Exchange Rates 2024
Existing Medicines
The international prices of an existing medicines for the period can be converted into Canadian currency by multiplying the price in the local currency of each country, by the corresponding exchange rate from the table below. For each country, the exchange rate is the simple average of the monthly average noon spot exchange rates for the 36-month period ending in the last month of the reporting period under review. For the January to June reporting period, the exchange rate is based on June 2024, while for the July to December reporting period, the exchange rate is based on December 2024.
| Reporting period | Australia (AUD) |
Belgium (EUR) |
France (EUR) |
Germany (EUR) |
Italy (EUR) |
Japan JPY) |
Netherlands (EUR) |
Norway (NOK) |
Spain (EUR) |
Sweden (SEK) |
United Kingdom (GBP) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| January to June | 0.90264444 | 1.43189444 | 1.43189444 | 1.43189444 | 1.43189444 | 0.00989083 | 1.43189444 | 0.13315556 | 1.43189444 | 0.13090833 | 1.66826111 |
| July to December | 0.90113889 |
1.43724722 |
1.43724722 |
1.43724722 |
1.43724722 |
0.00954250 |
1.43724722 |
0.13032500 |
1.43724722 |
0.12862778 |
1.67913611 |
New Medicines
The international prices of a new medicines introduced during the period can be converted into Canadian currency by multiplying the price in the local currency of each country, by the corresponding exchange rate from the table below. For each country, the exchange rate is the simple average of the monthly average noon spot exchange rates for the 36-month period ending four months before the date of the first sale of the drug product as per Guidelines. For the January 2024, the exchange rate is based on August 2023, while for the July 2024, the exchange rate is based on February 2024.
| Reporting period | Australia (AUD) |
Belgium (EUR) |
France (EUR) |
Germany (EUR) |
Italy (EUR) |
Japan (JPY) |
Netherlands (EUR) |
Norway (NOK) |
Spain (EUR) |
Sweden (SEK) |
United Kingdom (GBP) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| December 2024 | 0.90224444 | 1.43207222 | 1.43207222 | 1.43207222 | 1.43207222 | 0.00981694 | 1.43207222 | 0.13272222 | 1.43207222 | 0.13045556 | 1.66922500 |
| November 2024 | 0.90264444 | 1.43189444 | 1.43189444 | 1.43189444 | 1.43189444 | 0.00989083 | 1.43189444 | 0.13315556 | 1.43189444 | 0.13090833 | 1.66826111 |
| October 2024 | 0.90329167 | 1.43180278 | 1.43180278 | 1.43180278 | 1.43180278 | 0.00995806 | 1.43180278 | 0.13359722 | 1.43180278 | 0.13131944 | 1.66745000 |
| September 2024 | 0.90428611 | 1.43166944 | 1.43166944 | 1.43166944 | 1.43166944 | 0.01002306 | 1.43166944 | 0.13411667 | 1.43166944 | 0.13181944 | 1.66691111 |
| August 2024 | 0.90631389 | 1.43250000 | 1.43250000 | 1.43250000 | 1.43250000 | 0.01009472 | 1.43250000 | 0.13477222 | 1.43250000 | 0.13239722 | 1.66741389 |
| July 2024 | 0.90856667 | 1.43316667 | 1.43316667 | 1.43316667 | 1.43316667 | 0.01016472 | 1.43316667 | 0.13532500 | 1.43316667 | 0.13286944 | 1.66800278 |
| June 2024 | 0.91145556 | 1.43535278 | 1.43535278 | 1.43535278 | 1.43535278 | 0.01024861 | 1.43535278 | 0.13591667 | 1.43535278 | 0.13350000 | 1.66955278 |
| May 2024 | 0.91400000 | 1.43771389 | 1.43771389 | 1.43771389 | 1.43771389 | 0.01033417 | 1.43771389 | 0.13648889 | 1.43771389 | 0.13416111 | 1.67039722 |
| April 2024 | 0.91585556 | 1.44033056 | 1.44033056 | 1.44033056 | 1.44033056 | 0.01041806 | 1.44033056 | 0.13704444 | 1.44033056 | 0.13478333 | 1.67099444 |
| March 2024 | 0.91750278 | 1.44210278 | 1.44210278 | 1.44210278 | 1.44210278 | 0.01051139 | 1.44210278 | 0.13755000 | 1.44210278 | 0.13541389 | 1.67159444 |
| February 2024 | 0.91947500 | 1.44504722 | 1.44504722 | 1.44504722 | 1.44504722 | 0.01060556 | 1.44504722 | 0.13804722 | 1.44504722 | 0.13611389 | 1.67285833 |
| January 2024 | 0.92187778 | 1.44823611 | 1.44823611 | 1.44823611 | 1.44823611 | 0.01069944 | 1.44823611 | 0.13855556 | 1.44823611 | 0.13687500 | 1.67388333 |