I have a dataset in which I have the amount issued by companies in different periods of time and in different currencies. I want to run a regression in which the amount issued by the companines is one of the independent variable. In order to do that I need the amount issued to be comparable, so I want to convert it all into the same currency. Is it possible to do that in an easy way using Stata?
Code:
* Example generated by -dataex-. To install: ssc install dataex clear input double originalamountissued str3 principalcurrency int issuedate 7.500e+08 "EUR" 21846 1.000e+08 "HKD" 22265 1.000e+09 "EUR" 21945 3.000e+08 "HKD" 22330 1.500e+08 "EUR" 20146 1.000e+09 "EUR" 22448 2.000e+08 "HKD" 22308 7.500e+08 "GBP" 22315 50000000 "GBP" 22175 3.000e+08 "HKD" 22265 1.000e+08 "HKD" 22306 2.500e+08 "HKD" 22300 3.000e+08 "HKD" 22257 4.000e+08 "HKD" 22299 19600000 "USD" 22148 1.250e+09 "EUR" 21329 1.000e+08 "EUR" 21654 1.000e+08 "GBP" 22175 1.000e+08 "EUR" 20468 7.500e+08 "GBP" 22216 end format %tdnn/dd/CCYY issuedate
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