Transfer dialog poll

[Egbert van der Wal]

Hi,

I think that the closer, the better. There may be a difference between 
the two conversion directions, but this difference/ratio will most 
likely be more or less fixed, regardless of the true exchange rate. This 
makes it a better 'best guess' in my opinion.

Regards,

Egbert van der Wal


On 05/12/13 18:21, Geert Janssens wrote:
> Hi,
>
> I'm looking for some input from users that frequently use the transfer dialog to set exchange
> rates/prices on transactions or while posting invoices.
>
> When this dialog pops up, it proposes a best guess for the exchange rate/price based on prices
> already found in your price db. This is really only that - a best guess. It's almost certain you will
> want to change this, either by fetching a quote online or entering a rate manually you get from
> an external source.
>
> This question is purely aimed at this best guess.
>
> Suppose your price db has two price quotes that could serve as a best guess:
> - the first is for a conversion in the exact same direction as you are entering now, but the date
> is one month off from your current transaction. So this rate may not be very accurate anymore
> for your transaction.
> - the second is for a conversion in the opposite direction, but only 1 day off from your current
> transaction. To serve as a best guess it would of course be inverted before use. This rate may
> also be inaccurate because an opposite direction conversion usually has a different value.
>
> Which of these two prices would you prefer as best guess ?
>
> I discussed this also with some developers on irc. The consensus there was that if the opposite
> direction price is at least one week closer to the transaction date, the opposite direction price
> could be preferred for the best guess.
>
> Would that formula be ok ?
>
> Remember, this is only to determine the best guess, which only serves as a rough indication to
> the user for some order of magnitude the price is supposed to be in. It is fully expected that this
> price is corrected before the dialog is closed.
>
> Geert
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