On 23 February 2011 09:16, Phoenix Rising <[email protected]> wrote:

> Hey,
>
> I think you're just looking for a simple database of known currency
> labels.  I don't know of anything off the top of my head, but if you
> check out Bloomberg's currency conversion system:
>
> http://www.bloomberg.com/markets/currencies/
>
> You can view source and probably rip out the currency labels from the
> select lists.
>
> To re-iterate Robert's point above, if it's the conversion you're
> looking to do, I'd really recommend looking at a subscription-based
> web service that your application can "talk to" in order to perform
> the conversions, because global currency exchange rates fluctuate
> every day, sometimes multiple times per day. It would be a NIGHTMARE
> keeping up with that yourself, so a third party to do the conversions
> for you would be a real life-saver!  Unfortunately I can't make any
> specific recommendations for that kind of service, but I'm sure there
> are plenty of companies out there who you could work with.
>
> I hope this helps you out.  Good luck!
>
> On Feb 22, 2:15 pm, Robert Walker <[email protected]> wrote:
> > Ants Pants wrote in post #983192:
> >
> > > The formatting of the amounts will be ###,###.## (it doesn't have to be
> > > locale specific). I also wanted to have a breakdown of the different
> > > currencies that go towards making the total ....
> >
> > >    55.00 GBP
> > >  175.00 USD
> > > 3000.00 CAN
> > > --------------------
> > > 3230.00
> >
> > How does this total make any sense? The number 3230.00 is a meaningless
> > value without the currency unit and exchange rate.
> >
> > > I have looked around for currencies in easily downloadable format
> > > (JSON/YAML/XML) but haven't found any good resources. Does anyone know
> > > of
> > > something?
> >
> > Downloadable format for what? Do you mean currency exchange rates?
> > Wouldn't you need to know that? If someone were to pledge 55.00 GBP, do
> > you plan on converting that into a common local currency at the time of
> > the pledge? Or, do you plan on converting that pledge to a local
> > currency at the time the final donation is processed, based on the
> > exchange rate at that time?
> >
> > What I'm saying is that not only does it not make sense to sum the
> > pledges, without first converting them to a common unit, but the
> > conversion factor between the units changes over time.
> >
> > --
> > Posted viahttp://www.ruby-forum.com/.
>
> --
> You received this message because you are subscribed to the Google Groups
> "Ruby on Rails: Talk" group.
> To post to this group, send email to [email protected].
> To unsubscribe from this group, send email to
> [email protected].
> For more options, visit this group at
> http://groups.google.com/group/rubyonrails-talk?hl=en.
>
>
Thanks for your replies.

To answer a few of your questions ....

In my example, I gave a total of all amounts pledged. This of course does
not make sense and I'm now not even sure why I wrote it (it was the last
thing I wrote before going to lala land). I have no intention of doing that.

What I will do is, give totals for each currency used (which is what I
wanted to get over in my first mail).

As I said before, nothing complicated is happening with this. It's just a
simple pledge and people will make the actual payment on another site. There
could be a lengthy time lapse between when the pledge was made and when
payment was made. It's just a guide. That's all. Hence, actual exchange
rates are not needed.

So I guess my question is; is it worth using the Money gem or is it better
to store a few major currencies in a table, give the user the selection and
then just add a simple general formatting rule.

I prefer the second option but I'm open to change my mind.

I will check out http://www.bloomberg.com/markets/currencies thank you
Phoenix Rising.

Again, thank you.

-- 
You received this message because you are subscribed to the Google Groups "Ruby 
on Rails: Talk" group.
To post to this group, send email to [email protected].
To unsubscribe from this group, send email to 
[email protected].
For more options, visit this group at 
http://groups.google.com/group/rubyonrails-talk?hl=en.

Reply via email to