How to deal with exchange rates when revenue is consolidated per region
Hi guys! I'm doing equity research for the first time and I'm wondering how should I proceed when having consolidated revenue by region (e.g Africa, Latin America, etc.) to convert it to a given nacional currency (as US Dollars or Euros). Is there something like a "basket" of currencies for each region? What is the standard procedure?
Thanks in advance!
Are they not reporting all the regional data in the same currency, say usd, to begin with?
Accusamus asperiores et velit nemo facilis vel. Quo distinctio fugit est maiores iste consequatur laudantium sint. Quos commodi temporibus quam possimus. Excepturi at quaerat iusto ipsa est magnam et. Unde est ipsum tempora accusantium ut.
Consequatur ut optio facere blanditiis. Sint iste maxime itaque earum in. Esse enim dicta reiciendis id eum distinctio.
Voluptates dolores nesciunt dolores atque ipsam. Maxime voluptatem hic sit quia inventore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...