Alignment to hard currency over long period of time.

An Dm

In currencies with high inflation it’s useless to compare spending over years and even month due to wrong presentation of final data. For example currency AAA had inflation of 3 times over period of 1 year. When I see January report, I see my spending for food for example equivalent to 600$. When I look for December I see spending 200$. Does it mean I saved 400$? No! It means comparing expenses in high inflation currencies is wrong.

What I offer: take historical exchange rates from central banks sites, or yahoo, whatsoever and add option to make reports converted to hard currency like $ to see correct graph over long period of times.

Alexandr

This post started from a quite offensive 1 star review in the App Store. Still, I described why it has no sense (for the hundredth time probably). But got this: "Probably you have to buy access to Yahoo Finance or alike, which you don't like. This is another story."
I'm not going to endure all this. You're buying the app, not the rights to insult the developer.

Eric Guicherit

I just purchased your app, and posted a view suggestions. But after reading this discussion I wonder whether I want to continue. I'm a bit puzzled and stunned by your reaction on this forum post Alexandr. Not what one would expect from a developer. I think you owe your customer a sincere apology.

Alexandr

You are my hero! Unfortunately you're not asking, you're forcing er... not so good idea which has been obviously suggested many times before.

An Dm

I paid 4 full price licenses.
I had no support tickets within last 5 years.
I asked for help just 1 time within last 10 years.

Alexandr

It doesn’t work that way. I earn money only from those 80% who never needs support. Especially if you have paid reduced price. A few questions - and I spend more then earn. That’s it. Now you’ve spent all your time limit and I shall return to my work.

An Dm

Are you the same tired of all of us bringing you some money?

Alexandr

You’re not the first and, unfortunately, not the last who come with this idea. I’m tired of all of you. Compare meters and kilograms, what a brilliant idea! Spread it quickly everywhere! We were so blind, the world must know!

An Dm

Best answer to stupid customers from poorest countries.

Alexandr

Please, learn some basics, before posting such ideas.
P.S. This idea always come from countries with such a poor overall financial knowledge.

An Dm

Very rude and inappropriate...

For what did you create this forum if you treat everyone around you stupid?

Would think about reclaiming my money and switching to another product.

Alexandr

You’re wrong. You can learn some basics or try to make a budget with you funny ideas. I’m not going to teach anyone financial basics.

An Dm

Sorry, there is no sense in your answer. It’s different.

I don’t need exchange rate graph. I need an expense graph over time !

Change my example to bars. Bars will be higher and higher. What is the sense to compare bars in 2010 and 2018?

Alexandr

Replace in my example euros with roubles if you like. All the same.

Alexandr

Your graph simply shows currency exchange rate dynamic, not spendings.

An Dm

Bad explanation. Exchange rate is not static! You can't convert currencies amounts 1 year old with today's exchange rate!

Also you compare two hard currencies, which is not common case. Common case is to have some reliable graph within reports about your life time spending in your inflatable currency over some or all of tge categories. And this should be an option in reporting. That's it.

Let's make graph report in Rubles, as an example. In 2010 you spent for food 100.000 rub let's say. In 2018 you had spent 500.000 rubles. Does it mean you started to feed 5 times better or become a gourmand? No! Actually you spend for food the same! (Or something like that, not sure about exchange rate) BUT your graph in reports is going all the time up! Which is wrong! There should be alignment tool to hard currencies of your choice. Or one-time conversion tool for whole account.

Probably you have to buy access to Yahoo Finance or alike, which you don't like. This is another story.

Alexandr

Bad idea, that won't work. E.g. you've got salary €100 which was $200 at that moment. Next day you spend €100 for a food, but rate has dropped and it's only $100 now. If we followed your ideas, the app would show us that we still have $100 on hand, which is obviously not true. Calculation ($200 - $100 = $100) has no sense at all. You can't compare amounts using different exchange rates, you must always use the same rate.

Gilberto Junior

Yes, that's a good idea. We don't need to change the value of the launches over the years, but a field with the value calculated on the basis of inflation would be very useful. This could reflect in the graphics and so on ...