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Convert values with different currencies, from different years to EUR

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    Convert values with different currencies, from different years to EUR

    Hi!
    First of all, English ain't my mother tongue, so hopefully I can explain my problem.
    I need to convert certain historical values from one currency to Euro, e.g. from GBP to EUR. Since the Euro has been introduced (as book money) in 1999, everything before 1998 needs to be converted twice. I chose ATS for this, [cause 1) I believe its simple to convert it with a fixed exchange rate to EUR and 2) cause I'm from Austria and that once used to be my official currency]. So this is the initial problem, which gets a little more complicated, or actually I believe just more work, because not only do I have to do these conversions for GBP to EUR but also for like 20 other currencies to EUR.
    The last time I used Excel functions was like 8 years ago in school, so I'm a little rusty and not even sure if I have ever done something like this. Right now I'm stuck and thought I might look for help while I try to figure it out myself.

    I attached an extract of the original file. It contains 100 values, most of the in GBP but some are in USD. I put in the exchange rates for GBP/ATS, GBP/EUR, USD/ATS and USD/EUR for the respective years.
    By the way, since I am from Austria this 1,234 means a value between 1 and 2 and not 1thousand234.
    I hope everything is clear and someone can show me how to do these conversions with 1 function/multiple functions in 1 cell.
    Attached Files Attached Files

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    Forum Expert José Augusto's Avatar
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    Re: Convert values with different currencies, from different years to EUR

    Use in E2 and copy down
    Formula: copy to clipboard
    Please Login or Register  to view this content.
    Last edited by José Augusto; 01-31-2016 at 12:04 PM. Reason: not $G$1 but $G$2

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    Re: Convert values with different currencies, from different years to EUR

    Thank you for your reply!
    The function works, but it only converts GBP/EUR and USD/EUR or in other words just the values from 1998-2013. For the earlier years the cells remain empty.
    Also I forgot to mention in my post that when the year is 1989-1997 and the value is converted to ATS it has to be converted a second time from ATS to EUR. So the ATS value has to be divided by 13,7603. But I can do that in an extra column with a simple IF-Function I believe.

    I attach the file containing your function, so you can see foryourself.
    Attached Files Attached Files
    Last edited by Copiloc; 02-01-2016 at 07:19 AM.

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    Forum Expert José Augusto's Avatar
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    Re: Convert values with different currencies, from different years to EUR

    Hi
    use these
    Formula: copy to clipboard
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    in E2 and copy down.
    The & operator perform the same as CONCATENATE
    =CONCATENATE("GPB","/EUR") is the same as "GPB"&"/EUR" = "GPB/EUR" which is the name of the column that I want find.
    See the file conversion_test.xlsx
    Regards

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    Re: Convert values with different currencies, from different years to EUR

    WOW! Now i just have to put in all the other currencies and their respective exchange rates into the excel sheet and extent the matrix in the function.

    Thank you so much, I don't think I could have done this by myself. Thanks!

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