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You can use the Performance Analysis report to convert returns from one base currency to another. The multi-period returns are converted to another currency by retrieving :
- Retrieving the single-period returns from the database.
- Except for local and system currency returns, these are stored with a base currency equal to the entity base currency.
- Geometrically linking the single-period returns.
- Converting the cumulative return to a cumulative growth rate.
- Determining a currency return for the period.
- Converting the currency return to a currency growth rate for the period.
- Multiplying the cumulative growth rate by the currency growth rate over the period.
- Converting the resulting converted growth rate to a return.
- Annualizing the result as requested.
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