The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the Peterborough region. Included is a guide to the average contractor rates offered in IT contracts that have cited Foreign Exchange (FX) over the 3 months to 29 January 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
29 Jan 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank - 24 -
Contract jobs citing Foreign Exchange (FX) 0 1 0
As % of all contract IT jobs located in Peterborough - 0.75% -
As % of the Miscellaneous category - 3.03% -
Number of daily rates quoted 0 1 0
Average daily rate
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- £400 -
UK excluding London average daily rate £415 £425 £425
% change year-on-year
-2.35% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £11.38 - -
Foreign Exchange (FX)
Cambridgeshire

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Peterborough region.

Miscellaneous Category
Peterborough
Contract IT job ads with a match in the
Miscellaneous category
45 33 17
As % of all contract IT jobs located in Peterborough 27.44% 24.81% 11.26%
Number of daily rates quoted 34 10 6
Average daily rate £376 £165 £425
Average daily rate % change year-on-year
+128.03% -61.17%
90% offered a daily rate of more than £110 £125 £288
10% offered a daily rate of more than £450 £400 £515
UK excluding London average daily rate £370 £350 £338
% change year-on-year
+5.57% +3.70%
Number of hourly rates quoted 3 2 4
Average hourly rate £14.00 £20.75 £32.50
Average hourly rate % change year-on-year
-32.53% -36.15%
UK excluding London average hourly rate £18.00 £17.50 £20.00
% change year-on-year
+2.85% -12.50%

Foreign Exchange (FX)
Jobs Demand Trend in Peterborough

This chart provides a 3-month moving total of IT contractor jobs citing Foreign Exchange (FX) across the Peterborough region as a proportion of the total demand within the Miscellaneous category.

Foreign Exchange (FX) Jobs Demand Trend in Peterborough

Foreign Exchange (FX)
Daily Rate Trend in Peterborough

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Foreign Exchange (FX) across the Peterborough region.

Foreign Exchange (FX) Daily Rate Trend in Peterborough