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Currency Convesion and Inflation Adjustment (db release) (#191)
Co-authored-by: liniiiiii <[email protected]>
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In the Wikimpacts 1.0 database, we adjusted all monetary damage values for inflation to 2024. The original data source is [here](https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator/consumer-price-index-1800-). The file `inflation_Index_original.csv` contains data directly from this website, while `inflation_Index_2024.csv` has been adjusted to a base year of 2024, which we applied in our process. | ||
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For currency conversion, we converted the majority of non-USD currencies. The count below reflects the number of currency records in the Wikimpacts 1.0 database. We obtained the original conversion rates on a monthly scale from [this source](https://fx.sauder.ubc.ca/fxdata.php), stored in `Database/data/Currency_Conversion.xlsx`. We then aggregated these to yearly rates in `Database/data/Currency_conversion_yearly_averages.xlsx`. For conversion, we used the yearly rate, and for currencies predating the years available in our table, we applied a constant rate from the earliest available year. | ||
| Currency | Count | | ||
|----------|-------| | ||
| EUR | 151 | | ||
| AUD | 186 | | ||
| GBP | 98 | | ||
| INR | 84 | | ||
| CAD | 144 | | ||
| NZD | 43 | | ||
| JPY | 252 | | ||
| PHP | 158 | | ||
| CNY | 118 | | ||
| VND | 51 | | ||
| KRW | 13 | | ||
| MXN | 57 | | ||
| NTD | 20 | | ||
| BRL | 10 | |
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