- Who should use Xpatulator.com®?
- Where do I start?
- What is Premium content and How do I get it?
- What information can I get / What can I use Xpatulator.com® for?
- What exactly is Cost of living (COL)?
- What is hardship?
- Who uses Xpatulator.com®?
- How can I get a free report?
- Having problems Logging in?
- What are the 13 Different Cost of Living Baskets?
- What do each of the 13 different cost of living basket consist of?
- Is tax part of the calculators?
- How do you take into account varying tax rates between different cities?
- What role does the exchange rate play?
- How do I run the Salary Purchasing Power Parity calculator to get a report?
- How do I run the Cost of Living Allowance calculator to get a report?
- How do I run the Cost of Living Index calculator to get a report?
- How do I run the International Assignment Management calculator to get a report?
- Why is the cost of living index (COLI) different in every location?
- How do the Xpatulator.com® calculators work?
- If I add up the cost of living differences for each basket group, it does not add up to the overall cost of living difference. Why is that?
- Does the Cost of Living Allowance analysis take into account differing levels of compensation ex-pats will receive?
- How do you determine how much salary will be exposed to the cost of living difference (i.e., the amount of spendable salary)?
- Can I rerun my report without paying again?
- Can I change the criteria I selected for my report after running it?
- Can I save my report?
- How can I have the report sent to my email address?
- I keep getting the same error message: Authorization Failed
- Where do we get our information from?
- How often is the information updated?
- What is the methodology used for the cost of living index data?
- How do I subscribe?
- How do I purchase a report?
- What do I do if I have a 2Checkout problem?
DATA COLLECTION AND METHODOLOGY
What role does the exchange rate play?
The exchange rate between two currencies specifies how much one currency is worth in terms of the other.
Most countries have a free-floating exchange rate. This means that its exchange rate is allowed to vary against that of other currencies, determined by the market forces of supply and demand.
Exchange rates usually change almost constantly as quoted on the financial markets, around the world.
Exchange rates change whenever the values of either currencies change.
A currency tends to be more valuable when demand is greater than supply (i.e. when a large amount of that currency is sort after for purchase).
A currency tends to be less valuable when demand is less than supply (i.e. when very little of that currency is required for purchase. This typically occurs when the majority prefer holding their wealth in some other form, possibly in another currency).
Due to these factors, Xpatulator makes use of an arbitrage exchange rate rather than the ruling exchange rate. Arbitrage is the practice of taking advantage of a price difference between two or more markets. The Xpatulator Arbitrage Exchange Rate calculates each currency against a single currency in order to ensure that any temporary price differences that may occur are negated.
This data is updated quarterly.