The following table provides the daily exchange rate prices for the ETA, per ETA policy. ETA pays all current payables each Friday based upon the Thursday Settlement Price for EUR/CSPR. All other columns are informational only.
Spot prices for EURUSD and CSPR are calculated as the daily (full day) (Open + High + Low + Close) / 4.
The Settlement Prices are calculated as the 7 day Volume Weighted Moving Average of the Spot Price.
Budget Prices are calculated as the 21 day Volume Weighted Moving Average of the Spot Price less 1.8 times the 21 day standard deviation of the Spot Price. Budget prices are used to calculate the remaining value of the ETA treasuries to ensure the Association doesn't over commit itself in grant giving.
The red highlighted rows in the table below are the prices for each Thursday of the week. These are the prices used by the ETA for calculating Casper amounts for payment on the respective following Fridays.
| Date | Average Spot Price ($) | ETA Settlement Price ($) | ETA Budget Price ($) | EUR/USD FX Average Rate | Average Spot Price (€) | ETA Settlement Price (€) | ETA Budget Price (€) |
|---|---|---|---|---|---|---|---|
| 2021-07-02 | $0.13150 | $0.13574 | $0.11528 | 1.18462 | €0.11101 | €0.11459 | €0.09731 |
| 2021-07-01 | $0.14020 | $0.14020 | $0.12049 | 1.18564 | €0.11825 | €0.11825 | €0.10162 |