Multiple currency issues

Jannick Asmus jannick.news at gmail.com
Wed Jul 9 13:33:21 EDT 2008


On 09.07.2008 18:49, Charles Day wrote:
> On Tue, Jul 8, 2008 at 5:10 PM, Jannick Asmus <jannick.news at gmail.com>
> wrote:

[snip]

>> But it
>> seems to me that the zero results are calculated because the price-db does
>> not contain a conversion rate for EUR -> USD, whereas there are price-db
>> entries for USD -> EUR.
>>
>> Is it intended that the conversion direction in the price-db cannot be
>> reversed?
>>
> 
> I don't know if that's the way it is intended to work, but that's apparently
> what is happening. There's no EUR->USD exchange rate, so zero is used and
> your 49.62  EUR income is converted to $0.  I can reproduce this.

It might not be intended due to bid/ask spreads such that the FXR 
EUR->USD is not simply calculated as the (multiplicative) inverse of FXR 
USD->EUR.

Is this perhaps the point the attributes "Bid", "Ask" etc. assigned to 
the price-db entries come into play?

Furthermore, the only FXRs I am offered for online updates are ???->EUR. 
I guess this is because my "locale" currency is EUR, but I certainly do 
not KNOW of course.
Just for the courtesy of completeness this still happens if I change the 
"default report currency" in the preferences.

I think this could be the point why Mike could not reproduce my results 
(see his posting within this thread) since I suspect his GnuCash's 
locale currency is USD. ... but this is only a guess.

If this comes true the reproduction of some FXR issues might become a 
bit subtle because of the dependency on the "locale" currency. If this 
is true samples might not give the same results if they are produced 
either west or east of the Atlantic.

> J.
>>
> -Charles

J.



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