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Former Member
May 03, 2010 at 08:52 PM

Countries that use Index-based currency


SAP experts,

I've been asked to provide a list of countries that use an index-based currency.

As you may well know, an index-based currency is a country-specific ficticious currency (and fx rate) that is required in some countries that tend to experience high inflation. This is typically used for external reporting purposes (tax returns, e.g.).

Please let me know if a list of countries that use this can be located, or if you have any suggestions/info so that I can further my search for this.

Thanks very much,

Peter Dunning