National Classification Rates

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National Classification Currencies (RCC) - a normative document in status corresponds to state standards.Like other classifiers, RCC is included in the unified system of classification and coding of social, technical and economic information.

Qualifier does not contain information on exchange rates, it is impossible to find, for example, the cash dollar exchange rate.OKW - a systematized list of objects, in this case, currencies of different countries and territories of the world, each of which is assigned a code.Moreover, unlike most other classifiers than one code, but two - alphanumeric.The structure of the classifier is relatively simple compared to other - it is uncommon for a multilevel hierarchy.

National Classification Rates includes a foreword indicating data such as information about the developers of the document and the date of its approval;introduction, describing the structure of the document and its scope, the main table, and two additional applications also represent the table.

In the main table shows the numeric (three digits) and the literal currency codes, names of monetary units, as well as the countries in which these currencies go.Annexes A and B are identical to the main table with the difference that in the main table objects are sorted in ascending numerical code in Appendix A - in alphabetical order of names of currencies, in Appendix B - under the name of.

RCC is used to encode information in the statistics, accounting and banking.An example application is the use of Russian banks in the formation of customer account number numeric code currency in which the account is opened.The exception is the Russian national currency - its current code, according to the classifier - 643, however, the formation of the account numbers used code 810, in force until that occurred in 1998, the denomination.

National Classification currency was introduced with effect from July 1995 to replace All-union classification previously used, is a legacy of the Soviet era.However, in some areas of the Soviet classifier was used for some time, for example, customs, banking, currency control.The new classifier of currencies completely taken the place of the previous one only in 1997.

basis for the development of the classifier has served as an international ISO standard 4217, and to ensure consistency in the OKW were not included clearing currencies (applicable for International Settlements on the basis of a foreign exchange clearing).These currencies are classified in a separate document - the qualifier clearing currencies.

differences between RCC and ISO 4217, and although small, but still there.So, are not included in RCC some areas that do not have their own currencies and not use others.The OKW did not include some of the technical codes, available in ISO 4217, as well as currency values ​​- precious metals and foreign exchange funds.RCC does not contain information about the presence of a currency swap units.

On the basis of RCC developed and applied in the respective areas is almost identical to him Interstate classifier (for use in CIS) and the appropriate qualifier, acting in the Customs Union.

From 1995 up to the present time in the National Classification of exchange made more than 40 changes, reflecting the ongoing processes in the world - the emergence of new states, new currencies and the like.In addition to changes in the PCO it was introduced five amendments.The amendments are intended to correct that error when adopting the document.

Keeping classifier performed FSUE "Standartinform" and and the Central Bank of Russia.