Re: exchange rate calculations

[ Message Board ] [ Archives ] [ Search ]

Posted by Chris on June 30, 2006 at 16:29:45:

In Reply to: Re: exchange rate calculations posted by Mark on June 30, 2006 at 12:30:15:

: : In setting up assets for foreign currency comparisons, USD to AUD, I see no difference when running the "exchange rate adjusted" reports. What am I doing wrong?

: : I first set up AUD->USD investment using the symbol "USDAUD = X", added the current exchange rate in the description line and included in portfolio as an asset (or should this be in a separate portfolio named "exchange rates"?). Then, setting up a new investment using, from the drop down menu currency symbol choices, the 2nd $ (assume 1st $ is US & 2nd $ AUD or does it matter?)

: : Thank you.

:
: Hi Chris,

: After creating this investment, you must "assign" it to a particular currency under "Options / Currency Settings...". For a tutorial on setting this up, please see:

: Currency Tutorial

: Thanks,
: Mark
: --
: Fund Manager - Portfolio Management Software

Mark - I assigned a currency to my investment "AUD->USD" but still unable to pull a currency exchange report. Could the problem be that both the US & AU currencies use the $ sign? Do I need to assign a currency to each Australian asset in the portfolio as well?

Thank you.

Replies:

• Re: exchange rate calculations Mark 17:26:16 06/30/06 (0)