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Anonymous's avatar
Anonymous
Not applicable
4 years ago
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Currency Conversion Normalization - Time Dependent

Let's say in my Great Britain company,  I make a total net profit of 10,000 USD (USD is the reporting currency) in January 2020. I then have to convert this 10,000 USD to GBP (Pounds) based on the Ja...
  • Anonymous's avatar
    Anonymous
    4 years ago

    Hi Anonymous 

    I made a sample to have a test.

    Data Table:

    Rate Table:

    Calendar Table:

     

    Calendar = ADDCOLUMNS(CALENDAR(DATE(2020,01,01),DATE(2021,12,31)),"Year",YEAR([Date]),"Month",MONTH([Date]))

     

    Measures:

     

    GBP = 
    VAR _RATE =
        CALCULATE (
            SUM ( 'Rate'[Rate USD-GBP] ),
            FILTER (
                'Rate',
                AND (
                    'Rate'[Year] = MAX ( 'Table'[Year] ),
                    'Rate'[Month] = MAX ( 'Table'[Month] )
                )
            )
        )
    VAR _GBP =
        _RATE * SUM ( 'Table'[USD] )
    RETURN
        _GBP
    USD in Current Rate = 
    VAR _SELECTYEAR =
        SELECTEDVALUE ( 'Calendar'[Year] )
    VAR _SELECTMONTH =
        SELECTEDVALUE ( 'Calendar'[Month] )
    VAR _RATE =
        CALCULATE (
            SUM ( 'Rate'[Rate USD-GBP] ),
            FILTER (
                ALL ( 'Rate' ),
                'Rate'[Year] = _SELECTYEAR
                    && 'Rate'[Month] = _SELECTMONTH
            )
        )
    RETURN
        ROUND ( DIVIDE ( 1, _RATE ), 2 ) * [GBP]

     

    Result is as below.

     

     

    Best Regards,
    Rico Zhou

     

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