iata rounding

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ROUNDING REMEMBER AFTER CONVERTING TO LOCAL CURRENCY ALWAYS ROUND UP (EXCEPT FOR USD AND MALTESE LIRE) THIS IS BECAUSE NUC’S ARE BASED ON USD AND WHEN WE ARE CONVERTING TO A DIFFERENRT CURRENCY WE ARE TAKING INTO CONSIDERATION THE RISE AND FALL’S OF THE DOLLAR AGAINST OTHER CURRENCIES

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Understanding rounding (IATA)

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Page 1: IATA Rounding

ROUNDING

REMEMBER AFTER CONVERTING TO LOCAL CURRENCY ALWAYS ROUND UP (EXCEPT FOR USD AND MALTESE LIRE)

THIS IS BECAUSE NUC’S ARE BASED ON USD AND WHEN WE ARE CONVERTING TO A DIFFERENRT CURRENCY WE ARE TAKING INTO

CONSIDERATION THE RISE AND FALL’S OF THE DOLLAR AGAINST OTHER CURRENCIES

Page 2: IATA Rounding

• IF YOU ARE ROUDING UP TO 10 THERE WILL ALWAYS BE A 0 AT THE END OF YOUR FIGURE

• IF YOU ARE ROUDING UP TO 100 THERE WILL ALWAYS BE A 00 AT THE END OF YOUR FIGURE

• IF YOU ARE ROUDING UP TO 1000 THERE WILL ALWAYS BE A 000 AT THE END OF YOUR FIGURE

Page 3: IATA Rounding

• For ticketing purposes all NUC calculations shall be carried out to two decimals, decimals beyond two shall be disregarded.

• IF FOR EXAMPLE THE FINAL NUC CALCULATION IS:

• 12345 . 5678• WE ONLY LOOK AT 2 DECIMALS AFTER THE POINT

• 12345 . 5678

Page 4: IATA Rounding

LETS LOOK AT YOUR ROE PAGETAX ONLYMultiply NUC fare rate/

charge by the followingrate of exchange:

And round up the resulting amount to the nexthigher unit as listed below:

Page 5: IATA Rounding

LETS SAY ON YOUR CLACULATOR YOUR CONVERSION COMES TO $2456.003NZD AND THE DECIMAL UNIT BOX SAYS 2 WE LOOK AT THE AMOUNT AND ONLY SHOW TO 2 DECIMALS$2456.00IF IT SAY “0” DECIMALS IN CHARTAND YOU HAVE 123457000.00 JPY (JAPANESE YEN) THE ANSWER WOULD BE 123457000(NO DECIMAL POINT!)

Page 6: IATA Rounding

LOOK AT ALGERIA

• LETS SAY NUC IS 567.86 NUC• 567.86 X ROE 72.159000 = 40976 . 20974LEK• WE ONLY LOOK AT 40976 . 20974LEK• CHARTS SAY ROUND UP TO NEAREST 10• 40976 . 20 LEK = 40980 LEK

Page 7: IATA Rounding

• THE NUC IS 561.34• 561.34 X ROE 1.301754 = 739 . 601079AUD• ROUND UP TO NEAREST 1• 739 . 601079AUD IGNORE ANYTHING AFTER 2 DECIMALS

739.60AUD= 740.00

HUNDS TENS ONES

7 3 9 . 6 0

Part of a whole numberWhole numbers

Page 8: IATA Rounding

LETS LOOK AT BENIN,AFRICA

• AIRFARE IS 234567.98NUC• 2345.67 X ROE 952 = 2233077.84 Africaine franc (XOF);

• ROUND UP TO NEAREST 100

• 2233077.84 =2233100 (NO DECIMALS SEE CHART)

MILL HUND OF THOU

TENS OF THOU

THOU HUN TENS ONES

2 2 3 3 0 7 7 . 8 4

Page 9: IATA Rounding

EXAMPLE :

• NUC 721.87 multiplied by ROE• (NUC 1 = LSL 7.723499) into Lesotho Loti =• LSL 5575.3622 =• LSL 5580 (rounding according to NUC

Conversion Factors Table).

Page 10: IATA Rounding

LOOK OUT FOR NOTES

• CHECK THE NOTES• NUMBER 5 WHICH

MOST OFTEN RELATES TO FARES SHOWN IN USD

• YOU ALWAYS ROUND UP IF OVER 0.5 AND DOWN IF UNDER 0.5