Artículo A14. IAS 21 Paragraph A14

In assessing whether such an observable exchange rate meets the objective in paragraph 19A , an entity shall consider, among other factors: (a) whether several observable exchange rates exist —the existence of more than one observable exchange rate might indicate that exchange rates are set to encourage, or deter, entities from obtaining the other currency for particular purposes. These observable exchange rates might include an ‘incentive’ or ‘penalty’ and therefore might not reflect the prevailing economic conditions. (b) the purpose for which the currency is exchangeable —if an entity is able to obtain the other currency only for limited purposes (such as to import emergency supplies), the observable exchange rate might not reflect the prevailing economic conditions. (c) the nature of the exchange rate —a free-floating observable exchange rate is more likely to reflect the prevailing economic conditions than an exchange rate set through regular interventions by the relevant authorities. (d) the frequency with which exchange rates are updated —an observable exchange rate unchanged over time is less likely to reflect the prevailing economic conditions than an observable exchange rate that is updated on a daily basis (or even more frequently).