The SKK/EUR exchange rate was relatively stable during the period reviewed, namely from early 2001 until now. It spent most of the time in a ±3% corridor off the mean value of SKK/EUR 42.63 (average for the period from 1 January 2001 until now).
The Bank of Canada states its target in terms of the headline consumer price index, and although this choice of inflation measure contrasts with the Federal Reserve's preferred index, the difference is not nearly as great as it appears on the surface.