For a quick conversion, I created this small web application to do the conversion so, it saves time and the confusion airing around.
Currently, it works as I understand the conversion. I got quiet some few friends to help test and they all said, it works correctly. So at this juncture, I present to you the Ghana cedi converter. Feel free to post comment about how it works and better way of improving it. If you think it doesn't work correctly, feel free to comment on the proper way of how the application should do the conversion. I'm ready to learn and accept new ideas.
There is a Joomla module available, feel free to click on the link below.
Joomla extention
To embed it into your webpage, just copy the code below
<iframe src="http://www.addhen.org/webmark/gh_cedis" frameborder="0" scrolling="no" height="300"></iframe>
I hope it helps people. Thanks
4 comments:
how do you decide to run down or up? i though in finance, one runs down whenever possible. eg. if i enter 10150-10190 i get GH₵1.02, but for 10100-10140 i get GH₵1.01
Didn't think about that, It just output after conversion.what do you think ti should be.?
I don't know what it should be but i think the right approach is to reduce whatever bias you introduce by rounding to a minimum. ie. if you ways round up at .5 and you get a lot of digits with .5 in them, it's easy to see how you can cause a significant financial loss. eg. 1million transactions.
there may not be much of an issue between 0.01 pesewas and 0.02 pesewas in most cases but for some others, it's important that you get it right. eg. quoting bandwidth cost which might be quoted as 0.05Gp per kilobyte.
there are rounding algorithms like bankers algorithm or random rounding you can experiment with.
Thanks for this, will look more into this.
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