There are two types of formats generally recognized as XLS: Excel 5.0/95 "BIFF5" and Excel 97-2003 "BIFF8". The former uses a language-specific codepage like 1252 and the latter can use a language-specific codepage or the more general 1200 (UTF16LE).

Here is the master list of codepages used by Excel: https://github.com/SheetJS/js-codepage/blob/master/excel.csv (disclaimer: I built this as part of the in-browser XLS parser https://github.com/SheetJS/js-xls)