10 Assessed contributions are recognized at fair value and are stated in either US dollars or Swiss Francs. Revenue from assessed contributions denominated in Swiss Francs is translated into US Dollars, using the UNORE monthly rate in effect on 1st January.
20 Revenue from voluntary contributions is valued in the US dollars, using the UNORE monthly rate in effect when the contribution is either entered in GSM as being receivable (which is when a binding agreement is signed) or when cash is received, whichever is first. If cash is received first, the rate applied to the received portion is the UNORE in effect on that date.
30 Goods in-kind contributions are recognized at their fair value at the date of acquisition and are measured in United States dollars, using the UNORE in effect on the date the award was set up. The date of acquisition is the date when the goods in-kind contribution has been delivered to its final destination.
40 Services in-kind contributions are measured and recorded in United States dollars, using the post cost average applicable in the country where staff is assigned, using the UNORE prevailing during the period the services are received.
