How to adjust deposit accounts for inflation in different currencies?

[Johnapple4]

Hey everyone!

I’m trying in vain to calculate how much money we lost in our cash accounts. The problem I have is that we have 4 different deposit accounts with 4 different curriencies and I would like to calculate a per month loss per currency (how much we lost to inflation last year and how much YTD in, let’s say, CHF)

Adding inflation data shouldn’t be very difficult. I suspect I need to add a web table with consumer price index for all four currencies but then I don’t know how to connect these data points to my deposit account changing balance.

Thank you for your help!

[AndreasB]

@Johnapple4

Adding inflation data shouldn’t be very difficult.

You can easily add the harmonized index of consumer prices as published by the European Central Bank:

@Johnapple4

I don’t know how to connect these data points to my deposit account changing balance.

What you can do:

• Add the data series to the performance chart
• Substrat the consumer indices from the monthly performance (the widget on the dashboard)

What is not possible:

• somehow calculate the lost purchasing power in Euro or dollar terms (it is always percentages)
• merge the data series (you’ll have four in the performance chart)

Maybe you export the account data and try to fiddle in Excel?!?