Re: [office-formula] euroconvert

["Andreas J. Guelzow" <aguelzow@math.concordia.ab.ca>]

On Wed, 2009-12-02 at 12:31 -0500, robert_weir@us.ibm.com wrote: 
> > 
> > If this is *fixed* as you suggest, then replication of the table is fine 
> 
> > with a citation to the authority.
> > 
> > My concern was that if this wasn't stable, that it reflected conversion 
> > to and from Euro currency, then replication of a table might not be a 
> > good idea.
> > 
> > Understanding it as a legacy function changes the wording of the text.
> > 
> 
> The former national currencies could be called "legacy", but the function 
> itself is still applicable to calculations today.  But I think the term 
> most used is "national currencies" rather than "legacy currencies". 
> 
> Also note that this function could be revised (and likely will)in the 
> future as additional countries join the Eurozone.  In fact, this is not 
> just a likelihood but almost inevitable, so I wonder whether we can define 
> this to be future-proof?  For example, allow it to be expanded to include 
> additional currencies, according to the already-defined ISO currency 
> codes, for future fixed conversion factors as may be promulgated by the 
> Council. Otherwise we would need to scramble with an amendment whenever a 
> new country adopts the Euro, which happens every couple of years.

Is this function really just a synonym for multiplication with one of a
small selection of factors, or is in fact more happening here (such as
truncation or rounding of the result)?

Andreas 

-- 
Andreas J. Guelzow, PhD, FTICA
Mathematical & Computing Sciences
Concordia University College of Alberta