Purchasing power parity is an economic term for measuring prices at different locations. The calculation of the PPP, according to the OECD, is made through a basket of goods that contains a "final product list covers around 3,000 consumer goods and services, 30 occupations in government, 200 types of equipment goods and about 15 construction projects". The purchasing power parity indicator can be used to compare economies regarding their gross domestic product (GDP), labour productivity and actual individual consumption, and in some cases to analyse price convergence and to compare the cost of living between places. The PPP inflation and exchange rate may differ from the market exchange rate because of tariffs, and other transaction costs. PPP is effectively the ratio of the price of a basket of goods at one location divided by the price of the basket of goods at a different location. Returns a list of supported currencies.ĪED - UAE Dirham, AUD - Australian dollar, AZN - Azerbaijani manat, BGN - Bulgarian lev, BRL - Brazilian real, BYN - Belarusian ruble, CAD - Canadian dollar, CHF - Swiss franc, CLP - Chilean peso, CNY - Chinese yuan renminbi, CZK - Czech koruna, DKK - Danish krone, EGP - Egyptian pound, EUR - Euro, GBP - Pound sterling, HKD - Hong Kong dollar, HRK - Croatian kuna, HUF - Hungarian forint, IDR - Indonesian rupiah, ILS - Israeli shekel, INR - Indian rupee, ISK - Icelandic krona, JPY - Japanese yen, KRW - South Korean won, KZT - Kazakhstani tenge, MDL - Moldovan leu, MXN - Mexican peso, MYR - Malaysian ringgit, NOK - Norwegian krone, NZD - New Zealand dollar, PHP - Philippine peso, PLN - Polish zloty, RON - Romanian leu, RUB - Russian rouble, SAR - Saudi riyal, SEK - Swedish krona, SGD - Singapore dollar, THB - Thai baht, TRY - Turkish lira, TWD - New Taiwan dollar, UAH - Ukrainian hryvnia, USD - US dollar, ZAR - South African rand.ĪTOM - Cosmos, BCH - Bitcoin Cash, BTC - Bitcoin, DASH - Dash, EOS - EOS, ETC - Ethereum Classic, ETH - Ethereum, LINK - Chainlink, LTC - Litecoin, XLM - Stellar, XRP - XRP, XTZ - Tezos, ADA - Cardano, DOGE - Dogecoin, DOT - Polkadot, SOL - Solana.Purchasing power parity ( PPP) is a measure of the price of specific goods in different countries and is used to compare the absolute purchasing power of the countries' currencies. If it is not provided, the latest available date is used. date - The date to search in rates history. Currency alphabetic codes should follow the ISO 4217 standard. Gets alphabetic codes of supported currencies for a given date. Note, in some countries, arguments in formulas should be separated by a semi-colon ( ) instead of comma (,). Returns a converted value OR a single-column range of converted values. date - The date to search in rates history OR single-column range of dates. currencyTo - The currency alphabetic code to convert to OR single-column range of codes. currencyFrom - The currency alphabetic code to convert from OR single-column range of codes. amount - The value to convert from OR single-column range of values. =Currenc圜onverter(A2:A41, B2:B41, C2:C41, D2:D41) returns an array of converted values.Ĭurrenc圜onverter(amount, currencyFrom, currencyTo, ) =Currenc圜onverter(A2:A41, B2:B41, C2:C41, "") returns an array of converted values for date. =Currenc圜onverter(A2:A41, "usd", C2:C41) returns an array of converted values from US dollar to a range of currencies for the latest available date. For better performance, it is recommended to pass a range of values as input instead of using the function multiple times on a large range of data. To get started, open your document and select any item in the menu "Add-ons" | "Currency Converter".Ĭonverts a given amount from one currency to another for a given date. Functions support 40 types of traditional currencies since 2000 and 12 types of cryptocurrencies. This add-on adds functions to your Google Sheets document for currency conversion that use historical reference exchange rates gathered from European Central bank and other sources.
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