The Value Of Recognizing International Conversions

Currency ConversionsEffortlessly calculate currency conversions between extra than 200 world currencies, plus all the old legacy European currencies, some globe legacy currencies and even unrecognized currencies and virtual currencies (like the Linden Dollar from Second Life). The pivot currency serves as the only specified reporting currency in the reporting currency example, the pivot currency can be set to United States dollars (USD), and the fact table retailers transactions in euros (EUR), Australian dollars (AUD), and Mexican pesos (MXN).

One more alternative is an international currency card, such as these offered by American Express or MasterCard They can be pre-loaded with 1 or far more foreign currencies, for those looking for to play one nation’s exchange price off another’s.

Divide the measure to be converted by the exchange price measure for the regional currency in order to convert the measure into the pivot currency, then multiply the converted measure by the exchange rate measure for the reporting currency in order to convert the measure into the reporting currency.

He has worked with a number of BI tools like SAP NetWeaver BW, SAP BusinessObjects, and is a certified associate consultant in BPC for NW. He has extensive experience in information modeling, style, configuration, …

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