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INTL and currency question
Message
From
02/09/2000 21:06:49
 
General information
Forum:
Visual FoxPro
Category:
Third party products
Miscellaneous
Thread ID:
00411884
Message ID:
00412123
Views:
15
Chris,

INTL has a currency strategy class that you can easily extend to provide time-based lookups for conversion rates.

See http://www.stevenblack.com/intl%20how%20to.asp#How To Localize Currencies

**--** Steve

>Not sure if this is an issue or not at this point but i thought i'd ask it anyway... and have not seen INTL but interested....
>
>How does INTL address currency changes over time or does it have just a single currency conversion value per currency? My concern is i dont want "cost" values in an "orders" database to change for historical information. If a customer paid 50 pounds for an item back in january and then, after making INTL currency setting changes later, how do i display the price they paid, not the latest "converted" amount?
>
>Suppose i ALREADY have the following orders entered:
>
>Item US $ Pounds OrderDate
>-------- ----- ------ ---------
>Heineken 24.00 24.48 Jan 1
>SamAdams 20.00 20.40 Aug 1
>
>Currencies (Jan-Aug):
>---------------------
>US : 1.00
>Pounds: 1.02
>
>Now, on Sept 1, i change the 'Pounds' exchange rate to 1.06:
>
>Currencies (Sept->):
>--------------------
>US : 1.00
>Pounds: 1.06
>
>If i then were to look at the 2nd order for SamAdams, would the price be 21.20 (the U.S. price times latest currency for Pounds)?
>
>Is this something my app has to address? Does INTL help? Offbase?
>
>TIA
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