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Thread: Change Fees "Gone For Good"(WW ex-USA,non-BE), credit for lower fare!, Intl&BE waiver
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Old Jun 22, 2021 | 4:42 pm
  #495  
jsloan
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Originally Posted by mduell
The neutral unit of construction (or currency) is a private currency where the exchange rates are only updated (by IATA) once a month. It's always equal to a dollar, but it may diverge from the dollar exchange rates of other currencies over the course of the month.
Oh, wait, I get it. So the actual effect is to allow them to publish a price of €999 without having to worry that it will be displayed as €997 tomorrow and €1004 on Friday due to changes in EURUSD.

You could accomplish the same thing by allowing the fare itself to include a currency code, but that would presumably take a multi-billion-dollar retrofit.

Thanks!
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