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About SMBS

SMBS baner

title

  • Basic Exchange RateBasic Exchange Rate
  • Arbitrated Basic Exchange RateArbitrated Basic Exchange Rate
  • Forward Evaluation Exchange Rate

Forward Evaluation Exchange Rate

Forward Evaluation Exchange Rate is the average of the forward exchange rates 
estimated and offered by major foreign exchange banks and it is used to evaluate assets and liabilities denominated in foreign currency held by financial institutions and business entities. Its tenure includes 1 week, 1, 2, 3, 6, 9 month(s), 1, 2, 3 year(s).

Forward Evaluation Exchange Rate
Calculation

Calculated by finding the average of forward exchange rate of the U.S. dollar for various lengths of time obtained from 9 major domestic foreign exchange banks on the last business day of the month

Notification

- SMBS Electronic Broking System (EBS) and Homepage
- Information providers on and offshore (Reuters: KFTC18, InfoMax 2201, Bloomberg News etc)

Hours 16:30 of the last business day of each month