Pricing calculator that respects the price levels of countries using Purchase Power Parity (PPP). A library for currency conversion among local currency, US Dollar, and Luncho that is a common value index. Also with an API server and an app.
To get the local currency value of a country from a US dollar value in US, taking the price level of the country into account by factor 0 to 1.0.
const jpy = await this.luncho.get_currency_from_US_dollar(50.0, 'JP', 1.0)
To get the local currency value of a country from a Luncho value, taking the price level of the country into account by factor 0 to 1.0.
const local_currency_value = await this.luncho.get_currency_from_luncho(100.0, 'JP', 1.0);
To get the Luncho value of a country from a local currency value.
const luncho_value = await this.luncho.get_luncho_from_currency(50.0, 'JP', 1.0);
To get the US Dollar value of a country from a Luncho value, taking the price level of the country into account by factor 0 to 1.0.
const dollar_value = await this.luncho.get_US_dollar_from_luncho(100, 'JP', 1.0);
To estimate country code from IP address
this.countryCode = await this.luncho.get_country_code();
Useful for currency conversion on pricing pages and wages for mitigating the inequality problem among countries. It's based on purchase power parity (PPP) and World comparison Program (ICP).
A luncho value shows the same value in any country taking its price levels into account. For example, with 100 Luncho, you can have simple lunch in India, in Brazil, in USA, in Japan, and in any other countries.
In India 100 Luncho is equivalent to 191.11 Rupee ($2.31 US dollar), while the same 100 Luncho is 20.91 Real ($3.96 US dollar) in Brazil. In USA, 100 Luncho is about $7.97 US dollar. All are the same value because everything is just 100 Luncho for a lunch.
- Added get_luncho_from_currency() and get_currency_from_US_dollar().
- 100 Luncho is 6 SDR since 16th March, 2023.
Grow your product with Luncho.
Once you use Luncho in your pricing page, people in developing countries who are not able to buy your digital service will become to afford to buy it. Luncho will accelerate growth of your user base and your revenue beyond the current ones without Luncho.
Luncho de Peace is a derived work of AIST Luncho.