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Oracle® Insurance XML Configuration Guide Release 9.4.0.0 E18894_01

# CURRENCY

## Description

This type allows the conversion of a MathVariable CURRENCY data type to another specified currency where an exchange rate is to be applied. It also may be used to convert a decimal variable that represents a known currency, such as the Valuation:Policy:CashValue expression. Applying a currency code to a numeric value without applying an exchange rate is done with the ToCurrency() function.

CURRENCY Element/Attribute Table
Element | Attributes | Attribute Value | Definition
--- | --- | --- | ---
<MathVariable> |  |  |
| VARIABLENAME | Literal string | Required
TYPE | "CURRENCY" | Required; Identifies type of the MathVariable.
OPERATION | "CONVERT" | Required; Describes the operation performed by the MathVariable.
FROMCURRENCY | Currency code. Literal string or another MathVariable: e.g. “USD” string, or “Plan:DefaultCurrencyCode” MathVariable. | Currency code. Literal string or another MathVariable: e.g. “USD” string, or “Plan:DefaultCurrencyCode” MathVariable.
TOCURRENCY | Currency code. Literal string or another MathVariable: e.g. “USD” string, or “Plan:DefaultCurrencyCode” MathVariable. | Required; Target currency code.
EXCHANGEDATE | Field or MathVariable containing a date value. | Optional; Date the system will use for the currency conversion calculation. If not specified, the system will use the last exchange rate as of the system date.
MARKETMAKER | MarketMakerGUID, (obtained from AsMarketMaker table) may be defined through another MathVariable or Field: e.g. “PlanMarketMakerGUID” | Required; Unique identifier for the Market Maker (i.e. MarketMakerGUID). Together with Exchange Rate, Market Maker database tables designate Currency conversion protocols.
DATATYPE | "CURRENCY" | Required

## XML Example

    <MathLoop TYPE="SEGMENT" VARIABLENAME="BaseLoop" POLICY="[Policy:PolicyGUID]">

    <MathVariable VARIABLENAME="TypeCode" TYPE="SEGMENTFIELD" SOURCEARRAY="BaseLoop" DATATYPE="TEXT">TypeCode</MathVariable>

    <MathIF IF="TypeCode = '04'">

    <MathVariable VARIABLENAME="SegmentGUID" TYPE="SEGMENTFIELD" SOURCEARRAY="BaseLoop" DATATYPE="TEXT">SegmentGUID</MathVariable>

    <MathVariable VARIABLENAME="SumAssured" TYPE="SEGMENTFIELD" SOURCEARRAY="BaseLoop" DATATYPE="CURRENCY">SegmentAmount</MathVariable>

    <MathVariable VARIABLENAME="SumAssuredCurrency" TYPE="FUNCTION" DATATYPE="TEXT">GetCurrencyCode(SumAssured)</MathVariable>

    <MathVariable VARIABLENAME="Tobacco" TYPE="SEGMENTFIELD" SOURCEARRAY="BaseLoop" DATATYPE="TEXT">SegmentTobaccoPremBasis</MathVariable>

    </MathIF>

    </MathLoop>

    <MathVariable VARIABLENAME="PolicyCashValue" TYPE="EXPRESSION" DATATYPE="DECIMAL">Valuation:Policy:CashValue</MathVariable>

    <MathVariable VARIABLENAME="PolicyCashValueInSumAssuredCurrency" TYPE="CURRENCY" MARKETMAKER="Plan:MarketMakerGUID"

    FROMCURRENCY="Plan:DefaultCurrencyCode" TOCURRENCY="SumAssuredCurrency" OPERATION="CONVERT" EXCHANGEDATE="Activity:EffectiveDate"

    DATATYPE="CURRENCY">PolicyCashValue</MathVariable>

    <MathVariable VARIABLENAME="DeathBenefit" TYPE="EXPRESSION" DATATYPE="CURRENCY">SumAssuredInBaseCurrency - PolicyCashValue</MathVariable>

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