UKBA says:
does the 'last day of the period of earnings' in this statement means the last day of the claiming period or the last day of the annual period of earnings when applying for ILR?An applicant should use the closing exchange rate on the OANDA website at www.oanda.com/currency/classic-converter on the last day of the period for which he/she has claimed earnings in that currency.
Eg: if the ILR application is in Aug/2013 and the applicant is showing salary between Aug/2012 to 31/Jan/2013, the rate used should be on 31st Jan 2013 right? Or should it be on the day before the ILR application, as the earnings period for ILR is broadly defined as the last 12 months immediately preceeding the application.
cheers