Seems like I can’t comment on the announcement post, but the EUR->USD conversion rates in the financial report looks wrong. It’s listed as 0.944107 as of December 31, 2022, but the rate at that time was more like 1.0666 (that’s what the ECB shows for December 30, 2022) - it looks more like the inverse rate?
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I have moved your message to the right place. @leavengood you may want to check that?
Sorry about not being able to reply to this post. I was trying to edit it to show I authored it but I ended up messing things up. When trying to fix it I thought Announcements made sense as a category but then maybe people can’t comment there…
If someone with more experience with this forum software wants to adjust that, please do.
As for the EUR to USD rate, you are right, I must have gotten the inverted rate. I will check a few sites and try to get the right rate. Xe.com shows 1.0732 right at midnight on Dec 31, 2022 so I will likely use that.
I will make that change and adjust the report some time today. It changes a lot of things unfortunately. Also maybe I can remove my discussion about our assets seemingly going down due to the low EUR rate, since that probably isn’t the case now. Though that is probably a good thing overall.
Thanks for letting me know.
The PDF report has been updated with the correct EUR conversion rate, and all the converted dollar amounts were adjusted. I removed the commentary about our USD assets going down due to the low EUR rate as that is no longer the case.
Thanks again for noticing this @cmeerw!
