Honk Kong Dollar (HKD) Added To Currency Conversion

Posted January 29, 2009

Thanks to your continued feedback we continue to add features you like. The latest currency to be added: Hong Kong Dollar (HKD).

As always, keep the feedback coming – we may be able to make it happen quickly.

4 Comments so far

Florian Pihs on February 14th, 2009

Isn’t HKD the standard abbreviation for Hong Kong Dollar? Why HDK?
Spencer on February 15th, 2009

Ooops, you’re right, we mis-spelled it in the blog post. The code is correct in Xpenser itself (it’s HKD), but somehow we called it HDK in the post. Now fixed.
Ken Hughes on February 16th, 2009

Just a few points on the the currency conversions…

1. Can you publish what conversion rate/service you use for this.
2. Is it calculated at the time the expense is submitted or for the date of the expense ?
3. IMO the rate is the wrong way around (should be 1/rate) – I have my base set to GBP and the conversion for USD show a rate of 0.68xxxx, that is w.r.t the USD dollar, but from my perspective it should be w.r.t the GBP (so it should be a rate of 1.48xxxx) as (again from my perspective) there are 1.48xxxx dollars to the pound, not 0.68xxxx pounds to the dollar…

Thanks .. KJ
Spencer on February 16th, 2009

Sure.

1 – We primarily use the IMF. See the Keywords page for a pointer to the data source.
2 – Calculated at the time of expense submission – we don’t calculate based on past rates.
3 – The conversion rate is the rate used to convert the amount of the foreign currency to the base currency. For example if you spend 10 USD and the conversion rate is 0.69 you’d have spent 6.90 GBP. The rate shown is literally the rate multiplied by the foreign currency to produce the base currency amount.