The approach is similar to the field tip "Managing time-stamps across multiple timezones" . We should have one measure in the local currency in which the transaction took place, and one in the standard currency to which the multi-currency transactions roll-up to.

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Recording events in multiple currencies

The approach is similar to the field tip "Managing time-stamps across multiple timezones" . We should have one measure in the local currency in which the transaction took place, and one in the standard currency to which the multi-currency transactions roll-up to.


 
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The fact table could contain a currency dimension, which could be linked to the dimension table which carries the detail on which different types of currencies.

To add complexity to this situation, sometimes there are multiple exchange rates across two currencies. For example, one can be the exchange rate published by the federal bank and other is the "internal" exchange rate across two business units or locations within the organization. With each different exchange rate, one has to have an additional set of measure fields within fact table.


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TOPIC - Dimensional Modeling vs. Relational Modeling → Principles & Rules → Data Warehouse application is not limited to Analytics → Principles & Rules → Store as much detailed and granular data in data warehouse as possible → Principles & Rules → Data Normalization is not the best approach in Dimensional modeling → Principles & Rules → Keep the same names and definitions for all data elements → Principles & Rules → You cannot have a super-flexible Data warehouse → Principles & Rules → Dimensional models can be extensible and scalable → Principles & Rules → Data Marts should be ideally based upon a business process and not on a department. → Principles & Rules → Business Intelligence competency groups should be well-linked with business → Practice Techniques → Aggregation Queries on slowly changing Dimensions → Practice Techniques → Documenting your data-integration system → Principles & Rules → For a Data Warehouse/Data-Mart solution, analyze well, but be decisive → Principles & Rules → Maintain a trail of the key dimensional elements from source system to loaded → Principles & Rules → Conformed dimensions are must for cross-drilling → Practice Techniques → Checksum Approach for identifying the changed records from source systems → Principles & Rules → Dimensional model has to be aligned to the Entity-Relationship → Principles & Rules → Always Use Conformed Dimensions → Principles & Rules → You may not be a able to have a perfect ETL → Practice Techniques → Handling Sparse Dimensional tables → Principles & Rules → Do not separate the parent and child line item data → Practice Techniques → Managing time-stamps across multiple time-zones → Practice Techniques → Recording events in multiple currencies → Practice Techniques → Handle different units of measure in the same fact table → Principles & Rules → Handling of Null foreign Keys in fact tables → Principles & Rules → Dimension Attributes as NULL → Principles & Rules → Don't rely too much on Meta Data Tools to enforce Business Intelligence → Principles & Rules → Don't wait for universal models for Data Marting → 
 
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Relevant links to this page
Dimensional Modeling vs. Relational Modeling
Data Warehouse application is not limited to Analytics
Store as much detailed and granular data in data warehouse as possible
Data Normalization is not the best approach in Dimensional modeling
Keep the same names and definitions for all data elements
You cannot have a super-flexible Data warehouse
Dimensional models can be extensible and scalable
Data Marts should be ideally based upon a business process and not on a department.
Business Intelligence competency groups should be well-linked with business
Aggregation Queries on slowly changing Dimensions
Documenting your data-integration system
For a Data Warehouse/Data-Mart solution, analyze well, but be decisive
Maintain a trail of the key dimensional elements from source system to loaded
Conformed dimensions are must for cross-drilling
Checksum Approach for identifying the changed records from source systems
Dimensional model has to be aligned to the Entity-Relationship
Always Use Conformed Dimensions
You may not be a able to have a perfect ETL
Handling Sparse Dimensional tables
Do not separate the parent and child line item data
Managing time-stamps across multiple time-zones
Recording events in multiple currencies
Handle different units of measure in the same fact table
Handling of Null foreign Keys in fact tables
Dimension Attributes as NULL
Don't rely too much on Meta Data Tools to enforce Business Intelligence
Don't wait for universal models for Data Marting
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