Each source has its own rhythm
The ECB publishes reference exchange rates once per working day; the World Bank updates its commodity price database every month; a geological survey may publish once a year. Labelling everything as “real time” would be false.
That's why each source in the register has an expected frequency and a tolerance window. A figure's status is calculated by comparing the date of its last successful update with that window.
The statuses
These are the statuses you'll see next to the data:
- Updated: within the source's expected frequency.
- Update pending: the window has passed recently, still within the grace period.
- Out of date: the last valid figure is shown, but it has exceeded its window.
- Source unavailable: the provider isn't responding or the connector has failed; the last valid figure is kept and marked as such.
- Unknown date: the source doesn't give a reliable date.
- Estimate: it's a modelled value, not an observation.
What we do when a source fails
We never replace a value with zero or with made-up data. We keep the last valid value, mark it as old, log the error, retry within limits and alert the team if the failure repeats.
Sources
Informational content. It doesn't constitute financial, tax or investment advice.