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Currency Rates

The data model encompasses historical and current exchange rates for various currencies through views such as Currency Rates, Daily Average Rates, Monthly High/Low Rates, Yearly Trends, and Exchange Rate Fluctuations. Measures include Average Exchange Rate, Highest Exchange Rate, Lowest Exchange Rate, and Exchange Rate Fluctuation, enabling analysis of rate trends, extremes, volatility levels, and fluctuations for informed decision-making on currency exchange.

Benefits of This Data Model​

  • Improved Currency Analysis: The data model allows for in-depth analysis of historical and current exchange rates across different currencies, facilitating a better understanding of trends and fluctuations.
  • Enhanced Trend Identification: By offering Yearly Trends and Monthly High/Low Rates, the data model assists in identifying long-term trends and extreme rate fluctuations for various currencies.
  • Optimized Decision-Making: With measures like Average Exchange Rate and Highest/Lowest Exchange Rate, the data model supports informed decision-making on currency exchange by providing insights into rate averages, extremes, and volatility levels.
  • Increased Data Accuracy: Utilizing dimensions such as Transaction Currency, Reporting Currency, and Date ensures accurate and reliable exchange rate data for analysis purposes.

Key Performance Indicators (KPIs)​

  • Average Exchange Rate: Calculated by taking the sum of all exchange rates and dividing by the total number of rates to provide an overall average rate.
  • Highest Exchange Rate: Identifies the maximum exchange rate within the dataset to show the peak rate value.
  • Lowest Exchange Rate: Identifies the minimum exchange rate within the dataset to highlight the lowest rate value.
  • Exchange Rate Fluctuation: Indicates the difference between the highest and lowest exchange rates to measure the level of volatility.

Available Visualizations​

View NameDescription
Currency RatesProvides historical and current exchange rates for various currencies.
Daily Average RatesDisplays the average exchange rates for each currency on a daily basis.
Monthly High/Low RatesShows the highest and lowest exchange rates for each currency in a month.
Yearly TrendsOffers insights into the overall trend of exchange rates for different currencies over a year.
Exchange Rate FluctuationsHighlights significant fluctuations in exchange rates for specific currencies.