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Currency Conversion - Please clarify

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npanglia
Member
Posts: 155
Joined: Mon Sep 21, 2009 8:57 am
Location: New Delhi

Currency Conversion - Please clarify

Post by npanglia » Fri Apr 09, 2010 9:09 am

Hi

Help me comprehend this?

"129. exchange rate on the OANDA website at www.oanda.com/currency/classic-converter on the last day of the period for which he/she has claimed earnings in that currency. "


I am submitting Indian Salary Slips for each month for last 12 Months. Does the conversion rate have to be as that on 31st March,2010 for entire earnings
OR
It has to be exchange rate on the last date of each month for which salary is earned? (Example I got 50K INR on 30th June, 2009 and hence I have to use exchange rate which was there on 30th June, 2009 for salary conversion for that month of June? Similarly I will have to do it for each month?
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npanglia
Member
Posts: 155
Joined: Mon Sep 21, 2009 8:57 am
Location: New Delhi

Re: Currency Conversion - Please clarify

Post by npanglia » Fri Apr 09, 2010 12:18 pm

Any Suggestions!
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aruni4470
Diamond Member
Posts: 1615
Joined: Fri Nov 16, 2007 9:54 pm
Location: Cambridgeshire

Post by aruni4470 » Fri Apr 09, 2010 12:20 pm

The conversion rate on the last day of the entire earnings period NOT for each month.
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