Description
Divide signed price by source quantity, multiply by target quantity and target-currency-per-source factor.
Cross-country monetary comparisons require an explicit currency, price basis, and population scope. Exchange rates, price indexes, and purchasing-power adjustments are different transformations and should not be substituted without stating their meaning.
Divide signed price by source quantity, multiply by target quantity and target-currency-per-source factor.
When to use this tool
Use International Price Basis Factor when you need a monetary comparison using caller-supplied conversion or price factors.
How to use the tool and how it works
- Enter price, sourceQuantity, targetQuantity, currencyFactor. Use the units and conventions below.
- Run the tool. Correct any format, range, or cross-field input error before interpreting the output.
- Read targetPrice. Use the output convention below.
Require positive sourceQuantity, targetQuantity, and currencyFactor. Divide signed price by source quantity, multiply by target quantity and target-currency-per-source factor.1
| Input field | Meaning and units | Accepted input |
|---|---|---|
| price | Price | Required. Finite number. |
| sourceQuantity | Source Quantity | Required. Finite number; strictly above 0. |
| targetQuantity | Target Quantity | Required. Finite number; strictly above 0. |
| currencyFactor | Currency Factor | Required. Finite number; strictly above 0. |
| Output field | Interpretation | Returned shape |
|---|---|---|
| targetPrice | Target Price | Required. Finite number. |
{
"input": {
"price": 20,
"sourceQuantity": 4,
"targetQuantity": 10,
"currencyFactor": 2
},
"output": {
"targetPrice": 100
}
}Limitations and assumptions
- Quantity units and product bases must already be compatible; the calculation does not perform a physical unit lookup, obtain exchange rates, or verify actual market prices.
- Inputs must satisfy both the field types and the cross-field conditions above. Invalid input causes an error; a successful false flag or documented placeholder is a different result.
- Numeric calculations use binary floating point unless exact decimal-integer arithmetic is explicitly stated. No hidden measurement tolerance or decimal rounding is added; nonfinite or out-of-contract results are rejected. Numeric signed-zero results are exported as zero.
Alternative or Complementary methods
Use the appropriate official dataset and its methodology for the comparison. Align price year, currency, household basis, and purchasing-power convention before aggregating or interpreting values.
References
Similar or alternative tools
- International Price Year Base Flag
Rebase nominalPrice by target/source when sourceKnown, otherwise return zero with comparable false.
- International Aid Inkind Cash Crosswalk
Value in-kind goods, reduce by loss, add signed cash, and subtract transfer cost.