How To Use fxtrackerR Package

library(fxtrackerR)

This is a R package created as a group project for DSCI_524 Collaborative Software Development of UBC Master of Data Science (MDS) program 2022-2023. Based on the foreign exchange data in Yahoo Finance, this package allows user to perform currency conversion based on the latest available exchange rate, lookup a target exchange rate from historical data as well plotting exchange rate history and profit/loss percentage history by specifying a currency pair (and other input parameters).

Functions Description

  • fx_conversion Convert the input amount of currency 1 to currency 2 based on the latest available exchange rate.
  • fx_rate_lookup Lookup for the most recent date on which the input target price happened. i.e. the target price was within the day’s high/low of the day.
  • price_trend_viz Plot the historical exchange rate of the input currency pair for a specific period of time.
  • pl_trend_viz Plot the historical profit/loss percentage of the input currency pair for a specific period of time.

There is a R package czechrates relevant to foreign exchange. The package only provides foreign exchange rates from Koruna to other currencies. It does not support global currency exchange rates and visualizations like fxtrackerR does.

Installation

You can install the development version of fxtrackerR from GitHub with:

install.packages("devtools")
devtools::install_github("UBC-MDS/fxtrackerR")

Example

This is a basic example which shows you how to solve a common problem:

library(fxtrackerR)

To convert a specific amount of money from current currency (curr1) to desired currency (curr2): 

fx_conversion('EUR', 'USD', 150.75)

163.68

To look up the most recent date on which the target price happened. i.e. the target price was between day high and day low of the day: 

fx_rate_lookup('EURUSD', 1.072)

‘2023-01-10’

To visualize the trend of the exchange rate of a currency pair between the selected start date and end date: 

price_trend_viz('EURUSD', '2018-12-01', '2022-12-01', 'high')

To visualize the trend of the profit and loss of a currency pair between the selected start date and end date:

If a line chart is specified in the input:

pl_trend_viz("EURUSD", "2020-01-01", "2022-01-01", 'line')

If an area chart is specified in the input:

pl_trend_viz("EURUSD", "2020-01-01", "2022-01-01", 'area')

Contributors

Dependencies

  • dplyr == 1.1.0
  • ggplot2 == 3.4.0
  • tidyquant == 1.0.6
  • rlang == 1.0.6
  • testthat (>= 3.0.0)

License

fxtrackerR was created by Sarah Abdelazim, Lennon Au-Yeung, Crystal Geng and Markus Nam. It is licensed under the terms of the MIT license.