Exchange Rates 2004
Return to Exchange Rates
Table Of Contents
- December 2004
- November 2004
- October 2004
- September 2004
- August 2004
- July 2004
- June 2004
- May 2004
- April 2004
- March 2004
- February 2004
- January 2004
December 2004
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in 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 2004 will be used in the review of prices for existing medicines in the second half of 2004.
The international prices of an existing drug product for the period January to December 2004 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 2004
Period Ending |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Dec 2004 |
1.56097500 |
1.56097500 |
1.56097500 |
0.17088056 |
1.03343056 |
2.34335833 |
1.42421389 |
New Drug Products
Average Exchange Rates for New Drug Products Introduced from June 2004 to May 2005
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
June 2004 |
1.49070278 |
1.49070278 |
1.49070278 |
0.16237222 |
0.99403333 |
2.29625278 |
1.50098056 |
July 2004 |
1.49847778 |
1.49847778 |
1.49847778 |
0.16312500 |
0.99836944 |
2.30383056 |
1.49562500 |
Aug 2004 |
1.50440833 |
1.50440833 |
1.50440833 |
0.16371667 |
1.00164722 |
2.30868611 |
1.48923333 |
Sep 2004 |
1.51046667 |
1.51046667 |
1.51046667 |
0.16435000 |
1.00512778 |
2.31377222 |
1.48326111 |
Oct 2004 |
1.51900000 |
1.51900000 |
1.51900000 |
0.16525556 |
1.01057778 |
2.32117778 |
1.47872778 |
Nov 2004 |
1.52868333 |
1.52868333 |
1.52868333 |
0.16633889 |
1.01702778 |
2.33073889 |
1.47409722 |
Dec 2004 |
1.53711667 |
1.53711667 |
1.53711667 |
0.16728333 |
1.02233056 |
2.33833333 |
1.46830556 |
Jan 2005 |
1.54295833 |
1.54295833 |
1.54295833 |
0.16798056 |
1.02573611 |
2.34311667 |
1.46196111 |
Feb 2005 |
1.54698333 |
1.54698333 |
1.54698333 |
0.16869722 |
1.02740000 |
2.34351944 |
1.45418611 |
Mar 2005 |
1.55079444 |
1.55079444 |
1.55079444 |
0.16935000 |
1.02880278 |
2.34282222 |
1.44517778 |
Apr 2005 |
1.55473333 |
1.55473333 |
1.55473333 |
0.16998333 |
1.03041111 |
2.34121944 |
1.43416944 |
May 2005 |
1.56097500 |
1.56097500 |
1.56097500 |
0.17088056 |
1.03343056 |
2.34335833 |
1.42421389 |
For more information call our toll-free number: 1 877 861-2350
November 2004
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in 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 2004 will be used in the review of prices for existing medicines in the first half of 2004.
The international prices of an existing drug product for the period January to June 2004 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 2004
Period Ending |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Jun 2004 |
1.52868333 |
1.52868333 |
1.52868333 |
0.16633889 |
1.01702778 |
2.33073889 |
1.47409722 |
New Drug Products
Average Exchange Rates for New Drug Products Introduced from May 2004 to April 2005
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
May 2004 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
June 2004 |
1.49070278 |
1.49070278 |
1.49070278 |
0.16237222 |
0.99403333 |
2.29625278 |
1.50098056 |
July 2004 |
1.49847778 |
1.49847778 |
1.49847778 |
0.16312500 |
0.99836944 |
2.30383056 |
1.49562500 |
Aug 2004 |
1.50440833 |
1.50440833 |
1.50440833 |
0.16371667 |
1.00164722 |
2.30868611 |
1.48923333 |
Sep 2004 |
1.51046667 |
1.51046667 |
1.51046667 |
0.16435000 |
1.00512778 |
2.31377222 |
1.48326111 |
Oct 2004 |
1.51900000 |
1.51900000 |
1.51900000 |
0.16525556 |
1.01057778 |
2.32117778 |
1.47872778 |
Nov 2004 |
1.52868333 |
1.52868333 |
1.52868333 |
0.16633889 |
1.01702778 |
2.33073889 |
1.47409722 |
Dec 2004 |
1.53711667 |
1.53711667 |
1.53711667 |
0.16728333 |
1.02233056 |
2.33833333 |
1.46830556 |
Jan 2005 |
1.54295833 |
1.54295833 |
1.54295833 |
0.16798056 |
1.02573611 |
2.34311667 |
1.46196111 |
Feb 2005 |
1.54698333 |
1.54698333 |
1.54698333 |
0.16869722 |
1.02740000 |
2.34351944 |
1.45418611 |
Mar 2005 |
1.55079444 |
1.55079444 |
1.55079444 |
0.16935000 |
1.02880278 |
2.34282222 |
1.44517778 |
Apr 2005 |
1.55473333 |
1.55473333 |
1.55473333 |
0.16998333 |
1.03041111 |
2.34121944 |
1.43416944 |
For more information call our toll-free number: 1 877 861-2350.
October 2004
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in 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 2004 will be used in the review of prices for existing medicines in the first half of 2004.
The international prices of an existing drug product for the period January to June 2004 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 2004
Period Ending |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Jun 2004 |
1.52868333 |
1.52868333 |
1.52868333 |
0.16633889 |
1.01702778 |
2.33073889 |
1.47409722 |
New Drug Products
Average Exchange Rates for New Drug Products Introduced from April 2004 to March 2005
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Apr 2004 |
1.47751389 |
1.47751389 |
1.47751389 |
0.16120556 |
0.98684444 |
2.29029167 |
1.51255833 |
May 2004 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
June 2004 |
1.49070278 |
1.49070278 |
1.49070278 |
0.16237222 |
0.99403333 |
2.29625278 |
1.50098056 |
July 2004 |
1.49847778 |
1.49847778 |
1.49847778 |
0.16312500 |
0.99836944 |
2.30383056 |
1.49562500 |
Aug 2004 |
1.50440833 |
1.50440833 |
1.50440833 |
0.16371667 |
1.00164722 |
2.30868611 |
1.48923333 |
Sep 2004 |
1.51046667 |
1.51046667 |
1.51046667 |
0.16435000 |
1.00512778 |
2.31377222 |
1.48326111 |
Oct 2004 |
1.51900000 |
1.51900000 |
1.51900000 |
0.16525556 |
1.01057778 |
2.32117778 |
1.47872778 |
Nov 2004 |
1.52868333 |
1.52868333 |
1.52868333 |
0.16633889 |
1.01702778 |
2.33073889 |
1.47409722 |
Dec 2004 |
1.53711667 |
1.53711667 |
1.53711667 |
0.16728333 |
1.02233056 |
2.33833333 |
1.46830556 |
Jan 2005 |
1.54295833 |
1.54295833 |
1.54295833 |
0.16798056 |
1.02573611 |
2.34311667 |
1.46196111 |
Feb 2005 |
1.54698333 |
1.54698333 |
1.54698333 |
0.16869722 |
1.02740000 |
2.34351944 |
1.45418611 |
Mar 2005 |
1.55079444 |
1.55079444 |
1.55079444 |
0.16935000 |
1.02880278 |
2.34282222 |
1.44517778 |
For more information call our toll-free number: 1 877 861-2350
September 2004
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in 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 2004 will be used in the review of prices for existing medicines in the first half of 2004.
The international prices of an existing drug product for the period January to June 2004 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 2004
Period Ending |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Jun 2004 |
1.52868333 |
1.52868333 |
1.52868333 |
0.16633889 |
1.01702778 |
2.33073889 |
1.47409722 |
New Drug Products
Average Exchange Rates for New Drug Products Introduced from February 2004 to January 2005
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Mar 2004 |
1.47137500 |
1.47137500 |
1.47137500 |
0.16069167 |
0.98349444 |
2.28963889 |
1.51893611 |
Apr 2004 |
1.47751389 |
1.47751389 |
1.47751389 |
0.16120556 |
0.98684444 |
2.29029167 |
1.51255833 |
May 2004 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
June 2004 |
1.49070278 |
1.49070278 |
1.49070278 |
0.16237222 |
0.99403333 |
2.29625278 |
1.50098056 |
July 2004 |
1.49847778 |
1.49847778 |
1.49847778 |
0.16312500 |
0.99836944 |
2.30383056 |
1.49562500 |
Aug 2004 |
1.50440833 |
1.50440833 |
1.50440833 |
0.16371667 |
1.00164722 |
2.30868611 |
1.48923333 |
Sep 2004 |
1.51046667 |
1.51046667 |
1.51046667 |
0.16435000 |
1.00512778 |
2.31377222 |
1.48326111 |
Oct 2004 |
1.51900000 |
1.51900000 |
1.51900000 |
0.16525556 |
1.01057778 |
2.32117778 |
1.47872778 |
Nov 2004 |
1.52868333 |
1.52868333 |
1.52868333 |
0.16633889 |
1.01702778 |
2.33073889 |
1.47409722 |
Dec 2004 |
1.53711667 |
1.53711667 |
1.53711667 |
0.16728333 |
1.02233056 |
2.33833333 |
1.46830556 |
Jan 2005 |
1.54295833 |
1.54295833 |
1.54295833 |
0.16798056 |
1.02573611 |
2.34311667 |
1.46196111 |
Feb 2005 |
1.54698333 |
1.54698333 |
1.54698333 |
0.16869722 |
1.02740000 |
2.34351944 |
1.45418611 |
For more information call our toll-free number: 1 877 861-2350
August 2004
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in 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 2004 will be used in the review of prices for existing medicines in the first half of 2004.
The international prices of an existing drug product for the period January to June 2004 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 2004
Period Ending |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Jun 2004 |
1.52868333 |
1.52868333 |
1.52868333 |
0.16633889 |
1.01702778 |
2.33073889 |
1.47409722 |
New Drug Products
Average Exchange Rates for New Drug Products Introduced from February 2004 to January 2005
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Feb 2004 |
1.46417778 |
1.46417778 |
1.46417778 |
0.16012222 |
0.97940000 |
2.28892778 |
1.52422778 |
Mar 2004 |
1.47137500 |
1.47137500 |
1.47137500 |
0.16069167 |
0.98349444 |
2.28963889 |
1.51893611 |
Apr 2004 |
1.47751389 |
1.47751389 |
1.47751389 |
0.16120556 |
0.98684444 |
2.29029167 |
1.51255833 |
May 2004 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
June 2004 |
1.49070278 |
1.49070278 |
1.49070278 |
0.16237222 |
0.99403333 |
2.29625278 |
1.50098056 |
July 2004 |
1.49847778 |
1.49847778 |
1.49847778 |
0.16312500 |
0.99836944 |
2.30383056 |
1.49562500 |
Aug 2004 |
1.50440833 |
1.50440833 |
1.50440833 |
0.16371667 |
1.00164722 |
2.30868611 |
1.48923333 |
Sep 2004 |
1.51046667 |
1.51046667 |
1.51046667 |
0.16435000 |
1.00512778 |
2.31377222 |
1.48326111 |
Oct 2004 |
1.51900000 |
1.51900000 |
1.51900000 |
0.16525556 |
1.01057778 |
2.32117778 |
1.47872778 |
Nov 2004 |
1.52868333 |
1.52868333 |
1.52868333 |
0.16633889 |
1.01702778 |
2.33073889 |
1.47409722 |
Dec 2004 |
1.53711667 |
1.53711667 |
1.53711667 |
0.16728333 |
1.02233056 |
2.33833333 |
1.46830556 |
Jan 2005 |
1.54295833 |
1.54295833 |
1.54295833 |
0.16798056 |
1.02573611 |
2.34311667 |
1.46196111 |
For more information call our toll-free number: 1 877 861-2350
July 2004
Revised July 9, 2004(corrections highlighted)
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in 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 2004 will be used in the review of prices for existing medicines in the first half of 2004.
The international prices of an existing drug product for the period January to June 2004 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 2004
Period Ending |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Jun 2004 |
1.52868333 |
1.52868333 |
1.52868333 |
0.16633889 |
1.01702778 |
2.33073889 |
1.47409722 |
New Drug Products
Average Exchange Rates for New Drug Products Introduced from January 2004 to December 2004
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Jan 2004 |
1.45741667 |
1.45741667 |
1.45741667 |
0.15967500 |
0.97531667 |
2.28693889 |
1.52764444 |
Feb 2004 |
1.46417778 |
1.46417778 |
1.46417778 |
0.16012222 |
0.97940000 |
2.28892778 |
1.52422778 |
Mar 2004 |
1.47137500 |
1.47137500 |
1.47137500 |
0.16069167 |
0.98349444 |
2.28963889 |
1.51893611 |
Apr 2004 |
1.47751389 |
1.47751389 |
1.47751389 |
0.16120556 |
0.98684444 |
2.29029167 |
1.51255833 |
May 2004 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
June 2004 |
1.49070278 |
1.49070278 |
1.49070278 |
0.16237222 |
0.99403333 |
2.29625278 |
1.50098056 |
July 2004 |
1.49847778 |
1.49847778 |
1.49847778 |
0.16312500 |
0.99836944 |
2.30383056 |
1.49562500 |
Aug 2004 |
1.50440833 |
1.50440833 |
1.50440833 |
0.16371667 |
1.00164722 |
2.30868611 |
1.48923333 |
Sep 2004 |
1.51046667 |
1.51046667 |
1.51046667 |
0.16435000 |
1.00512778 |
2.31377222 |
1.48326111 |
Oct 2004 |
1.51900000 |
1.51900000 |
1.51900000 |
0.16525556 |
1.01057778 |
2.32117778 |
1.47872778 |
Nov 2004 |
1.52868333 |
1.52868333 |
1.52868333 |
0.16633889 |
1.01702778 |
2.33073889 |
1.47409722 |
Dec 2004 |
1.53711667 |
1.53711667 |
1.53711667 |
0.16728333 |
1.02233056 |
2.33833333 |
1.46830556 |
For more information call our toll-free number: 1 877 861-2350
June 2004
Revised (corrections highlighted)
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in 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 2004 will be used in the review of prices for existing medicines in the first half of 2004.
The international prices of an existing drug product for the period January to June 2004 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 2004
Period Ending |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Jun 2004 |
1.52868333 |
1.52868333 |
1.52868333 |
0.16633889 |
1.01702778 |
2.33073889 |
1.47409722 |
New Drug Products
Average Exchange Rates for New Drug Products Introduced from December 2003 to November 2004
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Dec 2003 |
1.45143889 |
1.45143889 |
1.45143889 |
0.15943333 |
0.97127500 |
2.28646667 |
1.53005556 |
Jan 2004 |
1.45741667 |
1.45741667 |
1.45741667 |
0.15967500 |
0.97531667 |
2.28693889 |
1.52764444 |
Feb 2004 |
1.46417778 |
1.46417778 |
1.46417778 |
0.16012222 |
0.97940000 |
2.28892778 |
1.52422778 |
Mar 2004 |
1.47137500 |
1.47137500 |
1.47137500 |
0.16069167 |
0.98349444 |
2.28963889 |
1.51893611 |
Apr 2004 |
1.47751389 |
1.47751389 |
1.47751389 |
0.16120556 |
0.98684444 |
2.29029167 |
1.51255833 |
May 2004 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
June 2004 |
1.49070278 |
1.49070278 |
1.49070278 |
0.16237222 |
0.99403333 |
2.29625278 |
1.50098056 |
July 2004 |
1.49847778 |
1.49847778 |
1.49847778 |
0.16312500 |
0.99836944 |
2.30383056 |
1.49562500 |
Aug 2004 |
1.50440833 |
1.50440833 |
1.50440833 |
0.16371667 |
1.00164722 |
2.30868611 |
1.48923333 |
Sep 2004 |
1.51046667 |
1.51046667 |
1.51046667 |
0.16435000 |
1.00512778 |
2.31377222 |
1.48326111 |
Oct 2004 |
1.51900000 |
1.51900000 |
1.51900000 |
0.16525556 |
1.01057778 |
2.32117778 |
1.47872778 |
Nov 2004 |
1.52868333 |
1.52868333 |
1.52868333 |
0.16633889 |
1.01702778 |
2.33073889 |
1.47409722 |
For more information call our toll-free number: 1 877 861-2350
May 2004
Revised July 9, 2004 (corrections highlighted)
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in 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 2003 will be used in the review of prices for existing medicines in the second half of 2003.
The international prices of an existing drug product for the period January to December 2003 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 2003
Period Ending |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Dec 2003 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
New Drug Products
Average Exchange Rates for New Drug Products Introduced from November 2003 to October 2004
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Nov 2003 |
1.44636944 |
1.44636944 |
1.44636944 |
0.15927222 |
0.96793889 |
2.28611111 |
1.53273333 |
Dec 2003 |
1.45143889 |
1.45143889 |
1.45143889 |
0.15943333 |
0.97127500 |
2.28646667 |
1.53005556 |
Jan 2004 |
1.45741667 |
1.45741667 |
1.45741667 |
0.15967500 |
0.97531667 |
2.28693889 |
1.52764444 |
Feb 2004 |
1.46417778 |
1.46417778 |
1.46417778 |
0.16012222 |
0.97940000 |
2.28892778 |
1.52422778 |
Mar 2004 |
1.47137500 |
1.47137500 |
1.47137500 |
0.16069167 |
0.98349444 |
2.28963889 |
1.51893611 |
Apr 2004 |
1.47751389 |
1.47751389 |
1.47751389 |
0.16120556 |
0.98684444 |
2.29029167 |
1.51255833 |
May 2004 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
June 2004 |
1.49070278 |
1.49070278 |
1.49070278 |
0.16237222 |
0.99403333 |
2.29625278 |
1.50098056 |
July 2004 |
1.49847778 |
1.49847778 |
1.49847778 |
0.16312500 |
0.99836944 |
2.30383056s |
1.49562500 |
Aug 2004 |
1.50440833 |
1.50440833 |
1.50440833 |
0.16371667 |
1.00164722 |
2.30868611 |
1.48923333 |
Sep 2004 |
1.51046667 |
1.51046667 |
1.51046667 |
0.16435000 |
1.00512778 |
2.31377222 |
1.48326111 |
Oct 2004 |
1.51900000 |
1.51900000 |
1.51900000 |
0.16525556 |
1.01057778 |
2.32117778 |
1.47872778 |
For more information call our toll-free number: 1 877 861-2350
April 2004
Revised July 9, 2004 (corrections highlighted)
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in 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 2003 will be used in the review of prices for existing medicines in the second half of 2003.
The international prices of an existing drug product for the period January to December 2003 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 2003
Period Ending |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Dec 2003 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
New Drug Products
Average Exchange Rates for New Drug Products Introduced from October 2003 to September 2004
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Oct 2003 |
1.44151111 |
1.44151111 |
1.44151111 |
0.15915278 |
0.96445556 |
2.28565000 |
1.53619167 |
Nov 2003 |
1.44636944 |
1.44636944 |
1.44636944 |
0.15927222 |
0.96793889 |
2.28611111 |
1.53273333 |
Dec 2003 |
1.45143889 |
1.45143889 |
1.45143889 |
0.15943333 |
0.97127500 |
2.28646667 |
1.53005556 |
Jan 2004 |
1.45741667 |
1.45741667 |
1.45741667 |
0.15967500 |
0.97531667 |
2.28693889 |
1.52764444 |
Feb 2004 |
1.46417778 |
1.46417778 |
1.46417778 |
0.16012222 |
0.97940000 |
2.28892778 |
1.52422778 |
Mar 2004 |
1.47137500 |
1.47137500 |
1.47137500 |
0.16069167 |
0.98349444 |
2.28963889 |
1.51893611 |
Apr 2004 |
1.47751389 |
1.47751389 |
1.47751389 |
0.16120556 |
0.98684444 |
2.29029167 |
1.51255833 |
May 2004 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
June 2004 |
1.49070278 |
1.49070278 |
1.49070278 |
0.16237222 |
0.99403333 |
2.29625278 |
1.50098056 |
July 2004 |
1.49847778 |
1.49847778 |
1.49847778 |
0.16312500 |
0.99836944 |
2.30383056 |
1.49562500 |
Aug 2004 |
1.50440833 |
1.50440833 |
1.50440833 |
0.16371667 |
1.00164722 |
2.30868611 |
1.48923333 |
Sep 2004 |
1.51046667 |
1.51046667 |
1.51046667 |
0.16435000 |
1.00512778 |
2.31377222 |
1.48326111 |
For information, please call our toll-free number: 1 877 861-2350.
March 2004
Revised April 5, 2004 (corrections highlighted)
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in 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 2003 will be used in the review of prices for existing medicines in the second half of 2003.
The international prices of an existing drug product for the period January to December 2003 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 2003
Period Ending |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Dec 2003 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
New Drug Products
Average Exchange Rates for New Drug Products Introduced from September 2003 to August 2004
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Sep 2003 |
1.43472778 |
1.43472778 |
1.43472778 |
0.15886389 |
0.95930278 |
2.28593611 |
1.53927500 |
Oct 2003 |
1.44151111 |
1.44151111 |
1.44151111 |
0.15915278 |
0.96445556 |
2.28565000 |
1.53619167 |
Nov 2003 |
1.44636944 |
1.44636944 |
1.44636944 |
0.15927222 |
0.96793889 |
2.28611111 |
1.53273333 |
Dec 2003 |
1.45143889 |
1.45143889 |
1.45143889 |
0.15943333 |
0.97127500 |
2.28646667 |
1.53005556 |
Jan 2004 |
1.45741667 |
1.45741667 |
1.45741667 |
0.15967500 |
0.97531667 |
2.28693889 |
1.52764444 |
Feb 2004 |
1.46417778 |
1.46417778 |
1.46417778 |
0.16012222 |
0.97940000 |
2.28892778 |
1.52422778 |
Mar 2004 |
1.47137500 |
1.47137500 |
1.47137500 |
0.16069167 |
0.98349444 |
2.28963889 |
1.51893611 |
Apr 2004 |
1.47751389 |
1.47751389 |
1.47751389 |
0.16120556 |
0.98684444 |
2.29029167 |
1.51255833 |
May 2004 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
June 2004 |
1.49070278 |
1.49070278 |
1.49070278 |
0.16237222 |
0.99403333 |
2.29625278 |
1.50098056 |
July 2004 |
1.49847778 |
1.49847778 |
1.49847778 |
0.16312500 |
0.99836944 |
2.30383056 |
1.49562500 |
Aug 2004 |
1.50440833 |
1.50440833 |
1.50440833 |
0.16371667 |
1.00164722 |
2.30868611 |
1.48923333 |
For information, please call our toll-free number: 1 877 861-2350.
February 2004
Revised March 8, 2004 (corrections highlighted)
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in 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 2003 will be used in the review of prices for existing medicines in the second half of 2003.
The international prices of an existing drug product for the period January to December 2003 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 2003
Period Ending |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Dec 2003 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
New Drug Products
Average Exchange Rates for New Drug Products Introduced from August 2003 to July 2004
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Aug 2003 |
1.42928333 |
1.42928333 |
1.42928333 |
0.15872500 |
0.95440556 |
2.28673056 |
1.53955000 |
Sep 2003 |
1.43472778 |
1.43472778 |
1.43472778 |
0.15886389 |
0.95930278 |
2.28593611 |
1.53927500 |
Oct 2003 |
1.44151111 |
1.44151111 |
1.44151111 |
0.15915278 |
0.96445556 |
2.28565000 |
1.53619167 |
Nov 2003 |
1.44636944 |
1.44636944 |
1.44636944 |
0.15927222 |
0.96793889 |
2.28611111 |
1.53273333 |
Dec 2003 |
1.45143889 |
1.45143889 |
1.45143889 |
0.15943333 |
0.97127500 |
2.28646667 |
1.53005556 |
Jan 2004 |
1.45741667 |
1.45741667 |
1.45741667 |
0.15967500 |
0.97531667 |
2.28693889 |
1.52764444 |
Feb 2004 |
1.46417778 |
1.46417778 |
1.46417778 |
0.16012222 |
0.97940000 |
2.28892778 |
1.52422778 |
Mar 2004 |
1.47137500 |
1.47137500 |
1.47137500 |
0.16069167 |
0.98349444 |
2.28963889 |
1.51893611 |
Apr 2004 |
1.47751389 |
1.47751389 |
1.47751389 |
0.16120556 |
0.98684444 |
2.29029167 |
1.51255833 |
May 2004 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
June 2004 |
1.49070278 |
1.49070278 |
1.49070278 |
0.16237222 |
0.99403333 |
2.29625278 |
1.50098056 |
July 2004 |
1.49847778 |
1.49847778 |
1.49847778 |
0.16312500 |
0.99836944 |
2.30383056 |
1.49562500 |
For information, please call our toll-free number: 1 877 861-2350.
January 2004
The methodology for calculating exchange rates for purposes of the PMPRB's International Price Comparisons is described in 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 2003 will be used in the review of prices for existing medicines in the second half of 2003.
The international prices of an existing drug product for the period January to December 2003 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 2003
Period Ending |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
Dec 2003 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
New Drug Products
Average Exchange Rates for New Drug Products Introduced from July 2003 to June 2004
Month of Introduction |
France (Euro) |
Germany (Euro) |
Italy (Euro) |
Sweden |
Switzerland |
United Kingdom |
United States |
July 2003 |
1.42414722 |
1.42414722 |
1.42414722 |
0.15859167 |
0.94866944 |
2.28595833 |
1.53912500 |
Aug 2003 |
1.42928333 |
1.42928333 |
1.42928333 |
0.15872500 |
0.95440556 |
2.28673056 |
1.53955000 |
Sep 2003 |
1.43472778 |
1.43472778 |
1.43472778 |
0.15886389 |
0.95930278 |
2.28593611 |
1.53927500 |
Oct 2003 |
1.44151111 |
1.44151111 |
1.44151111 |
0.15915278 |
0.96445556 |
2.28565000 |
1.53619167 |
Nov 2003 |
1.44636944 |
1.44636944 |
1.44636944 |
0.15927222 |
0.96793889 |
2.28611111 |
1.53273333 |
Dec 2003 |
1.45143889 |
1.45143889 |
1.45143889 |
0.15943333 |
0.97127500 |
2.28646667 |
1.53005556 |
Jan 2004 |
1.45741667 |
1.45741667 |
1.45741667 |
0.15967500 |
0.97531667 |
2.28693889 |
1.52764444 |
Feb 2004 |
1.46417778 |
1.46417778 |
1.46417778 |
0.16012222 |
0.97940000 |
2.28892778 |
1.52422778 |
Mar 2004 |
1.47137500 |
1.47137500 |
1.47137500 |
0.16069167 |
0.98349444 |
2.28963889 |
1.51893611 |
Apr 2004 |
1.47751389 |
1.47751389 |
1.47751389 |
0.16120556 |
0.98684444 |
2.29029167 |
1.51255833 |
May 2004 |
1.48441667 |
1.48441667 |
1.48441667 |
0.16180000 |
0.99062500 |
2.29230556 |
1.50673611 |
June 2004 |
1.49070278 |
1.49070278 |
1.49070278 |
0.16237222 |
0.99403333 |
2.29625278 |
1.50098056 |
For information, please call our toll-free number: 1 877 861-2350.