 |
May 2014 |
1.34331111 |
1.34331111 |
1.34331111 |
0.15274444 |
1.09876389 |
1.59399167 |
1.00625000 |
June 2014 |
1.34778889 |
1.34778889 |
1.34778889 |
0.15328889 |
1.10356667 |
1.60041944 |
1.00903889 |
July 2014 |
1.35229167 |
1.35229167 |
1.35229167 |
0.15375278 |
1.10903889 |
1.60701944 |
1.01231389 |
August 2014 |
1.35692222 |
1.35692222 |
1.35692222 |
0.15429167 |
1.11454444 |
1.61447222 |
1.01603889 |
September 2014 |
1.36061111 |
1.36061111 |
1.36061111 |
0.15466667 |
1.11947222 |
1.62202222 |
1.01995278 |
October 2014 |
1.36360556 |
1.36360556 |
1.36360556 |
0.15496389 |
1.12272222 |
1.62903333 |
1.02332500 |
November 2014 |
1.36543056 |
1.36543056 |
1.36543056 |
0.15517500 |
1.12400833 |
1.63589444 |
1.02627778 |
December 2014 |
1.36791111 |
1.36791111 |
1.36791111 |
0.15539444 |
1.12491389 |
1.64392778 |
1.02957222 |
January 2015 |
1.36916667 |
1.36916667 |
1.36916667 |
0.15552778 |
1.12324167 |
1.64993333 |
1.03262500 |
February 2015 |
1.37031667 |
1.37031667 |
1.37031667 |
0.15562778 |
1.12409444 |
1.65584722 |
1.03536389 |
March 2015 |
1.37091111 |
1.37091111 |
1.37091111 |
0.15565833 |
1.12516111 |
1.66125278 |
1.03818333 |
April 2015 |
1.37155556 |
1.37155556 |
1.37155556 |
0.15567778 |
1.12642500 |
1.66586944 |
1.04115000 |
May 2015 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
June 2015 |
1.37640278 |
1.37640278 |
1.37640278 |
0.15577222 |
1.13476389 |
1.67895278 |
1.05025278 |
July 2015 |
1.37916111 |
1.37916111 |
1.37916111 |
0.15577222 |
1.14149444 |
1.68842222 |
1.05729444 |
August 2015 |
1.38061667 |
1.38061667 |
1.38061667 |
0.15577500 |
1.14703889 |
1.69716389 |
1.06473889 |
September 2015 |
1.38135556 |
1.38135556 |
1.38135556 |
0.15564722 |
1.15252222 |
1.70429444 |
1.07141944 |
October 2015 |
1.38319722 |
1.38319722 |
1.38319722 |
0.15571111 |
1.15893333 |
1.71192222 |
1.07721667 |
November 2015 |
1.38593889 |
1.38593889 |
1.38593889 |
0.15583056 |
1.16596111 |
1.72099722 |
1.08300833 |
July 2015
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in Schedules 6 and 7 of the Compendium of Policies, Guidelines and Procedures, which came into effect on January 1, 2010 (previously under Schedule 3 of the Compendium of Guidelines, Policies and Procedures).
Existing Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending June 2015 will be used in the review of prices for existing medicines in the first half of 2015.
The international prices of an existing drug product for the period January to June 2015 can be converted to Canadian currency for comparison purposes by multiplying the local currency price in each country by the corresponding simple average exchange rate.
36 Month Average Exchange Rates Ending June 2015
Period
Ending |
France
(Euro) |
Germany
(Euro) |
Italy
(Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
June 2015 |
1.38593889 |
1.38593889 |
1.38593889 |
0.15583056 |
1.16596111 |
1.72099722 |
1.08300833 |
New Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-months period ending four months before the date of the first sale of the drug product. The average exchange rates in the following table reflect the PMPRB methodology.
e.g.: A new drug product first sold in December 2013 the exchange rates used are December 2013 since the following table includes four months before the date of the first sale of the drug product as per Guidelines.
Average Exchange Rates for New Drug Products Introduced Between December 2013 and December 2015
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2013 |
1.33688611 |
1.33688611 |
1.33688611 |
0.15092778 |
1.08269444 |
1.58522778 |
1.00315000 |
January 2014 |
1.33810833 |
1.33810833 |
1.33810833 |
0.15139722 |
1.08606944 |
1.58481667 |
1.00313611 |
February 2014 |
1.33889722 |
1.33889722 |
1.33889722 |
0.15174722 |
1.08850278 |
1.58570833 |
1.00316667 |
March 2014 |
1.33887500 |
1.33887500 |
1.33887500 |
0.15200556 |
1.09121111 |
1.58718611 |
1.00367778 |
April 2014 |
1.33983889 |
1.33983889 |
1.33983889 |
0.15230833 |
1.09459444 |
1.58927222 |
1.00468889 |
May 2014 |
1.34331111 |
1.34331111 |
1.34331111 |
0.15274444 |
1.09876389 |
1.59399167 |
1.00625000 |
June 2014 |
1.34778889 |
1.34778889 |
1.34778889 |
0.15328889 |
1.10356667 |
1.60041944 |
1.00903889 |
July 2014 |
1.35229167 |
1.35229167 |
1.35229167 |
0.15375278 |
1.10903889 |
1.60701944 |
1.01231389 |
August 2014 |
1.35692222 |
1.35692222 |
1.35692222 |
0.15429167 |
1.11454444 |
1.61447222 |
1.01603889 |
September 2014 |
1.36061111 |
1.36061111 |
1.36061111 |
0.15466667 |
1.11947222 |
1.62202222 |
1.01995278 |
October 2014 |
1.36360556 |
1.36360556 |
1.36360556 |
0.15496389 |
1.12272222 |
1.62903333 |
1.02332500 |
November 2014 |
1.36543056 |
1.36543056 |
1.36543056 |
0.15517500 |
1.12400833 |
1.63589444 |
1.02627778 |
December 2014 |
1.36791111 |
1.36791111 |
1.36791111 |
0.15539444 |
1.12491389 |
1.64392778 |
1.02957222 |
January 2015 |
1.36916667 |
1.36916667 |
1.36916667 |
0.15552778 |
1.12324167 |
1.64993333 |
1.03262500 |
February 2015 |
1.37031667 |
1.37031667 |
1.37031667 |
0.15562778 |
1.12409444 |
1.65584722 |
1.03536389 |
March 2015 |
1.37091111 |
1.37091111 |
1.37091111 |
0.15565833 |
1.12516111 |
1.66125278 |
1.03818333 |
April 2015 |
1.37155556 |
1.37155556 |
1.37155556 |
0.15567778 |
1.12642500 |
1.66586944 |
1.04115000 |
May 2015 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
June 2015 |
1.37640278 |
1.37640278 |
1.37640278 |
0.15577222 |
1.13476389 |
1.67895278 |
1.05025278 |
Jul y 2015 |
1.37916111 |
1.37916111 |
1.37916111 |
0.15577222 |
1.14149444 |
1.68842222 |
1.05729444 |
August 2015 |
1.38061667 |
1.38061667 |
1.38061667 |
0.15577500 |
1.14703889 |
1.69716389 |
1.06473889 |
September 2015 |
1.38135556 |
1.38135556 |
1.38135556 |
0.15564722 |
1.15252222 |
1.70429444 |
1.07141944 |
October 2015 |
1.38319722 |
1.38319722 |
1.38319722 |
0.15571111 |
1.15893333 |
1.71192222 |
1.07721667 |
November 2015 |
1.38593889 |
1.38593889 |
1.38593889 |
0.15583056 |
1.16596111 |
1.72099722 |
1.08300833 |
December 2015 |
1.39066667 |
1.39066667 |
1.39066667 |
0.15596389 |
1.17460556 |
1.73269444 |
1.09058056 |
August 2015
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in Schedules 6 and 7 of the Compendium of Policies, Guidelines and Procedures, which came into effect on January 1, 2010 (previously under Schedule 3 of the Compendium of Guidelines, Policies and Procedures).
Existing Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending June 2015 will be used in the review of prices for existing medicines in the first half of 2015.
The international prices of an existing drug product for the period January to June 2015 can be converted to Canadian currency for comparison purposes by multiplying the local currency price in each country by the corresponding simple average exchange rate.
36 Month Average Exchange Rates Ending June 2015
Period
Ending |
France
(Euro) |
Germany
(Euro) |
Italy
(Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Jun 2015 |
1.38593889 |
1.38593889 |
1.38593889 |
0.15583056 |
1.16596111 |
1.72099722 |
1.08300833 |
New Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-months period ending four months before the date of the first sale of the drug product. The average exchange rates in the following table reflect the PMPRB methodology.
e.g.: A new drug product first sold in December 2013 the exchange rates used are December 2013 since the following table includes four months before the date of the first sale of the drug product as per Guidelines.
Average Exchange Rates for New Drug Products Introduced Between December 2013 and January 2016
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2013 |
1.33688611 |
1.33688611 |
1.33688611 |
0.15092778 |
1.08269444 |
1.58522778 |
1.00315000 |
January 2014 |
1.33810833 |
1.33810833 |
1.33810833 |
0.15139722 |
1.08606944 |
1.58481667 |
1.00313611 |
February 2014 |
1.33889722 |
1.33889722 |
1.33889722 |
0.15174722 |
1.08850278 |
1.58570833 |
1.00316667 |
March 2014 |
1.33887500 |
1.33887500 |
1.33887500 |
0.15200556 |
1.09121111 |
1.58718611 |
1.00367778 |
April 2014 |
1.33983889 |
1.33983889 |
1.33983889 |
0.15230833 |
1.09459444 |
1.58927222 |
1.00468889 |
May 2014 |
1.34331111 |
1.34331111 |
1.34331111 |
0.15274444 |
1.09876389 |
1.59399167 |
1.00625000 |
June 2014 |
1.34778889 |
1.34778889 |
1.34778889 |
0.15328889 |
1.10356667 |
1.60041944 |
1.00903889 |
July 2014 |
1.35229167 |
1.35229167 |
1.35229167 |
0.15375278 |
1.10903889 |
1.60701944 |
1.01231389 |
Aug 2014 |
1.35692222 |
1.35692222 |
1.35692222 |
0.15429167 |
1.11454444 |
1.61447222 |
1.01603889 |
September 2014 |
1.36061111 |
1.36061111 |
1.36061111 |
0.15466667 |
1.11947222 |
1.62202222 |
1.01995278 |
October 2014 |
1.36360556 |
1.36360556 |
1.36360556 |
0.15496389 |
1.12272222 |
1.62903333 |
1.02332500 |
November 2014 |
1.36543056 |
1.36543056 |
1.36543056 |
0.15517500 |
1.12400833 |
1.63589444 |
1.02627778 |
December 2014 |
1.36791111 |
1.36791111 |
1.36791111 |
0.15539444 |
1.12491389 |
1.64392778 |
1.02957222 |
January 2015 |
1.36916667 |
1.36916667 |
1.36916667 |
0.15552778 |
1.12324167 |
1.64993333 |
1.03262500 |
February 2015 |
1.37031667 |
1.37031667 |
1.37031667 |
0.15562778 |
1.12409444 |
1.65584722 |
1.03536389 |
March 2015 |
1.37091111 |
1.37091111 |
1.37091111 |
0.15565833 |
1.12516111 |
1.66125278 |
1.03818333 |
April 2015 |
1.37155556 |
1.37155556 |
1.37155556 |
0.15567778 |
1.12642500 |
1.66586944 |
1.04115000 |
May 2015 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
June 2015 |
1.37640278 |
1.37640278 |
1.37640278 |
0.15577222 |
1.13476389 |
1.67895278 |
1.05025278 |
July 2015 |
1.37916111 |
1.37916111 |
1.37916111 |
0.15577222 |
1.14149444 |
1.68842222 |
1.05729444 |
August 2015 |
1.38061667 |
1.38061667 |
1.38061667 |
0.15577500 |
1.14703889 |
1.69716389 |
1.06473889 |
September 2015 |
1.38135556 |
1.38135556 |
1.38135556 |
0.15564722 |
1.15252222 |
1.70429444 |
1.07141944 |
October 2015 |
1.38319722 |
1.38319722 |
1.38319722 |
0.15571111 |
1.15893333 |
1.71192222 |
1.07721667 |
November 2015 |
1.38593889 |
1.38593889 |
1.38593889 |
0.15583056 |
1.16596111 |
1.72099722 |
1.08300833 |
December 2015 |
1.39066667 |
1.39066667 |
1.39066667 |
0.15596389 |
1.17460556 |
1.73269444 |
1.09058056 |
January 2016 |
1.39718333 |
1.39718333 |
1.39718333 |
0.15611111 |
1.18385556 |
1.74624444 |
1.09954722 |
September 2015
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in Schedules 6 and 7 of the Compendium of Policies, Guidelines and Procedures, which came into effect on January 1, 2010 (previously under Schedule 3 of the Compendium of Guidelines, Policies and Procedures).
Existing Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending June 2015 will be used in the review of prices for existing medicines in the first half of 2015.
The international prices of an existing drug product for the period January to June 2015 can be converted to Canadian currency for comparison purposes by multiplying the local currency price in each country by the corresponding simple average exchange rate.
36 Month Average Exchange Rates Ending June 2015
Period
Ending |
France
(Euro) |
Germany
(Euro) |
Italy
(Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Jun 2015 |
1.38593889 |
1.38593889 |
1.38593889 |
0.15583056 |
1.16596111 |
1.72099722 |
1.08300833 |
New Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-months period ending four months before the date of the first sale of the drug product. The average exchange rates in the following table reflect the PMPRB methodology.
e.g.: A new drug product first sold in December 2013 the exchange rates used are December 2013 since the following table includes four months before the date of the first sale of the drug product as per Guidelines.
Average Exchange Rates for New Drug Products Introduced Between December 2013 and February 2016
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2013 |
1.33688611 |
1.33688611 |
1.33688611 |
0.15092778 |
1.08269444 |
1.58522778 |
1.00315000 |
January 2014 |
1.33810833 |
1.33810833 |
1.33810833 |
0.15139722 |
1.08606944 |
1.58481667 |
1.00313611 |
February 2014 |
1.33889722 |
1.33889722 |
1.33889722 |
0.15174722 |
1.08850278 |
1.58570833 |
1.00316667 |
March 2014 |
1.33887500 |
1.33887500 |
1.33887500 |
0.15200556 |
1.09121111 |
1.58718611 |
1.00367778 |
April 2014 |
1.33983889 |
1.33983889 |
1.33983889 |
0.15230833 |
1.09459444 |
1.58927222 |
1.00468889 |
May 2014 |
1.34331111 |
1.34331111 |
1.34331111 |
0.15274444 |
1.09876389 |
1.59399167 |
1.00625000 |
June 2014 |
1.34778889 |
1.34778889 |
1.34778889 |
0.15328889 |
1.10356667 |
1.60041944 |
1.00903889 |
July 2014 |
1.35229167 |
1.35229167 |
1.35229167 |
0.15375278 |
1.10903889 |
1.60701944 |
1.01231389 |
Aug 2014 |
1.35692222 |
1.35692222 |
1.35692222 |
0.15429167 |
1.11454444 |
1.61447222 |
1.01603889 |
September 2014 |
1.36061111 |
1.36061111 |
1.36061111 |
0.15466667 |
1.11947222 |
1.62202222 |
1.01995278 |
October 2014 |
1.36360556 |
1.36360556 |
1.36360556 |
0.15496389 |
1.12272222 |
1.62903333 |
1.02332500 |
November 2014 |
1.36543056 |
1.36543056 |
1.36543056 |
0.15517500 |
1.12400833 |
1.63589444 |
1.02627778 |
December 2014 |
1.36791111 |
1.36791111 |
1.36791111 |
0.15539444 |
1.12491389 |
1.64392778 |
1.02957222 |
January 2015 |
1.36916667 |
1.36916667 |
1.36916667 |
0.15552778 |
1.12324167 |
1.64993333 |
1.03262500 |
February 2015 |
1.37031667 |
1.37031667 |
1.37031667 |
0.15562778 |
1.12409444 |
1.65584722 |
1.03536389 |
March 2015 |
1.37091111 |
1.37091111 |
1.37091111 |
0.15565833 |
1.12516111 |
1.66125278 |
1.03818333 |
April 2015 |
1.37155556 |
1.37155556 |
1.37155556 |
0.15567778 |
1.12642500 |
1.66586944 |
1.04115000 |
May 2015 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
June 2015 |
1.37640278 |
1.37640278 |
1.37640278 |
0.15577222 |
1.13476389 |
1.67895278 |
1.05025278 |
July 2015 |
1.37916111 |
1.37916111 |
1.37916111 |
0.15577222 |
1.14149444 |
1.68842222 |
1.05729444 |
August 2015 |
1.38061667 |
1.38061667 |
1.38061667 |
0.15577500 |
1.14703889 |
1.69716389 |
1.06473889 |
September 2015 |
1.38135556 |
1.38135556 |
1.38135556 |
0.15564722 |
1.15252222 |
1.70429444 |
1.07141944 |
October 2015 |
1.38319722 |
1.38319722 |
1.38319722 |
0.15571111 |
1.15893333 |
1.71192222 |
1.07721667 |
November 2015 |
1.38593889 |
1.38593889 |
1.38593889 |
0.15583056 |
1.16596111 |
1.72099722 |
1.08300833 |
December 2015 |
1.39066667 |
1.39066667 |
1.39066667 |
0.15596389 |
1.17460556 |
1.73269444 |
1.09058056 |
January 2016 |
1.39718333 |
1.39718333 |
1.39718333 |
0.15611111 |
1.18385556 |
1.74624444 |
1.09954722 |
February 2016 |
1.40355000 |
1.40355000 |
1.40355000 |
0.15639722 |
1.19279444 |
1.75894444 |
1.10922500 |
October 2015
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in Schedules 6 and 7 of the Compendium of Policies, Guidelines and Procedures, which came into effect on January 1, 2010 (previously under Schedule 3 of the Compendium of Guidelines, Policies and Procedures).
Existing Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending June 2015 will be used in the review of prices for existing medicines in the first half of 2015.
The international prices of an existing drug product for the period January to June 2015 can be converted to Canadian currency for comparison purposes by multiplying the local currency price in each country by the corresponding simple average exchange rate.
36 Month Average Exchange Rates Ending June 2015
Period
Ending |
France
(Euro) |
Germany
(Euro) |
Italy
(Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Jun 2015 |
1.38593889 |
1.38593889 |
1.38593889 |
0.15583056 |
1.16596111 |
1.72099722 |
1.08300833 |
New Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-months period ending four months before the date of the first sale of the drug product. The average exchange rates in the following table reflect the PMPRB methodology.
e.g.: A new drug product first sold in December 2013 the exchange rates used are December 2013 since the following table includes four months before the date of the first sale of the drug product as per Guidelines.
Average Exchange Rates for New Drug Products Introduced Between December 2013 and March 2016
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2013 |
1.33688611 |
1.33688611 |
1.33688611 |
0.15092778 |
1.08269444 |
1.58522778 |
1.00315000 |
January 2014 |
1.33810833 |
1.33810833 |
1.33810833 |
0.15139722 |
1.08606944 |
1.58481667 |
1.00313611 |
February 2014 |
1.33889722 |
1.33889722 |
1.33889722 |
0.15174722 |
1.08850278 |
1.58570833 |
1.00316667 |
March 2014 |
1.33887500 |
1.33887500 |
1.33887500 |
0.15200556 |
1.09121111 |
1.58718611 |
1.00367778 |
April 2014 |
1.33983889 |
1.33983889 |
1.33983889 |
0.15230833 |
1.09459444 |
1.58927222 |
1.00468889 |
May 2014 |
1.34331111 |
1.34331111 |
1.34331111 |
0.15274444 |
1.09876389 |
1.59399167 |
1.00625000 |
June 2014 |
1.34778889 |
1.34778889 |
1.34778889 |
0.15328889 |
1.10356667 |
1.60041944 |
1.00903889 |
July 2014 |
1.35229167 |
1.35229167 |
1.35229167 |
0.15375278 |
1.10903889 |
1.60701944 |
1.01231389 |
Aug 2014 |
1.35692222 |
1.35692222 |
1.35692222 |
0.15429167 |
1.11454444 |
1.61447222 |
1.01603889 |
September 2014 |
1.36061111 |
1.36061111 |
1.36061111 |
0.15466667 |
1.11947222 |
1.62202222 |
1.01995278 |
October 2014 |
1.36360556 |
1.36360556 |
1.36360556 |
0.15496389 |
1.12272222 |
1.62903333 |
1.02332500 |
November 2014 |
1.36543056 |
1.36543056 |
1.36543056 |
0.15517500 |
1.12400833 |
1.63589444 |
1.02627778 |
December 2014 |
1.36791111 |
1.36791111 |
1.36791111 |
0.15539444 |
1.12491389 |
1.64392778 |
1.02957222 |
January 2015 |
1.36916667 |
1.36916667 |
1.36916667 |
0.15552778 |
1.12324167 |
1.64993333 |
1.03262500 |
February 2015 |
1.37031667 |
1.37031667 |
1.37031667 |
0.15562778 |
1.12409444 |
1.65584722 |
1.03536389 |
March 2015 |
1.37091111 |
1.37091111 |
1.37091111 |
0.15565833 |
1.12516111 |
1.66125278 |
1.03818333 |
April 2015 |
1.37155556 |
1.37155556 |
1.37155556 |
0.15567778 |
1.12642500 |
1.66586944 |
1.04115000 |
May 2015 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
June 2015 |
1.37640278 |
1.37640278 |
1.37640278 |
0.15577222 |
1.13476389 |
1.67895278 |
1.05025278 |
July 2015 |
1.37916111 |
1.37916111 |
1.37916111 |
0.15577222 |
1.14149444 |
1.68842222 |
1.05729444 |
August 2015 |
1.38061667 |
1.38061667 |
1.38061667 |
0.15577500 |
1.14703889 |
1.69716389 |
1.06473889 |
September 2015 |
1.38135556 |
1.38135556 |
1.38135556 |
0.15564722 |
1.15252222 |
1.70429444 |
1.07141944 |
October 2015 |
1.38319722 |
1.38319722 |
1.38319722 |
0.15571111 |
1.15893333 |
1.71192222 |
1.07721667 |
November 2015 |
1.38593889 |
1.38593889 |
1.38593889 |
0.15583056 |
1.16596111 |
1.72099722 |
1.08300833 |
December 2015 |
1.39066667 |
1.39066667 |
1.39066667 |
0.15596389 |
1.17460556 |
1.73269444 |
1.09058056 |
January 2016 |
1.39718333 |
1.39718333 |
1.39718333 |
0.15611111 |
1.18385556 |
1.74624444 |
1.09954722 |
February 2016 |
1.40355000 |
1.40355000 |
1.40355000 |
0.15639722 |
1.19279444 |
1.75894444 |
1.10922500 |
March 2016 |
1.40873889 |
1.40873889 |
1.40873889 |
0.15662778 |
1.20086944 |
1.77056111 |
1.11811667 |
November 2015
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in Schedules 6 and 7 of the Compendium of Policies, Guidelines and Procedures, which came into effect on January 1, 2010 (previously under Schedule 3 of the Compendium of Guidelines, Policies and Procedures).
Existing Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending June 2015 will be used in the review of prices for existing medicines in the first half of 2015.
The international prices of an existing drug product for the period January to June 2015 can be converted to Canadian currency for comparison purposes by multiplying the local currency price in each country by the corresponding simple average exchange rate.
36 Month Average Exchange Rates Ending June 2015
Period
Ending |
France
(Euro) |
Germany
(Euro) |
Italy
(Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Jun 2015 |
1.38593889 |
1.38593889 |
1.38593889 |
0.15583056 |
1.16596111 |
1.72099722 |
1.08300833 |
New Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-months period ending four months before the date of the first sale of the drug product. The average exchange rates in the following table reflect the PMPRB methodology.
e.g.: A new drug product first sold in December 2013 the exchange rates used are December 2013 since the following table includes four months before the date of the first sale of the drug product as per Guidelines.
Average Exchange Rates for New Drug Products Introduced Between December 2013 and April 2016
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2013 |
1.33688611 |
1.33688611 |
1.33688611 |
0.15092778 |
1.08269444 |
1.58522778 |
1.00315000 |
January 2014 |
1.33810833 |
1.33810833 |
1.33810833 |
0.15139722 |
1.08606944 |
1.58481667 |
1.00313611 |
February 2014 |
1.33889722 |
1.33889722 |
1.33889722 |
0.15174722 |
1.08850278 |
1.58570833 |
1.00316667 |
March 2014 |
1.33887500 |
1.33887500 |
1.33887500 |
0.15200556 |
1.09121111 |
1.58718611 |
1.00367778 |
April 2014 |
1.33983889 |
1.33983889 |
1.33983889 |
0.15230833 |
1.09459444 |
1.58927222 |
1.00468889 |
May 2014 |
1.34331111 |
1.34331111 |
1.34331111 |
0.15274444 |
1.09876389 |
1.59399167 |
1.00625000 |
June 2014 |
1.34778889 |
1.34778889 |
1.34778889 |
0.15328889 |
1.10356667 |
1.60041944 |
1.00903889 |
July 2014 |
1.35229167 |
1.35229167 |
1.35229167 |
0.15375278 |
1.10903889 |
1.60701944 |
1.01231389 |
Aug 2014 |
1.35692222 |
1.35692222 |
1.35692222 |
0.15429167 |
1.11454444 |
1.61447222 |
1.01603889 |
September 2014 |
1.36061111 |
1.36061111 |
1.36061111 |
0.15466667 |
1.11947222 |
1.62202222 |
1.01995278 |
October 2014 |
1.36360556 |
1.36360556 |
1.36360556 |
0.15496389 |
1.12272222 |
1.62903333 |
1.02332500 |
November 2014 |
1.36543056 |
1.36543056 |
1.36543056 |
0.15517500 |
1.12400833 |
1.63589444 |
1.02627778 |
December 2014 |
1.36791111 |
1.36791111 |
1.36791111 |
0.15539444 |
1.12491389 |
1.64392778 |
1.02957222 |
January 2015 |
1.36916667 |
1.36916667 |
1.36916667 |
0.15552778 |
1.12324167 |
1.64993333 |
1.03262500 |
February 2015 |
1.37031667 |
1.37031667 |
1.37031667 |
0.15562778 |
1.12409444 |
1.65584722 |
1.03536389 |
March 2015 |
1.37091111 |
1.37091111 |
1.37091111 |
0.15565833 |
1.12516111 |
1.66125278 |
1.03818333 |
April 2015 |
1.37155556 |
1.37155556 |
1.37155556 |
0.15567778 |
1.12642500 |
1.66586944 |
1.04115000 |
May 2015 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
June 2015 |
1.37640278 |
1.37640278 |
1.37640278 |
0.15577222 |
1.13476389 |
1.67895278 |
1.05025278 |
July 2015 |
1.37916111 |
1.37916111 |
1.37916111 |
0.15577222 |
1.14149444 |
1.68842222 |
1.05729444 |
August 2015 |
1.38061667 |
1.38061667 |
1.38061667 |
0.15577500 |
1.14703889 |
1.69716389 |
1.06473889 |
September 2015 |
1.38135556 |
1.38135556 |
1.38135556 |
0.15564722 |
1.15252222 |
1.70429444 |
1.07141944 |
October 2015 |
1.38319722 |
1.38319722 |
1.38319722 |
0.15571111 |
1.15893333 |
1.71192222 |
1.07721667 |
November 2015 |
1.38593889 |
1.38593889 |
1.38593889 |
0.15583056 |
1.16596111 |
1.72099722 |
1.08300833 |
December 2015 |
1.39066667 |
1.39066667 |
1.39066667 |
0.15596389 |
1.17460556 |
1.73269444 |
1.09058056 |
January 2016 |
1.39718333 |
1.39718333 |
1.39718333 |
0.15611111 |
1.18385556 |
1.74624444 |
1.09954722 |
February 2016 |
1.40355000 |
1.40355000 |
1.40355000 |
0.15639722 |
1.19279444 |
1.75894444 |
1.10922500 |
March 2016 |
1.40873889 |
1.40873889 |
1.40873889 |
0.15662778 |
1.20086944 |
1.77056111 |
1.11811667 |
April 2016 |
1.41272500 |
1.41272500 |
1.41272500 |
0.15674444 |
1.20787222 |
1.78237500 |
1.12731111 |
December 2015
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in Schedules 6 and 7 of the Compendium of Policies, Guidelines and Procedures, which came into effect on January 1, 2010 (previously under Schedule 3 of the Compendium of Guidelines, Policies and Procedures).
Existing Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-month period ending December 2015 will be used in the review of prices for existing medicines in the second half of 2015.
The international prices of an existing drug product for the period January to December 2015 can be converted to Canadian currency for comparison purposes by multiplying the local currency price in each country by the corresponding simple average exchange rate.
36 Month Average Exchange Rates Ending December 2015
Period
Ending |
France
(Euro) |
Germany
(Euro) |
Italy
(Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Dec 2015 |
1.41811389 |
1.41811389 |
1.41811389 |
0.15705556 |
1.21630000 |
1.79503611 |
1.13789167 |
New Drug Products
The simple average of the monthly average noon spot exchange rates for each country for the 36-months period ending four months before the date of the first sale of the drug product. The average exchange rates in the following table reflect the PMPRB methodology.
e.g.: A new drug product first sold in December 2013 the exchange rates used are December 2013 since the following table includes four months before the date of the first sale of the drug product as per Guidelines.
Average Exchange Rates for New Drug Products Introduced Between December 2013 and May 2016
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
December 2013 |
1.33688611 |
1.33688611 |
1.33688611 |
0.15092778 |
1.08269444 |
1.58522778 |
1.00315000 |
January 2014 |
1.33810833 |
1.33810833 |
1.33810833 |
0.15139722 |
1.08606944 |
1.58481667 |
1.00313611 |
February 2014 |
1.33889722 |
1.33889722 |
1.33889722 |
0.15174722 |
1.08850278 |
1.58570833 |
1.00316667 |
March 2014 |
1.33887500 |
1.33887500 |
1.33887500 |
0.15200556 |
1.09121111 |
1.58718611 |
1.00367778 |
April 2014 |
1.33983889 |
1.33983889 |
1.33983889 |
0.15230833 |
1.09459444 |
1.58927222 |
1.00468889 |
May 2014 |
1.34331111 |
1.34331111 |
1.34331111 |
0.15274444 |
1.09876389 |
1.59399167 |
1.00625000 |
June 2014 |
1.34778889 |
1.34778889 |
1.34778889 |
0.15328889 |
1.10356667 |
1.60041944 |
1.00903889 |
July 2014 |
1.35229167 |
1.35229167 |
1.35229167 |
0.15375278 |
1.10903889 |
1.60701944 |
1.01231389 |
Aug 2014 |
1.35692222 |
1.35692222 |
1.35692222 |
0.15429167 |
1.11454444 |
1.61447222 |
1.01603889 |
September 2014 |
1.36061111 |
1.36061111 |
1.36061111 |
0.15466667 |
1.11947222 |
1.62202222 |
1.01995278 |
October 2014 |
1.36360556 |
1.36360556 |
1.36360556 |
0.15496389 |
1.12272222 |
1.62903333 |
1.02332500 |
November 2014 |
1.36543056 |
1.36543056 |
1.36543056 |
0.15517500 |
1.12400833 |
1.63589444 |
1.02627778 |
December 2014 |
1.36791111 |
1.36791111 |
1.36791111 |
0.15539444 |
1.12491389 |
1.64392778 |
1.02957222 |
January 2015 |
1.36916667 |
1.36916667 |
1.36916667 |
0.15552778 |
1.12324167 |
1.64993333 |
1.03262500 |
February 2015 |
1.37031667 |
1.37031667 |
1.37031667 |
0.15562778 |
1.12409444 |
1.65584722 |
1.03536389 |
March 2015 |
1.37091111 |
1.37091111 |
1.37091111 |
0.15565833 |
1.12516111 |
1.66125278 |
1.03818333 |
April 2015 |
1.37155556 |
1.37155556 |
1.37155556 |
0.15567778 |
1.12642500 |
1.66586944 |
1.04115000 |
May 2015 |
1.37363333 |
1.37363333 |
1.37363333 |
0.15573056 |
1.12880278 |
1.67166667 |
1.04474722 |
June 2015 |
1.37640278 |
1.37640278 |
1.37640278 |
0.15577222 |
1.13476389 |
1.67895278 |
1.05025278 |
July 2015 |
1.37916111 |
1.37916111 |
1.37916111 |
0.15577222 |
1.14149444 |
1.68842222 |
1.05729444 |
August 2015 |
1.38061667 |
1.38061667 |
1.38061667 |
0.15577500 |
1.14703889 |
1.69716389 |
1.06473889 |
September 2015 |
1.38135556 |
1.38135556 |
1.38135556 |
0.15564722 |
1.15252222 |
1.70429444 |
1.07141944 |
October 2015 |
1.38319722 |
1.38319722 |
1.38319722 |
0.15571111 |
1.15893333 |
1.71192222 |
1.07721667 |
November 2015 |
1.38593889 |
1.38593889 |
1.38593889 |
0.15583056 |
1.16596111 |
1.72099722 |
1.08300833 |
December 2015 |
1.39066667 |
1.39066667 |
1.39066667 |
0.15596389 |
1.17460556 |
1.73269444 |
1.09058056 |
January 2016 |
1.39718333 |
1.39718333 |
1.39718333 |
0.15611111 |
1.18385556 |
1.74624444 |
1.09954722 |
February 2016 |
1.40355000 |
1.40355000 |
1.40355000 |
0.15639722 |
1.19279444 |
1.75894444 |
1.10922500 |
March 2016 |
1.40873889 |
1.40873889 |
1.40873889 |
0.15662778 |
1.20086944 |
1.77056111 |
1.11811667 |
April 2016 |
1.41272500 |
1.41272500 |
1.41272500 |
0.15674444 |
1.20787222 |
1.78237500 |
1.12731111 |
May 2016 |
1.41811389 |
1.41811389 |
1.41811389 |
0.15705556 |
1.21630000 |
1.79503611 |
1.13789167 |